• Trump and China confirm agreement on ‘phase one’ trade deal

    President Donald Trump says he’s agreed to a “Phase One” deal with China that includes “many structural changes and massive purchases of Agricultural Product, Energy, and Manufactured Goods, plus much more” — effectively calling a truce in a war that has roiled financial markets and the US and Chinese economies. On Twitter, Trump said some tariffs […]

  • US tariffs will make Scotch whisky and French wine more expensive for Americans

    Americans will soon pay more for Scotch and Irish whiskies, Parmesan cheese and French wine after the Trump administration said it would impose tariffs on $7.5 billion worth of European goods. The United States had also threatened to target pasta and leather handbags in a long-running dispute with the European Union over aircraft subsidies. Those have been spared, however. […]

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