Key Insights
In May 2025, the U.S. and China agreed to reduce tariffs on each other's goods for 90 days, with the U.S. lowering tariffs from 145% to 30% and China from 125% to 10%. (cfr.org)
In May 2026, both nations agreed to extend the trade deal until November and began negotiations on tariff cuts worth over $30 billion, including reductions on non-sensitive industrial goods and farm products. (biz.chosun.com)
In August 2026, U.S. Trade Representative Jamieson Greer dismissed efforts to change China's export-heavy economic model as futile, emphasizing a focus on building a tariff wall against Chinese imports. (axios.com)
AI Analysis
The U.S.-China trade negotiations are expected to continue with a mix of cooperative agreements and contentious disputes. The focus will likely remain...
Market Outlook
Short-Term
The recent escalation in U.S.-Canada trade tensions, including the implementation of 50% tariffs, is likely to lead to increased costs for consumers and businesses, particularly in sectors heavily reliant on cross-border trade.
Long-Term
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