U.S., China agree to cut tariffs on $60 billion in goods
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Once one of its best markets, the country is now a major cause of the sportswear giant’s sinking fortunes.
America and China will cut tariffs on around $30bn-worth of each other’s goods ($60bn in total)—including American corn and cosmetics, and Chinese toasters and toys—followin
The US and China have agreed to create a lower tariff regime covering $60bn in trade in non-sensitive goods from electric shavers to camels, in an effort to inject some stability into relations between the powers.
Persistent growth of Chinese exports to the U.S. is helping the world's second-largest economy ride out ongoing domestic challenges.
A Trump administration initiative to create a China-free supply chain for military and industrial inputs is starting to work.
Trump and Xi have slashed tariffs on $30 billion worth of goods on each side, but not the soybeans that Iowa farmers depend on
China's economy and tech have developed at breakneck speed, but there is plenty worrying its Gen Z.
The push comes after China’s battery industry has established an early global advantage but continues to face structural challenges.