The latest US salvo against China has escalated the threat of a trade war between the world’s two largest economies. China has responded by announcing countermeasures affecting up to $60 billion worth of US exports. The United States has announced fresh tariffs on $200 billion (€171 billion) worth of Chinese goods, spooking markets worried about […]
U.S. Offer of New China Trade Talks Should Be Taken Seriously…
The U.S. decision this week to invite Chinese trade negotiators back for another round of talks could prove to be just another failed effort on the road to an escalating trade war. But more likely, it will instead be the start of a months-long — indeed perhaps years-long — effort to find a new accommodation […]
Trump: Doubling of China Trade Tariffs ‘Ready to Go’…
President Trump said Friday that he has another $267 billion in tariffs ready to slap on China, calling his testy relationship with that nation “a far bigger problem” than dealing with Russia right now. The president, speaking to reporters aboard Air Force Once, said he’s in the middle of reshaping America’s trade policy on a […]
Trump Prepares Tariffs on Another $267B of Chinese Goods…
President Trump is preparing additional tariffs on $267 billion worth of Chinese imports, a move that will inflame fears that his dispute with Chinese leadership will devolve into a trade war. Trump said aboard Air Force One Friday that he is ready to dramatically ramp up the China tariffs. “There is another $267 billion ready […]
Trade War Escalates As U.S., China Slap Each Other With Fresh $16 BN in Tariffs…
Just after midnight on Thursday EDT, the United States and China escalated their acrimonious trade war implementing punitive 25% tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. China’s Commerce Ministry said Washington was “remaining obstinate” by implementing the latest tariffs, which kicked-in on […]
EU Steels Itself with New Tariffs Aimed at Protected Domestic Industry…
The European Union has announced that it will impose tariffs on steel imports into the bloc as part of its response to the US imposition of tariffs on steel and aluminum products. The measures are not just retaliatory, but a way to help shield the EU’s market from a glut of steel heading to the […]
China Files WTO Challenge to U.S. $200B Tariff Plan…
China announced it filed a World Trade Organization challenge Monday to President Donald Trump’s latest tariff threat, stepping up its diplomatic efforts to counter U.S. pressure in a spiraling technology dispute. The Trump administration has criticized the WTO as unable to deal with the problems posed by China, suggesting a challenge there might have little […]
EU Threatens $300 Billion Retaliation If U.S. Moves Ahead With Auto Tariffs…
More than a week after President Trump threatened to slap a 20% tariff on auto imports from the European Union, Brussels has issued a written warning to the US Department of Commerce with a threat of its own: If the Trump administration moves ahead with the auto tariffs, the bureaucrats in Brussels won’t hesitate to […]
Trump Announces Tariffs on $50B in Chinese Goods…
President Trump on Friday announced that the United States would impose tariffs on $50 billion in Chinese products, making good on a threat that has been months in the making. The White House’s move is expected to ramp up trade tensions with Beijing and possibly risk a key cooperative partnership to help denuclearize the Korean […]
A Listing of U.S. Imports from China Causing a Huge Trade Deficit…
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