US Tariff

US Tariff on China: Beijing Suspends 24% Duties but Keeps 10% Levy in Place

On 5 November 2025, China announced it would suspend a 24 % tariff rate on U.S. goods for one year but keep a 10 % levy in place. This step signals a shift in the tense trade relationship between the world’s two largest economies. At the same time, Beijing lifted certain duties on U.S. agricultural…

EU Willing to Accept 10% US Tariff, With Conditions: Handelsblatt

EU Willing to Accept 10% US Tariff, With Conditions: Handelsblatt

High-Stakes Trade Negotiations  The European Union, aiming to de-escalate looming trade tensions, has signalled its readiness to accept a flat 10% US tariff on its exports, provided specific conditions are met, according to Handelsblatt. This gesture is intended as a strategic buffer to prevent higher levies, particularly on sensitive sectors like automotive, pharmaceuticals, and electronics….