China accuses the US officials of 'lying' to the public about the trade war: Report
5 years, 7 months ago

China accuses the US officials of 'lying' to the public about the trade war: Report

Firstpost  

China believes that US has fabricated lies to mislead Americans, and now they are inciting ideological opposition. China on Friday accused US officials of lying to the public about their trade war, as rising tensions between the world’s two largest economies kept financial markets in a state of unease. Washington has slapped higher tariffs on $200 billion in Chinese goods, prompting Beijing to retaliate, and effectively banned US firms from doing business with Huawei Technologies Co Ltd, the world’s largest telecom network gear maker. “Domestically in the United States there are more and more doubts about the trade war the US side has provoked with China, the market turmoil caused by the technology war and blocked industrial cooperation,” Chinese Foreign Ministry spokesman Lu Kang said. US officials “fabricate lies to try to mislead the American people, and now they are trying to incite ideological opposition,” he said, when asked about US Secretary of State Mike Pompeo’s recent criticism of Huawei.

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History of this topic

China's Xi warns 'no winners' in trade war with U.S.
4 weeks, 2 days ago

China's Xi warns 'no winners' in trade war with U.S.

Raw Story  

by Peter CATTERALL Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year. Former US president Donald Trump -- who returns to the White House next month -- unleashed a grueling trade war with China during his first …

China to respond to Trump's 'tariff war' with 'supply chain war'
1 month, 1 week ago

China to respond to Trump's 'tariff war' with 'supply chain war'

Firstpost  

China is expected to use its dominant position in supply chains to respond forcefully with a ‘supply chain war’ to ’tariff war’ that US President-elect Donald Trump is expected to wage on China US President-elect Donald Trump waves next to Chinese President Xi Jinping after attending a business event at the Great Hall of the People in Beijing on November …

No one will win a trade war: China after Trump threatens new tariffs on imports
1 month, 2 weeks ago

No one will win a trade war: China after Trump threatens new tariffs on imports

India Today  

Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after US President-elect Donald Trump threatened to slap an additional 10% tariff on all Chinese imports when he takes office on Jan. 20. "About the issue of US tariffs on China, China believes that China-US economic and trade cooperation is mutually …

Spill-over of Trump’s anti-China trade stance
Trending News
1 month, 2 weeks ago

Spill-over of Trump’s anti-China trade stance

Hindustan Times  

Trump’s trade war with China had a global impact, affecting and benefiting countries. US President Donald Trump The US-China trade conflict reflects the US’ protectionism from China’s inroads in its economy and the global economy, which it believes is detrimental to its local jobs, industries, industrial innovation, and national security. Thus, the tit-for-tat trade moves resulted in raising import tariffs …

Ripple effects of US policy on Chinese trade
1 month, 2 weeks ago

Ripple effects of US policy on Chinese trade

Hindustan Times  

The United States ’s firm stance on Chinese products has become a cornerstone of its economic strategy, transcending party lines and administrations. As the world’s two largest economies clash, the consequences ripple through global markets, affecting supply chains, trade relationships, and economic growth worldwide. This bipartisan approach reflects a broader recalibration of the US's economic relationship with China, aiming to …

Trump's 'economic war' with China would hammer these two swing states: CNBC
1 month, 3 weeks ago

Trump's 'economic war' with China would hammer these two swing states: CNBC

Raw Story  

If President-elect Donald Trump is serious about hitting all Chinese goods with tariffs of 60 percent or higher, experts warn it could lead to all-out economic warfare that would be particularly damaging to two key swing states that Trump flipped in 2024. CNBC reports that the U.S.-China Business Council, in conjunction with Oxford Economics, estimates that a large-scale "economic war" …

China coped with Trump’s first trade war. A second one will be tougher.
Trending News
1 month, 3 weeks ago

China coped with Trump’s first trade war. A second one will be tougher.

Live Mint  

SINGAPORE—The last thing Xi Jinping needs right now is another showdown with Donald Trump over trade. If the U.S. cuts back on some of the $430 billion in goods it imports from China each year, Chinese companies could try sending them to other countries, a strategy Beijing followed successfully after Trump first hit Chinese goods with tariffs in 2018. Some …

The Seismic Shift in the US Trade Agenda
6 months, 2 weeks ago

The Seismic Shift in the US Trade Agenda

The Diplomat  

The U.S. economic war against China has become entrenched still further as the Biden administration adds more tariffs to critical goods crossing its borders. While the White House has focused on highlighting China’s unfair trade practices of state subsidies and exporting overcapacity, the tariffs are ultimately designed to protect the nascent critical industries within the United States. While the White …

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says
9 months ago

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says

Associated Press  

GUANGZHOU, China — U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage. Yellen, who arrived later in Beijing after starting her five-day visit in one of China’s major industrial and export hubs, said the …

How Washington is bracing for Trump’s next trade war
11 months ago

How Washington is bracing for Trump’s next trade war

Politico  

The Republican presidential frontrunner is reportedly considering up to a 60 percent tariff on all imports from China and a 10 percent “universal” tariff on all other trading partners if he wins reelection in November. In a sign that even some of his own advisers don’t know what’s in Trump’s head, one former Trump trade official said the reported tariff …

US, China talk trade, supply chains as Biden weighs tariff cuts
2 years, 6 months ago

US, China talk trade, supply chains as Biden weighs tariff cuts

Al Jazeera  

United States Treasury Secretary Janet Yellen and Chinese Vice Premier Liu He discussed economic issues including international trade and supply chains, as the Biden administration considers lowering tariffs on Chinese goods to tame soaring inflation. In a virtual meeting with her Chinese counterpart on Tuesday, Yellen “frankly” raised concerns about China’s “unfair, non-market” economic policies and Russia’s war against Ukraine, …

China-US trade: Beijing urges Washington to remove tariffs
3 years, 10 months ago

China-US trade: Beijing urges Washington to remove tariffs

Al Jazeera  

Senior Chinese diplomat Wang Yi has called on the administration of United States President Joe Biden to work with Beijing to reopen dialogue between the two countries and to remove tariffs and sanctions, steps that would go towards restoring a bilateral relationship damaged under the presidency of Donald Trump. Wang, a Chinese state councillor and foreign minister, said the Trump …

US-China trade war cost up to 245,000 jobs: Study
3 years, 11 months ago

US-China trade war cost up to 245,000 jobs: Study

Al Jazeera  

The United States-China trade war was launched by Trump on the premise of shielding US jobs, but a study published on Thursday found it actually cost the US up to 245,000 jobs. United States President Donald Trump’s trade war with China has caused a peak loss of 245,000 US jobs, but a gradual scaling back of tariffs on both sides …

Fraying US-China relations tested by Donald Trump ahead of presidential election
4 years, 4 months ago

Fraying US-China relations tested by Donald Trump ahead of presidential election

Live Mint  

The almost daily drumbeat of tensions between the U.S. and China shows little sign of letting up, while touching on everything from the coronavirus to trade to defense issues to monetary policy. Against that background, it’s unclear how heated things may get between now and November, while the provocations mount: The Trump administration on Friday approved the sale of F-16 …

Trade, technology and security at risk in US-China feud
4 years, 5 months ago

Trade, technology and security at risk in US-China feud

Associated Press  

BEIJING — They have the largest economies in the world. The United States is China’s biggest single-country export market, even after President Donald Trump imposed punitive tariffs on Chinese goods. 3 market for American exporters, as well as a huge market for goods and services produced in China by U.S. companies ranging from General Motors Co. to Burger King. In …

A ‘new Cold War’?: How the US-China trade dispute is deepening
4 years, 6 months ago

A ‘new Cold War’?: How the US-China trade dispute is deepening

Al Jazeera  

More industries are being penalised as bipartisan anti-China sentiment rises before the November polls in the US. “There are many industries where U.S. companies have made long-term bets on China’s future because the market is so promising and so big,” said Myron Brilliant, the U.S. Chamber of Commerce’s head of international affairs. “But China is a punching bag that can …

US-China trade war is the last thing the world economy needs now
4 years, 7 months ago

US-China trade war is the last thing the world economy needs now

CNN  

Hong Kong CNN Business — Mutual blame over the coronavirus pandemic has reignited tensions between the United States and China, threatening to break what was already a fragile truce on trade between the world’s biggest economies. “The threat of higher tariffs and the intensifying technology cold war could yet disrupt technology trade and investment, de-powering what still promises to be …

'We built China': Trump claims country 'took advantage' of US in false claims about tariffs
4 years, 8 months ago

'We built China': Trump claims country 'took advantage' of US in false claims about tariffs

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy After falsely claiming the US had a $500 billion a …

U.S.-China Trade Deal Implications
4 years, 11 months ago

U.S.-China Trade Deal Implications

NPR  

U.S.-China Trade Deal Implications MICHEL MARTIN, HOST: We're going to spend some time now talking about the trade deal President Trump signed with China earlier this week. The Phase 1 deal is a partial cease-fire in the long trade war between the world's two largest economies. LOVELY: Oh, there's been no doubt that the trade war has impacted farmers. The …

Emphasis on US exports, trade secrets in China trade deal
4 years, 11 months ago

Emphasis on US exports, trade secrets in China trade deal

Associated Press  

WASHINGTON — The United States and China reached a trade deal Wednesday that eases tensions between the world’s two biggest economies, offers massive export opportunities for U.S. farms and factories, and promises to do more to protect American trade secrets. Chinese leader Xi Jinping said in a letter to Trump that the first-phase deal was “good for China, for the …

The U.S.-China War Over Trade and Tariffs, Explained
4 years, 11 months ago

The U.S.-China War Over Trade and Tariffs, Explained

Bloomberg  

What started in 2018 with U.S. levies on imported washing machines and solar panels to protect domestic producers escalated into a cycle of tariffs, talks, threats and truces that rocked financial markets. Behind all the sparring between the U.S. and China -- one an incumbent superpower, the other a rising one -- over tariff levels and targeted product lists are …

China trade deal: What it means for US farmers
4 years, 11 months ago

China trade deal: What it means for US farmers

CNN  

Washington CNN — China promised to buy billions of dollars more in agricultural products from US farmers as part of a “phase one” trade deal signed Wednesday – but the commitments don’t go much further than making up for what was lost during the trade war. American Farm Bureau President Zippy Duvall called the agreement an “important step” to getting …

US-China trade war backfires as domestic firms suffer
4 years, 11 months ago

US-China trade war backfires as domestic firms suffer

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Federal Reserve report finds Trump's tariffs raised prices, cut employment and hurt US manufacturers
5 years ago

Federal Reserve report finds Trump's tariffs raised prices, cut employment and hurt US manufacturers

Salon  

President Donald Trump’s trade war raised prices for consumers and hurt the manufacturing industry, according to a report from economists on the Federal Reserve Board. "The first comprehensive estimates" of the trade war’s effect on American manufacturers show that the tariffs have hurt the industry more than they helped, wrote Aaron Flaaen and Justin Pierce, two senior economists at the …

US-China trade deal negotiations hit another snag
5 years, 1 month ago

US-China trade deal negotiations hit another snag

CNN  

CNN Business — President Donald Trump was supposed to sign a partial trade deal with Chinese President Xi Jinping next week, but negotiations over the final text have reached a rough patch, according to people familiar with the matter. In the last several days, the two sides have found themselves at odds over the finer details of an agreement that …

US ’close to finalizing’ parts of trade deal with China: USTR
5 years, 2 months ago

US ’close to finalizing’ parts of trade deal with China: USTR

Live Mint  

Washington and Beijing are making "headway" on key issues in their ongoing trade dispute and discussions will continue, the US Trade Representative's office said Friday following a phone call between senior officials. President Donald Trump heralded a major win in his offensive against China two weeks ago, saying the economic powers were close to concluding a "substantial phase one deal." …

US-China trade: Trump’s ‘love fest’ with China won’t end the trade war
5 years, 2 months ago

US-China trade: Trump’s ‘love fest’ with China won’t end the trade war

CNN  

Hong Kong CNN Business — A tentative truce between the United States and China has raised hopes — yet again — that the two economic superpowers are inching toward a resolution to the trade war. The head of the American Apparel & Footwear Association said in a statement Friday that it welcomes the pause on additional tariffs, but noted that …

America’s factories are getting crushed by Trump’s trade war, not the Fed
5 years, 3 months ago

America’s factories are getting crushed by Trump’s trade war, not the Fed

CNN  

New York CNN Business — The trade war is doing real damage to the American economy, and it’s showing up in manufacturing. We have now tariffed our way into a manufacturing recession in the US and globally.” " Peter Boockvar, chief investment officer at Bleakely Advisory “As I predicted, Jay Powell and the Federal Reserve have allowed the Dollar to …

China lifts some tariffs ahead of trade talks, but it won’t help US farmers
5 years, 3 months ago

China lifts some tariffs ahead of trade talks, but it won’t help US farmers

CNN  

Washington CNN — The Chinese are waiving tariffs on some US goods, but the move won’t offer relief to American farmers who have been the hardest hit by Beijing’s retaliatory tariffs. “At the request of the Vice Premier of China, Liu He, and due to the fact that the People’s Republic of China will be celebrating their 70th Anniversary on …

'China eating the tariffs’: US president Donald Trump mocks protracted trade war with Beijing ahead of talks in Washington
5 years, 4 months ago

'China eating the tariffs’: US president Donald Trump mocks protracted trade war with Beijing ahead of talks in Washington

Firstpost  

US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China Washington: US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China. “China is eating the tariffs,” Trump said on Twitter, repeating his claim that higher duty rates meant Washington collected billions of …

Beijing wants 'calm' negotiations to end the US trade war as markets tank
5 years, 4 months ago

Beijing wants 'calm' negotiations to end the US trade war as markets tank

Daily Mail  

China said it is willing to resolve its trade dispute with the United States through 'calm' negotiations and resolutely opposes the escalation of the conflict, Vice Premier Liu He said Monday. Vice Premier Liu He said Monday that China is willing to resolve its trade dispute with the United States through 'calm' negotiations and opposes escalating the conflict Liu shakes …

Farmers Lash Out At Trump After Latest Trade War Blow From China
5 years, 4 months ago

Farmers Lash Out At Trump After Latest Trade War Blow From China

Huff Post  

LOADING ERROR LOADING American farmers are attacking President Donald Trump in the wake of a new hit from China, which comes as part of the lingering trade war between the countries. Trump’s “strategy of constant escalation and antagonism” has worsened the situation, Roger Johnson, the president of the National Farmers Union, the nation’s second-largest general farmers group, told Bloomberg. China’s …

Trump news: Why the US trade war with China is a genuine conflict
5 years, 5 months ago

Trump news: Why the US trade war with China is a genuine conflict

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The trade conflict with China is …

Donald Trump accuses China of killing US economy with 'unfair trade deals' as tensions escalate over tariffs
5 years, 5 months ago

Donald Trump accuses China of killing US economy with 'unfair trade deals' as tensions escalate over tariffs

Firstpost  

US President Donald Trump on Wednesday said his tough stance on China’s economic and trade policies would ultimately benefit the American economy Washington: US President Donald Trump on Wednesday said his tough stance on China’s economic and trade policies would ultimately benefit the American economy, even as Beijing signalled it could strike back by curbing sales of chemicals known as …

Trade war: Trump defends fight against China despite risks
5 years, 5 months ago

Trade war: Trump defends fight against China despite risks

CNN  

Washington CNN — President Donald Trump’s trade war just got more complicated – and it’s far from clear whether he’ll win a deal before American voters head to the polls next November. Trump shrugged off this week’s market volatility as he spoke to reporters, saying it was “anticipated” and he had expected “even more.” “But ultimately it’s going to go …

US-China trade war intensifies: Donald Trump administration designates Beijing a currency manipulator
5 years, 5 months ago

US-China trade war intensifies: Donald Trump administration designates Beijing a currency manipulator

Firstpost  

The Trump administration’s dramatic move against China hastened the risk aversion seen in global markets this week Tokyo: Global stocks extended their already substantial losses and the offshore yuan hit an all-time low on Tuesday after Washington designated Beijing a currency manipulator in a rapid escalation of the US-China trade war. “Following the latest development in the US-China trade war, …

US-China trade war is starting to get out of hand
5 years, 5 months ago

US-China trade war is starting to get out of hand

CNN  

New York CNN Business — The US-China trade war has always been serious. “The policy of using tariffs as a tool to address our legitimate beefs with the Chinese has failed miserably.” The escalating US-China trade war will certainly be bad for the US economy. How bad is almost impossible to calculate.” Art Hogan, chief market strategist at National Securities …

China is not the only trading partner targeted by US President Donald Trump's trade wars
5 years, 6 months ago

China is not the only trading partner targeted by US President Donald Trump's trade wars

ABC  

The US-China trade war has been dominating headlines, but Beijing is not the only trading partner in President Donald Trump's crosshairs. Key points: Mr Trump ended preferential trade treatment for India in early June The Trump administration this week threatened tariffs on $4 billion worth of European goods The threat of tariffs was used to incentivise Mexico to curtail the …

US-China trade war: Global economy dodges a bullet but isn’t out of danger
5 years, 6 months ago

US-China trade war: Global economy dodges a bullet but isn’t out of danger

CNN  

London CNN Business — Stocks and oil prices shot higher Monday after the United States and China announced a cease fire in their trade war. “The global economy has hit a rough patch: investment has weakened and trade has slowed significantly, with export and import growth rates at their lowest level since the great financial crisis,” IMF managing director Christine …

Dispute puts all economies in peril
5 years, 7 months ago

Dispute puts all economies in peril

China Daily  

The trade dispute between the United States and China has taken a serious turn for the worse, and stock markets have reacted accordingly. The US has chosen to greatly escalate the dispute, which is broadly but incorrectly labeled a "trade war". That is why the US administration issued a statement in February emphasizing the importance of artificial intelligence: "Continued American …

For the U.S. and China, it’s not a trade war anymore — it’s something worse
5 years, 7 months ago

For the U.S. and China, it’s not a trade war anymore — it’s something worse

LA Times  

What started out two years ago as an effort by President Trump to wring better terms from China on the nuts and bolts of foreign trade now threatens to become a far wider and more ominous confrontation. The conflict continues to be framed as a “trade war” between the world’s two biggest economies — as Washington and Beijing pursue an …

China accuses US of ‘economic terrorism’ as trade war tensions escalate
5 years, 7 months ago

China accuses US of ‘economic terrorism’ as trade war tensions escalate

CNN  

Hong Kong CNN — China accused the Trump administration of committing “economic terrorism” on Thursday, escalating its war of words with the United States amid rising trade tensions between the two countries. Lu described US trade policy as “typical economic terrorism, economic hegemonism, and economic unilateralism.” The statement followed similarly ominous rhetoric from Chinese state media, which issued a stern …

China ramps up war of rhetoric in trade standoff with US
5 years, 7 months ago

China ramps up war of rhetoric in trade standoff with US

Associated Press  

BEIJING — Stepping up Beijing’s propaganda offensive in the tariffs standoff with Washington, Chinese state media on Friday accused the U.S. of seeking to “colonize global business” with moves against Huawei and other Chinese technology companies. At a daily briefing Friday, foreign ministry spokesman Lu Kang accused American politicians he didn’t name of “fabricating various lies based on subjective presumptions …

Here’s the worst-case scenario for the US-China trade war
5 years, 7 months ago

Here’s the worst-case scenario for the US-China trade war

CNN  

New York CNN Business — It turns out trade wars are not short and not so easy to win, as President Donald Trump once tweeted. As the US-China trade war drags on, economists are sharpening their pencils, forecasting what a protracted trade war would cost. “If talks stall, no deal is agreed upon and the US imposes 25% tariffs on …

China’s new ‘Long March’: Digging in for a struggle bigger than trade war
5 years, 7 months ago

China’s new ‘Long March’: Digging in for a struggle bigger than trade war

LA Times  

The 10-minute segment that ran on Chinese state television this week showed cadet trainees of the People’s Liberation Army scrambling over towering walls, dragging enormous tires, crawling through mud and shouting motivational slogans as President Xi Jinping exhorted the academy to be ready to fight and win a modern war. Some analysts have warned that a Cold War 2.0 has …

US-China trade war hurts American families
5 years, 7 months ago

US-China trade war hurts American families

CNN  

Editor’s Note: Mary E. Lovely is a professor of economics at Syracuse University and non-resident senior fellow at the Peterson Institute for International Economics. When President Donald Trump first initiated the trade war with China one year ago, he justified the action as necessary to open China’s markets and to secure America’s rights to its own intellectual property. The pain …

Rural America feels the sting of Trump’s China trade war
5 years, 7 months ago

Rural America feels the sting of Trump’s China trade war

CNN  

CNN — President Donald Trump’s trade war with China is biting rural America. Both Walmart and Macy’s say they might need to raise prices if Trump goes ahead with expanding tariffs to cover almost everything China exports to the US, from toys to clothes and hardware. “Farmers, ranchers, small businesses in rural America, the people who support those businesses in …

Why has the U.S. raised trade war stakes?
5 years, 7 months ago

Why has the U.S. raised trade war stakes?

The Hindu  

The story so far: On July 6, 2018, the United States administration slapped a tariff of 25% on $50 billion worth of imports from China. On May 10, 2019, U.S. President Donald Trump raised the tariff rate to 25% on $200 billion of imports from China. Therefore, even if the intention behind the crackdown on Chinese trade practices is purposeful …

Top Chinese official says trade war with US could reduce country’s GDP by 1%
5 years, 7 months ago

Top Chinese official says trade war with US could reduce country’s GDP by 1%

Live Mint  

Beijing: A high ranking Chinese official has said that the ongoing trade war with the US could slash China's GDP by 1%, in the first such admission by Beijing that the tariff war with Washington is biting the world's second largest economy. US President Donald Trump, who kicked off the trade war last year, is demanding China to reduce the …

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