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 second thing we're going to be looking at is the so-called Phase 2 talks, which are really supposed to tackle things that are incredibly hard to deal with, which is the use of subsidies to try to promote, you know, certain industries that they think are very important for society or for their economy, and controlling China's state-owned enterprises - again, something they've shown no willingness to do.

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History of this topic

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 …

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 …

USDA's Hafemeister on US-China Trade
2 months ago

USDA's Hafemeister on US-China Trade

Bloomberg  

00:00 Yeah, I think that's the general consensus. And that could potentially, you know, throw China's plans into a mess, of course, because they're trying to stumble out of a climb out of a slowing economy right now. We talked to a number of American ag support suppliers to China, including the acting undersecretary for trade, for foreign trade and …

Trump says he loves farmers. His tariff plans suggest otherwise
2 months ago

Trump says he loves farmers. His tariff plans suggest otherwise

Salon  

After last minute polling out of Iowa revealed Donald Trump may not win the deep-red state, the presidential nominee took to his social media platform, Truth Social, over the weekend to declare that no president has ever done more for the agricultural community than he has, dismissing the numbers as fake news from a “Trump hater.” “No President has done …

Donald Trump's close call has lifted the odds of his election … and a fresh inflation breakout
5 months, 3 weeks ago

Donald Trump's close call has lifted the odds of his election … and a fresh inflation breakout

ABC  

The blood-smeared face of Donald Trump, clenched fist raised against the background of the stars and stripes, may be the defining image of his campaign and an enduring portrayal of our times. US tariff rise Photo shows US President Donald Trump says he's ready to escalate the trade war with China President Donald Trump's latest tariff hike on Chinese goods …

Would Donald Trump Start a China-US Trade War 2.0?
10 months ago

Would Donald Trump Start a China-US Trade War 2.0?

The Diplomat  

Donald Trump is close to securing the 2024 Republican presidential nomination after a winning streak in early GOP primaries. Even if Trump could somehow weather the economic repercussions of another trade war, the broader political consequences for the Republican Party would likely be insurmountable. Thus, the cost of another trade war with China is evidently more pronounced for GOP politicians …

After Biden-Xi summit, what next for US-China trade war?
3 years, 1 month ago

After Biden-Xi summit, what next for US-China trade war?

Al Jazeera  

Reductions in tariffs possible down the line, but no return to pre-Trump status quo, analysts say. The virtual meeting between United States President Joe Biden and China’s leader Xi Jinping helped ease the growing tension between the two countries but did not make headway in resolving lingering US-China trade war disputes. Biden spoke briefly about China’s “unfair trade and economic …

What Happened to the China-US Focus on Trade?
3 years, 8 months ago

What Happened to the China-US Focus on Trade?

The Diplomat  

For much of the Trump administration, the central issue in China-U.S. relations was trade. The summary from China’s Ministry of Foreign Affairs likewise relegated economic ties to one point on a longer list of topics: “economy and trade, military, law enforcement, culture, health, cyber security, climate change, the Iranian nuclear issue, Afghanistan, the Korean Peninsula and Myanmar, etc.” This lack …

Trump promised to win the trade war with China. He failed
4 years, 2 months ago

Trump promised to win the trade war with China. He failed

CNN  

Hong Kong CNN Business — US President Donald Trump started a trade war with China to fix what he’s repeatedly blasted as an unfair relationship between the world’s two largest economies. Trump vowed to cut the US trade deficit, but instead it’s reached historic highs.He wanted China to buy more American products, but that hasn’t happened as much as Washington …

China’s buying soybeans again. That could help Trump
4 years, 2 months ago

China’s buying soybeans again. That could help Trump

CNN  

Washington CNN — Dave Walton’s Iowa farm was struggling a year ago as President Donald Trump’s trade war with China took a bite out of soybean exports. Another round of Covid-related aid payments that Trump announced in September helped send farmer sentiment up to its highest level since the pandemic began, according to the Purdue University-CME Group Ag Economy Barometer. …

US, China reaffirm commitment to Phase 1 trade deal in phone call
4 years, 4 months ago

US, China reaffirm commitment to Phase 1 trade deal in phone call

Live Mint  

Top US and Chinese trade officials have reaffirmed their commitment to a Phase 1 trade deal, which has seen China lagging on its obligations to buy American goods, giving a boost to financial markets on Tuesday. The pledge was made in a telephone call between US Trade Representative Robert Lighthizer, US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu …

US, China to Discuss 'Phase-1' Trade Deal amid Covid-19 Disruption
4 years, 4 months ago

US, China to Discuss 'Phase-1' Trade Deal amid Covid-19 Disruption

News 18  

Negotiators from the United States and China will on Saturday discuss the "phase one" trade deal signed earlier this year -- before the coronavirus slammed the world economy and relations between the two economic powers took a turn for the worse. US Trade Representative Robert Lighthizer in June said China would follow through on its commitments while Washington eyes a …

Trump administration ‘satisfied’ with China purchases: Adviser
4 years, 4 months ago

Trump administration ‘satisfied’ with China purchases: Adviser

Al Jazeera  

China has increased purchases of commodities as part of its phase one trade deal, Trump adviser says ahead of review. White House economic adviser Larry Kudlow says the administration of United States President Donald Trump is satisfied with China’s progress in meeting commitments to purchase US goods in a phase one trade deal, signalling that the pact will survive an …

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 …

Trump says he is not thinking about a 'Phase 2' U.S.-China trade deal
4 years, 5 months ago

Trump says he is not thinking about a 'Phase 2' U.S.-China trade deal

The Hindu  

U.S. President Donald Trump has for the time being ruled out a second phase trade deal with China, saying the relationship between the two countries has been severely damaged with Beijing’s handling of the coronavirus outbreak. I don’t think about it now,” Trump told reporters on Friday from Air Force One when asked about the trade deal. Earlier in the …

China halts some US farm imports, threatening trade deal
4 years, 7 months ago

China halts some US farm imports, threatening trade deal

Live Mint  

Chinese government officials told major state-run agricultural companies to pause purchases of some American farm goods including soybeans as Beijing evaluates the ongoing escalation of tensions with the US over Hong Kong, according to people familiar with the situation. Trump’s threats Trump said the US would begin the process of stripping some of Hong Kong’s privileged trade status, without detailing …

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 …

Will know in a week or so if China will adhere to trade deal, says Donald Trump; US weighing options to shift supply chains from Beijing
4 years, 8 months ago

Will know in a week or so if China will adhere to trade deal, says Donald Trump; US weighing options to shift supply chains from Beijing

Firstpost  

US President Donald Trump said on Wednesday he would be able to report in about a week or two whether China is fulfilling its obligations under a Phase 1 trade deal the two countries signed in January before the coronavirus spread globally. Washington: US President Donald Trump said on Wednesday he would be able to report in about a week …

US deal with China is a victory for Trump, but more still needs to be done (opinion)
4 years, 11 months ago

US deal with China is a victory for Trump, but more still needs to be done (opinion)

CNN  

Editor’s Note: James D. Schultz is a CNN legal commentator and chair of the Government and Regulatory practice at Philadelphia-based law firm Cozen O’Connor. That changed when President Trump took office, and his consistently tough stance led to a “phase one” trade deal between the United States and China last week. In addition to easing tensions between the two nations, …

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products
4 years, 11 months ago

US-China phase 1 trade deal: Beijing agrees to buy $200 billion in US products

CNN  

Hong Kong CNN Business — China has agreed to buy hundreds of billions of dollars worth of products from the United States as part of their “phase one” trade deal. The agreement signed Wednesday will have Beijing purchase an additional $200 billion of US goods and services over the next two years. “We think it is highly challenging for China …

United States and China sign phase one of new trade deal
4 years, 11 months ago

United States and China sign phase one of new trade deal

ABC  

The United States and China have announced an initial trade deal that will roll back some tariffs and boost Chinese purchases of US goods and services, defusing an 18-month conflict between the world's two largest economies. Key points: The centrepiece of the deal is a pledge by China to purchase an additional $US200 billion of US farm products and other …

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 …

Trade deal: US eases sanctions, China to buy more US exports
4 years, 11 months ago

Trade deal: US eases sanctions, China to buy more US exports

Associated Press  

The United States and China signed an initial trade pact Wednesday, easing tensions between the world’s two largest economies. U.S. EXPORTS: China agreed to increase purchases of U.S. services and manufactured, energy and farm products by $200 billion this year and next. It includes provisions designed to stop Chinese government officials from using administrative and regulatory procedures to ferret out …

U.S., China tiptoe around holes in new trade agreement
4 years, 11 months ago

U.S., China tiptoe around holes in new trade agreement

The Hindu  

The United States and China signed an initial trade deal on January 15 that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved. Mr. Liu said Chinese companies would buy $40 billion in U.S. agricultural products annually over the …

New U.S.-China trade deal leaves the thorniest problems unresolved
4 years, 11 months ago

New U.S.-China trade deal leaves the thorniest problems unresolved

LA Times  

After nearly two years of a bruising trade war, President Trump signed an initial trade deal with China on Wednesday that provides the president with political bragging rights but allows both sides to put off the most difficult disputes until after the November election. Speaking in the East Room beside senior Chinese officials, Trump hailed the long-sought agreement as a …

China trade deal: Trump signs first stage, including soybean purchase agreement
4 years, 11 months ago

China trade deal: Trump signs first stage, including soybean purchase agreement

CNN  

CNN — President Donald Trump on Wednesday signed an initial trade deal with senior Chinese leaders that includes pledges from Beijing to more than double its purchases from American farmers in the first year. Trump said he’d visit China in the “not too distant future” to reciprocate a visit to Washington from China’s top trade negotiator. The deal, Xi wrote, …

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 isn’t getting any better. This week showed why it could get worse
5 years, 1 month ago

US-China trade war isn’t getting any better. This week showed why it could get worse

CNN  

Beijing CNN Business — The US-China rivalry isn’t easing off — it may, in fact, be about to get even more intense. The United States and China are “in the foothills of a Cold War,” former US Secretary of State Henry Kissinger said on stage in Beijing, warning that an unresolved conflict could lead to problems “even worse” than when …

It’s not just farmers — U.S. exports to China may never recover from the trade war
5 years, 1 month ago

It’s not just farmers — U.S. exports to China may never recover from the trade war

LA Times  

The Trump administration’s trade war is ravaging exports to China across the U.S. and well beyond the farm belt, new data from the U.S. Commerce Department show. Washington state, home of Boeing’s industrial base, saw total Chinese merchandise exports fall 45% through the third quarter amid the grounding of the 737 Max, the company’s best-selling jet. China has struck back …

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 …

Donald Trump says he has not agreed to rollbacks of tariffs on Chinese goods in 'phase one' deal amid 16-month trade war
5 years, 2 months ago

Donald Trump says he has not agreed to rollbacks of tariffs on Chinese goods in 'phase one' deal amid 16-month trade war

Firstpost  

President Donald Trump on Friday said he has not agreed to rollbacks of US tariffs sought by China, sparking fresh doubts about when the world’s two largest economies may end a 16-month trade war that has slowed global growth Washington: President Donald Trump on Friday said he has not agreed to rollbacks of US tariffs sought by China, sparking fresh …

US and China trade war: Two steps forward, three steps back
5 years, 2 months ago

US and China trade war: Two steps forward, three steps back

CNN  

New York CNN Business — The trade war with China has been a two-steps forward, three-steps back affair. The president told reporters Monday his negotiators are moving ahead on a so-called Phase One trade agreement: “We’re looking probably to be ahead of schedule to sign a very big portion of the China deal.” The president teased a meeting with Chinese …

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 …

Donald Trump outlines first phase of deal to end trade war with China, suspends October tariff hike
5 years, 2 months ago

Donald Trump outlines first phase of deal to end trade war with China, suspends October tariff hike

Firstpost  

Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done. Washington: US president Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended …

Trump announces partial deal with China, but comprehensive solution still looks far off
5 years, 2 months ago

Trump announces partial deal with China, but comprehensive solution still looks far off

LA Times  

Facing a slowing U.S. economy, growing complaints from farmers and political pressure over impeachment, President Trump on Friday announced a partial, tentative trade agreement with China despite his long-standing insistence that he would only strike a tough, comprehensive deal with Beijing. Trump said the agreement, which came after a resumption of high-level trade talks in Washington this week, would include …

Has The Trade War Taken A Bite Out Of China's Economy? Yes — But It's Complicated
5 years, 3 months ago

Has The Trade War Taken A Bite Out Of China's Economy? Yes — But It's Complicated

NPR  

Has The Trade War Taken A Bite Out Of China's Economy? Yes — But It's Complicated Enlarge this image toggle caption Jolie Myers/NPR Jolie Myers/NPR In the industrial city of Dongguan, China, the effects of the trade war on the Chinese economy are measured in idled machinery and empty bar stools. Enlarge this image toggle caption Jolie Myers/NPR Jolie Myers/NPR …

Trade deal with China in the offing: Trump
5 years, 3 months ago

Trade deal with China in the offing: Trump

Live Mint  

Washington: A trade agreement between the US and China is likely to happen either before or immediately after the American elections, President Donald Trump has said, exuding confidence that the treaty signed after the presidential polls in 2020 would be the "greatest deal" ever. US President Trump first imposed tariff hikes of up to 25% on $250 billion of Chinese …

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 …

US-China trade talks are set to resume. But don’t hold your breath for a major deal
5 years, 4 months ago

US-China trade talks are set to resume. But don’t hold your breath for a major deal

CNN  

Hong Kong CNN Business — The United States and China are set to go back to the negotiating table, and global stocks rallied this week in anticipation of a possible trade truce between the world’s two largest economies. The meetings are unlikely to achieve “any substantial progress,” said Tim Summers, senior consulting fellow on the Asia-Pacific program at Chatham House …

The trade war hasn’t hit its peak yet. The US and China will both pay a heavy price (opinion)
5 years, 4 months ago

The trade war hasn’t hit its peak yet. The US and China will both pay a heavy price (opinion)

CNN  

Editor’s Note: David A. Andelman, executive director of The RedLines Project, is a contributor to CNN and a former foreign correspondent for The New York Times and CBS News. The economies of both countries and the fortunes of both leaders have been damaged by the trade war, which does not seem to have hit its peak yet In the United …

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 …

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 …

Trump’s proposed China tariffs have financial markets shaking
5 years, 5 months ago

Trump’s proposed China tariffs have financial markets shaking

Al Jazeera  

President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to U.S. duties. The new tariff will be imposed beginning Sept. 1, Trump said in a tweet Thursday that broke a tentative trade cease-fire between the world’s two biggest economies. Keep in …

China GDP growth slumps to lowest in 27 years as the trade war hits
5 years, 5 months ago

China GDP growth slumps to lowest in 27 years as the trade war hits

CNN  

Hong Kong CNN Business — China’s economic growth has slumped to its lowest level in nearly three decades as the world’s second largest economy feels the effects of a prolonged trade war with the United States. “Global growth has slowed and external uncertainties are on the rise.” Beijing and Washington recently agreed a temporary truce in their months-long trade war …

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