White House, China and Trade Deal
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Two-thirds of the way into Peter Navarro’s infamous “90 deals in 90 days” vow, Trump and his team appear to be short ... 90 deals.
2hon MSN
Shortly after President Donald Trump returned to the White House in January, he launched a tariff war against China, as part of a broader implementation of import taxes on goods from several dozen countries as Trump seeks to reset the foundations of global trade.
Last week, the Trump Administration enforced new levies against steel and aluminum imports, doubling the existing 25 percent tariff. These high duties join similar taxes on other essential construction materials such as lumber and timber,
The letter is meant as a progress check on trade partners, not necessarily a request for a final offer, an official close to the matter told The Post.
The lawsuit filed by Salt Lake City-based Genova Pipe and four other businesses alleges that Liberation Day tariffs put in place by President Donald Trump have not only cost them critical suppliers and customers but also pose a direct threat to their survival.
Chancellor Friedrich Merz on Thursday said Germany, Europe's largest economy, was ready to take over a greater leadership role on future trade agreements as the United States and the EU race to reach a trade deal before a July 9 deadline.