President Donald Trump announced that the United States will impose a 10 percent duty on an additional $200 billion of Chinese imports as of next week, quickly escalating a trade war that has hit broad swaths of the global economy. Read Here – Politico Also Read: U.S. China Trade War: Analysis of Latest Developments
Never before has China’s fast-growing middle class confronted such daunting economic challenges, which mainly stem from domestic causes but have expanded to include escalating tensions with the United States. As a result, the members of this crucial group have developed an acute sense of anxiety. Read Here – Foreign Affairs
China’s chances of escaping the trade conflict with the US with only minor damage to its economy just got slimmer. On Friday, US President Donald Trump doubled down on his threats to impose higher tariffs on the nation’s goods, saying he’s ready to tax all imports “at short notice”. Read Here – South China Morning […]
President Donald Trump wants to move ahead with a plan to impose tariffs on $200 billion in Chinese imports as soon as a public-comment period concludes next week, according to six people familiar with the matter. Read Here – Bloomberg
US companies in China are bracing for more retaliatory pain from Beijing as the trade row between the two countries shows no sign of abating. Observers said some American firms had reported higher costs and much greater regulatory scrutiny, and feared a major drop-off in business from rising nationalism. The fallout follows a decision by Washington […]
Thanks to US President Donald Trump and his “America first” policy, the global economic and trade outlook perhaps has never been so uncertain. Nowhere are these economic and policy shock waves being felt more than in China. And, Beijing is responding the same way it does every time it anticipates trouble – by pumping cash into its […]
After three rounds of failed talks, a trade war between the world’s two largest economies is on. On Friday, China’s Foreign Ministry spokesman said China had imposed countermeasures after America’s tariffs came into force. Lu Kang, said China’s tit-for-tat measures “had taken effect immediately after the implementation of the US tariffs”. Lu was speaking after Washington’s […]
Increased trade tensions have raised the risk that new measures may be taken that would have a much greater impact on global economic growth than those enacted so far. The US investigation into auto tariffs, possible additional US tariffs on Chinese imports, and the likely reactions of other countries and blocs, point to a potential […]
The Trump administration moved the U.S. to the edge of a trade war with China by announcing tariffs on $50 billion in Chinese imports and pledging additional investment restrictions, which Beijing immediately vowed to retaliate against. The response from China signaled a rapid escalation of the dispute. China will impose tariffs with “equal scale, equal intensity” on […]
Beijing underscored its determination to protect its interests after Washington demanded a US$100 billion cut in China’s trade surplus with the United States. Chinese foreign ministry spokesman Lu Kang said that the two countries should resolve their disputes through talks, since a trade war would not benefit either country. China would protect its legitimate rights […]
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