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An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]
The US president is dealing with a far more confident China than he did back then. Beijing has expanded its global footprint, and it is now the lead trade partner for more than 120 countries.
Ironically, China has filed a lawsuit against the U.S. at the World Trade Organization to contest latest round of tariffs, citing a “blatant act of unilateralism and trade protectionism” and ...
(Reuters) - China on Tuesday slapped tariffs on U.S. imports in a rapid response to new U.S. duties on Chinese goods, renewing a trade war between the world's top two economies as President Donald ...
Chinese leader Xi Jinping with former U.S. President Joe Biden at the 17th G20 in Bali, November 2022.. The relationship between the People's Republic of China (PRC) and the United States of America (USA) has been complex and at times tense since the establishment of the PRC and the retreat of the government of the Republic of China to Taiwan in 1949.
Chinese and U.S. officials have met in Beijing for talks on tough issues dividing the two largest economies, as trade and tariffs increasingly draw attention in the runup to the U.S. presidential ...
Following the announcement of export controls, the share prices in both United States and China high-tech sectors dropped. [ 12 ] : 118 Days after the BIS announcement, the head of a leading Taiwanese supplier to Apple warned the tech world to get ready for “casualties and consequences” from the U.S. measures, likening them to ...
China’s trade surplus grew to $104.8 billion last month, up from $97.4 billion in November. Its trade surplus with the US widened to $33.5 billion over the same period from $29.81 billion a ...