Trump Tariffs Updates: US and China Reach Agreement to Alleviate Trade Tensions Amid Ongoing Legal Issues

Reported 2 days ago

The US and China have established a framework to ease trade tensions following two days of negotiations in London, aimed at resolving issues related to rare earths and magnets. US Commerce Secretary Howard Lutnick announced that representatives would now seek approval from their leaders. While Trump's tariffs remain under legal scrutiny, a federal appeals court has allowed them to stay in effect temporarily. The negotiations occur against a backdrop of heightened scrutiny on global trade policies, with ongoing discussions involving other countries as well.

Source: YAHOO

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