President Donald Trump said Sunday he could declare the escalating U.S.-China trade war as a national emergency if he wanted to. “In many ways this is an emergency,” Trump said of the ongoing trade battle between the world’s top two economies. Clouding the G-7 gathering, which represents the world’s major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.

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Topics:  president donald trump    u.s    chinese   oct   trump   g-7   beijing   declare   national   trade war   economies   world   tariffs   clouding   washington   emergency   major   gathering   represents   tit-for-tat   industrial   
BING NEWS:
  • US says challenges posed by China exceed those of Cold War
    The challenges to the U.S. posed by China exceed those of the Cold War, U.S. Deputy Secretary of State Kurt Campbell said on Wednesday, charging that Beijing's support for Russia's defense industry ...
    09/18/2024 - 6:46 am | View Link
  • A Trump Presidency Could Start Trade War 2.0. What It Means for Markets and the Economy.
    Trump says he plans to impose 10% tariffs on all imported goods—and as much as 60% on those from China, compared with the current average of about 19%. Not only would such a move trigger a U.S.-China ...
    09/14/2024 - 6:03 pm | View Link
  • Trade Balances in China and the US Are Largely Driven by Domestic Macro Forces
    The result is that China’s trade balance now stands at between 2 percent and 4 percent of gross domestic product, depending on the methodology (see China Article IV for details of the differences in ...
    09/12/2024 - 5:09 am | View Link
  • Stimson Center: US-China Trade War 2.0 Possible
    Yun Sun, Director of the China Program at Stimson Center, says China loses whoever wins the race for the White House. She says US Vice President Kamala Harris may continue the Biden administration's ...
    09/11/2024 - 5:40 pm | View Link
  • Trump and Harris attend same 9/11 memorial after fierce debate
    Follow live as BBC journalists unpack US and global reaction, debunk key claims and analyse the impact of Tuesday's debate.
    09/11/2024 - 3:06 am | View Link
  • More

 

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