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Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said ...
The United States added two Chinese companies to a trade restriction list on Tuesday for allegedly enabling human rights violations as President Joe Biden kept up the pressure on Beijing in the ...
Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the country’s economic interests.
During the 1990s, U.S. trade deficit became a more excessive long-run trade deficit, mostly with Asia. By 2012, the U.S. trade deficit, fiscal budget deficit, and federal debt increased to record or near record levels following accompanying decades of the implementation of broad unconditional or unilateral U.S. free trade policies and formal ...
The United States trade representative and deputy United States trade representatives (DUSTR) carry the title of ambassador. In the Obama administration , Michael Froman served as the US trade representative from 2013 to 2017, with Michael Punke and Robert Holleyman serving as deputy US trade representatives. [ 5 ]
The Commission is required by Congress to submit an annual report by December 1 every year. [11] The USCC fulfills its mission by holding regular meetings with commission members to discuss recent related matters include write full analysis of eight focused parts, [4] which are energy, U.S. capital market, economic transfers, regional economics and security impacts, U.S.–China bilateral ...
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on ...
US Secretary of Defense Lloyd J. Austin III and his deputy secretary Kathleen Hicks have described China as a "pacing threat" to the United States. [2] Before the creation of the China task force, the US military conducted maneuvers in the South China sea using two aircraft carriers, the USS Nimitz and the USS Theodore Roosevelt (CVN-71) . [ 6 ]