Trump Threatens Tougher Tactics With China on Trade
President Donald Trump is threatening to get “much tougher” with China on trade if he wins re-election in 2020.
July 30, 2019Majority of Trade Aid Went to Biggest Farms, Study Finds
More than half of the Trump administration’s trade war aid for farmers went to just 10% of the recipients in the program, according to analysis of payments by an environmental organization.
US-China Talks Set to Resume as Neither Seems Eager for Deal
Almost three months after their trade talks broke down in acrimony, Chinese and American negotiators meet again in Shanghai this week amid tempered expectations for breakthroughs in their yearlong trade war.
July 29, 2019Aluminum Giant’s CEO Sees Trade War’s Lasting Impact on Use
The trade war between the U.S. and China that’s clouded the global growth outlook will have a lasting negative effect on aluminum demand, Norsk Hydro ASA CEO Hilde Merete Aasheim said.
China Allows Some Tariff-Free US Cotton, Pork Purchases
The Chinese government has approved several domestic companies to buy U.S. cotton, corn, sorghum and pork without being subject to hefty retaliatory tariffs, according to people familiar with the situation.
July 26, 2019GDP Growth of 1.8% Seen for 2Q
Trade tensions likely helped push down U.S. economic growth last quarter to match the slowest pace of Donald Trump’s presidency, with a robust consumer spending keeping things from looking even worse.
China Approves Tariff-Free US Soybean Purchases
The Chinese government has given the go-ahead for five companies to buy up to 3 million tons of U.S. soybeans free of retaliatory import tariffs as trade negotiations between the two nations continue, according to people familiar with the situation.
July 24, 2019Trump, Xi Struggle to Chart Path for Trade Talks
Slow progress and disagreement on key initial demands from Presidents Donald Trump and Xi Jinping is raising doubts about whether the U.S. and China will actually return to the negotiating table to overcome their much deeper differences.
Trump Says He Could Impose More China Tariffs
President Donald Trump reiterated that he could impose additional tariffs on Chinese imports if he wants, after promising to hold off on more duties in a trade-war truce he reached with China’s Xi Jinping last month.
US, China’s Top Trade Officials Make First Contact Since Truce
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone with their Chinese counterparts as the two sides relaunch trade talks, marking the first high-level contact since their presidents agreed to a tentative truce last month.