The U.S. has clashed repeatedly with China over its textile and garment exports over the past year, but the fact that the EU has also formally initiated a response raises the stakes. If the US and China are unable to resolve the dispute then the US will impose quotas on imports of the...
For Kumar Kincun, who has been coming to the outlets on Thanksgiving for the past nine years, this year is certainly different. Despite generally stable prices at this moment, Kincun said he is "definitely" concerned about the additional tariffs resulting from the U.S.-China trade tensions....
CHICAGO, May 11 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural commodities closed lower on Friday with trade tensions with China sending soybean market significantly lower. The most active corn contract for July delivery fell 5.5 cents, or 1.37 percent to settle at 3.965 dollars per bus...
President Trump appeared to be moving to ease trade tensions with China, as he tweeted that ZTE should not be forced out of business.
U.S. and European multinational firms are getting more cautious about their capital investments in China due to geopolitical concerns, according to a risk consultancy. Richard Martin, managing director of IMA Asia, said the ongoing U.S. trade tensions with China is the main reason for the caut...
Trump ratchets up trade tensions with new Chinese tariff proposal Donald Trumphas decided to gamble his presidency on the idea that he can threaten big tariffs on China and force the world's second-largest economy to back down. If he fails — and the odds are that he will —th...
The current tensions between China and the Philippines have become "increasingly concerning," with the "potential to unnecessarily escalate into a crisis that could destabilize the economic development trajectory of the Philippines, China, and the broader Asian region," warned Cecilio K Pedro, President...
Top Chinese experts have warned the U.S. moves to escalate trade tensions with China will cause disruption to the global economy. They believe that no one will benefit from the trade war. The scholars and experts sounded the alarm at a seminar on China-U.S. trade ties. ...
The announcement came just hours after Beijing confirmed that Vice Premier He Lifeng will meet U.S. Treasury Secretary Scott Bessent in Switzerland later this week for talks on tariffs and broader trade issues — signaling a potential thaw in U.S.-China relations.These will be the first ...
Spain, which initially supported the tariffs in a preliminary EU vote in July, has significant trade ties with China, being the largest EU exporter of pork to China. Given these ties, Spain is wary of escalating trade tensions and the potential impact of a trade war. ...