Urgent .. Trump is retreating and China triumphs in the trade war against America
The American Wall Street Journal reported that the administration of US President Donald Trump is considering reducing customs tariffs on Chinese goods in a significant attempt to calm the trade war between the two largest economies in the world. 50% and 65%, which is much lower than the current percentage of 145% that was imposed in early April. The shares of companies that depend on Chinese imports, such as Apple and Tela, increased by 2% and 3%, according to Reuters. For customs definitions, similar to the proposal of the China Committee in the House of Representatives in December 2024.
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Under the plan, goods that do not pose a threat to American national security will undergo 35% customs tariffs, while goods of strategic importance such as semiconductors and military components may face 100% customs definitions or or or the military definitions of customs or consisting supports by 100% or More. For investors hosted by GB Morgan, Besent confirmed that the current level of customs duties & quot & quot; He expressed his confidence that the commercial conflict will calm down soon. The rare floor that is vital to the American defense industry.
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