Page 20 - Us China Trade War

China adapted to Trump's trade war, changed strategy when new tariffs came

The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China's president appears unlikely to make a similar call soon. Beijing, which unlike America's close partners and neighbours has been locked in a trade and tech war with the US for years, is taking a different approach to Trump in his second term, making it clear that any negotiations should be conducted on equal footing. China's leaders say they are open to talks, but they also made preparations for the higher US tariffs, which have risen 20 per cent since Trump took office seven weeks ago. Intent on not being caught off guard as they were during Trump's first term, the Chinese were ready with retaliatory measures imposing their own taxes this past week on key US farm imports and more. As Washington escalates the tariff, Beijing doesn't see other options but to retaliate, said Sun Yun, director of the China programme

Major powers should not bully the weak, says China foreign minister Wang Yi

In one of the first answers of the press conference, Wang said China-Russia relations are a "constant in a turbulent world, not a variable in geopolitical games"

'President Trump has been very tough on China', says US press secy

The remarks by the White House Press Secretary Karoline Leavitt came after Trump doubled the tariff on all Chinese imports to 20 per cent from 10 per cent

House report reveals China's role in US fentanyl crisis, calls for action

Investigation reveals that nearly all illegal fentanyl ingredients are made by Chinese companies and then sent to Mexican drug cartels, which produce and distribute fentanyl in the US

How China minimised US farm imports and sharpened its trade war tactics

China has reduced its dependence on US farm imports, strengthening its trade war strategy through supply diversification, local production boosts, and food security policies

Markets on brink of worst disruption since 2008 financial crisis: Analysts

The uncertainty unleashed by Trump tariffs, analysts believe, is reigning supreme now, which is weighing on the markets. The ongoing chaotic scenario, new news and developments can trigger volatility.

China keeps growth target at around 5% for 2025 amid US trade war risks

China is keeping its economic growth target at around 5% for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a report being presented by Premier Li Qiang at the opening session of the National People's Congress, the annual meeting of China's legislature. It gives an indication of how ambitious the government is about boosting growth in challenging economic times. The IMF has projected China's economy will grow 4.6% this year, down from 5% in 2024, according to Chinese government statistics. A target of around 5% is well aligned with our mid- and long-term development goals and underscores our resolve to meet difficulties head-on and strive hard to deliver, the government report said. Across-the-board tariffs imposed on Chinese products by U.S. President Donald Trump pose the latest threat to an economy already weighed down by a prolonged real estate slump and sluggish consumer spending and private ...

'If war is what US wants, be it tariff, trade we're ready to fight': China

Chinese Foreign Ministry Spokesperson Lin Jian said that it is America and not anyone else responsible for the Fentanyl crisis in the country

US-Canada tariff history: The 2018 trade dispute, retaliation, and fallout

From a steel standoff in 2018 to a lumber feud spanning decades, here's how US-Canada tariff battles have shaped trade relations over the years

Trump tariffs on Canada, Mexico, China take effect: How did they retaliate?

US trade wars: Tariff hikes have sparked volatility in financial markets, with North American stocks plunging on Monday in anticipation of trade disruptions

China targets US agri, food products in response to Trump tariff threats

Trade tensions escalate amid US Tariffs on China, Canada, and Mexico, which are set to take effect on March 4

China vows to hit back with 'all necessary measures' against new US tariffs

The US action means the Chinese government will need to announce an additional stimulus worth 500 billion yuan ($69 billion) to 700 billion yuan to meet its growth targets

Trump unveils more tariffs on China, raising risk of further retaliation

The tariffs will also likely raise prices of US imports, as companies in China will try to pass on the increased costs to US customers

Donald Trump's team seeks to toughen Biden's chip controls over China

Trump officials recently met with their Japanese and Dutch counterparts about restricting Tokyo Electron Ltd and ASML Holding NV engineers from maintaining semiconductor gear in China

Trump admin ramps up economic measures against China amid rising tensions

US-China trade war: China has strongly condemned Washington's actions, accusing the US of politicising and weaponising economic and trade relations

US President Donald Trump vows to impose reciprocal tariffs on India, China

Trump made the remarks during a press conference in which he was asked about the meeting of Tesla CEO Elon Musk with PM Modi

Trump directs CFIUS to restrict Chinese investments in strategic US sectors

Trump asked to use "all necessary legal instruments" to bar Chinese affiliates from investing in US technology, critical infrastructure, health care, agriculture, energy, raw materials

China's hopes to be Ukraine mediator collide with its goals on Trump, trade

China's priorities are clear: it is focused on repairing its economy and trying to hammer out a deal with US President Donald Trump to avoid another damaging trade war

US State Dept revises web page on China to focus on trade, business curbs

The February 13 changes underscore the new administration's focus on trade and other priorities

Nearly 90% of Japanese firms say Trump's policies hurt business: Survey

Around 72 per cent of those surveyed cited Trump's trade policies, including tariffs, as a key issue, while 26 per cent blamed worsening US-China relations, the survey found