China, tariff
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U.S. President Donald Trump has targeted top economic rival China with a cascade of tariffs on imports worth billions of dollars as he tries to narrow a trade deficit, bring home lost manufacturing and cripple the fentanyl trade.
Since Feb. 1, the US and China have entangled in a chaotic relationship, with tit-for-tat tariffs at times reaching triple-digit levels.
Donald Trump’s tariff war with China is backfiring—with Beijing moving on to cut deals with the rest of the world instead. A New York Times analysis found that China is offsetting its decline in exports to the U.S. with “breathtaking speed,” by dramatically increasing exports to dozens of other nations.
The Dutch government’s repossession of auto chip powerhouse Nexperia from its Chinese parent looks to be spreading pain across the auto industry.
Soybean farmers will be able to export crops to China -- the state's largest export partner for that commodity -- for the first time in six months.
As Sino-American economic competition increasingly includes sanctions, the losers can be found worldwide. Europe is one of the biggest losers of this rivalry.
Even before Donald Trump and Xi Jinping meet in South Korea on Thursday, the winner in this round of trade talks is clear. China has conceded just enough to appear conciliatory. That has bought Beijing time to focus on what matters most: Taiwan,
President Donald Trump and Chinese President Xi Jinping will meet at the APEC Summit in Busan as experts say China now holds leverage in the ongoing trade war.
After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock.
China is winning the trade war. It has learned to escalate and retaliate as effectively as America. And it is experimenting with its own extraterritorial trade rules, thus changing the path of the world economy.
The most important bilateral relationship in the world today is between the United States and China, and Trump has bungled it. He started a trade war that Washington has been losing, and if a truce is formalized this week, it will likely be one with China holding power over America and leaving our influence diminished.
Nexperia chips are vital in car production and there were concerns from manufacturers about the damage a shortage could have.