US businesses to be offered incentives to move supply chains from China
U.S. lawmakers and officials are crafting proposals to push American companies to move operations or key suppliers out of China that include tax breaks, new...
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China won’t weaken currency to boost exports, premier says
China will not engage in competitive currency devaluations, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one landed...
US – China trade war escalates as Trump hits China with fresh tariffs
U.S. President Donald Trump escalated his trade war with Beijing, imposing 10 percent tariffs on about $200 billion worth of imports in a move one...
US-China trade war escalates as new tariffs kick in (Update)
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 per cent tariffs on $16 billion worth of each other’s goods, even...
Trump’s trade ‘extortion’ won’t work, China state media says
Chinese state media on Monday lambasted U.S. President Donald Trump’s trade policies in an unusually personal attack, and sought to reassure investors worried about China’s...
Trump administration adds to China trade pressure with higher tariff plan
U.S. President Donald Trump sought to ratchet up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth...
Trump threatens tariffs on all $500bn of Chinese imports
President Donald Trump said he was ready to impose tariffs on all $500bn of goods the US imports from China, remarks that sent financial markets...
Merkel ready to back lower EU tariffs on US cars
German Chancellor Angela Merkel said on Thursday she would back a lowering of EU tariffs on US car imports, responding to an offer from Washington...
US ‘opening fire’ on world with tariff threats
By Elias Glenn and Christian Shepherd The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying...
EU countries set for vote on steel import curbs on Thursday
European Union countries will discuss and likely vote on Thursday on measures proposed by the European Commission to curb steel imports into the bloc, EU...
Japan, Russia, Turkey bring potential US tariff retaliation to $3.5bn
Japan, Russia and Turkey have warned the United States about potential retaliation for its tariffs on steel and aluminium, the World Trade Organization said on...
Trump threatens $100 bln more in tariffs, China to retaliate
President Donald Trump on Thursday directed U.S. trade officials to identify tariffs on $100 billion more Chinese imports, upping the ante in an already high-stakes...
US trade deficit rises to near 9-1/2-year high in February
The US trade deficit increased to a near 9-1/2-year high in February, with both imports and exports rising to record highs in a sign of...
China retaliates for U.S. tariffs, slaps duties on key U.S. imports
China hit back on Wednesday at the Trump administration’s plan to slap tariffs on $50 billion in Chinese goods, retaliating with a list of similar...
China imposes additional tariffs in response to U.S. duties
China has slapped extra tariffs of up to 25 percent on 128 U.S. products including frozen pork, as well as on wine and certain fruits...
China warns U.S. not to open Pandora’s Box
China warned the United States on Thursday not to open Pandora’s Box and spark a flurry of protectionist practices across the globe, even as Beijing...
China urges US away from ‘brink’ as Trump picks trade weapons
China urged the United States on Friday to “pull back from the brink” as President Donald Trump‘s plans for tariffs on up to $60bn in Chinese goods...
EU leaders receive positive news on Trump tariffs
European Union leaders gave a cautious welcome on Thursday to news that US President Donald Trump had decided not to apply tariffs to European steel and...
Trump sets China tariff plan, edges away from global trade war
US President Donald Trump signed a presidential memorandum on Thursday that could impose tariffs on up to $60 billion of imports from China, although his action was...
China to respond to US tariffs, resist protectionism
China is preparing a range of responses to planned U.S. tariffs and will stand up to protectionism, but still hopes for dialogue, Beijing’s ambassador to the...
