“Beijing is extending an olive branch and urging the U.S. to resolve trade disputes through dialogue rather than tariffs,” said economist Vishnu Varathan of Mizuho Bank in a report. “Nevertheless, the first volley of shots and retaliatory response has been set off.” The ministry said Beij...
In an escalating spat over theUnited States' trade deficit with most of its major trading partners, including China, U.S. President Donald Trump said last week he waspushing ahead with hefty tariffson $50 billion of Chinese imports, starting on July 6. China said Friday it would retaliateby...
China on Monday announced it would raise tariffs on US$60 billion of US goods from June 1 in the latest escalation of the trade war between the world’s two biggest economies. tariffs 关税 escalation 增加、扩大 In a statement on its website on Monday night, the Chinese Ministry of Finance...
In an escalating spat over the United States' trade deficit with most of itsmajor trading partners, including China, U.S. President Donald Trump said last week he was pushing ahead with hefty tariffs on $50 billion of Chinese imports, starting on July 6. China said Friday i...
BEIJING (AP) — China's government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington. Sunday's announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and ...
The penalties were imposed in response to Trump's decision to slap 25 percent tariffs on $50 billion of Chinese goods and a 10 percent charge on another $200 billion. The second tariff was due to rise Jan. 1 until Trump agreed to the postponement. ...
Click "PACE西外新传" to follow us!Weekly Digest| China 1 China Mulls Tariff Increase on US Imports The Trump administration has announced another $60 billion worth of tariffs on China while also preparing to file new complaints against China at the World Trade Organization, raising concerns of ...
China will increase tariffs on US LNG imports to 25% from 10% effective from June 1, the State Council under the Finance Ministry said in a statement late Monday, but it left out US crude imports from its current tariff lists.Eric Yep...
China's position on the US's unilateral imposition of additional tariffs on Chinese products is consistent, and China has on multiple occasions lodged solemn representations with the U.S. side concerning the Section 301 tariffs, said a spokesperson for the ministry. ...
The Section 301 tariff exclusions on U.S. imports from China are undergoing mandatory reviews and new tariffs may affect importers from June 2024. Stay up to date with our dedicated newsfeed. 21/05/2024 New proposed Tariffs increase After the mandatory review of Section 301 tariffs on US ...