'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 year trade deficit with China "for years," Donald Trump said the country has "taken advantage" of the US. Asked whether China is taking advantage of the US during the pandemic, the president blamed the WTO, saying it was a "very bad day for the United States" when China joined in 2001. Earlier this month, the president claimed that the US was the first country to ban travel from China following the coronavirus outbreak, which nearly 40 other countries did before the administration unveiled its restrictions. The president and his Republicans allies have also called the coronavirus a "Chinese" or "Wuhan" virus despite the US overtaking China and dozens other countries in Covid-19 cases.

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How China, India will navigate Trump’s bid for ‘tariffs, and tariffs alone’
3 days ago

How China, India will navigate Trump’s bid for ‘tariffs, and tariffs alone’

Live Mint  

As Donald Trump returns as the US President on 20 January, the world will closely watch his trade policies. During his first term, Trump initiated a trade war with China in 2018, imposing tariffs on $250 billion worth of Chinese goods, including steel, aluminium, solar panels and washing machines. China's trade surplus stood at $785 billion for the first 10 …

US companies vouched for China during Trump’s first term. Not anymore.
1 week, 1 day ago

US companies vouched for China during Trump’s first term. Not anymore.

Live Mint  

SINGAPORE—During Donald Trump’s first term, U.S. companies argued that a trade war with China was bad for Americans. companies are more wary about doing business in China," said Anja Manuel, the executive director of the Aspen Security Forum and a consultant for American companies doing business abroad. The American Chamber of Commerce in China, which represents more than 800 mainly …

'Fancy footwork': China has reportedly figured out how to beat Trump's tariff threat
1 week, 2 days ago

'Fancy footwork': China has reportedly figured out how to beat Trump's tariff threat

Raw Story  

China may be able to sidestep Donald Trump's tariffs just as easily as the last time he slapped them on the trade rival. The once and future president imposed tariffs on Chinese bicycles in 2018, but manufacturers just moved their final assembly operations to facilities in Cambodia, India, Malaysia, Taiwan and Vietnam — using parts mostly made in China — …

Chinadaily.com.cn
Trending News
3 weeks ago

Chinadaily.com.cn

China Daily  

Next US administration's policies will be determined by dollar-denominated markers on self-made scale of interests The US president-elect Donald Trump has made himself an enemy of the political establishment, and a maverick whose rules differ from the rest of the world, centered on challenging and changing all the existing systems, including those of the Western countries. More peculiarly, they seem …

US tariffs on China unable to stop China trade growth
Trending News
3 weeks, 2 days ago

US tariffs on China unable to stop China trade growth

China Daily  

Vessels dock at the port of Lianyungang, a pilot FTZ area in Jiangsu province. WANG CHUN/FOR CHINA DAILY US president-elect Donald Trump has repeatedly pledged to impose high tariffs on imports from China, including revoking China’s permanent normal trade relations status, resulting in 32 percent tariff, an additional 10 percent tariff, on the basis of the average 19 percent tariff …

US tariffs on China unable to stop China trade growth
Trending News
3 weeks, 2 days ago

US tariffs on China unable to stop China trade growth

China Daily  

Vessels dock at the port of Lianyungang, a pilot FTZ area in Jiangsu province. WANG CHUN/FOR CHINA DAILY US president-elect Donald Trump has repeatedly pledged to impose high tariffs on imports from China, including revoking China’s permanent normal trade relations status, resulting in 32 percent tariff, an additional 10 percent tariff, on the basis of the average 19 percent tariff …

US families to bear brunt of new tariffs
Trending News
3 weeks, 3 days ago

US families to bear brunt of new tariffs

China Daily  

Families in the United States could soon have to pay thousands of dollars more for furniture, clothes, cars, electronics and household items imported from China and other key trading partners if US President-elect Donald Trump follows through with a new round of tariffs, according to economists and trade organizations. Mary Lovely, professor emeritus of economics at the Maxwell School of …

Fact check: Trump makes false claims about immigration, tariffs and global conflicts
3 weeks, 4 days ago

Fact check: Trump makes false claims about immigration, tariffs and global conflicts

CNN  

Washington CNN — President-elect Donald Trump made numerous false claims in a Monday news conference at his Mar-a-Lago club in Florida. Conflict under Trump: Trump repeated his familiar false claim that there were “no wars” during his presidency, this time saying, “Think of it: four years ago, we had no wars.” In fact, there were dozens of unresolved wars and …

US manufacturers are stocking up on imports ahead of tariffs
3 weeks, 6 days ago

US manufacturers are stocking up on imports ahead of tariffs

Live Mint  

U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year. U.S. industrial manufacturers and consumer-packaged-goods companies are buying up critical parts and raw materials, such as emulsifiers and flavor enhancers, driving up demand, according to GEP, a supply-chain software company that gathers the data. U.S. businesses are giving priority to …

How Trump is already driving Congress’ China legislation
4 weeks ago

How Trump is already driving Congress’ China legislation

Politico  

“I think it’s certainly a step in the direction that President Trump has been advocating for, for a long time,” Sen. John Cornyn said of the China measure in an interview. His input “really gives you a good sense of where Trump admin policy is going to go in the new administration.” Rep. Mike Waltz is "going to be a …

Trump says he’s ‘can’t guarantee’ tariffs won’t hurt Americans
1 month ago

Trump says he’s ‘can’t guarantee’ tariffs won’t hurt Americans

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. “I can’t guarantee tomorrow.” But Trump noted that he doesn’t “believe” the warning by …

Trump is threatening to raise tariffs again. Here’s how China plans to fight back
1 month ago

Trump is threatening to raise tariffs again. Here’s how China plans to fight back

LA Times  

President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago. Trump kicked off a trade war in 2018 by imposing 25% tariffs on imports from China — including industrial machinery, cars, auto parts and television cameras. Last week, the U.S. expanded …

Tariffs bad for business, bad for US firms and consumers, and bad for all trading partners: China Daily editorial
1 month ago

Tariffs bad for business, bad for US firms and consumers, and bad for all trading partners: China Daily editorial

China Daily  

This photo taken on Jan 19, 2023 shows the US Capitol building in Washington, DC, the United States. To those worrying about the uncertainties heralded by a new incoming United States administration and the president-elect's unpredictability, there is one thing at least that is predictable: He will continue wielding the baton of tariffs. On the campaign trail, he told US …

Donald Trump 'Can't Guarantee' Tariffs Won't Cost Americans More
1 month ago

Donald Trump 'Can't Guarantee' Tariffs Won't Cost Americans More

Huff Post  

LOADING ERROR LOADING Donald Trump says he can’t guarantee his plan to impose sweeping tariffs on America’s top trade partners won’t hurt people’s pocketbooks. I can’t guarantee tomorrow.” But during his first major interview since November’s election, he told host Kristen Welker he still believed imposing tariffs on goods from China, Canada, Mexico and beyond would “cost Americans nothing,” contrary …

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 …

Trump's Tariffs In His First Term Did Little To Alter Economy — But This Time May Be Different
1 month, 1 week ago

Trump's Tariffs In His First Term Did Little To Alter Economy — But This Time May Be Different

Huff Post  

LOADING ERROR LOADING WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. Republican presidential nominee former President Donald Trump listens during a campaign rally at Santander Arena, Monday, Nov. 4, 2024, in Reading, Pa. via Associated Press Trump also posted on Monday that Chinese imports would face additional tariffs of 10% until Beijing cracks …

Wall Street’s response to more tariffs: Been there, done that
1 month, 1 week ago

Wall Street’s response to more tariffs: Been there, done that

Live Mint  

Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. His newly proposed 25% tariffs on imports from Canada and Mexico—the U.S.’s two largest trading partners—would add 0.8 percentage point to a key inflation gauge next year if just half of the costs are passed on to consumers, according to a Deutsche Bank analysis. The two countries, along …

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?
1 month, 1 week ago

Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan, will American wallets suffer?

Hindustan Times  

Jimmy Kimmel has laid out a potential flaw in president-elect Donald Trump’s plan to impose a 25% tariff on all imports from Canada and Mexico on the day he takes office. Jimmy Kimmel details shocking flaw in Donald Trump's tariffs plan However, Kimmel has pointed out that some of Trump's own merchandise was made in these countries. “If you want …

Jimmy Kimmel reveals Trump’s ‘dumb’ tariffs plan could hit MAGA fans where it hurts
1 month, 1 week ago

Jimmy Kimmel reveals Trump’s ‘dumb’ tariffs plan could hit MAGA fans where it hurts

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 Jimmy Kimmel has detailed a potential flaw in Donald Trump’s …

Trump's tariff war could cost Americans more than $3,200 a year, experts claim
1 month, 2 weeks ago

Trump's tariff war could cost Americans more than $3,200 a year, experts claim

Daily Mail  

American consumers would bear the brunt of Donald Trump's proposed tariffs, new analysis showed on Tuesday night as the world braced for a new era of U.S. protectionist policies. Trump proposed tariffs including the threats made to China, Mexico and Canada on Monday could lead to an increase in costs for every consumer annually, analysis found But even before the …

Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories
1 month, 2 weeks ago

Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chinese exporters are already looking at new markets …

Trump vows big tariffs on Mexico, Canada and China
Trending News
1 month, 2 weeks ago

Trump vows big tariffs on Mexico, Canada and China

Raw Story  

U.S. President-elect Donald Trump said Monday he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In another post, Trump said he would also be slapping China with a 10 percent tariff, "above any additional Tariffs," in response to what he said was …

Trump tariffs: It’s one of Trump’s most controversial promises. This is how he might carry it out.
55 years ago

Trump tariffs: It’s one of Trump’s most controversial promises. This is how he might carry it out.

Slate  

This article was originally featured in Foreign Policy, the magazine of global politics and ideas. But tariffs are also touted by Trump’s trade sherpas, such as former U.S. Trade Representative Robert Lighthizer, as a way to force manufacturing back to the United States by discouraging pricier imports. If tariffs are just a threatened big stick to get better trade terms …

China warns ‘no one will win’ if Donald Trump starts trade war
1 month, 2 weeks ago

China warns ‘no one will win’ if Donald Trump starts trade war

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 Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China shot back at Donald …

Trump threatens sweeping new tariffs on Mexico, Canada and China on first day in office
1 month, 2 weeks ago

Trump threatens sweeping new tariffs on Mexico, Canada and China on first day in office

The Hindu  

U.S. President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs. We hereby demand that they use this power," he went on, “and until such time that they do, it is time for them to pay …

Trump: Huge tariffs coming for consumers who buy from China, Mexico and Canada
Trending News
1 month, 2 weeks ago

Trump: Huge tariffs coming for consumers who buy from China, Mexico and Canada

Raw Story  

Donald Trump wants everyone to know, he's going to make good on his tariff threats on day one. "I have had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States – But to no avail," wrote Trump. "As everyone is aware, thousands of people are pouring through Mexico and Canada, …

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 …

What are Trump’s plans for tariffs on China, Canada and Mexico?
1 month, 2 weeks ago

What are Trump’s plans for tariffs on China, Canada and Mexico?

Al Jazeera  

US president-elect has promised to impose tariffs for as long as drugs and undocumented migrants flow into the country. United States President-elect Donald Trump has threatened to impose sweeping tariffs on the United States’s three largest trading partners – Canada, Mexico and China – as soon as he takes office on January 20. “About the issue of US tariffs on …

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China
1 month, 2 weeks ago

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China

New Indian Express  

WASHINGTON: US President-elect Donald Trump said Monday he intends to impose a 25 percent tariff on goods from Mexico and Canada, along with a 10 percent tariff on imports from China in response to the illegal drug trade and immigration. In a series of posts to his Truth Social social media account, Trump vowed to hit some of the United …

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
1 month, 2 weeks ago

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1

CNN  

CNN — President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this …

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1
1 month, 2 weeks ago

Trump ups the ante on tariffs, vowing massive taxes on goods from Mexico, Canada and China on Day 1

CNN  

CNN — President-elect Donald Trump on Monday promised massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his administration, a policy that could sharply increase costs for American businesses and consumers. “This Tariff will remain in effect until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this …

Trump can do a business deal with China
Trending News
1 month, 2 weeks ago

Trump can do a business deal with China

China Daily  

Editor's note: In recent years, China has made significant strides in pursuit of high-quality economic and cultural development. How can China achieve a breakthrough deal with the next US administration after Donald Trump assumes office on Jan 20 despite the wide expectation he would implement highly disruptive domestic and foreign policies? The worst-case scenario is the US intensifying the tariff …

Trump can do a business deal with China
Trending News
1 month, 2 weeks ago

Trump can do a business deal with China

China Daily  

Editor's note: In recent years, China has made significant strides in pursuit of high-quality economic and cultural development. How can China achieve a breakthrough deal with the next US administration after Donald Trump assumes office on Jan 20 despite the wide expectation he would implement highly disruptive domestic and foreign policies? The worst-case scenario is the US intensifying the tariff …

Trump can do a business deal with China
1 month, 2 weeks ago

Trump can do a business deal with China

China Daily  

Editor's note: In recent years, China has made significant strides in pursuit of high-quality economic and cultural development. How can China achieve a breakthrough deal with the next US administration after Donald Trump assumes office on Jan 20 despite the wide expectation he would implement highly disruptive domestic and foreign policies? The worst-case scenario is the US intensifying the tariff …

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 …

'We’re not immune': Walmart warns price hikes ahead if Trump follows through with plan
1 month, 2 weeks ago

'We’re not immune': Walmart warns price hikes ahead if Trump follows through with plan

Raw Story  

Walmart — the world's largest retailer — issued a warning to customers that they may pay more for the same products if President-elect Donald Trump makes good on his promise to impose new tariffs on imports. Walmart's finance chief, John David Rainey, acknowledged that new tariffs would likely be passed on to the people buying goods imported from overseas, Fortune …

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says
1 month, 2 weeks ago

Tariff hikes will backfire, and China can manage such 'external shocks,' a senior official says

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 Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Higher tariffs on Chinese exports …

American companies are stocking up to get ahead of Trump’s China tariffs
1 month, 3 weeks ago

American companies are stocking up to get ahead of Trump’s China tariffs

Live Mint  

By 9 p.m. on election night, it had become clear to Jason Junod that Donald Trump was returning to the White House. When Trump began his trade war against China in 2018, U.S. businesses scrambled to front-load imports before tariffs were implemented, according to an International Monetary Fund analysis. Though China’s share of U.S. imports has declined to roughly 14% …

Alarmed China over Trump victory plans to choke chip industry
1 month, 3 weeks ago

Alarmed China over Trump victory plans to choke chip industry

Firstpost  

As China dominates the supply of minerals needed to manufacture chips, it is expected to choke supplies in case Donald Trump ramps up the US-China trade war after assuming office in January Semiconductor chips are seen on a printed circuit board in this illustration picture taken 17 February, 2023. How China uses control of supply chains in trade war China …

Consumers to bear brunt of US tariffs
1 month, 3 weeks ago

Consumers to bear brunt of US tariffs

China Daily  

Retailers concerned over prospects of Trump's levy plans, observers say US retailers are creating contingency plans to deal with the prospect of President-elect Donald Trump's proposed tariffs as he heads back to the White House. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, appliances …

Consumers to bear brunt of US tariffs
Top News
1 month, 3 weeks ago

Consumers to bear brunt of US tariffs

China Daily  

By BELINDA ROBINSON in New York | China Daily | Updated: 2024-11-18 09:21 US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, …

Consumers to bear brunt of US tariffs
Top News
1 month, 3 weeks ago

Consumers to bear brunt of US tariffs

China Daily  

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, appliances and travel goods, the National Retail Federation said. Tiffany Smith, vice-president of …

Consumers to bear brunt of US tariffs
Top News
1 month, 3 weeks ago

Consumers to bear brunt of US tariffs

China Daily  

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, appliances and travel goods, the National Retail Federation said. Tiffany Smith, vice-president of …

Consumers to bear brunt of US tariffs
Top News
1 month, 3 weeks ago

Consumers to bear brunt of US tariffs

China Daily  

By BELINDA ROBINSON in New York | China Daily | Updated: 2024-11-18 09:21 US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Under Trump's plan, US citizens could lose between $46 billion and $78 billion in spending power per year on products like clothing, toys, furniture, …

Xi-Biden meet: Tariffs to Taiwan, what ails US-China ties as Trump looms
1 month, 3 weeks ago

Xi-Biden meet: Tariffs to Taiwan, what ails US-China ties as Trump looms

Al Jazeera  

Trump’s presidency could see escalating trade wars. Relations between China and the US, the world’s most important superpowers, had nosedived during Trump’s first term as president, when he started a trade war with Beijing, using punishing tariff rates. Here’s a picture of how the US-China relations soured under Biden – and what to expect under Trump 2.0: Trade wars Trump, …

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" …

Not just China, these US allies too could suffer the most by Donald Trump's tariffs
1 month, 3 weeks ago

Not just China, these US allies too could suffer the most by Donald Trump's tariffs

Hindustan Times  

President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy. During his election campaign, Trump promised to employ tariffs to promote American companies, imposing up to 60 percent levies on Chinese goods and up to 20 percent on imports from other nations. Europe would be severely affected if… Speaking to Newsweek Dr. …

Top Republicans begin push back on core Trump policy
1 month, 3 weeks ago

Top Republicans begin push back on core Trump policy

Raw Story  

Some Republican senators are being increasingly wary about Donald Trump's plans to impose aggressive tariffs on imported goods — and they're already showing signs of pushback States with large agriculture industries are especially vulnerable to foreign retaliation, and GOP senators from those states expressed concerns about the president-elect's broad tariffs targeting China and Mexico, reported Politico. “There is a place …

How proposed tariffs would impact American businesses and consumers
Trending News
1 month, 4 weeks ago

How proposed tariffs would impact American businesses and consumers

NPR  

How proposed tariffs would impact American businesses and consumers MICHEL MARTIN, HOST: You might remember that news of Donald Trump's White House win sent stock markets soaring. So we are very excited about across-the-board, worldwide tariffs across every country for the products that we make, because then China can't find a way into the United States without going through tariffs. …

China anxious as Trump victory may intensify trade wars
Trending News
2 months ago

China anxious as Trump victory may intensify trade wars

Firstpost  

China’s ambassador to the US, Xie Feng said that the differences between the two nations should be the driving force for exchanges and mutual learning rather than ‘an excuse for rejection and confrontation’, and that the successes of each were opportunities for the other There are no winners in tariff or trade wars, nor in wars over science and technology …

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