TRADE DEAL

Jul 03 2025BUSINESS

U. S. -Vietnam Trade Deal: A New Chapter in Global Trade Wars

In a surprising move, the U. S. and Vietnam struck a trade deal just before the U. S. was set to reinstate full tariffs. The agreement cuts the duty on Vietnamese imports to the U. S. from 46% to 20%. Vietnam, in return, agreed to impose a 40% tariff on goods that come from other countries but are shipped through Vietnam to the U. S. This practice, known as transship...

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Jun 28 2025BUSINESS

Trade Talks: Time is Running Out

The clock is ticking on trade negotiations, and the US economy might feel the heat soon. With just over a week left before the 90-day pause on "Liberation Day" tariffs ends, the White House is scrambling to finalize deals. But with only two agreements signed and many more to go, the July 9 deadline seems far-fetched. President Trump has been talking big about trade ...

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Jun 27 2025BUSINESS

Trump's Trade Talks: A New Deal with China?

Trump has been talking about a new trade agreement with China. He mentioned this deal during a recent interview, but he didn't share any specifics. The Commerce Secretary, Howard Lutnick, also confirmed that a deal was signed earlier in the week. However, neither Trump nor Lutnick gave any details about what was agreed upon. This isn't the first time Trump has talke...

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May 27 2025BUSINESS

Consumer Hope Rises After Tariff Worries Ease

In May, Americans felt a bit more optimistic about the economy. This shift came after five months of declining confidence, which hit a low point in April. The main reason for the earlier pessimism? Worries about the impact of President Donald Trump's tariffs. The Conference Board's consumer confidence index saw a significant jump of 12. 3 points in May, reaching 98....

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May 17 2025BUSINESS

The Uncertain Future of Small Businesses Amidst Trade Wars

Small businesses are feeling the pressure as they navigate the ever-changing landscape of trade tariffs. The recent agreement between the US and China has lowered tariffs on Chinese goods to 30% for a 90-day period. This temporary reprieve has brought a mix of relief and frustration to small business owners. Connor Alexander, a board game publisher in Seattle, is o...

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May 17 2025POLITICS

Trade Talks: New Rules for Global Trade

The United States is set to shake up global trade with new tariff rules. This is a big move that will affect many countries. The plan is to send out letters to around 150 countries. These letters will outline what they need to pay to trade with the US. This is a shift from the usual one-on-one trade talks. This announcement came from the President during a business ...

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May 10 2025BUSINESS

The US and China's Trade Tug-of-War in Geneva

The United States and China started serious trade discussions in Geneva. This meeting happened after Donald Trump hinted at reducing tariffs on Chinese goods. This move was seen as a way to ease tensions between the two economic giants. China, on the other hand, wants the US to show real commitment by removing tariffs on its exports. The t...

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May 09 2025POLITICS

Food Safety First: UK's Stance on US Beef Imports

The UK has reached a deal with the US to boost beef trade. This has sparked concerns about food safety standards. The government has reassured the public that hormone-treated beef will not be allowed into the country. The UK has strict rules about food safety. These rules will not change because of the new deal. The government has promised to use certification a...

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May 08 2025BUSINESS

U. S. and U. K. Ink Trade Agreement Amidst Global Tensions

The U. S. and U. K. have struck a trade agreement, marking a significant move in global trade politics. This comes after a period of intense negotiations and market volatility caused by recent tariff changes. The details of the agreement are not yet public, but it is expected to be extensive. The U. S. president is set to officially unveil the deal soon. The U. S. h...

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May 08 2025POLITICS

Trade Shifts and Diplomatic Surprises

The political landscape is ever-changing, and recent developments show just how fluid it can be. President Trump has notably shifted his stance on trade deals. Initially, he was confident that his tariffs would swiftly force foreign nations into new agreements, boasting that countries were eager to negotiate. He even claimed that nations were desperate to make deals,...

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