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In 2018, during his first term, Trump initiated a brutal two-year trade war with China over its massive U.S. trade surplus, with tariffs imposed by both sides on hundreds of billions of dollars ...
President Donald Trump's emerging trade war with Beijing poses a new threat to billions of dollars in planned U.S. liquefied natural gas export projects, many of which rely on China as a key buyer ...
“Trade war 2.0 begins,” UBS strategists wrote in a note Monday. Japan’s Nikkei stock index closed 2.7% lower and South Korea’s KOSPI was 2.5% down at market close. Hong Kong’s Hang Seng ...
The strategy to leverage the US economy to force concessions from other countries notches a win for Trump's "America first" agenda, allowing him to follow through on core domestic issues without ...
While news outlets are permitted to report on the conflict, their coverage is subject to restrictions; the South China Morning Post said that employees for Chinese media were told not to "over-report" the trade war [339] while an article in The New York Times said that state news outlets had sought to promote the official line, with the ...
U.S. stocks were little moved at the open after China retaliated against President Donald Trump's 10% tariff on all Chinese goods, beginning Tuesday.. China slapped tariffs of up to 15% on U.S ...
Read the latest news and interviews from the World Economic Forum in Davos, Switzerland: Trump should create a strategic bitcoin reserve: Coinbase CEO A trade war with China is coming as Trump ...
The increased tit-for-tat tariff announcements stoked fears that the two countries are inching closer to a trade war. [141] [142] [143] On April 4, 2018, President Trump responded to speculation tweeting: "We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S. Now ...