Trade war

    • US and China agree to continue tariff talks

      US and China agree to continue tariff talks

      The United States and China agreed on Saturday to restart trade talks and Washington will not levy new tariffs on Chinese exports, China’s foreign ministry said, raising hopes for the world’s two largest economies to resolve their trade war.

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    • Trump blacklists more China tech companies

      Trump blacklists more China tech companies

      The US Commerce Department has banned five more Chinese entities from buying US components just a week ahead of a high-stakes meeting between President Donald Trump and Chinese leader Xi Jinping at the G-20 summit this month, where lingering trade differences are to be discussed.

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    • Trump signs executive order banning tech posing a security risk

      Trump signs executive order banning tech posing a security risk

      US President Donald Trump on Wednesday declared a national emergency over threats against American technology. The move, done via executive order, authorised the Commerce Secretary Wilbur Ross, in consultation with other top officials, is aimed at banning all transactions that involve information or communications technology that “poses an unacceptable risk to the national security of the United States.” The executive order gives now the Commerce Department 150 days to write regulations implementing it.

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    • China adds tariffs on $60bn of US goods

      China adds tariffs on $60bn of US goods

      China announced on Monday it was raising tariffs on $60bn of US goods in retaliation for the latest hike in US tariffs on its exports. The Finance Ministry in Beijing said the new penalty duties of 5% to 25% on hundreds of US products including batteries, spinach and coffee will take effect on 1 June.

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    • US-China trade negotiation ends without deal

      US-China trade negotiation ends without deal

      China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as US President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Liu voiced a measured optimism on reaching a deal, but said there were “issues of principle” on which China would not back down. The United States escalated a tariff war with China on Friday by hiking levies on $200 billion worth of Chinese goods in the midst of last-ditch talks to rescue a trade deal. Trump issued orders for the tariff increase, saying China “broke the deal” by reneging on earlier commitments made during months of negotiations.

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    • US-China fresh tensions threaten the world economy

      US-China fresh tensions threaten the world economy

      The IMF chief Christine Lagarde said on Tuesday that fresh trade tensions between the United States and China were the main threat to the world economy. Lagarde told journalists at a conference in Paris, entitled "Sustainable Debt for Sustainable Growth", that recent "rumours and tweets" made an agreement between the US and China less likely, news wires reported. President Donald Trump jolted global markets on Monday by threatening on Twitter that tariffs already imposed on $200bn in Chinese exports to US would more than double to 25% on Friday from their current level of 10%.

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    • US-China trade talks nearing 'final round'

      US-China trade talks nearing 'final round'

      US Treasury Secretary Steven Mnuchin said on Saturday that a US-China trade agreement would go “way beyond” previous efforts to open China’s markets to US companies and expressed hope that the two sides are edging “close to the final round” of negotiations. He also called the agreement under discussion “the most significant change in the trading relationship in 40 years,” adding that it would have “real enforcement on both sides.”

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    • US warns of new tariffs on EU goods

      US warns of new tariffs on EU goods

      The United States is threatening to slap tariffs on billions of dollars' worth of imports from Europe, in retaliation for what it calls unfair subsidies of Airbus jets. The proposed tariffs would cover not only aircraft but also wine, cheese, woolen suits, Swiss knives and other signature European products. The proposed levies were announced by President Donald Trump, who argued on Twitter that the EU has "taken advantage of the US on trade for many years" and is now time for a change.

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    • US-China resume trade talks

      US-China resume trade talks

      US officials will travel to China next week to resume face-to-face talks aimed at ending a trade war between them, the White House announced on Saturday. Chinese officials will visit US for further talks in Washington in the beginning of April, as well.

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    • Trump delays China tariff hike, believes to meet President Xi

      Trump delays China tariff hike, believes to meet President Xi

      The US President Donald Trump said on Sunday he would delay a planned tariff increase on Chinese exports after both sides hailed "substantial progress" in trade talks, news wires reported. Trump said he planned to meet with Chinese President Xi Jinping at the US leader's Mar-a-Lago resort in Florida to seal the deal if more progress is made.

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