“China should open up its market to the USA — it would be so good for them!!! Closed markets don’t work anymore!!!” Trump wrote. “80% Tariff on China seems right! Up to Scott B,” he added.

Trump’s remarks come as Treasury Secretary Scott Bessent is poised to launch trade negotiations with China in Switzerland on Saturday amid a steep tariff battle between Washington and Beijing ...

Tariff reductions: The US will lower its average tariff on Chinese goods to about 30%, while China will reduce retaliatory ...

The investments are likely to focus on emerging markets like South and Southeast Asia, Latin America and the Middle East, ...

President Donald Trump said he had a "very good phone call" with Chinese President Xi Jinping to resolve some of the trade differences, and that the two leaders had invited each other to visit their ...

Beijing and Washington are speeding up the implementation of the trade framework reached in London, China’s commerce ministry ...

Major Cognac companies made concessions to avoid the worst of the penalties, imposed by Beijing in retaliation for E.U.

The statement came after U.S. President Donald Trump said that both sides had signed a trade deal, without providing further ...

The IMF expects the Swiss economy to grow by 1.3% this year, down from a previous 1.7% forecast. In its first view for 2026, ...

Trump’s team has high-stakes China trade talks in Switzerland as prez tries to lower 145% tariff rate By . Diana Glebova. Published May 10, 2025. Updated May 10, 2025, 10:59 p.m. ET.