tariffs

Decoupling Huawei’s new phone highlights the Biden administration’s challenge

Biden’s administration is trying desperately to curb fast-rising US prices ahead of November’s midterm elections.

“I’m in the process of making up my mind.”

The WTO has found that the US breached global trading rules by imposing multibillion-dollar tariffs in its trade war with China.

This Valentine’s Day, China will be extending an olive branch and lowering its punitive tariffs on American goods

The deal will still leave in place 25% tariffs on a US$250-billion array of Chinese industrial goods and components used by U.S. manufacturers, and China’s retaliatory tariffs on over US$100 billion in U.S. goods.

As one of the MNCs affected by US-China trade war tariffs, Global Invacom will completely cease operations in China and relocate to the Philippines by June.

(Dec 13): President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about US$160 billion ($216.3 billion) of consumer goods from the Asian nation, according to people familia

(Nov 5): President Xi Jinping said China would focus more on imports and further lower tariffs in his first opportunity to address global investors since the world’s two largest economies resumed trade talks in September.