This study assesses the impacts of the China-US trade war on the global forest product markets using the bilateral trade flow module of the Global Forest Products Model. Two alternative scenarios are compared to the business-as-usual situation: (1) the US charges 25% tariff on $200 billion...
Bilateral trade between the United States and China set a new record last year. Now, when you zoom out from economics, we are competing with China on multiple dimensions, but we are not looking for confrontation or conflict. We’re looking to manage competition responsibly and seeking to work...
BEIJING, June 6 (Xinhua) -- China-U.S. trade has been mutually beneficial, and the United States has reaped substantial benefits from bilateral economic and trade cooperation, China's Ministry of Commerce said Thursday in a research report. "China-U.S. economic and trade cooperation has reach...
SUMMARYOFUS-ChinaBilateralWTOTradeAgreementSUMMARY OF U.S.-CHINA BILATERAL WTO AGREEMENT February 2, 2000 AGRICULTURE The Agreement would eliminate barriers and increase access for U.S. exports across a broad range of commodities. Commitments include: Significant cuts in tariffs that will be completed...
While those thorny issues are not expected to be addressed through a single trip, there should be talks at least on how to address them, as they remain sticking points in the bilateral economic and trade relationship that prevent any meaningful improvement in bilateral ties, analysts said. The ...
China surpassed the US as Africa's largest trade partner as long ago as in 2009, with total bilateral trade reaching more than $254 billion in 2021, a 35 percent rise on 2020 with US trade with the continent remainin...
China Briefing previously monitored and documented major developments during the US-China trade war in the Trump era. Here, we present a fresh timeline that will track key developments affecting bilateral ties between the world’s two largest economies under the Biden administration. US-China relation...
During that meeting, Wang assured the business leaders of the "certainties" of China's development prospects, its determination to advance reform and expand opening-up, its policies regarding the US, its readiness to strengthen bilateral trade and economic cooperation, and its willingness to develop...
America. It is encouraging that official and societal contacts between the US and China since 2023 have clarified the upper limits and lower bounds of bilateral ties. While achieving significant improvements in China–US relations may be challenging, a more stable state of affairs can be ...
Income Distribution, Intra-industry Trade and Foreign Direct Investment in East Asia We distinguish intra-industry trade as either horizontally or vertically differentiated, using bilateral exports and imports data for Japan and the rest of the East Asian countries at the 5-digir SITC during 1990 ...