Tax cuts and tariffs have not caused a significant return of factory activity, data from the government and other sources show.
Tag: United States Economy
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.
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.
Trump’s Asia Gamble: Shatter Enduring Strategies on China and North Korea
Trump officials are pursuing unorthodox Asia policies that are winning more support across Washington, including from some Democrats. But the moves could deepen conflicts.
Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation.
A China-U.S. Trade Truce Could Enshrine a Global Economic Shift
Though details are scarce, any peace that leaves higher American tariffs in place could continue to hurt China’s status as the world’s factory floor.
U.S. and China Angle for Trade Truce, but Both Insist the Other Will Back Down
As President Trump prepares for a pivotal meeting with President Xi Jinping of China, both countries say they do not need to compromise to bring a bruising trade war to an end.
Trade Wars Stoke Economic Fear as G-20 Finance Ministers Gather in Japan
Treasury Secretary Steven Mnuchin will meet China’s central bank governor in the first meeting of senior officials from the countries since trade talks broke down.
The Global Economy Was Improving. Then the Fighting Resumed.
The escalating trade war between the United States and China is threatening the global economy.
The New New World: In China, Some Fear the End of ‘Chimerica’
As the trade war with the U.S. threatens to decouple the world’s two largest economies, some in China argue that the two sides benefit from the relationship more than they admit.