That’s because President Donald Trump said on Tuesday that a new 10% across-the-board tariff on Chinese goods could be enacted as soon as February 1. Unlike Mexico and Canada, which largely avoid ...
Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy ...
India’s government is evaluating options ranging from a trade deal, cutting tariffs and importing more goods from the US if ...
But more broadly, Trump has also accused China of unfair trade practices. China, the world’s largest exporter, has a massive balance of trade advantage with the US. In the first 11 months of 2024, ...
Ding Xuexiang also tells Davos that Beijing isn’t pursuing a trade surplus and there are ‘no winners in a trade war’.
As President Trump entered his second term, the trade war he started with China and which former President Biden kept in ...
Overall, Trump’s second-term foreign policy, defense, and economic appointments suggest that security issues will dominate in Asia, despite his grumbling about trade imbalances. In addition, they ...
China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to ...