China rebuilt itself with money drained out of US: Trump
6 years, 3 months ago

China rebuilt itself with money drained out of US: Trump

India TV News  

President of the United States, Donald Trump on Wednesday claimed China rebuilt itself with the "tremendous amount" of money pouring out of the US. China has been taking out USD 500 billion a year from the US, Trump said. "When a country has USD 375 billion in trade deficits, and then many billions of dollars in other liabilities of all different types, one has to do something about it," said the US president. The United States has become a “piggy bank” to the countries of the world, Trump said, adding the nation has been "ripped off by everyone".

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History of this topic

Trump can do a business deal with China
Trending News
1 month, 3 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, 3 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, 3 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 2.0 won’t reverse Biden’s critical minerals push: Andy Home
1 month, 3 weeks ago

Trump 2.0 won’t reverse Biden’s critical minerals push: Andy Home

Live Mint  

By Andy Home LONDON, - Donald Trump has described the Inflation Reduction Act as a "green scam" and vowed to repeal it after he returns to the White House in January. But some of the "new green deal" money has also been channeled to the U.S. industrial base, such as the $75 million allocated for an upgrade of Constellium's aluminium …

Trump slams ‘manchurian’ Biden’s military policies as ‘insane’, claims China ‘killing US as a country'
6 months, 2 weeks ago

Trump slams ‘manchurian’ Biden’s military policies as ‘insane’, claims China ‘killing US as a country'

Hindustan Times  

Donald Trump accused China of “killing” the US and alleged that Joe Biden was bringing the America closer to a world war during the first debate ahead of November’s presidential election. “China is going to own us if you keep allowing them to do what they’re doing to us as a country,” Trump told Biden during a televised debate on …

Trump maintained bank accounts in China even after becoming US President, income tax return reveals
2 years ago

Trump maintained bank accounts in China even after becoming US President, income tax return reveals

India TV News  

In one of its last acts under Democratic control, the House of Representatives on Friday released six years of former President Donald Trump's tax returns, dating to 2015, the year he announced his presidential bid. Trump reported a bank account in China in his tax returns for 2015, 2016 and 2017. MONEY FROM THE ARTS WORLD Trump collected a $77,808 …

Want to know what we could have done with all of the money we’ve wasted in the last 20 years​? Look at China
3 years, 4 months ago

Want to know what we could have done with all of the money we’ve wasted in the last 20 years​? Look at China

Raw Story  

All the recrimination-filled reporting and commentary about how fast Afghanistan fell to the Taliban after President Biden made the courageous decision to finish withdrawing our troops miss a much more important story. Last Civil War Check It wasn't until last year when Irene Triplett died and her $73.13 monthly check stopped, that American taxpayers paid out the last pension from …

China Cuts Its Trillion-Dollar Nose to Spite America’s Face
3 years, 5 months ago

China Cuts Its Trillion-Dollar Nose to Spite America’s Face

The Quint  

Tomes have been written about how Deng Xiaoping transformed China into a multi-trillion-dollar economic superpower to rival America. The Amazing Race Between China’s Hare and India’s Tortoise, I have postulated the “escape velocity” model, powered by two engines borrowed from the Soviet Union and Japan that enabled China to become the second-largest global economy, snapping at America’s heels. Using communist …

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

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 …

'We built China': Trump claims country 'took advantage' of US in false claims about tariffs
4 years, 9 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 …

US-China trade deal negotiations hit another snag
5 years, 2 months 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 China a threat to world, using US money to expand its military might
5 years, 3 months ago

Donald Trump says China a threat to world, using US money to expand its military might

Firstpost  

Donald Trump has said the Communist nation is a threat to the world and blamed his predecessors for not stopping it from stealing America’s intellectual property. Washington: Expressing concern over China’s growing military might, US President Donald Trump has said the Communist nation is a threat to the world and blamed his predecessors for not stopping it from stealing America’s …

China lost trillions and 3-million jobs: Trump
5 years, 4 months ago

China lost trillions and 3-million jobs: Trump

India TV News  

US President Donald Trump has claimed that China had lost trillions of dollars and three-million jobs due the tariffs his administration had imposed against the country. Trump asserted that the United States was doing very well against China, adding that the Chinese wanted to negotiate a trade deal "very badly". and China has lost many, many trillions of dollars, including …

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 …

'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 …

China isn’t the economic manipulator in this trade war. Trump is
5 years, 5 months ago

China isn’t the economic manipulator in this trade war. Trump is

CNN  

Editor’s Note: Jeffrey Sachs is a professor and director of the Center for Sustainable Development at Columbia University. There was nothing magicalabout the 7.0 threshold except for the fact that China had implicitly resisted its currency weakening beyond 7.0 in the interest of closing a trade deal with the United States. On the second test, China’s current account surplus is …

US President Donald Trump warns China of substantial increase in import tariffs
5 years, 5 months ago

US President Donald Trump warns China of substantial increase in import tariffs

India TV News  

US President Donald Trump Friday warned of imposing substantial tariffs on imports from China if the trade negotiations do not go well. It goes on September 1," Trump said a day after he announced to impose 10 per cent tariff on Chinese products worth nearly USD 300 billion. Observing that the US was "so far behind" China before he became …

Trump vows China’s economy won’t surpass US on his watch
5 years, 7 months ago

Trump vows China’s economy won’t surpass US on his watch

Live Mint  

Hong Kong: US President Donald Trump said he was “very happy” with the trade war and that China wouldn’t become the world’s top superpower under his watch. “We’re taking in billions of dollars,” Trump told Fox News Channel when asked about the end game on the trade war. “China is obviously not doing well like us.” Trump’s comments signal he’s …

Editorial: Trump’s tit-for-tat trade war with China escalates again
5 years, 8 months ago

Editorial: Trump’s tit-for-tat trade war with China escalates again

LA Times  

Containers are offloaded from a ship docked at the Port of Oakland in Oakland, Calif., on May 13. That’s the main reason President Trump has tried to raise the pressure on China by imposing ever-larger tariffs on a growing number of Chinese goods. Trump’s decision to ratchet up tariffs came after a setback in his effort to persuade Chinese leaders …

Fact Check: Donald Trump casts fog of misinformation over Sino-American trade dispute, claims US 'lost $500 billion a year for many years' to China
5 years, 8 months ago

Fact Check: Donald Trump casts fog of misinformation over Sino-American trade dispute, claims US 'lost $500 billion a year for many years' to China

Firstpost  

Mueller noted some Trump campaign officials, including Trump Jr., had declined to testify while others had provided incomplete or false testimony, making it difficult to get a complete picture of what happened during the 2016 campaign. Mueller said he considered bringing charges against Trump’s son and others but ultimately wasn’t sure if he could prove “beyond a reasonable doubt” that …

Donald Trump says China ‘broke the deal’ in trade talks with US
5 years, 8 months ago

Donald Trump says China ‘broke the deal’ in trade talks with US

Live Mint  

President Donald Trump declared China’s leaders “broke the deal” he was negotiating with them on trade, ratcheting up his rhetoric ahead of fresh negotiations that were already clouded by imminent tariff increases and China’s threats of retaliation. “Good man,” Trump said, “but they broke the deal.” The US has said it would raise tariffs on $200 billion of Chinese goods …

China overplayed its hand with Trump on trade, and it could cost them dearly
5 years, 8 months ago

China overplayed its hand with Trump on trade, and it could cost them dearly

CNN  

Hong Kong CNN — China and the United States were moving towards an agreement to end a months-long trade war when, suddenly, it all fell apart this week. Speaking at a rally in Florida later Wednesday, Trump said the new tariffs were because China “broke the deal.” “You see the tariffs we’re doing?” the President asked his supporters. In April, …

Donald Trump turns up pressure on China; threatens to hike tariffs on $200 bn Chinese goods
5 years, 8 months ago

Donald Trump turns up pressure on China; threatens to hike tariffs on $200 bn Chinese goods

Firstpost  

Donald Trump has portrayed his tariffs as a moneymaker for the United States and a benefit to the US economy Washington: President Donald Trump turned up the pressure on China on Sunday, threatening to hike tariffs on $200 billion worth of Chinese goods. Trump turned up the heat by saying he would raise import taxes on $200 billion in Chinese …

Fact-checking (yet again) Donald Trump on China tariffs
5 years, 8 months ago

Fact-checking (yet again) Donald Trump on China tariffs

CNN  

CNN — Days ahead of what have been billed asthe final round of China and US trade talks, President Donald Trump tweeted Sunday that he would be increasing tariffs on most Chinese exports to the US to 25%. Twice on Sunday, the President claimed that China is paying the cost of these tariffs and that “ariffs paid to the USA …

Trump Suspends China Tariff Hike, Citing Progress In Trade Talks
5 years, 10 months ago

Trump Suspends China Tariff Hike, Citing Progress In Trade Talks

NPR  

Trump Suspends China Tariff Hike, Citing Progress In Trade Talks Enlarge this image toggle caption Mandel Ngan/AFP/Getty Images Mandel Ngan/AFP/Getty Images President Trump will hold off raising tariffs on hundreds of billions of dollars in Chinese imports, after what he called "very productive" trade talks in Washington this weekend. Trump tweeted that the two sides had made "substantial progress" on …

Opinion | Donald Trump shouldn’t take the easy way out over China
5 years, 11 months ago

Opinion | Donald Trump shouldn’t take the easy way out over China

Live Mint  

When it comes to the trade talks with China, US President Donald Trump and his negotiators have more leverage than any US administration has ever had. Chinese policymakers are desperate for a trade deal with the US in order to avoid more damage to China’s economy by further pressuring its trade surplus and export industries. There is speculation that Trump …

China creates its own success, says Foreign Ministry
6 years, 3 months ago

China creates its own success, says Foreign Ministry

China Daily  

Foreign Ministry spokesman Lu Kang gives a news conference on Oct 10, 2018. China has refuted claims by United States leaders that "the US really rebuilt China", saying that the development of any country ultimately depends on itself. Foreign Ministry spokesman Lu Kang said at a news briefing on Wednesday that China mainly owes its tremendous achievement in development to …

China creates its own success, says Foreign Ministry
6 years, 3 months ago

China creates its own success, says Foreign Ministry

China Daily  

Foreign Ministry spokesman Lu Kang gives a news conference on Oct 10, 2018. China has refuted claims by United States leaders that "the US really rebuilt China", saying that the development of any country ultimately depends on itself. Foreign Ministry spokesman Lu Kang said at a news briefing on Wednesday that China mainly owes its tremendous achievement in development to …

Trump’s trade war with China just got a whole lot bigger
6 years, 3 months ago

Trump’s trade war with China just got a whole lot bigger

CNN  

CNN — The trade fight between the United States and China intensified Monday as the two economic superpowers hit each other with their biggest round of tariffs yet. The Trump administration imposed new 10% tariffs on $200 billion of Chinese goods just after midnight ET, spanning thousands of products, including food seasonings, baseball gloves, network routers and industrial machinery parts. …

Donald Trump to announce new tariffs on China
6 years, 3 months ago

Donald Trump to announce new tariffs on China

The Hindu  

U.S. President Donald Trump plans to announce new tariffs of about $200 billion on Chinese imports as early as Monday, the Wall Street Journal reported on Saturday. Restarting trade talks Mr. Trump had already directed aides to proceed with tariffs, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said on …

US-China trade war: Trump intensifies tariff war, threatens to slap tariffs on $500 bn of Chinese imports
6 years, 5 months ago

US-China trade war: Trump intensifies tariff war, threatens to slap tariffs on $500 bn of Chinese imports

India TV News  

US President Donald Trump has said he is ready to intensify his trade war with China by slapping tariffs on all imports worth $500 billion. The President said the US was "being taken advantage of" on a number of fronts, including trade and monetary policy. Trump also said he was told by unspecified Chinese officials that "nobody would ever complain" …

Trump Is Ready To Go All In On Trade War With China
6 years, 5 months ago

Trump Is Ready To Go All In On Trade War With China

NPR  

Trump Is Ready To Go All In On Trade War With China Enlarge this image toggle caption China Stringer Network/Reuters China Stringer Network/Reuters President Trump threatened to impose tariffs on every product imported from China, dialing up the pressure in the growing trade dispute between the world's two economic superpowers. In an interview with CNBC broadcast this morning, Trump said, …

Trump launches new tariffs on China
6 years, 6 months ago

Trump launches new tariffs on China

CNN  

New York CNN — The Trump administration is preparing another round of tariffs on Chinese goods worth $200 billion, ramping up the US-China trade war. China’s Commerce Ministry said Wednesday that the Trump administration’s announcement of new measures was “unacceptable.” It warned that China would have to respond with “necessary countermeasures” without providing details. When Trump first threatened last month …

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