China, trade deal
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18hon MSN
China criticized the trade agreement reached between the U.S. and the U.K. last week as it could potentially push Chinese products out of British supply chains.
23hon MSN
China has criticised the UK-US trade deal in a potential blow to the Government's bid to revive relations with the country.
China reportedly criticised the deal, saying it could be used to squeeze its products out of Britain’s supply chains.
With just two months left on his 90-day tariff pause, Trump struck a deal with the UK. Other trade deals remain up in the air.
In pausing his big reciprocal tariffs on most nations last month, President Donald Trump said countries were clamoring to negotiate trade deals ... U.S. partners such as China, Mexico and Canada ...
President Donald Trump and his administration inked a major trade deal with the U.K. Thursday, and closed the week gearing up for trade talks with China over the weekend. Details of the specific trade plan with the U.
Britain's FTSE was 100 flat on Tuesday after a rally fuelled by a U.S.-China trade truce, while fresh data revealed a cooling UK labour market that could influence the Bank of England's future rate decisions.
The U.S. has a $12 billion trade surplus with the United Kingdom, meaning it already exports more than it imports. Meanwhile, the baseline 10% tariff Trump announced April 2 will remain in effect for most U.K. imports, which could lead to higher prices for consumers.