Washington: US President Donald Trump’s steep tariff hike targeting Chinese goods, which took effect Thursday, brings Washington’s additional rate on many products to 145 percent, the White House confirms. Trump’s 90-day halt in fresh duties for dozens of countries has come into place, a White House order showed. But he has also doubled down by…
Washington: US President Donald Trump has signed a memo calling for curbs on Chinese investments in strategic sectors like technology and critical infrastructure, a move Beijing slammed on Saturday as “discriminatory.” The move, including an expanded role for a foreign investment review panel, comes at a time of growing trade tensions and strategic competition between…
Washington: US President Donald Trump and Chinese counterpart Xi Jinping are expected to speak by phone on Tuesday, just hours after slapping tariffs on each other’s economies in an escalating trade war. Beijing said it was imposing levies on imports of US energy, vehicles and equipment in a return salvo minutes after Trump’s threatened tariffs…
President Donald Trump held off unveiling China-specific tariffs on his first day on office, instead ordering his administration to address unfair trade practices globally and investigate whether Beijing had complied with a deal signed during his first term. US President Donald Trump during a signing ceremony in the President’s Room during the 60th presidential inauguration…