When China wants ‘U.S. to return to reason’
5 years, 4 months ago

When China wants ‘U.S. to return to reason’

The Hindu  

The language used by a Foreign Ministry spokesperson is a barometer of what her government thinks of an issue. And, then came the punch line: “We hope that the U.S. can return to reason.” In 2018, Beijing was Washington’s largest goods trading partner with two-way trade totalling $659.8 billion. Punitive tariffs U.S. President Donald Trump imposed a fourth round of tariffs on Chinese goods earlier in September in a bid to encourage the American people to stop buying Chinese goods. From trying to accommodate China’s rise, the U.S. under President Trump is now attempting to cut China to size, or at least making an effort to redraw trade ties with China. “Chinese and U.S. chief trade negotiators agreed to jointly take concrete actions to create favourable conditions for further consultations in October,” the official Chinese news agency reported.

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History of this topic

How China, India will navigate Trump’s bid for ‘tariffs, and tariffs alone’
2 days, 18 hours 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 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 — …

China’s Services Activity Jumps as Stimulus Boosts Local Demand
1 week, 2 days ago

China’s Services Activity Jumps as Stimulus Boosts Local Demand

Live Mint  

China’s services activity expanded at the fastest pace in nine months while the manufacturing sector grew for a third straight month, signaling improving domestic demand after Beijing’s stimulus blitz. “But the boost probably won’t last more than a few quarters, with Trump likely to follow through on his tariff threat next year and persistent structural imbalances still weighing on the …

Why the US should think twice before launching another tariff war?
2 weeks, 2 days ago

Why the US should think twice before launching another tariff war?

China Daily  

Shipping containers are stored at the Port Newark Container Terminal in Newark, New Jersey, on July 21, 2022. In a move that surprised no one, US President-elect Donald Trump once again played the "tariff card," threatening an additional 10 percent tariff on all Chinese products entering the United States, citing a most far-fetched excuse of US drug problems. Here are …

Vivek Kaul: Trump’s tariffs won’t kill the dollar’s exorbitant privilege
2 weeks, 2 days ago

Vivek Kaul: Trump’s tariffs won’t kill the dollar’s exorbitant privilege

Live Mint  

Aldous Huxley, the English writer and philosopher, once said: “That men do not learn very much from the lessons of history is the most important of all the lessons that history has to teach." President-elect Donald Trump has been warning of imposing tariffs on countries with which the US has a trade deficit—that is, countries from which the US imports …

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 …

Better Sino-US ties best option for Trump
3 weeks, 1 day ago

Better Sino-US ties best option for Trump

China Daily  

US president-elect Donald Trump Donald Trump's victory in the US presidential election heralds the start of a new era in the United States. On the trade side, high tariffs are imposed on goods imported from China; on the technological side, there is export control on high-precision semiconductors and other hi-tech products; and on the investment side, US companies are forbidden …

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-China relations: Beijing calls for reset in bilateral tieunder President Donald Trump
3 weeks, 2 days ago

US-China relations: Beijing calls for reset in bilateral tieunder President Donald Trump

Live Mint  

China’s top diplomat expressed hope on Tuesday that the incoming Trump administration would foster cooperative ties with Beijing, hours after former President Donald Trump remarked that the COVID-19 pandemic had strained his once-cordial relationship with Chinese President Xi Jinping, as per Reuters. “We hope the new U.S. administration will make the right choice and work with China in a mutually-beneficial …

Chinese economy can brave external risks
Trending News
3 weeks, 3 days ago

Chinese economy can brave external risks

China Daily  

The skyline of Beijing. If the 2021-23 inflation surge in the United States helped Donald Trump's election triumph, his likely tariff wars will penalize world trade and exacerbate bilateral ties with China, again. In setting priorities for its economic policy for 2025, Chinese policymakers emphasize the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP …

Chinese economy can brave external risks
Trending News
3 weeks, 3 days ago

Chinese economy can brave external risks

China Daily  

The skyline of Beijing. If the 2021-23 inflation surge in the United States helped Donald Trump's election triumph, his likely tariff wars will penalize world trade and exacerbate bilateral ties with China, again. In setting priorities for its economic policy for 2025, Chinese policymakers emphasize the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP …

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 …

Tailwinds favoring foreign trade enterprises
Trending News
3 weeks, 4 days ago

Tailwinds favoring foreign trade enterprises

China Daily  

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

Trade War Widened US Trade Deficit, Increased Chinese Global Exports
3 weeks, 4 days ago

Trade War Widened US Trade Deficit, Increased Chinese Global Exports

Deccan Chronicle  

The US-China trade war initiated by President Donald Trump under his previous government failed to achieve its goals as the trade deficit of the US further widened while China’s global exports increased between 2017 and 2023. The US-China trade war, which began in March 2018 by imposing 25 per cent tariffs on steel and 10 per cent on aluminium, escalated …

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 …

China signals it’s prepared to double down on support for the economy as Trump tariffs loom
3 weeks, 6 days ago

China signals it’s prepared to double down on support for the economy as Trump tariffs loom

Associated Press  

BANGKOK — Chinese leaders met this week to plot economic policy for the coming year, sketching out plans to raise government spending and relax Beijing’s monetary policy to encourage more investment and consumer spending. China’s economy has been growing slightly more slowly than the “about 5%” target leaders set for this year as a prolonged crisis in its real estate …

China signals it's prepared to double down on support for the economy as Trump tariffs loom
3 weeks, 6 days ago

China signals it's prepared to double down on support for the economy as Trump tariffs loom

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. Leaders of the ruling Communist Party wrapped up their …

Trump invites Xi Jinping to inauguration despite tariff rhetoric. Is it a business negotiation move? EXPLAINED
4 weeks ago

Trump invites Xi Jinping to inauguration despite tariff rhetoric. Is it a business negotiation move? EXPLAINED

India TV News  

US President-elect Donald Trump has invited Chinese President Xi Jinping and other world leaders to his inauguration next month, an unorthodox move that would fold US allies and adversaries into a very American political tradition. Trump's unprecedented move His comments came soon after his incoming White House press secretary, Karoline Leavitt, confirmed during a Thursday morning appearance on “Fox & …

China moves to Trump-proof its economy
4 weeks ago

China moves to Trump-proof its economy

Live Mint  

SINGAPORE : China’s leaders promised more government support for their struggling economy next year as they brace for the return of President-elect Donald Trump and another big showdown over trade. An annual gathering of top officials on the economy concluded with pledges to cut interest rates and boost government borrowing to pep up economic growth, according to a report by …

‘Let yuan fall’: China’s new mantra to counter Trump tariff as Xi battles to revive economy
4 weeks ago

‘Let yuan fall’: China’s new mantra to counter Trump tariff as Xi battles to revive economy

Firstpost  

China is considering allowing its currency yuan to weaken in 2025 as the country braces for higher US trade tariffs as Donald Trump returns to the White House on January 20, 2025 As per analysts, the yuan may fall to 7.37 per dollar by the end of 2025, though a key factor will be how much Donald Trump raises tariffs …

Here’s what could get significantly more expensive under Trump’s tariff plan
4 weeks, 1 day ago

Here’s what could get significantly more expensive under Trump’s tariff plan

CNN  

New York CNN — Import taxes are set to spike under the incoming Trump administration, forcing Americans to pay more for everything from foreign-made sneakers and toys to food, according to new research. “President Trump will work quickly to fix and restore an economy that puts American workers first by re-shoring American jobs, lowering inflation, raising real wages, lowering taxes, …

Here’s what could get significantly more expensive under Trump’s tariff plan
4 weeks, 1 day ago

Here’s what could get significantly more expensive under Trump’s tariff plan

CNN  

New York CNN — Import taxes are set to spike under the incoming Trump administration, forcing Americans to pay more for everything from foreign-made sneakers and toys to food, according to new research. “President Trump will work quickly to fix and restore an economy that puts American workers first by re-shoring American jobs, lowering inflation, raising real wages, lowering taxes, …

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’s exports slow, imports decline in November, falling below forecasts
4 weeks, 2 days ago

China’s exports slow, imports decline in November, falling below forecasts

Associated Press  

HONG KONG — China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19 pandemic. U.S. President-elect Donald Trump has threatened to slap tariffs of 60% or more on imports of Chinese goods, complicating Beijing’s …

China's foreign trade up 4.9% in first 11 months
1 month ago

China's foreign trade up 4.9% in first 11 months

China Daily  

By Zhong Nan | chinadaily.com.cn | Updated: 2024-12-10 11:12 China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during …

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 …

‘No winners’: China’s Xi warns US against a trade war
1 month ago

‘No winners’: China’s Xi warns US against a trade war

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the country’s economic …

China's foreign trade up 4.9% in first 11 months
1 month ago

China's foreign trade up 4.9% in first 11 months

China Daily  

China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period of 2024, statistics from the General Administration of Customs showed on Tuesday. The country's exports rose 6.7 percent yearly to 23.04 trillion yuan, while its imports climbed 2.4 percent year-on-year to 16.75 trillion yuan during this period, customs data showed. The import and export …

China, US have much to learn from each other
Trending News
1 month ago

China, US have much to learn from each other

China Daily  

JIN DING/CHINA DAILY One of the top priorities of Donald Trump after he takes oath as US president may not be what American people, in general, think. Though US Vice-President Kamala Harris criticized Trump's tariff threats during her failed presidency bid, the Biden-Harris administration retained tariffs Trump imposed on $370 billion worth of Chinese goods, while also slapping 100 percent …

China, US have much to learn from each other
Trending News
1 month ago

China, US have much to learn from each other

China Daily  

JIN DING/CHINA DAILY One of the top priorities of Donald Trump after he takes oath as US president may not be what American people, in general, think. Though US Vice-President Kamala Harris criticized Trump's tariff threats during her failed presidency bid, the Biden-Harris administration retained tariffs Trump imposed on $370 billion worth of Chinese goods, while also slapping 100 percent …

Cushioning headwinds
1 month ago

Cushioning headwinds

China Daily  

Hong Kong found itself at the heart of a seismic shift as dignitaries and business leaders from the world's two largest economies gathered in the city just days after Donald Trump scored a resounding victory in the United States presidential election in November. "But that doesn't mean that politics will lead us in that direction," he told the US-China Hong …

Cushioning headwinds
1 month ago

Cushioning headwinds

China Daily  

Hong Kong found itself at the heart of a seismic shift as dignitaries and business leaders from the world's two largest economies gathered in the city just days after Donald Trump scored a resounding victory in the United States presidential election in November. "But that doesn't mean that politics will lead us in that direction," he told the US-China Hong …

China, US have much to learn from each other
1 month ago

China, US have much to learn from each other

China Daily  

JIN DING/CHINA DAILY One of the top priorities of Donald Trump after he takes oath as US president may not be what American people, in general, think. Though US Vice-President Kamala Harris criticized Trump's tariff threats during her failed presidency bid, the Biden-Harris administration retained tariffs Trump imposed on $370 billion worth of Chinese goods, while also slapping 100 percent …

China tightens curbs on exports of materials with chip-making applications to US
1 month ago

China tightens curbs on exports of materials with chip-making applications to US

Live Mint  

China will strengthen controls on U.S.-bound exports of some materials that are used in chip making and can have military applications, a move that comes amid rising trade tensions between the two countries. The Chinese Ministry of Commerce said Tuesday that it will ban exports of so-called dual-use materials to the U.S. for military purposes. A ministry spokesperson said the …

What to buy now before Trump’s tariffs kick in
1 month, 1 week ago

What to buy now before Trump’s tariffs kick in

CNN  

New York CNN — During this busy holiday shopping season, some bargain hunters may be wondering if this is the ideal time to stock up on items before they could cost a lot more. But a 10% across-the-board import tariff, plus the additional 60% on Chinese goods, could cause the price of a new smartphone to rise by 26% to …

What to buy now before Trump’s tariffs kick in
1 month, 1 week ago

What to buy now before Trump’s tariffs kick in

CNN  

New York CNN — During this busy holiday shopping season, some bargain hunters may be wondering if this is the ideal time to stock up on items before they could cost a lot more. But a 10% across-the-board import tariff, plus the additional 60% on Chinese goods, could cause the price of a new smartphone to rise by 26% to …

Global alert: Other countries should steer clear of Trumponomics
1 month, 1 week ago

Global alert: Other countries should steer clear of Trumponomics

Live Mint  

Given Donald Trump’s nominees for key cabinet positions so far, it appears that the US president-elect is determined at least to try to deliver on many of his campaign promises. Or consider Trump’s two other major campaign promises: Significant tax cuts and new 10-20% tariffs on imports from the rest of the world, with the rate rising to 60% for …

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 …

King’s gambit: What Trump’s threats of big tariffs on imports from China, Canada and Mexico tell us
1 month, 1 week ago

King’s gambit: What Trump’s threats of big tariffs on imports from China, Canada and Mexico tell us

Firstpost  

Trump has little respect for America’s vaunted exceptionalism and does not get the tenets of strategic altruism. Trump’s threat of piling tariff on Canada, Mexico and China – America’s three largest trade partners – and his promise of enacting the executive order on Day 1 of his return to office has sparked a tsunami of reactions. In each case, however, …

"The last thing we need to do": Biden rails against Trump's proposed tariffs
Trending News
1 month, 1 week ago

"The last thing we need to do": Biden rails against Trump's proposed tariffs

Salon  

Joe Biden asked Donald Trump to reconsider plans to impose tariffs on China, Mexico and Canada. Biden also said that the United States' relationship with China is in a good place and that a trade war would sour the mood between the White House and President Xi Jinping. "The one thing I’m confident about Xi is he doesn’t want to …

Why Trump’s proposed tariffs may be bad news for China and Asia
1 month, 2 weeks ago

Why Trump’s proposed tariffs may be bad news for China and Asia

CNN  

Hong Kong CNN — President-elect Donald Trump took to social media on Monday to promise massive hikes in tariffs on goods coming from Mexico, Canada and China starting on the first day of his second term. But Trump’s planned tariffs on Chinese goods could also benefit some countries in Southeast Asia as factories may relocate from China to other places …

Trump's trade war with China is about to hit a hard wall of reality: columnist
1 month, 2 weeks ago

Trump's trade war with China is about to hit a hard wall of reality: columnist

Raw Story  

Donald Trump has already begun to ramp up threats of a trade war, with a vow to enact sharp new tariffs across the board on imports from Mexico, Canada, and China to strong-arm them into stopping the flow of drugs and migrants. But his plans may quickly fall apart, wrote Eduardo Porter for The Washington Post, because there are economic …

Trump threatens Mexico, China, and Canada with tariffs over immigration and drugs
1 month, 2 weeks ago

Trump threatens Mexico, China, and Canada with tariffs over immigration and drugs

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. Continuing, Trump said the higher import taxes would “remain in effect until such time …

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 fires salvo on North American trade pact
1 month, 2 weeks ago

Trump fires salvo on North American trade pact

Live Mint  

Donald Trump’s new tariff pledges send a clear signal that he wants to rewrite the terms of North America’s free-trade pact and follow through with plans to hit China with tariffs, demonstrating to allies and adversaries alike that he is serious about renewing confrontation over a global trading system that he believes costs the U.S. dearly. View Full Image President-elect …

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 …

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 …

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