A new 90-day trade deal between the U.S. and China has significantly lowered tariffs on both sides, leading to a rush among importers to bring in goods. Despite the reduction of tariffs, there are concerns about limited shipping capacities and increased costs, as businesses scramble to take advantage of the deal's temporary nature. At the same time, President Trump's trip to Saudi Arabia aims to solidify business relationships and economic ties, showcasing the transactional nature of his foreign policy during his second term.
As part of a 90-day trade deal, the U.S. lowered tariffs on Chinese imports significantly, while concerns about shipping capacity and costs emerged among importers.
President Trump's first overseas state visit of his second term to Saudi Arabia aims at cementing business ties, showcasing his transactional approach to foreign relations.
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