Stocks ride trade deal wave
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US strikes trade deal with China
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Donald Trump's tariff blitz is yielding some initial deals, including a 90-day pause in sky-high U.S. and Chinese duties and a limited trade pact with Britain, but the U.S. president is far from rebalancing global commerce flows,
The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer told reporters that more details would be provided on Monday.
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President Trump launched a global trade war meant to usher in a new American manufacturing renaissance. Just weeks after the tariff tussle started, the president is softening his tough talk as
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The Mavericks felt that Doncic didn't give them the best chance to win a title — despite the fact that they made the NBA Finals just a year ago — constantly repeating the phrase "defense wins championships" as the explanation for the deal.
The trade deal struck last week between the United States and Britain is probably not going to serve as a template for a trade agreement between the U.S. and the European Union, Lithuania's Finance Minister Rimantas Sadzius said on Tuesday.