Trump's tariff blitz yields deals but misses global trade fix:
Diplomats with the European Union are still waiting for in-depth negotiations to begin ...
reuters.com/world/china/trumps-tariff-blitz-yields-deals-misses-global-trade-fix-2025-05-13/
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Key FactsTrump's Tariff Strategy: Achievements and Challenges
May 13 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The U.S.-China tariff truce has initially boosted global stock prices but fails to address longstanding concerns about China's economic model.
- The Trump administration faces challenges in conducting complex negotiations with China and other countries within a tight timeframe.
- Experts doubt substantial agreements with China can be reached in the next 90 days, while compliance with past commitments remains questionable.
- Long-term solutions are essential to resolve deep trade differences between the U.S. and China, but time is limited and uncertainty persists.
What we really need is more consistency. U.S. companies need to be able to plan instead of scramble to reroute supply chains, which can be difficult to do quickly. And American families are quite spooked by the impact these and other tariffs are going to have on their pocketbook.— Miriam Sapiro, a nonresident fellow at the Center for Strategic and International Studies and former acting USTR chief under then-President Barack Obama.
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