Trade Talks Between US and China

Recent Developments

Talks between delegations from Beijing and Washington have concluded after two days without an expansion of the tariff championship, which had expired on August 12th.

Outcome of the Talks

The US Finance Minister reported that discussions were held, but Donald Trump still needs to be informed about the details of the talks.

Global Economic Impact

The international monetary fund has revised its global growth outlook due to the return of Trump’s tariff policy.

Industry Exemptions

The textile industry from Lesotho remains exempt from the tariff period, which was set to begin on August 1st.