Peter Hoskins Business reporter Getty Images Top officials from the US and China have been meeting in London The US and China say they have agreed in principle to a framework for de-escalating trade tensions between the world’s two biggest economies. US Commerce Secretary Howard Lutnick said the deal should result in restrictions on rare...
Michael Race Business reporter, BBC News Getty Images The US and China have agreed a truce to lower import taxes on goods being traded between the two countries. The agreement marks a major de-escalation of the trade war between the world’s two biggest economies, which has sent shockwaves impacting countless other countries, including the UK....
Watch: US and China are ready to talk tariffs – who will blink first? Donald Trump says there has been a “total reset” in US-China trade relations following the first day of talks between American and Chinese officials in Switzerland. In a social media post, the US president described the talks as being “very good”...
There is an opportunity for a “big deal” between the US and China on trade, America’s Treasury Secretary Scott Bessent has said. Asked about an upcoming meeting between the countries, Bessent said there would be an “incredible opportunity” to strike an agreement, if China was “serious” on making its economy less dependent on manufacturing exports....
Getty Images A full-scale trade war with China and the US is in prospect after President Donald Trump threatened to impose tariffs of more than 100% on Chinese goods imports from Wednesday 9 April. China has said it will “fight to the end” rather than capitulate to what it sees as US coercion, and has...