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China
(In Trade)
August 07, 2019
August 07, 2019
U.S. consumers paid roughly $6 billion in tariffs in June, according to Tariffs Hurt the Heartland.
(Daily News)
August 07, 2019
August 07, 2019
Senate Finance Committee Chairman Chuck Grassley (R-IA) expects to hold a hearing in late September or early October on a compromise bill to rein in President Trump’s tariff authority, he told reporters on Wednesday.
(Daily News)
August 07, 2019
August 07, 2019
Senate Finance Committee Chairman Chuck Grassley (R-IA) expects to hold a meeting of the panel in late September or early October on a compromise bill to rein in President Trump’s tariff authority, he told reporters on Wednesday.
(Daily News)
August 06, 2019
August 06, 2019
The People’s Bank of China has responded to the U.S. Treasury Department’s classification of China as a currency manipulator by pointing out that Beijing does not meet the Treasury’s own criteria for the label, arguing that the decision was instead based solely on the escalating U.S.-China trade tensions.
(Daily News)
August 06, 2019
August 06, 2019
While an escalating trade fight between Japan and South Korea is already affecting U.S. supply chains, the Trump administration has yet to show definitively whether it plans to intervene -- though industry officials and analysts say they would like to see the U.S. do so.
(In Trade)
August 06, 2019
August 06, 2019
“The president has said 'You know, if you make a good deal or good progress on a deal, maybe he'll be flexible on the tariffs.' On the other hand, if there's no progress on the deal, maybe they'll get worse.”
(In Trade)
August 05, 2019
August 05, 2019
“As a result of this determination, Secretary Mnuchin will engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China’s latest actions.”
(Daily News)
August 05, 2019
August 05, 2019
China’s Ministry of Commerce announced on Monday that Chinese companies have suspended purchases of U.S. agricultural products in retaliation for 10 percent tariffs on $300 billion worth of U.S. goods that the Trump administration announced last week.
(In Trade)
August 05, 2019
August 05, 2019
Trump: “It’s called 'currency manipulation.' ... This is a major violation which will greatly weaken China over time!”
(Daily News)
August 02, 2019
August 02, 2019
China on Friday promised to retaliate against the U.S. after President Trump said the U.S. would impose new tariffs on Chinese goods, further escalating trade tensions just days after negotiators met in Shanghai.
(Daily News)
August 01, 2019
August 01, 2019
China will not be able to negotiate a delay to the Sept. 1 imposition of tariffs on roughly $300 billion worth of Chinese goods, President Trump said on Thursday.
(Daily News)
August 01, 2019
August 01, 2019
The U.S. on Sept. 1 will impose a 10 percent tariff on $300 billion worth of Chinese goods -- nearly all not yet subject to Section 301 restrictions -- because of China’s failure to buy U.S. agricultural goods and curb the flow of fentanyl to the U.S., President Donald Trump announced on Thursday.
(File Document)
July 31, 2019
July 31, 2019
(In Trade)
July 31, 2019
July 31, 2019
The bill would charge the Federal Reserve with achieving a current account balance within five years.
(In Trade)
July 31, 2019
July 31, 2019
“If you look at the Democratic debates and what people are saying about China, if anything, they are just as tough or tougher. I don’t think it makes sense to try to wait out the administration.”
(Daily News)
July 31, 2019
July 31, 2019
Trade negotiations between the United States and China this week focused on China's purchases of U.S. agricultural products, according to both sides, but outside the negotiating room they continued to trade barbs despite claiming progress was being made.
(In Trade)
July 30, 2019
July 30, 2019
“The country will take targeted measures to support the development of private enterprises, accelerate the clearing of ‘zombie enterprises,’ effectively handle trade frictions and keep employment, the financial sector, foreign trade, foreign and domestic investments, and expectations stable.”
(In Trade)
July 30, 2019
July 30, 2019
“The problem with them waiting, however, is that if & when I win, the deal that they get will be much tougher than what we are negotiating now … or no deal at all. We have all the cards, our past leaders never got it!”
(In Trade)
July 29, 2019
July 29, 2019
“When you hear the words and deeds of the U.S. on the status of developing countries in the WTO ... [t]hey further reveal how capricious, arrogant and selfish the country is,” a Chinese official said.
(Daily News)
July 24, 2019
July 24, 2019
U.S. Trade Representative Robert Lighthizer on Tuesday briefed several Senate Republicans on the state of U.S.-Mexico-Canada Agreement talks with Democrats as well as high-level U.S.-China discussions slated to resume in Shanghai next week.