Trump Slashes 'De Minimis' Tariff on China
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Chilean industrial conglomerate Empresas Copec said on Tuesday that the Chinese market for its forestry products could become more challenging if paper makers struggle to boost sales amid uncertainty over U.
U.S. Trade Secretary Scott Bessent said neither the U.S. nor China want to see a decoupling in their relationship, as each agreed to lower tariffs for 90 days.
There’s more to Monday’s soaring stocks than the pause in crushing China tariffs.
A surprising tariff pause between Beijing and Washington will not help U.S. farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage.
U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.
The weekend deal adds to the sense that President Donald Trump may be backing off some of the more stringent trade tariffs.
President Donald Trump claimed a “total reset” of U.S.-China trade relations has been negotiated. The crypto market soared dramatically on May 10 as President Donald Trump claimed that the U.S. had "a very good meeting" with China.
Volkswagen's CFO expects the carmaker's new product launches in China to start improving its performance in the battery-electric vehicle segment by the third quarter of 2026, he said in an interview with the Financial Times on Tuesday.