The Trump administration on Friday said it was soliciting public comments on lifting additional tariffs on Chinese imports that could help the United States battle the coronavirus pandemic, showing some flexibility in its trade war against Beijing. The U.S. Trade Representative’s (USTR) office said it would allow
The rivalry between the U.S. and China is playing out in India, where American President Donald Trump will be wrapping up his state visit to the South Asian country. Experts said that Trump’s first state visit to India signifies the growing strength of the relations between Washington and New Delhi, amid China’s
The ongoing coronavirus outbreak is speeding up the so-called “decoupling” between the U.S. and China more than their trade war did, according to an analyst from the Milken Institute. “We talked about China and the U.S. decoupling. The coronavirus more
China on Thursday announced that it will halve tariffs on hundreds of U.S. goods worth about $75 billion. Retaliatory tariffs on some U.S. goods will be cut from 10% to 5%, and from 5% to 2.5% on others, according to a
There’s a 50% chance the U.S.-China “phase one” trade deal could survive its first year — but that probability falls to 25% in the second year, a business consultant said on Monday. Richard Martin, managing director at management consulting firm
WASHINGTON, Jan. 15 (Xinhua) — China and the United States formally signed their phase-one economic and trade agreement here on Wednesday, with Chinese Vice Premier Liu He and U.S. President Donald Trump inking the papers in the White House.
China could face difficulties fulfilling its commitment in the so-called phase one trade deal with the U.S., allowing President Donald Trump to once again raise tariffs on Chinese goods, a trade expert warned on Wednesday. That’s especially the case when the deal — expected to be signed
China’s trade surplus with the United States narrowed last year as the world’s two biggest economies exchanged punitive tariffs in a bruising trade war, data showed Tuesday, just as the two prepare to sign a deal dialling down tensions. The
The United States removed China from a list of countries considered currency manipulators just two days before top trade negotiators for Washington and Beijing sign a key “phase one” trade deal, the Treasury Department announced Monday. The decision to strike
NEW YORK, January 13. /TASS/. US officials are consulting with Chinese colleagues to cut off oil supplies from Iran to China, US Treasury Secretary Stephen Mnuchin told Fox News. He noted that through sanctions Washington has now managed to “cut