China, Deal
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China has criticised the UK-US trade deal in a potential blow to the Government's bid to revive relations with the country.
Opposition to Trump may have jumped the gun on the doom and gloom forecasts. Trump's string of deals and demands have moved markets to recovery. Major indices have since exceeded both their April 1 closes and predictions.
With just two months left on his 90-day tariff pause, Trump struck a deal with the UK. Other trade deals remain up in the air.
President Donald Trump's Treasury Secretary Scott Bessent provided an update on its productive trade negotiations with China.
The U.S. has a $12 billion trade surplus with the United Kingdom, meaning it already exports more than it imports. Meanwhile, the baseline 10% tariff Trump announced April 2 will remain in effect for most U.K. imports, which could lead to higher prices for consumers.
As Trump administration officials prepare to meet with Chinese officials in Geneva this weekend, it’s tempting to believe the momentum from the United Kingdom trade deal announcement on Thursday will carry over.
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Trump inks trade deal with UK, previews China trade negotiations during 16th week in officeTrump also met with Russian-American ballet dancer, Ksenia Karelina, at the White House Monday. Karelina faced a sentence of 12 years in a Russian penal colony for treason in 2024, but the Trump administration negotiated her return to the U.S. during a U.S.-Russian prisoner swap in April.
In pausing his big reciprocal tariffs on most nations last month, President Donald Trump said countries were clamoring to negotiate trade deals ... U.S. partners such as China, Mexico and Canada ...