President Donald Trump told reporters in the Oval Office, “we’re going to get along great with China,” and said that he hopes the U.S. and China can reach a new trade agreement. President Donald Trump told reporters in the Oval Office, “we’re going to get along great with China,” and said that he hopes the…
TOPEKA, Kan. (AP) — State lawmakers across the U.S. have introduced at least 240 anti-China proposals this year, aiming to ensure public funds don’t buy Chinese technology or even T-shirts, coffee mugs and key chains for tourists. They’re also targeting sister-city relationships between American and Chinese communities. After years celebrating trade ties with China, states…
HONG KONG (AP) — China will sanction United States officials, lawmakers and leaders of non-governmental organizations who it says have “performed poorly” on Hong Kong issues, the foreign ministry announced. The U.S. in March sanctioned six Chinese and Hong Kong officials who it alleged were involved in “transnational repression” and acts threatening to further erode…
BEIJING (AP) — China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the U.S. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the U.S. The world’s two largest economies have…
When the first two rounds of 10% tariffs hit, Zou Guoqing, a Chinese exporter, groaned but didn’t find the barriers insurmountable. He gave up some of his profits and offered his client, a snow-bike factory in Nebraska, price cuts ranging from 5% to 10%. It seemed to work: The factory agreed to a new order…
WASHINGTON (AP) — Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational toy company from President Donald Trump’s massive new taxes on Chinese imports. “When he announced a 20% tariff, I made a plan to survive 40%, and I thought I was being very clever,” said Woldenberg, CEO…
YIWU, China (AP) — The trade war between the world’s two largest economies is escalating as China on Friday slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products. Caught in the crosshairs are businesses that are part of the more than $582.4 billion trade between the…
BEIJING (AP) — China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown. While U.S. President Donald Trump paused import taxes this week for…
WASHINGTON (AP) — As President Donald Trump tries to turn his global trade war into a one-on-one showdown with China, he is finding that he has alienated some key U.S. partners who could boost America’s position in a fight between the world’s largest and second-largest economies. For more than a decade, American leaders, including Trump,…
TAIPEI, Taiwan (AP) — China is reaching out to other nations as the U.S. layers on more tariffs in what appears to be an attempt to form a united front to compel Washington to retreat. Days into the effort, it’s meeting only partial success with many countries unwilling to ally with the main target of…