Posts with tag: economy
Oil prices slide on Trump executive orders, trade war fears
Published on: January 21, 2025, 09:01 PM UTC
President Trump directed federal agencies to assess the progress of China under the Phase 1 trade agreement signed in 2020, aiming to increase US exports by $200 billion. The deal included: China's commitment to purchase US goods and services, stronger IP protections, limitations on technology transfer pressure, currency agreement prohibiting competitive devaluations, and data transparency on exchange rates.
Published on: January 21, 2025, 04:00 AM UTC