U.S. President Donald Trump this week secured five new trade deal frameworks to reduce U.S. costs of living, foster greater foreign investment, and address Washington’s trade deficits with other nations. Whether these deals will be enough to reduce high U.S. grocery prices and counter Chinese competition on critical minerals, though, is still to be seen.
Welcome back to World Brief, where we’re looking at the White House ’s latest trade deals, China ’s anger over U.S. and Japanese support for Taiwan , and a massive Russian assault on Kyiv .
Welcome back to World Brief, where we’re looking at the White House’s latest trade deals, China’s anger over U.S. and Japanese support for Taiwan, and a massive Russian assault on Kyiv.
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Lowering Tariffs
U.S. President Donald Trump this week secured five new trade deal frameworks to reduce U.S. costs of living, foster greater foreign investment, and address Washington’s trade deficits with other nations. Whether these deals will be enough to reduce high U.S. grocery prices and counter Chinese competition on critical minerals, though, is still to be seen.
On Friday, the United States reached a dual trade deal with Switzerland and Liechtenstein that will lower tariffs from 39 and 37 percent, respectiv
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