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US and China agree to slash tariffs temporarily after trade talks
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Approved, National, New York Post

US and China agree to slash tariffs temporarily after trade talks

By Emily Crane and Diana Glebova | New York Post The United States and China agreed Monday to a 90-day truce in their raging trade war — with each agreeing for now to slash reciprocal tariffs by more than 100 percentage points, bringing China’s duty rate down to just 10%. Under the agreement, the US will drop its 145% tariff rate on most Chinese goods to 30%, while China will lower its rate to 10% from 125%, officials said.   The agreement also includes a mechanism for talks toward a permanent deal to continue — and the two sides spoke about how they will both address the flow of fentanyl from China to the US, a White House readout of the agreement read. At the White House Monday, President Trump confirmed that 25% tariffs on cars, steel and aluminum re...
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Trump floats slashing China tariffs ahead of key meeting
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Approved, National, National Review

Trump floats slashing China tariffs ahead of key meeting

By David Zimmermann | National Review President Donald Trump on Friday floated reducing tariffs on China to 80 percent, down from the current 145 percent total, as Washington and Beijing officials prepare for an important meeting this weekend. Trump indicated a lower tariff rate in a post on Truth Social, saying an “80% Tariff on China seems right!” The president added it remains “up to” Treasury Secretary Scott Bessent in negotiating a lower levy, though. Bessent and U.S. Trade Representative Jamieson Greer traveled to Geneva, Switzerland, where they will meet with their Chinese counterparts. The meeting marks the first meaningful step toward resolving the trade tensions between the world’s two largest economies since the U.S. slapped tariffs on China. READ THE FULL ...
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Trump unveils new UK trade deal, calls it ‘incredible day for America’
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Approved, Fox Business, National

Trump unveils new UK trade deal, calls it ‘incredible day for America’

By  Greg Norman | Fox Business President Donald Trump announced a new trade deal with the U.K., calling Thursday "an incredible day for America."  Trump told reporters at the White House that "today’s agreement with the U.K. is the first in a series of agreements on trade that my administration has been negotiating over the past four weeks."  "With this deal, the U.K. joins the United States in affirming that reciprocity and fairness is an essential and vital principle of international trade. The deal includes billions of dollars of increased market access for American exports, especially in agriculture, dramatically increasing access for American beef, ethanol and virtually all of the products produced by our great farmers," Trump said.  "They’ll also be f...
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US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
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Approved, Fox Business, National

US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh

By Eric Revell  | Fox Business The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data released on Wednesday. The Commerce Department's Bureau of Economic Analysis (BEA) released its advance estimate for first quarter gross domestic product (GDP), which found the U.S. economy contracted at an annual rate of 0.3% in the first quarter, which runs from January through March. Economists surveyed by LSEG had expected the economy to grow at a 0.3% rate in the quarter. The first quarter's 0.3% contraction was slower than the 2.4% GDP growth recorded in the fourth quarter. The quarterly contraction was the first since the first quarter of 2022. The decline in GDP was attributed primarily to an i...
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Amazon denies report that ‘tariff cost’ will be shown next to product prices
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Approved, Breitbart, National

Amazon denies report that ‘tariff cost’ will be shown next to product prices

By Simon Kent | Breitbart The price of products Amazon Inc. displays in its online store may soon include the listed price and how much was added to the value due to President Donald Trump’s tariff impositions. Punchbowl News reported on Tuesday that, according to a source familiar with the matter, the e-commerce giant will start showing the figure added to the value because of the duties right alongside a product’s total price. The move is reportedly an effort by Amazon to inform customers cost rises have nothing to do with it and everything to do with the Trump White House. READ THE FULL STORY AT BREITBART
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Donald Trump, Scott Bessent reveal which country could be close to making trade deal
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Approved, National, The Daily Caller

Donald Trump, Scott Bessent reveal which country could be close to making trade deal

By Harold Hutchison | Daily Caller President Donald Trump and Secretary of the Treasury Scott Bessent said on Thursday that negotiations over a potential trade agreement with South Korea are making progress. Trump announced a 90-day pause on reciprocal tariffs via an April 9 post on Truth Social that also announced substantial increases on tariffs on Chinese exports to the United States, a week after he initially unveiled the duties on imports. Bessent said that the talks with South Korea had gone “faster” than he expected.  “Yes, I will,” Trump said when asked if he would be meeting world leaders while in Italy to attend the funeral of Pope Francis. “I would like to meet them all. That would be nice. I would like to take care of all of them. Many of them there. They all want to m...
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Colorado joins multistate lawsuit challenging Trump administration tariffs
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Approved, denvergazette.com, National, State

Colorado joins multistate lawsuit challenging Trump administration tariffs

By Marissa Ventrelli | Denver Gazette Colorado has joined a multistate lawsuit against the Trump administration for imposing tariffs on about 90 different countries, Attorney General Phil Weiser and Gov. Jared Polis announced Wednesday. Weiser and Polis said the tariffs are "destroying our economy, increasing costs on Americans, plunging markets, and putting America on the track to a recession." The president has argued that the tariffs would reverse decades of what he called unfair treatment in the form of a trade deficit by the rest of the world. His trade policy, he said, would result in factories and jobs moving back to the United States. The states on the suit included Oregon, Arizona, Illinois, and New York. "Coloradans are already starting to feel the effects of the T...
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Stocks attempt third day of gains, Trump eyes softer tariff tone
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Approved, Fox Business, National

Stocks attempt third day of gains, Trump eyes softer tariff tone

By FOX Business Team , Christina Shaw, Bradford Betz and Stephen Sorace | Fox Business Stocks are higher on Thursday, extending gains from the prior two sessions. The Dow Jones Industrial Average was up more than 300 points, or 0.8%, while the S&P 500 and Nasdaq Composite climbed 1.5% and 2%, respectively. The major indexes opened mixed on Thursday after China said there are no ongoing talks with the U.S. on tariffs. Ministry of Commerce spokesman He Yadong said on Thursday that "Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis," according to The Associated Press. READ THE FULL STORY AT FOX BUSINESS
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Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent
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Approved, Fox Business, National

Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent

By FOX Business Team , Christina Shaw and Stephen Sorace | Fox Business Treasury Secretary Scott Bessent said on Wednesday that more than 100 countries have approached the U.S. "wanting to help rebalance global trade" in response to President Donald Trump's tariff announcements. "These countries have responded openly and positively to the president's actions to create a more balanced international system," Bessent said at the Institute of International Finance. "We are engaged in meaningful discussions, and look forward to talking with others." READ THE FULL STORY AT FOX BUSINESS
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Hurd, Bacon, Gottheimer, Meeks introduce bill to restore Congress’ constitutional role in trade
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Approved, National, The Fence Post

Hurd, Bacon, Gottheimer, Meeks introduce bill to restore Congress’ constitutional role in trade

By The Fence Post Rep. Jeff Hurd, R-Colo., along with Reps. Don Bacon, R-Neb., Josh Gottheimer, D-N.J., and Gregory Meeks, D-N.Y., introduced bipartisan legislation to return Congress’ constitutionally authorized role in setting and approving U.S. trade policy. H.R.2665, The Trade Review Act of 2025, requires that unilateral tariffs proposed by the executive branch receive congressional authority. This legislation is the companion bill to Sens. Chuck Grassley, R-Iowa, and Maria Cantwell’s, D-Wash., legislation, The Trade Review Act of 2025, which mirrors Grassley’s 2019 Section 232 tariff reform efforts as Senate Finance Committee Chairman during the first Trump administration. “As a constitutional conservative, I am proud to co-lead the Trade Review Act of 2025, re...
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