The statement comes in response to the imposition of tariffs by the United States on a record $7.5 billion worth of EU goods, after the WTO ruled that EU nations gave illegal state aid to Airbus. [...]
Chinese trade negotiators suddenly changed their plans on Friday, cancelling a visit to meet US farmers after they wrapped up trade talks in Washington this week. The Chinese delegation has changed its travel schedule heading back to China earlier than planned, according to Nicole Rolf, the Montana Farm Bureau Federation’s director of national affairs. [...]
The trade war between the world’s two largest economies entered a new phase on Sunday, as US tariffs targeting Chinese-made products and Beijing’s retaliatory hikes on American imports both kick in. [...]
It is alleged that the phone call, in which Chinese officials invited their US counterparts to resume trade talks, didn’t happen the way Donald Trump described it did. The POTUS has yet to comment on the speculation. [...]
The Dow Jones saw a steep drop of 700 points after a threat from Beijing to slap new tariffs on billions of dollars in American goods, and a harsh response from US President Donald Trump, but picked up before ending 621 down. [...]
US President Donald Trump has announced yet another major hike of existing and future tariffs on some $550 billion in Chinese goods, criticizing Beijing’s attempt to offset the losses as ‘unfair’ and ‘politically motivated.’ [...]
The International Monetary Fund (IMF) has warned trade war rivals, China and the US, that hiking tariffs only harms both domestic and global growth. The IMF also noted that manipulating exchange rates also doesn't work. [...]
US President Donald Trump is essentially buying votes with money from American taxpayers after his aggressive tariff policy on China boomeranged on US farmers, Professor Richard Wolff has told RT. To compensate for lost crop sales to China, the Trump administration announced aid for farmers, expected to total $28 billion. [...]
Beijing has blasted US President Donald Trump’s claims that China is a “currency manipulator,” and promised to halt the import of US agricultural goods after the White House announced plans to slap 10 percent tariffs on $300 billion of Chinese imports from September. [...]
The Trump administration is putting the US on a dangerous course by not assessing the long-term risks in the ongoing trade war with China, analysts told RT as tensions flare between the world's biggest economies. [...]
Earlier this month, a report by the Information Technology and Innovation Foundation issued a warning that a clampdown on US tech exports would put as much as $56 billion in export revenue and 74,000 jobs at risk over the next five years. [...]
The trade volume between Russia and China is expected to continue to accelerate and reach new heights, doubling the current record level of $108 billion, the Russian economy ministry says. [...]
The president earlier threatened to slap tariffs on the remaining $300 billion in Chinese goods coming into the United States unless Chinese President Xi Jinping agreed to meet with him at the G20 meeting in Osaka, Japan to hammer out a trade deal favourable to Washington. [...]
The worsening trade conflict between the world’s two largest economies, the United States and China, could send the global economy into recession within three fiscal quarters, research by investment bank Morgan Stanley has found. [...]
The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state media reports. [...]
China’s tariffs targeting $60 billion of American imports have taken effect as part of a tit-for-tat response to Washington’s trade war which saw Beijing slapped with extra levies on $200 billion worth of exports back in May. [...]
US Secretary of State Mike Pompeo doubled down on vilification of Сhinese telecoms giant Huawei as “an instrument of government” suggesting that the company was a national security threat by acting as an agent for Beijing. [...]
China's Foreign Minister Wang Yi said that Beijing will take all necessary measures to defend the rights and interests of Chinese companies. Sputnik talked about Huawei’s lawsuit against the US government with Andrew Leung, an independent China strategist based in Hong Kong. [...]
A growing number of former Apple devotees in China have started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing. The South China Morning Post reported that consumers were spurred by a rising “nationalist sentiment” to support the Chinese tech giant which has been blacklisted by the US. [...]
As Wall Street reels from the shock of a trade war exploding to new heights in the form of tariffs and counter tariffs, there’s another reality that is setting in — that China seems happy to walk away from trade talks. [...]
The lull in the US-China trade war amid new flaring tensions over the arrest of Huawei finance chief can only backfire at Washington as Beijing holds a trump card, veteran stockbroker Peter Schiff has warned. [...]
After US President Donald Trump said on Sunday that the US will hike tariffs on goods imported from China, Wall Street will start the week with a sharp selloff, as investor optimism about the possible conclusion of a trade deal with China in the near future has faded. [...]