Trump and Xi set for talks amid escalating trade tensions
US President Donald Trump is set to speak with Chinese President Xi Jinping this week as trade tensions escalate, with new tariffs on Chinese goods set to take effect.
US President Donald Trump is set to speak with Chinese President Xi Jinping this week as trade tensions escalate, with new tariffs on Chinese goods set to take effect.
U.S. President Donald Trump will postpone 25% tariffs on Canadian imports for at least 30 days, Canadian Prime Minister Justin Trudeau announced on Monday. The delay offers a temporary reprieve amid escalating trade tensions between Washington and Ottawa.
Global markets plunged on Monday as Trump’s tariffs on Canada, Mexico, and China rattled investors, fueling fears of a trade war. A last-minute pause on Mexico’s tariffs helped limit losses, while gold hit a record high and U.S. factory activity returned to growth.
The U.S. has officially entered a new trade war. President Donald Trump has slapped 25% tariffs on imports from Canada and Mexico and 10% on China, citing immigration and drug trafficking concerns. The move has immediate consequences for businesses and consumers—so what happens next?
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