Why is Rite Aid closing stores in the Northwest?
How will the US-China tariff truce impact markets?
What caused Nissan’s global layoffs of 20,000 jobs?
Why is Tesla under federal investigation for robotaxis?
How does Fox One change the streaming market?
What are the effects of House GOP scrapping EV tax credits?
Why did Bitcoin drop after US-China trade talks?
How will Trump’s drug pricing order affect pharma stocks?
What’s behind Samsung’s Galaxy S25 Edge launch surprise?
Trump’s Major Tariff Flip-Flops As Administration Rolls Back China Tariffs
forbes.com/sites/alisondurkee/2025/05/12/trump-offers-automakers-tariff-reprieve-latest-big-tariff-flip-flop-since-liberation-day
Topline
Treasury Secretary Scott Bessent announced Monday the U.S. will roll back its tariffs on Chinese goods to 30% for 90 days as the Trump administration negotiates with Beijing—the latest backtracking the White House has done on its sweeping tariffs, as the White House has frequently…
This story appeared on forbes.com, 2025-05-12 22:35:41.023000.