derstandard
Bipartisan Blockade of Trump Tariffs in US Senate Fails
The US Trade Representative announces trade agreements with US trading partners within weeks. In the trade dispute with China, there are signs of openness to talks.
2025-05-01 16:55:10
China
Trade Tensions and Diplomatic Moves Amid Tariff Challenges
Image used under license from Shutterstock.com
Recent developments highlight the ongoing trade tensions between the United States and China. The US Senate's bipartisan effort to undo Trump’s tariffs ended in a tie, reflecting the complexities of political support.
Despite private hesitations among some Republican senators, the White House's firm stance against dismantling tariffs remains evident. Concurrently, the US has reached out to China for discussions on these tariffs, with officials expressing hope for a resolution.
China, while publicly opposing the tariffs, has quietly exempted certain US products from retaliation. President Trump has indicated that trade agreements could materialize within weeks, although he insists that tariffs will not be lifted without concessions from China.
Meanwhile, China is strategically lifting sanctions on European members amidst this tariff war. As these negotiations unfold, the global trading landscape continues to evolve, with projections indicating an increase in US-China goods trade despite existing tensions.
Related news on that topic:
The press radar on this topic:
New York Times - Politics
Senate Rejects Bipartisan Measure to Undo Trump’s Tariffs
The Senate rejected a bipartisan measure to undo President Trump's tariffs, despite some Republican senators joining Democrats in support. The vote deadlocked at 49-49, failing to terminate the national emergency declaration used to impose the tariffs. While some Republicans expressed private concerns, they have been reluctant to publicly challenge the president's trade policy. The White House had threatened to veto the measure, and House Republican leaders moved to prevent a vote on the issue..
The Guardian
US has approached China seeking talks on Trump tariffs, says state social media
The US has initiated discussions with China regarding Donald Trump’s 145% tariffs, as reported by a social media account linked to Chinese state media. US Treasury Secretary Scott Bessent and economic adviser Kevin Hassett expressed optimism about easing trade tensions, emphasizing the need to de-escalate tariffs for negotiations to progress. Despite China's public condemnation of the tariffs, it has quietly created a list of US products exempt from retaliatory duties. Chinese officials maintain..
The Street
Trump gives a new deadline on trade deals
President Donald Trump said that trade deals are to be expected in the next 3-4 weeks.
The U.S. won't drop tariffs on China unless they give the U.S. something, he added. "What I’m doing is exactly what I’ve campaigned on," he added.
This is a developing story.
Welcome!
infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand