Trump Tariffs Update: Tensions with China Persist, Rapid Deal with South Korea Possible

Reported 1 day ago

Treasury Secretary Scott Bessent indicated that the U.S. and South Korea might reach a trade agreement quickly, but tensions with China remain high as they demand the removal of all U.S. tariffs. While President Trump claimed discussions with China are ongoing, China refuted any progress, insisting that the U.S. first remove tariffs to facilitate talks. The trade environment continues to impact U.S. businesses, with many companies adjusting their forecasts due to tariff uncertainties.

Source: YAHOO

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