Tag Archives: Reuters

The U.S. and Japan are set to announce a deal that would cut tariffs on steel. Under the agreement, a limited amount of Japanese steel will be allowed for import without the 25% levy imposed by President Trump in 2018. If Japan goes over that amount, the tariff would return. Japan is one of the top 10 sources of steel to the ...

Reuters reports that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will be in Beijing on Tuesday “to try to hammer out details to end” the year-long U.S.-China “trade war, including the shape of an enforcement mechanism, the success or failure of which could set the trajectory of ties for years to come.” According to Reuters, “Both sides ...