News

U.S. tariffs on China remain unchanged, says Lutnick

U.S. tariffs on China are set to remain unchanged, confirms Commerce Secretary Howard Lutnick amid ongoing trade negotiations.

Published

8 months ago

June 12, 2025

Ahron Young

U.S. tariffs on China are set to remain unchanged, confirms Commerce Secretary Howard Lutnick amid ongoing trade negotiations.

In Short:
U.S. tariffs on Chinese imports will stay the same despite ongoing trade talks, with Trump claiming a deal is near but still awaiting approval. Concerns persist over China’s planned temporary licenses for U.S. imports and the impact on supply chains.

Commerce Secretary Howard Lutnick confirmed that U.S. tariffs on Chinese imports will remain unchanged, despite ongoing trade negotiations.

In a recent interview on CNBC, Lutnick stated that current tariff levels will not shift, aligning with President Donald Trump’s assertion of a total 55% tariff rate, which combines existing blanket tariffs and additional product-specific duties.

Trump declared that a deal with China is “done” but still pending final approval. He noted that China’s tariffs on U.S. goods remain at 10%, consistent since a prior agreement to ease duties.

Specifics unresolved

Recent trade talks in London aimed to establish a truce after a preliminary agreement in Geneva, though specifics remain unresolved. Lutnick mentioned that there was a noticeable delay from China regarding rare earth exports, prompting actions from the U.S., including visa restrictions on Chinese students.

Following Trump’s direct communication with Chinese President Xi Jinping, immediate approval for U.S. magnets and rare earths was anticipated. However, concerns linger regarding the temporary six-month licenses China plans to issue for U.S. imports, creating potential instability.

The White House has yet to provide further clarification on the details of the agreement reached during the London discussions. As the trade relationship evolves, uncertainties about supply chain impacts remain a topic of interest.

News

Ukraine and Russia set for U.S.-brokered peace talks in Abu Dhabi

Published

9 hours ago

February 2, 2026

Harvey Vargas

Ukrainian President Volodymyr Zelenskyy has confirmed that new peace talks with Russia will take place in Abu Dhabi later this week. The discussions are part of U.S.-led efforts to find a path toward ending the ongoing war.

Zelenskyy emphasised that Ukraine is prepared for meaningful dialogue aimed at achieving peace. The announcement comes after weeks of uncertainty over the timing of the meeting.

U.S. special envoy Steve Witkoff described prior discussions with Russian officials as productive, though major disagreements over territorial issues remain unresolved.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

News

Tensions rise as Iran threatens conflict and U.S. increases naval forces

Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.

Published

10 hours ago

February 2, 2026

Harvey Vargas

Iran warns of regional conflict, labels European armies terrorists; U.S. boosts naval presence as both sides consider negotiations.

Iran has warned of a potential regional conflict if the U.S. launches an attack, while labelling European armies as terrorists. Supreme Leader Ayatollah Ali Khamenei insisted that threats from President Trump will not intimidate the Iranian people.

The U.S. has ramped up its naval presence in the Middle East in response to mounting threats, amid speculation over Iran’s next moves. Iranian officials have denied claims of imminent naval exercises in the Strait of Hormuz, adding to global uncertainty.

#MiddleEastCrisis #IranUS #Geopolitics #NavalTensions #Trump #AyatollahKhamenei #EuropeanUnion #GlobalConflict

News

Carlos Alcaraz becomes youngest man to complete career Grand Slam

Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.

Published

10 hours ago

February 2, 2026

Harvey Vargas

Carlos Alcaraz, at 22, stuns tennis by winning the Australian Open, defeating Djokovic, and celebrating with a kangaroo tattoo.

Carlos Alcaraz has stunned the tennis world by winning the Australian Open, becoming the youngest man to complete a Career Grand Slam at just 22 years old.

The world number one beat Novak Djokovic in a thrilling four-set match, finishing 2-6, 6-2, 6-3, 7-5. Djokovic missed out on claiming his 25th Grand Slam title. To mark the milestone, Alcaraz revealed he plans to add a new tattoo of a kangaroo on his leg, joining his existing Eiffel Tower and Wimbledon strawberry tattoos.

#CarlosAlcaraz #AustralianOpen #GrandSlam #TennisHistory #NovakDjokovic #SportsNews #TennisTattoo #YoungChampion