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Trump's Trade Deals: Minor Gains Amidst Ongoing Tensions

5/15/2025

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Story summary
  • President Trump’s latest trade deals with China and the U.K. have resulted in minor concessions, notably lower tariffs on U.K. steel and aluminum. However, analysts remain doubtful about their impact, citing persistent tensions and minimal progress with China. Meanwhile, the U.K. government reassures that these agreements won’t jeopardize its trade ties with China.
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