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Tag: Trump trade policy
U.S. and China Agree to 90-Day Tariff Pause: A Comprehensive Analysis of the Trade War Truce
On May 12, 2025, the United States and China announced a significant development in their ongoing trade relations: a 90-day Tariff pause in the escalating tariff war that had strained global markets and bilateral ties. This agreement, reached during talks in Geneva, entails a substantial reduction in tariffs, with the U.S. lowering duties on Chinese goods from 145% to 30%, and China reducing tariffs on U.S. imports from 125% to 10%.
Trump Signals Return to Protectionist Policy with Announcement of Major Trade Deal: Legal and Policy Implications of a Renewed Economic Nationalism
Former President Donald Trump announced on May 8, 2025, that he would be holding a press conference to reveal a "major" new trade deal, should he win the presidency again. Without specifying the country involved or any deal terms, the announcement has already catalyzed intense speculation across global markets, legal circles, and foreign policy communities. The declaration, while ambiguous in substance, suggests the likely continuation or expansion of Trump's "America First" trade philosophy that defined his administration from 2017 to 2021.
Tariffs, Sovereignty, and the Strain on U.S.-Canada Relations: A Comprehensive Analysis of the 2025 Trade Dispute
In May 2025, the geopolitical landscape of North America was significantly altered by a series of events that underscored the complexities of international trade, national sovereignty, and political rhetoric. The meeting between U.S. President Donald Trump and Canadian Prime Minister Mark Carney brought to the forefront issues that have been simmering beneath the surface of U.S.-Canada relations.
Trump’s Pharmaceutical Tariffs: Navigating the Legal, Economic, and Policy Implications
In April 2025, President Donald Trump announced plans to impose pharmaceutical tariffs, signaling a significant shift in U.S. trade and healthcare policy. This move aims to repatriate critical industry supply chains to the United States, leveraging national security concerns to justify trade measures without congressional approval. The proposed tariffs are expected to particularly affect pharmaceutical exporters from countries like Britain and Ireland, which collectively enjoy a substantial trade surplus with the U.S..