The standoff is upending the relationship between the world’s two largest economies.
Tag: Customs (Tariff)
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.
China’s Currency Weakens in a Potential Challenge to Trump
The renminbi fell past the key point of 7 to the U.S. dollar, in a signal that Beijing may be willing to use devaluation as a trade war weapon.
China Reacts to Trade Tariffs and Hong Kong Protests by Blaming U.S.
Now the gloves are off, with American and Chinese negotiators making little progress at talks in Shanghai this week.
U.S.-China Trade Talks End With No Deal in Sight
Negotiators left Shanghai on Wednesday with little immediate sign of progress as both sides appear to be settling in for a long economic clash.