China hits back
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Overview
President Donald Trump says the increase in tariffs will protect America's steel industry, along with an expected partnership with Japan.
The U.S.-China trade truce in Geneva earlier this month hinged on Beijing agreeing to resume crucial mineral exports. Now China is slow-walking the concession, and the pact is in jeopardy.
U.S. consumer confidence rebounded sharply in May from a near five-year low as the outlook for the economy and labor market improved amid a truce on tariffs.
Consumer confidence improved in May after deteriorating for five straight months amid a truce in the trade war between Washington and China, though households continued to worry about tariffs raising prices and hurting the economy.
Many of the city’s small- and medium-sized enterprises are racing to export their current stockpile of products to the US before a 90-day trade truce expires.
With three decades spent shaping US trade policy from behind the scenes, Cutler touches on hot-button issues, from Trump's executive orders to the likelihood of a lasting agreement with China
Southeast Asian leaders met Monday in Kuala Lumpur for their first summit since US President Donald Trump's tariffs upended global economic norms, with the trade-dependent nations expected to issue a joint message of deep concern.