President Donald Trump claims his 2025 tariffs played a role in securing the Israel-Hamas peace deal and other global conflicts. He insists economic measures saved millions of lives while critics remain skeptical.
The latest US-China trade talks in Stockholm ended without a final agreement, but both sides agreed to extend the tariff truce. With the August 12 deadline approaching, the global economy watches as Trump prepares to decide.
A significant reduction in reciprocal tariffs in a recent US-China Trade Deal: Tariffs Slashed by 115% in Historic 90-Day Agreement to Ease Tensions. In a surprising turn of events, the United States and China have agreed to cutting combined duties by 115% for a period of 90 days offering a much-needed breather in the long-running US-China trade war. The deal, finalized during weekend trade talks in Geneva.