A 90-day pause on punishing tariffs could restart trade between the world’s largest economies. But it is not enough to resolve uncertainty about the economy.
Tagged By beijing
White House reduces tariff on low-cost imports from China
The Trump administration has lowered the tariff on low-value shipments (under $800) from China and Hong Kong from 120% to 54%, as part of a temporary trade
Shenzhen establishes 5b yuan fund to boost semiconductor industry development
China’s innovation and technology hub, Shenzhen in South China’s Guangdong Province, has established a 5 billion yuan ($694 million) investment fund for the semiconductor and integrated circuit …
China cracks down on rare-earth minerals before trade talks with US
China signaled its intention to use its dominance in the rare-earths market as leverage when it announced a broad campaign to stop the illegal export of critical minerals just one day before …
China’s Plans To Woo Europe Hit by Setback
Brussel’s envoy to Beijing said that “the situation is not improving” during candid remarks on trade ties Friday.
Wall Street dips as euphoria over China-US trade truce fades and new inflation data arrives
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
UBS’s Lo says investors diversifying from U.S. to gold, China
UBS Group AG’s rich clients are increasingly shifting away from US-dollar assets, turning instead to gold, crypto and China, according to the Swiss bank’s co-head of wealth management for Asia.
China lifts Boeing ban following 90-day trade deal with White House: report
China has lifted its month-long ban on Boeing deliveries following the nation’s trade truce with the White House, according to a report. Beijing officials have told domestic carriers and government …
China sees slight uptick in COVID infections, but scale within manageable range
In recent weeks, China has observed a slight uptick in COVID-19 infections, though experts emphasize the situation remains within a manageable and relatively stable range, People’s Daily’s health …
China to adjust tariff rates on US goods from May 14, says finance ministry
China will lower its tariffs on U.S. goods to 10% for an initial 90 days starting from 12:01 pm (0401 GMT) on Wednesday, Chinese finance ministry said in a statement on Tuesday.
Trade Chaos Raises Big Question: Why Does China Eat So Many American Pistachios?
China’s big appetite for the small, green “happy nuts” drives nearly a third of the $3 billion U.S. crop, centered in California.
China’s Xi touts stability to Latin America amid Trump’s global tariffs
There are no winners in a trade war, Chinese President Xi Jinping told Latin American leaders and other officials in Beijing on Tuesday, as he sought to project unity with the region a day after…
‘Trump Was Forced to Back off’: Even Fox Business Reporter Thinks President Caved on China Tariffs
Charles Gasparino suggested that the president had to eventually wake up and fix the mess he created with his economic war.
