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Trump ends de minimis exemption for global low-cost goods
CNBC Television· 2025-07-30 19:15
So, there's some counterprogramming going on here at the White House, it seems. A trio of fact sheets just being released, saying the president has signed some executive orders on trade, formalizing some moves, some of which he had threatened, some of which are new. The first is the president says he's going to be revoking entirely the dimminimous threshold for all packages coming in from abroad.It'll be taking effect at the end of August. Now, this is something that will affect companies like Sheen and Tam ...
Will Trump Extend the Trade Truce With China?
Bloomberg Television· 2025-07-30 17:12
So this is a very different way of negotiating trade agreements. And I actually don't think you can look at these framework deals in the traditional sense as trade agreements that we've seen in the past, where there's multiple negotiating rounds, where you refine the text before it gets to the principal and then it's issued. I really view these as the start of negotiating rounds that we're going to see over the next weeks, months and maybe even years.The reality is it takes a long time to get at this signif ...
X @The Economist
The Economist· 2025-07-30 07:36
RT David Rennie (@DSORennie)South African leftists long to play the China card and tell the West to get lost. Centrist political & business leaders say Chinese trade and investment is too skewed in China’s favour to replace the West for now. My column, the Telegram, reported from SA https://t.co/QcxBxbqYT4 ...
Adam Parker: Not a single call from institutional investors on trade this week
CNBC Television· 2025-07-29 19:52
Let's bring in now CNBC contributor Adam Parker of Triariat Research back here post nights. Good to see you. Have you moved on from all this.Are you how fixated are you on on what's actually taking place on trade. I mean this week I've gotten zero questions from institutional investors so far. Not a single one.No. Probably done seven or eight Zooms, couple inerson meetings, and I had a big dinner last night with eight big investors and didn't really come up. Does that tell you that we're desensitized to it ...
U.S.-China Trade Officials Discuss Tariff Truce Extension | WSJ News
WSJ News· 2025-07-29 18:36
Uh with respect to a potential pause, you we're going to head back to Washington DC. We're going to talk to the president about whether that's something that he wants to do. Um it's certainly something that's been under discussion and so we'll brief the president on the outcome of this and we'll see if there are any we have further technical discussions that are happening right now as we speak among the teams and so the president can make a final call on whether that's something that he wants to do.>> I'm j ...
U.S.-China tariff pause extension not final until Trump signs off, trade negotiators say
CNBC Television· 2025-07-29 18:29
what after your talks today uh will those tariffs be imposed on the Chinese or may did you make any commitments to pause them or not target the Chinese specifically with those actions and then what would you say is the biggest concessions that the Chinese have had to make in these talks so far. Well, I I I'll just repeat that China is the most unbalanced imbalanced economy in modern times. And I think we are going they're 30% of global manufacturing.They have a 2% current account surplus of global GDP which ...
X @CNN Breaking News
CNN Breaking News· 2025-07-29 18:00
The US-China trade talks have ended without a new deal. They now have two weeks to extend a deadline or resume historically high tariffs on each other's imports. https://t.co/RI5Rnky6AX ...
X @Wu Blockchain
Wu Blockchain· 2025-07-29 16:32
China’s official media Xinhua: Chinese Vice Commerce Minister Li Chenggang said both China and the United States will continue to promote the scheduled extension of their respective measures—specifically, the 24% portion of U.S. reciprocal tariffs that had been suspended, and China’s countermeasures. https://t.co/g5IWS7VnWR ...
X @Cointelegraph
Cointelegraph· 2025-07-29 16:25
🚨 BREAKING: The U.S. and China have agreed to extend their trade truce. https://t.co/W6f9UZKuFc ...