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....
WASHINGTON, April 6 (Xinhua) -- U.S. President Donald Trump on Thursday threatened to slap tariffs on 100 billion U.S. dollars of imports from China, drawing strong opposition from China and threatening America's own economic growth. China will fight "at any cost" and take "comprehensive c...
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...
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...
CNBC's Kayla Tausche reports on the latest developments in the mounting trade tensions between the United States and China as President Trump threatens another $200 billion in tariffs if China keeps retaliating against the U.S. tariffs.
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 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...
China's steel export push raises trade tensionsApril 21, 2016 / 8:37 AM EDT / AP BEIJING -Regulators told Chinese banks on Thursday to finance steel exports to help reduce a supply glut in a move that could worsen trade tensions with Europe and the U.S. Beijing faces pressure from ...
BEIJING — China’s June trade grew by double digits amid mounting tension with Washington but Beijing warned its exporters face “rising instabilities and uncertainties.” Article content Exports rose 11.3 per cent over a year earlier to $216.7 billion, down from May’s 12.6 per cent growth, ...