Trump's Trade Talks with China: Tariff Demands and New Deals

Reported 11 days ago

President Trump outlined key demands for negotiations with China, focusing on rare earth minerals, fentanyl, and soybeans, as the expiration of a fragile trade truce approaches. He described high tariffs on Chinese goods as 'not sustainable,' hinting at easing tensions. In a significant move, the U.S. and Australia signed a deal to enhance access to critical minerals, which may bolster the U.S. position in upcoming trade talks. The U.S. budget deficit saw a decline partly due to increased tariff revenues.

Source: YAHOO

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