The White House could announce steep tariffs on imports from China as early as Thursday. They are expected to be worth as much as 60 billion dollars a year and target a wide range of goods. The United States says the move is in response to China aggressively acquiring U.S. technology.
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As for relations between the Chinese mainland and Taiwan, Li said he would pursue peaceful cross-strait relations, but would not tolerate any attempt to separate Taiwan from China.
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At least 45 trade group are united around a single message to the White House: tariffs will cause more harm than good.
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Trump’s proposed tariffs are set to go into effect next Friday. The move is aimed at reviving the U.S. manufacturing industry.
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The fallout continues from the U.S. decision to impose tariffs on steel and aluminum imports last week. The move caused outrage with U.S. trading partners abroad. But at home many U.S. steelworkers are delighted.
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Envoys from the EU, Japan and the U.S. are meeting in Brussels over the upcoming tariffs on steel and aluminum in a bid to secure exemptions.
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The worldwide reaction to the tariffs have been swift.
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Trump signs tariffs on steel and aluminum
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A number of Republican lawmakers are among those to publicly condemn the potential import tariff rises on steel. Wisconsin Governor Scott Walker warns the move will ‘backfire’ and cost jobs.
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The European Union, not knowing how its member nations will be impacted by the tariffs, earlier outlined American products that may be subject to retaliatory measures.
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Just weeks after the U.S. announced tariffs on solar panels – many of them made in China – Beijing announced an investigation into claims the U.S. subsidized sorghum farmers
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American allies and neighbors will be the hit the hardest, with Canada, the Republic of Korea and Mexico among the biggest exporters. China comes in on the same list as the 11th largest.
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Canada is pushing for an exemption from U.S. President Donald Trump’s plan to impose a tariff on steel and aluminum. No country would be harder hit than Canada, which is the largest foreign provider of both metals to the United States.
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China stepped up efforts curb financial risk, cutting its budget deficit target for the first time since 2012, and setting a growth target similar to last year’s, but with an important difference.
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Global backlash and jittery markets a day after the U.S. announces its plan to slap tariffs on steel and aluminum imports. The U.S. president is not backing down, and went as far as saying that ‘trade wars are good.’
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For years, Washington has blamed foreign importers of dumping cheap metals into the U.S. The finger has often been pointed at China. U.S. President Donald Trump says the practice has decimated American industry.
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The Trump administration said it is just cracking down on unfair trade practices. Officials noted they don’t want a trade war with China. Liu He’s visit may be their best chance at stopping one.
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One of China’s senior economic officials arrives in Washington this week. Politburo member Liu He hopes to defuse growing trade tensions. He’ll arrive as President Trump is considering a variety of trade measures against China, including tariffs on aluminum and steel. CGTN’s Nathan King has details.
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Using a rarely used law designed to protect industries vital to U.S. national security, commerce officials have sent a list of recommendations to U.S. President Donald Trump.
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Ambassador Cui Tiankai says better cooperation and trust can be mutually beneficial for China and the U.S.
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The solar industry has been growing at lightning speed in the U.S. and that’s meant exponential job growth. But the recent 30 percent tariff imposed by the Trump administration on solar panel imports is raising fears that growth could come to a screeching halt.
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In a long-expected move, the U.S. Trump Administration has approved a recommendation to impose a 30 percent tariff on imported solar panels. But many in the U.S. solar industry have come out against the decision.
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U.S. tariffs on solar panels and washers are the first in a series of trade actions expected to be levied by Washington.
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China, France and India are among the nations defending globalization against a wave of protectionist sentiment led by Donald Trump. Beijing is reinforcing its commitment to open markets, reform and global growth, but it’s not happy about new U.S. Tariffs imposed this week.
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China is expressing “strong dissatisfaction” over the U.S. decision to impose tariffs on the imported solar panels and washing machines. It’s a global tariff, but it will affect China the most due to its current market share. South Korea will also be hit hard by the new tariffs on washing machines.
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U.S. President Donald Trump slaps tariffs on certain products from China and South Korea. Plus negotiations resume on the fate of NAFTA.
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The leaders of India and Canada deliver speeches at opening of World Economic Forum. They voiced support for free trade but see the need for changes in global trade.
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U.S. President Donald Trump slapping tariffs on Chinese solar cells — starting at thirty percent. The tariffs are expected to go into effect February 6, 2018.
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The China General Chamber of Commerce just hosted its annual Lunar New Year gala in New York to highlight the importance of business ties between the world’s two largest economies. But, Washington’s protectionist policies are still taking the stage.
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Seoul and Washington began their first negotiations, Friday, on amending the free trade agreement they signed five years ago, known as KORUS.
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During his election campaign, Donald Trump consistently took a hard line on China. But analysts say he has relaxed his stance toward Beijing.
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From climate change to the trade deficit, here’s how data collected by the U.S. and Chinese governments highlight the complexity of the U.S.-China relationship.
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The “Made in China 2025” initiative hopes to use innovative ideas and technology to upgrade manufacturing quality and standards.
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Chinese companies are increasingly coming to America to manufacture their products, citing lower costs, lots of land, and easier access to their customers.
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U.S. President Donald Trump recently explained why he’s waiting on implementing steel tariffs. rump wants to penalize China for producing more steel than it can use, accusing their overcapacity of depressing global steel prices.
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China’s Ministry of Commerce is responding forcefully to the new US ruling to impose high anti-dumping and anti-subsidy tariffs on Chinese tires exports. Both the Chinese government and Chinese tire industry say the investigation is flawed and unfair.
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This is not the first time that Chinese tires have been the target of US punitive tariffs. There’s a question as to whether the tariffs actually work. In April 2009, the United Steelworkers filed for a similar investigation into Chinese-made passenger vehicles and light truck […]
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One of the most divisive technology issues between China and the European Union was resolved on Monday. The two major trade partners officially reached a deal ending a dispute over Chinese exports of telecoms equipment. CCTV America’s Jack Barton reports.
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CGTN America