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Trump officials say trade deal reached with China but details remain unclear
The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.
The weekend deal adds to the sense that President Donald Trump may be backing off some of the more stringent trade tariffs.
The Trump administration has imposed tariffs on countries worldwide, but its fight with China has been the most intense.
Live updates and the latest news as the U.S. and China pause tariffs and Trump signs an executive order aimed at lowering ...
Tesla's Elon Musk didn't favor tariffs, and Tesla wasn't immune to the trade war. Tesla has suffered a series of setbacks ...
The deal involves both nations cancelling some tariffs altogether and suspending others for 90 days, by 14 May. The result is ...
President Donald Trump is expected on Monday to embark on an official trip to the Middle East, a major international trip.
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