INTERNATIONAL
Trump says US is completing trade deal with China, eyes straight tariffs for others
US President Donald Trump says a China trade deal is nearly done and offers lower tariffs to the EU if it opens its market to US businesses. - REUTERS
WASHINGTON: President Donald Trump said on Wednesday that the United States was in the process of completing a trade deal with China and would be setting straight tariffs for most of the rest of the world.
AI Brief
Speaking at an event on artificial intelligence in Washington, Trump also said Washington was in serious trade talks with the European Union and would set lower tariffs for the bloc if it opened itself up to U.S. businesses.
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AI Brief
- Trump announced the US is finalising a trade deal with China.
- He is negotiating with the EU to reduce tariffs in exchange for more US market access.
- The US aims to adjust global tariffs as part of its broader trade strategy.
Speaking at an event on artificial intelligence in Washington, Trump also said Washington was in serious trade talks with the European Union and would set lower tariffs for the bloc if it opened itself up to U.S. businesses.