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🖼 🤝 The US-China trade truce prompts many countries to consider adopting a tougher strategy: China's tough stance in reaching a tariff truce agreement with the US has prompted some countries to re-evaluate their trade negotiation strategies with the Trump administration and consider adopting a more...

🤝 The China-US trade truce prompts many countries to consider adopting tougher strategies: China's tough stance in reaching a tariff truce agreement with the US has prompted some countries to re-evaluate their trade negotiation strategies with the Trump administration and consider taking a tougher stance. Although China and the US have reached a tariff truce, considering the previous tariffs, the average import tax rate on Chinese goods exported to the US is still close to 50%. Even in the agreement reached in Geneva, Switzerland, the US tariffs on China are as high as 30%.

(Bloomberg Markets)

via Teahouse - Telegram Channel

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