Hopes Rise for U.S.-Europe Trade Deal
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U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,
Half a century after the establishment of relations between China and the EU, and against a backdrop of deteriorating transatlantic relations, the European Union and China held their 25th summit in Beijing.
The US-China trade deal is likely a precursor to certain other agreements on Fentanyl and Nvidia semiconductor chip exports, but an eventual decoupling is inevitable.
The Chinese commerce ministry said on Friday that Beijing and Washington had stepped up efforts to implement what they had agreed during recent trade talks but cautioned the U.S. against destabilising their "hard-won" consensus.
There is a 50% chance of a trade deal between the U.S. and the European Union, Donald Trump said Friday as the bloc’s chief Ursula von der