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U.S. and China reach deal to temporarily slash tariffs
12 May 2025 16:14 GMT
Geneva | Reuters — The United States and China reached a better-than-expected deal to temporarily slash tariffs, sending stocks and the U.S. dollar sharply higher, as the world’s two biggest economies seek to end a damaging trade war that has stoked fears …
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US and China agree to cut tariffs for 90 days after Geneva talks
12 May 2025 13:34 GMT
The United States and China have reached an agreement to significantly reduce tariffs on each other's goods for an initial period of 90 days. This development follows extensive trade negotiations in Geneva, Switzerland, involving officials from both …
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Oil Prices Jump on US-China Tariff Reduction
12 May 2025 14:06 GMT
Karim Bastati
DTN Analyst
VIENNA (DTN) -- Oil futures rallied Monday morning after the U.S. and China agreed to temporarily slash tariffs on mutual goods trade. Over the next 90 days, the U.S. will tax imports from China by 30%, and China will tariff …
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South Africa: Charting new territory in the tariff and trade landscape
12 May 2025 13:11 GMT
… protectionist stance has reverberated around the globe, prompting retaliatory tariffs … s welfare, particularly for agricultural exports.
… diversification: High tariffs and trade barriers in key markets … By embracing digital customs processes, strengthening …
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U.S. & China Agree to Lower Tariffs for 90 Days
12 May 2025 13:18 GMT
… in 2016, according to Chinese customs data.”
Overall, Chu reported … agricultural exports to China have declined since 2018 after Beijing slapped tariffs … Trump.”
In addition, Farm Policy News reported in … U.S. tariffs.
Some Non-Tariff Barriers Also Paused …
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PJTAU and Western Sydney University to start joint agriculture courses
12 May 2025 14:47 GMT
… Professor Jayashankar Telangana State Agricultural University (PJTAU) is … both regular and special quotas, and fees are being … including for the NRI quota, within the week.
Professor … opens exciting doors for agriculture students in Telangana, combining …
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How is Trump's trade war affecting Virginia's farm & forestry industries?
12 May 2025 16:08 GMT
Agriculture and forest industries provide more … and beef are exempt from tariffs with Canada and Mexico.
… Association.
TERRY LASHER: The proposed tariffs, we expect would have some … regardless of the tariffs, but he thinks that tariffs will probably cause …
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S&P 500 jumps to over two-month high after US-China tariff truce
12 May 2025 16:04 GMT
… -China agreement to slash tariffs put investors worldwide at ease … Donald Trump’s April 2 tariff announcements, dubbed “Liberation Day”, … level last observed before the tariff turmoil in April.
All … equipment maker Cisco and farm equipment maker Deere are among …
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Tariff tracker, May 12: A welcome US-China reprieve and the promise of pharma price cuts
12 May 2025 13:01 GMT
… agreement to slash reciprocal tariffs.US Treasury Secretary Scott … 145% and Chinese counter-tariffs to 125% by early … as well as Chinese tariffs on US agricultural goods, retaliation for the … very high tariffs … was an equivalent of an embargo, and neither …
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Opinion – Trump’s tariffs: An opportunity or challenge for India
12 May 2025 13:42 GMT
… pharmaceuticals. Exempted from the tariff hike, India’s pharmaceutical … are subject to the tariffs, competitors like China and … maintain world-class quality.
Agriculture is another affected area, … US slapping even harsher tariffs on Chinese imports, American …