Trade agreements
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BEIJING: China on Friday (Apr 4) announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The commerce ministry said it would impose additional tariffs of 34 per cent on all US goods from Apr 10. Agriculture trade took another hit as Chinese…
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The United States’ new protectionist stance in the international trade will only raise prices, limit consumer choices and risk growth, said an opinion piece carried by The New York Times Tuesday. The U.S. tariffs on Chinese electric vehicles and other products are mainly aimed at pleasing voters rather than economic considerations, wrote Steven Rattner, who…
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U.S. President Donald Trump has flipped again on trade relations with China. Just as markets were warming to the prospect of a trade deal being consummated, the president has again weighed in putting in doubt the likelihood of a deal being donme. On Thursday and Friday officials in China, confirmed by U.S. officials, said both…
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