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Tag: World Trade Organization
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%.
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.