Despite the announcement of removing non-tariff countermeasures targeting the U.S., China appears to be keeping its export controls on rare earths in place.
The tax bill includes Trump’s campaign promises such as no tax on tips and overtime. It also increases the state and local tax deduction cap to $30,000.
While the president suggested that exemptions from the 10 percent baseline are possible, he said only countries offering ‘exceptional’ terms may see relief.