trump china tariff

US-China trade talk optimism drives oil prices to weekly gains

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US-China trade talk optimism drives oil prices to weekly gains

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with the United Kingdom turned investors optimistic ahead of talks between top officials from Washington and Beijing. Brent crude futures rose $1.07, or 1.7%, to settle at $63.91 a barrel, while U.S. West Texas … Read more

Donald Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth

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Donald Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth

BENGALURU/BEIJING: The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world’s second-biggest economy by up to 1 percentage point. The poll, the first on China’s economy by Reuters since Donald Trump‘s sweeping election victory on Nov. 5, also … Read more