Policy Update
China is deliberately holding off on re-engaging in formal trade negotiations.
GOP budget reconciliation plans remain in flux.
Legal battles over Trump’s tariffs could jolt markets.
Trump says ‘temporary pain is necessary to achieve greater economic health and independence.’
U.S. is seeking trade deals with other countries.
China says there are no tariff negotiations with Washington
White House nears tariff frameworks with Japan, India.
U.S. farmers starting to push back on Trump tariffs.
Trade tensions with China escalate as talks ongoing with others.
The USTR proposal is a departure from its initial iteration, which suggested charging fees of at least $1 million per ship each time it called at a U.S. port.