The American imports spared by Beijing include lubricants, pesticides and cancer drugs but not the major agricultural products that Washington considers crucial to making a trade deal.
Tag: Customs (Tariff)
China’s Pork Prices Soar, Adding to Beijing’s Troubles
Chinese grocery bills were already rising because of the trade war. Officials are now calling for “an attitude of urgency.”
Mexico Says It Has Cut the Number of Migrants Heading to U.S.
The government, which had faced economic pressure from the Trump administration, said the flow had been cut in half since spring.
As Trump Escalates Trade War, U.S. and China Move Further Apart With No End in Sight
The standoff is upending the relationship between the world’s two largest economies.
Trump’s Push to Bring Back Jobs to U.S. Shows Limited Results
Tax cuts and tariffs have not caused a significant return of factory activity, data from the government and other sources show.
Trump’s Push to Bring Back Jobs to U.S. Shows Limited Results
Tax cuts and tariffs have not caused a significant return of factory activity, data from the government and other sources show.
China Signals It Will Continue to Weaken Its Currency as Trade War Rages
The country’s central bank guided the renminbi past another key point, suggesting Beijing could weaponize it if Trump imposes more tariffs.
In Trade War, China’s Hard-Line Stance Risks Economy
The Chinese leader, Xi Jinping, wants to appear strong in the face of President Trump, even if it means enduring the economic fallout.
How Does China’s Currency Move Put Pressure on U.S.?
A weaker renminbi blunts President Trump’s tariffs on Chinese-made goods. But the strategy carries risks beyond worsening relations with the United States.
China’s Currency Moves Escalate Trade War, Rattling Markets
The trade war intensified Monday, as Beijing allowed its currency to weaken and the Treasury Department labeled China a currency manipulator.