Categories: USA World

Trump is considering double tariffs on China on 1st of March

Trade negotiation between China and USA are underway as the deadline of March 1 is approaching. The trade talks are under the way in Beijing, China. Mnuchin and Lighthizer are going to arrive in China on Wednesday. They will move the talks further by presenting their views. US officials are looking for the enforcement of the deals which is the key prospect of the trade talks. Trump is looking to hold on to the double tariffs on China while China is lowering the cost for dealing with the tariff. The White House officials are keen to make a deal with China. Institute for International Finance reported that the imports of good at the rate of 25% tariff are falling sharply.

Adyson Sipes

Staff writer for the Chicago Morning Star

Recent Posts

Chicago Proposes First-in-Nation Social Media ‘SMART Tax’

Chicago Mayor Brandon Johnson has introduced a new tax proposal targeting major social media companies as part of his effort…

14 hours ago

Chicago Teachers Union, CPS Reach $1.5B Deal Without Strike

The Chicago Teachers Union and Chicago Public Schools have reached a $1.5 billion, four-year contract that will shape classrooms across…

2 days ago

Early Bird Flu Surge Hits Europe, North America Hard

Europe and North America are confronting an unusually early and intense surge of bird flu, with outbreaks spreading across wild…

2 days ago

Chicago Fire, Versiti Partner for Community Blood Drive

Chicago Fire FC and the Versiti Blood Center of Illinois are partnering to host the Fire Up Blood Drive, a…

3 days ago

Jeanne Ives Warns Chicago Is ‘Bankrupt’ Amid Debt Strain

Former Illinois Representative Jeanne Ives said Chicago is effectively bankrupt and that investors are signaling growing concern over the city’s…

3 days ago

Turkey Adoption Programs Grow as Sanctuaries Shift Tradition

A growing number of farm animal sanctuaries across the country are promoting an alternative Thanksgiving tradition that invites families to…

4 days ago

This website uses cookies.