Increased tariffs on a raft of Chinese imports set to be introduced on Jan. 1 will not go ahead for now.
Starting Jan 1, it heads off a plan by Washington to hike existing tariffs and tax the entire value of Chinese exports to the U.S.
He doubled down on his threat to impose tariffs on more goods if the two superpowers fail to come to an agreement.
Overall, the new trade agreement with Canada and Mexico is good for the textile industry.
They are conducting an inquiry into the impact the industry has on the environment and pay.
President Trump is expected to continue to pursue his trade policies through executive actions.
IDB Bank held a panel Monday night on the U.S. and China trade war, spotlighting apparel and footwear industry in reaction to tariffs.
The company’s pledge follows founder Jack Ma’s comments that the trade war is “the most stupid thing in the world.”
President Trump on Monday renewed threats to cut off aid to Honduras, Guatemala and El Salvador in response to the 7,000-strong caravan.
China’s debt pile, stagnating growth and the U.S. trade war are all playing a role.
During a heated seminar at the French Senate, industry officials urged the government to rethink the planned measure.
The deal to replace the North American Free Trade Agreement is expected to have little impact on the U.S.’ northern neighbor.