US President Donald Trump said Thursday that Washington signed a trade agreement with China the previous day, though no details of the deal have been made public.
“Just signed with China yesterday,” Trump said during an event at The White House to promote his new tax and spending legislation. “In the China deal, we’re starting to open up China. Things that never really could have happened.”
US and Chinese officials reportedly met in London earlier this month to address tariff disputes. In April, Washington imposed sweeping tariffs on Chinese imports, though both sides later agreed to a 90-day easing of the measures starting in May.
Trump also suggested a trade deal with India may be next. “We have one coming up, maybe with India — a very big one — where we’re going to open up India,” he said.
He noted the US has collected $88 billion through tariffs, calling it “a beautiful thing.”
The remarks came as the president pushed for passage of the “One Big Beautiful Bill”, a Republican-backed legislative package that includes major tax cuts, border security funding, and economic reforms. Trump called it “one of the most important pieces of legislation in the history” of the country.
The bill narrowly passed the House last month and is currently being reviewed in the Senate. White House spokeswoman Karoline Leavitt said the administration expects it to reach Trump’s desk by 4 July.
“We expect that bill to be on the president’s desk for signature by July 4th,” Leavitt told reporters.
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Canada plans to recognize the State of Palestine at the UN General Assembly in September, Prime Minister Mark Carney announced Wednesday, joining Fran...
U.S. President Donald Trump has announced sweeping 50% tariffs on Brazilian imports, citing concerns over judicial overreach and human rights violatio...
An estimated 80,000 children are vulnerable to cholera in West and Central Africa amid ongoing outbreaks and the onset of heavy rains, according to th...
The U.S. and Pakistan have reached an agreement that includes reduced tariffs for Pakistan and a partnership in which the U.S. will assist in developing the country’s oil reserves, officials from both sides announced.
The U.S. will impose a 15% tariff on imports from South Korea under a new trade deal that also includes a $350bn (about £264bn) South Korean investment in the U.S., President Donald Trump has announced.
Canada plans to recognize the State of Palestine at the UN General Assembly in September, Prime Minister Mark Carney announced Wednesday, joining France and the UK in ramping up pressure on Israel.
U.S. Commerce Secretary Howard Lutnick confirmed that South Korea’s reciprocal and auto tariff rate will be set at 15%, averting a steeper 25% levy ahead of the 1 August deadline.
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'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
The U.S. and Pakistan have reached an agreement that includes reduced tariffs for Pakistan and a partnership in which the U.S. will assist in developing the country’s oil reserves, officials from both sides announced.
The U.S. will impose a 15% tariff on imports from South Korea under a new trade deal that also includes a $350bn (about £264bn) South Korean investment in the U.S., President Donald Trump has announced.
Canada plans to recognize the State of Palestine at the UN General Assembly in September, Prime Minister Mark Carney announced Wednesday, joining France and the UK in ramping up pressure on Israel.
U.S. President Donald Trump has announced sweeping 50% tariffs on Brazilian imports, citing concerns over judicial overreach and human rights violations. Yet major economic sectors were spared, following weeks of negotiations and lobbying from businesses on both sides.
An estimated 80,000 children are vulnerable to cholera in West and Central Africa amid ongoing outbreaks and the onset of heavy rains, according to the United Nations.
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