US President Donald Trump and China’s President Xi Jinping at a working dinner in Buenos Aires in December. Mr Trump recently accused Beijing of backtracking on commitments for a proposed trade deal, which Beijing denies.
A factory in Anhui, China, producing American flags, could end up with lots of stock it can’t sell if it gets hit by US tariffs.Students in a global warming protest.
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China cancels US pork import order as US-China trade war drags onCHICAGO (REUTERS) - The same week US President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tonnes of US pork - the biggest cancellation in more than a year, according to US Department of Agriculture data released on Thursday (May 16).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China to raise tariffs on US$60b worth of US goods from June 1[WASHINGTON] China says it will raise tariffs on $60 billion worth of U.S. goods from June 1, Bloomberg News reports. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China to impose tariffs on US$60 billion of US goodsHONG KONG (REUTERS) - China plans to impose tariffs on US$60 billion (S$82 billion) worth of US goods, the finance ministry said on Monday (May 13), after the United States escalated a bitter trade war with a tariff hike on US$200 billion of Chinese products.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US recession risk rises as US-China trade tensions heat up: Reuters pollOver the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says US farmers to get US$15 bln in aid amid China trade warWASHINGTON (REUTERS) - President Donald Trump said on Monday (May 13) that his administration was planning to provide about US$15 billion (S$20.5 billion) in aid to help US farmers whose products may be targeted with tariffs by China amid a deepening trade war.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Is US-China trade war starting to erode US dollar dominance?The contemplation by Asian finance leaders to add the Chinese and Japanese currencies to a regional foreign reserves buffer fund is the latest sign that the trade war is causing countries to slowly move away from dependence on the US dollar. The 10 members of the Association of Southeast Asian Nations
Source: YahooSG - 🏆 3. / 71 Read more »
China strikes back with higher tariffs on US$60b of US goodsCHINA said on Monday that it would impose higher tariffs on a range of US goods, striking back in its trade war with Washington shortly after US President Donald Trump warned it not to retaliate. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US-China trade fight unfolds as deeper conflict takes shape between two super-powersWASHINGTON (BLOOMBERG) - As the US-China trade fight deepens, the two superpowers - one incumbent and one rising - are sizing each other up and deciding whether they can coexist.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China defiant toward US on trade as Trump defends tariffsWASHINGTON/BEIJING (REUTERS) - The United States and China appeared at a deadlock over trade negotiations on Sunday (May 12) as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any 'bitter fruit' that harmed its interests.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Asian stocks, yuan fall as US-China seen deadlocked in trade talksSYDNEY: U.S. stock futures fell and Asian shares slipped on Monday on growing uncertainty over whether the United States and China will be able to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says the U.S. is 'right where we want to be with China'President Donald Trump said on Sunday that the United States is 'right where we want to be with China,' adding that Beijing 'broke the deal with us' and then sought to renegotiate. 'We will be taking in Tens of Billions of Dollars in Tariffs from China. Buyers of product can
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