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The Latest Breaking News on US Says Trump Has 'Final Call' On China Trade Truce

US Says Trump Has 'Final Call' On China Trade Truce

China and the United States agreed Tuesday to hold further talks on extending their tariff truce, but a top US trade official stressed that President Donald Trump would make any "final call."

International Business Times

US and China poised to extend tariff truce after failing to find resolution at talks

Trump will need to approve pause, say US representatives after negotiations end with sides failing to break deadlock on trade terms

The Guardian - UK

P&G Estimates $1 Bn Tariff Hit, Plans Some US Price Hikes

Procter & Gamble executives projected a $1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the United States.

International Business Times

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5 Reasons Trump’s Trade Deal With China Is Bad News for the Middle Class

Trump’s trade deal with China may hit the middle class hard. Discover 5 key reasons it could raise costs, affect jobs and shake your financial future.

GOBankingRates

German politicians furious at von der Leyen over new EU-US trade deal

German businesses and politicians are shocked by the customs deal that EU executive chief Ursula von der Leyen negotiated with the US president, seen as potentially damaging to Germany's economy.

Euronews

US and China push for breakthrough in Sweden as tariff talks enter day two

Representatives of the world’s two largest economies meet in Sweden as the expiration date for a 90‑day pause on tariffs draws near.

Euronews

‘Europeans are celebrating’: Donald Trump’s EU tariff deal means bargains for Europeans and skyrocketing prices for Americans

Yet another Trump raid on your wallet.

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EU and US spin conflicting versions of trade deal, sowing confusion

The European Commission and the White House are making contradictory claims about the content and scope of the EU-US trade deal.

Euronews

IMF upgrades global growth forecast as Trump tariffs ease, but warns on risks

Despite reduced tensions and EU trade deal, US policies are ‘highly uncertain’, says Washington-based organisation

The Guardian - UK

Surging US imports and lower tariffs to lift global growth, IMF predicts

The International Monetary Fund said ‘front-loading’ had ‘shaped economic activity in the first half of the year’.

Evening Standard

The markets are behaving as if Europe has pulled the wool over Trump's eyes

Investors are trading as if one of two conditions will turn out to be true: That the deal is composed of stuff that was going to happen anyway, or that the U.S. Supreme Court will rule Trump's deals are illegal.

Fortune

Higher US tariffs part of the price Europe was willing to pay for its security and arms for Ukraine

The EU-U.S. tariff agreement sealed over the weekend has been described as a “dark day” for Europe and even a capitulation to American demands

The Independent UK

Chinese, US Officials Meet For 2nd Day Of Trade Talks In Stockholm

Chinese and US delegations met for their second day of trade negotiations in Stockholm, with both sides said to be aiming to extend a truce due to end in two weeks' time.

International Business Times

Top Chinese, US trade officials huddle in Sweden for second day of thorny talks over tariffs

Chinese and U.S. trade officials were heading into a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world’s two largest economies

The Independent UK

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Euronews

US-EU trade deal wards off tariff escalation but threatens growth

The 15% rate removes Trump's threat of a 30% tariff. But it effectively raises the tariff on EU goods from 1.2% last year to 17%.

The Guardian - US

As Trump’s tariff regime becomes clear, Americans may start to foot the bill

Every company at every stage of the supply chain will try to pass on the cost of US tariffs, as much as possible

People

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