The US-China tariff tensions, escalating over the past month with "reciprocal tariffs" exceeding 100 percent, continue to inflict economic damage on both nations. Experts, however, suggest that the United States faces greater challenges and losses compared with China.Scheduled talks this weekend in ...
However, because China is the economic dynamo of Asia, not to mention a significant contributor to growth across the world, its words and follow-up actions were certain to be the most scrutinized. Beijing's serious, but necessary and appropriate, response again indicated to the world that it ...
On April 2, 2025, U.S. President Donald Trump announced sweeping tariffs, framing them as a corrective measure for what he described as decades of "unfair trade practices" harming American economic interests. The move has drawn scrutiny for its potential impact on nations like Laos, Cambodia, ...
Trump has also pledged to “end reliance on China” by adopting a range of trade barriers, of which the most extreme is revoking China’s most-favored national (MFN) status. This proposal has receivedsupportfrom bipartisan bodies such as the US House Select Committee on the Chinese Communist ...
"President Biden has committed to not seeking to 'decouple' from China or halt China's economic development. We urge the US to follow through on that commitment, stop?politicizing, instrumentalizing and weaponizing tech and trade issues, immediately cancel the wrong decisions, remove the restrictio...
Economic statecraftgeoeconomic competitionLatin AmericaUnited States-China relationsBelt and Road InitiativeGeopolitical competition between the United States and China has led to an increased reliance on economic statecraft. In this context, understanding the conditions that trigger trade, aid, ...
This is an editorial from China Daily.The opportunity to stabilize bilateral economic and trade relations risks being squandered by the US, which took new measures on Wednesday to try and prevent other countries from dealing with China in the artificial intelligence semiconductor sector.In a bid to...
it has in its own advantages — its huge market and complete industry chains — but also, and more importantly, in the fact that this is a tariff war that has been imposed on China. In essence the aim of the US is not to construct a fair trade order but to extract economic gains ...
especially from Europe, some resale businesses could face new cost pressures. However, with the secondhand market projected to reach $73 billion by 2028, resale is positioned to become a major force in the fashion industry as traditional retail grapples with rising costs and economic uncertainty. ...
and the practice of "long-arm jurisdiction" disrupts the international trade order and rules, obstructs normal economic and trade exchanges among nations, and harms the legitimate rights and interests of Chinese enterprises and individuals, ...