us china trade war]
AP | | Posted by Ayshee Bhaduri
PUBLISHED ON FEB 24, 2021 03:27 PM IST
- Washington and Beijing have raised tariffs on billions of dollars of each other's goods, disrupting global trade.
UPDATED ON JAN 29, 2021 10:01 PM IST
- The trade deal Trump signed a year ago was one of his proudest accomplishments until the novel coronavirus spread from China to the US. Biden was able to cast the agreement as a sign Trump was too focused on his own political achievements, even as the world was on the brink of a deadly pandemic.
PUBLISHED ON JAN 26, 2021 02:31 PM IST
- Joe Biden won’t confront Beijing right away, economists say, because he wants to focus on the coronavirus and the economy. But he looks set to renew pressure over trade and technology grievances that prompted President Donald Trump to hike tariffs on Chinese imports in 2017.
PUBLISHED ON JAN 24, 2021 02:52 PM IST
The wording appears to indicate some continuity with former US President Donald Trump’s willingness to engage with Taiwan, at the risk of provoking the Chinese government, which sees the island as part of its territory.
PUBLISHED ON JAN 15, 2021 01:58 PM IST
That could be potentially crippling for Comac, which relies on American imports for its jet engines and other parts.
PUBLISHED ON JAN 10, 2021 02:24 PM IST
The US will remove decades-old, self-imposed restrictions on how its diplomats and other officials interact with Taiwan, a move that may inflame tensions with Beijing just a little over a week before President-elect Joe Biden is sworn in.
By Bloomberg | Posted by Ayshee Bhaduri
PUBLISHED ON DEC 22, 2020 11:10 PM IST
Jake Sullivan, national security adviser to US President-elect Joe Biden, weighed in with a tweet late on Monday referencing a story on the proposed EU-China accord. He urged “early consultation with our European partners on our common concerns about China’s economic practices.”
Beijing | By Associated Press | Posted by Ayshee Bhaduri
UPDATED ON DEC 22, 2020 06:24 PM IST
The visa action came in response to a State Department announcement Monday that said the US will deny visas to Chinese Communist Party officials whose policies or actions are aimed at repressing religious groups, ethnic minorities, dissidents or others.
Washington | By Press Trust of India
UPDATED ON MAY 01, 2020 06:26 AM IST
“We are getting billions and billions of dollars, many billions of dollars a month from China,” Trump said, referring to the massive tariffs he has imposed on the import of Chinese products into the US.
New York | By Agence France-Presse
PUBLISHED ON JAN 16, 2020 05:34 AM IST
The United States and China, signed Phase 1 of a trade deal on Wednesday, putting on pause a two-year-long trade war that has shaken up the global economy.
Beijing | By Agence France-Presse
UPDATED ON DEC 15, 2019 12:44 PM IST
China’s commerce ministry said on Friday it had agreed with the US a mini-deal that includes a progressive rollback of tariffs and the protection of intellectual property rights.
Brasilia | By Agence France-Presse
UPDATED ON NOV 15, 2019 09:06 AM IST
The United States is locked in a protracted trade war with BRICS titan China, while it also has sanctions on Venezuela, whose president Nicolas Maduro is backed by Beijing and Moscow.
Bangkok | By Reuters
PUBLISHED ON NOV 05, 2019 05:46 PM IST
The 15 participating countries make up nearly a third of the world’s people (it would have been nearly half with India). RCEP members account for nearly a third of global domestic product, with India’s departure making less of a difference.
Bangkok | By Reuters
UPDATED ON NOV 03, 2019 04:27 PM IST
Southeast Asian leaders meeting in Thailand hope to make progress on the China-backed Regional Comprehensive Economic Partnership (RCEP) - which would comprise 16 countries that account for a third of global gross domestic product and nearly half the world’s population.
Washington | By Reuters
UPDATED ON NOV 02, 2019 10:58 AM IST
The Chinese Commerce Ministry on Friday said the world’s two largest economies had reached “consensus on principles” during a “serious and constructive” telephone call between their main trade negotiators.
Washington | By Reuters
PUBLISHED ON OCT 31, 2019 02:44 PM IST
The White House said afterwards the United States still expects to sign an initial trade agreement with China next month, but no alternate location had yet been set for Xi and Trump to meet.
Washington | By Associated Press
PUBLISHED ON OCT 28, 2019 01:38 PM IST
Across the country, the US tourism industry is trying to counter the casualties of the trade war with China that is still raging despite this month’s temporary truce, with attempts being made to provide Chinese tourists with perks to rejuvenate the tourism industry.
Bloomberg, Bangkok | By HT Correspondent
UPDATED ON OCT 28, 2019 07:19 AM IST
The US had earlier said that it would suspend $1.3 billion of benefits under the generalized system of preferences, and that Thai seafood products will be removed from the program.
Mumbai | By Press Trust of India
UPDATED ON OCT 23, 2019 07:09 PM IST
At the interbank foreign exchange, the rupee opened lower at 71.01 then fell to 71.03 against the greenback, thus the domestic unit finally settled for the day at 70.91, higher by just 3 paise over its last close.
Singapore | By Reuters
UPDATED ON SEP 20, 2019 12:50 PM IST
Investors have long viewed Singapore as an island of stability that attracts the super-rich from its less developed Southeast Asian neighbours, as well as multimillionaires from mainland China.
Bloomberg | By Kevin Hamlin
UPDATED ON SEP 08, 2019 02:32 PM IST
As trade talks unraveled in acrimony in May, the US blamed China for walking back alleged commitments on issues including forced technology transfers.
Bloomberg | By Bruce Einhorn and Angus Whitley
UPDATED ON AUG 26, 2019 05:12 PM IST
Trump and his aides argue he has the right to eject American firms from the world’s largest consumer market. In a tweet Friday, the president told US companies “to immediately start looking for an alternative to China.”
livemint | By Tadit Kundu
UPDATED ON AUG 26, 2019 02:30 PM IST
The ride ahead won’t be easy for emerging markets such as India if the trade war morphs into a currency war
Bloomberg | By Angus Whitley and Adrian Leung
UPDATED ON NOV 01, 2018 08:41 AM IST
The Doing Business 2019 report shows that India and China have vaulted up rankings with wide-ranging reforms designed to give businesses and entrepreneurs fewer headaches.
Hindustan Times, New Delhi | By Rezaul H Laskar
UPDATED ON OCT 11, 2018 04:45 PM IST
The two nations need to deepen cooperation to fight trade protectionism and defend the multilateral trading system, says statement by Chinese embassy in Delhi.
Beijing | By Associated Press
PUBLISHED ON SEP 24, 2018 02:59 PM IST
The conflict stems from US President Donald Trump’s complaints Beijing steals or pressures foreign companies to hand over technology.
UPDATED ON SEP 19, 2018 11:47 AM IST
“This may be the beginning of the end of a major trend called globalization that created one of the periods of fast growth,” said Tao Dong, vice chairman for Greater China at Credit Suisse Private Banking in Hong Kong.
UPDATED ON SEP 18, 2018 06:30 PM IST
China’s richest man said the dispute could last 20 years and persist beyond the presidency of Donald Trump.
Beijing | By Reuters
PUBLISHED ON SEP 17, 2018 10:54 AM IST
The United States and China have already levied duties on $50 billion worth of each other’s goods in an intensifying row that has jolted global financial markets in the past few months.
UPDATED ON SEP 08, 2018 02:49 PM IST
US President Donald Trump said Friday he is considering another $267 billion of tariffs on China, which analysts said will affect virtually every category of consumer goods, to retaliate against what he calls unfair trade practices.