Trump, China and tariffs
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Trump insists Aug. 1 tariff deadline won’t be extended
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The U.S. pork industry exports about 55 percent of pork offal, sometimes called pork variety meats, to China, according to the National Pork Producers Council. These are the internal organs of hogs, like the kidneys, liver and tongue, which are commonly used in Chinese dishes but are not a part of most American diets.
China "firmly opposes any party reaching a deal at the expense of China's interests in exchange for so-called tariff reductions," it said. If such a situation arises, "China will never accept it and will resolutely take countermeasures to safeguard its legitimate rights and interests."
China is ready to have discussions about trade policies, including tariffs and subsidies, that Washington has identified as obstacles to reforming the World Trade Organization, a senior delegate at China's mission to the WTO said.
After weeks of President Trump talking up his plan to send out letters with a “take it or leave it” tone, those letters have now landed on Donald Trump’s social network Truth Social.
Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.
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YEN.com.gh on MSNChina to require EU brandy exporters to raise prices or face tariffsChina will require major European brandy exporters to raise prices or risk anti-dumping taxes of up to 34.9 percent from Saturday, the latest salvo in its long-running trade spat with the bloc. Beijing's commerce ministry said on Friday that China's tariff commission had "decided to impose anti-dumping duties on imports of relevant brandy originating in the EU" from Saturday.
June 3, 2025: Trump signs order to double tariffs on steel and aluminum imports to 50%, with the increased levies going into effect just after midnight on June 4. June 4, 2025: Trump said that Chinese President Xi Jinping has been “extremely hard” to strike a deal with as trade talks between two nations falter.
Meanwhile, President Trump on Wednesday said he had reached a trade deal with Vietnam, one week ahead of a July 9 deadline for tariffs to snap back to higher levels for US partner