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US signals willingness to de-escalate trade war with China

Soybean futures jump on hopes of lower trade barriers

Reading Time: 2 minutes U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump's administration signaled openness to de-escalating a trade war between the world's two largest economies that has raised fears of recession.












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Trump’s trade chief nominee Greer says universal tariff needs more study

Countries must lower trade barriers to enjoy U.S. market access

Reading Time: 3 minutes Jamieson Greer, President Donald Trump’s nominee for U.S. trade representative, said on Thursday that a universal tariff needs further study to gauge its impact on rising U.S. trade deficits, and put countries on notice they must lower import barriers to maintain access to the U.S. market.