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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 ...
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.
800-290-4726 more ways to reach us. Mail. ... such as slower customs clearance and more government inspections during times of escalated tensions such as the U.S.-China trade war. ... In Other News.
The tit-for-tat investigations have raised fears that a full-blown trade war could be gradually emerging. “Regrettably, the use of trade defense instruments by one government is increasingly being responded to seemingly in kind by the recipient government,” the European Union Chamber of Commerce in China said in a statement.
The U.S.-China trade war is counterproductive–and the Huawei P60’s chip is just one of its many unforeseen ramifications Ben Harburg September 18, 2023 at 10:51 AM
Specifically, the United States claims China's access to advanced semiconductors enables their military to produce advanced military systems including weapons of mass destruction, improve the speed and accuracy of military decision-making, planning, and logistics, autonomous systems, and finally to commit human rights abuses. [1]
In March 2021, the National Intelligence Council released a report that said the Chinese government "considered but did not deploy" influence efforts in 2020. [2] A declassified U.S. intelligence assessment in 2023 said with "high confidence" that China, Russia, Iran and Cuba attempted to influence the 2022 midterms.
US stocks dropped at the open, following European and Asian markets lower. Global markets started the week in the red on the first day of trading after President Donald Trump's tariff threats for ...