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UPDATED 7:00 P.M. EST As of Monday afternoon, Feb. 3, discussions between President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum have resulted in a one-month delay in implementing tariffs on those countries. President Trump also said tariffs on Chinese imports will increase unless the nations come to an agreement. Press reports indicate that President Trump and Chinese President Xi Jinping will meet within the next 24 hours.
Today, following the completion of the Section 301 review by the Office of the U.S. Trade Representative (USTR), President Joe Biden announced a series of tariff hikes on a wide range of Chinese goods, including semiconductors, batteries, solar cells and critical minerals. Overall, the new duties will target about $18 billion worth of goods.
The 28th iteration of the Conference of Parties (COP28) under the United Nations Framework Convention on Climate Change will take place in Dubai, United Arab Emirates, from Nov. 30–Dec. 12, 2023. The meeting brings together delegations from around the world to discuss global environmental issues and provide coordination on climate change initiatives.
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