The Trump administration carefully stepped back Sunday from a looming trade war with China, saying that it would refrain for now from applying major tariffs on Chinese goods in the wake of Beijing’s promise to ramp up purchases of American products to reduce the trade deficit. “We’re putting the...

Topics:  trump   china   chinese   american   putting   tariffs   trade   
BING NEWS:
  • U.S.-China Internet War Intensifies as House Passes TikTok Ban
    Photo illustration: Annie Zhao In the yearslong technology fight between the U.S. and China, the Americans are poised to land a major punch. The House on Saturday easily passed a bill that would ...
    04/20/2024 - 5:06 pm | View Link
  • China Denounces U.S. Probe Into Shipbuilding Sector
    The higher tariffs would only affect 0.6% of U.S. demand for steel, according to a U.S. official. While China’s commerce ministry didn’t directly comment on Biden’s latest remarks ...
    04/17/2024 - 6:03 pm | View Link
  • IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
    The U.S. and Chinese governments should take action to lower future borrowing, as a surge in their debts threatens to have “profound” effects on the global economy and the interest rates paid ...
    04/17/2024 - 3:11 am | View Link
  • China Feels Boxed In by the U.S. but Has Few Ways to Push Back
    China has also launched a diplomatic blitz targeting nonaligned powers such as Indonesia, Saudi Arabia and South Africa. And tiny island nations in the Pacific, which hold great strategic value in ...
    04/11/2024 - 1:00 pm | View Link
  • U.S.-China relationship is on ‘more stable footing,’ Treasury Secretary Yellen claims during meeting with Premier
    The U.S. and China on Saturday agreed to hold “ intensive exchanges ” on more balanced economic growth, according to a U.S. statement issued after Yellen and Chinese Vice Premier He Lifeng ...
    04/7/2024 - 5:21 am | View Link
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