Tag: Trade war

Trump Announces 55% Tariff on Chinese Goods as Part of Pending Trade Deal
The new trade deal will give the U.S. access to Chinese rare earths. On Wednesday, President Donald Trump announced that the United States will impose a 55% tariff on Chinese products, while China will maintain a 10% tariff on U.S. goods. These measures are part of a new trade agreement, which is still pending final […]
June 11, 2025

Chinese Deputy Prime Minister To Travel to London for Trade Negotiations With the US
The Chinese Vice Prime Minister, He Lifeng, will lead the Chinese delegation to the business meeting with representatives of the United States that will be held next Monday in London, reported on Saturday the Chinese Ministry of Foreign Affairs. RELATED: China and CELAC: Deepening Strategic Cooperation for Mutual Development The Chinese Foreign Ministry indicated that […]
June 7, 2025

Xi Asked Trump to Return to the Right Path by Eliminating All Trade Disturbances
The Chinese president also emphasized that the U.S. must handle the Taiwan question ‘with prudence.’ On Thursday, President Xi Jinping held a telephone conversation with U.S. President Donald Trump, during which the Chinese leader emphasized that their countries’ relations should be based on dialogue and cooperation. RELATED: Trump Accuses China of Violating Trade Agreement Xi […]
June 5, 2025

Negotiations With EU on Reciprocal Tariff Advancing Quickly: Greer
However, Trump’s decision to raise tariffs on steel and aluminum risks undermining recent progress. On Wednesday, U.S. Trade Representative Jamieson Greer said that the negotiations between his country and the European Union (EU) on a settlement of a tense tariff spat were “advancing quickly.” RELATED: Federal Court Temporarily Reinstates Trump’s Tariffs: A Blow to U.S. […]
June 5, 2025

Mexico Calls U.S. Tariff Hike on Steel and Aluminum Legally Baseless
Nevertheless, the Sheinbaum administration would seek to reach an agreement with Washington on the issue. On Wednesday, Mexican President Claudia Sheinbaum called the increase in U.S. tariffs on steel and aluminum from 25% to 50% an unjust measure that lacks legal basis. She said her government would seek to reach an agreement with Washington on […]
June 4, 2025

Trump Doubles Steel and Aluminum Tariffs to 50 Pct
Higher tariffs on steel and aluminum would address national security threats, the U.S. president said. Starting from Wednesday, the United States started to raise tariffs on imported steel and aluminum from 25 percent to 50 percent, according to an executive order signed by U.S. President Donald Trump. RELATED: Six Nobel Laureates Urge Senate to Reject […]
June 4, 2025

White House: Trump and Xi to Hold Phone Call This Week on Trade Issues
Meanwhile, on Wednesday, the U.S. is expected to double tariffs on steel and aluminum to 50%, a move that will affect China. On Tuesday, White House press secretary Karoline Leavitt said that U.S. President Donald Trump and Chinese President Xi Jinping will speak by phone this week to discuss trade matters. RELATED: Federal Court Temporarily […]
June 3, 2025

Trump Accuses China of Violating Trade Agreement
His new statements add further uncertainty to the trade dialogue process between Beijing and Washington. On Friday, President Donald Trump accused China of violating the trade agreement it reached with the United States to reduce the high tariffs imposed by Washington — a deal that, according to the president, had saved Beijing “from a very […]
May 30, 2025

Canada Applauds U.S. Court Decision Blocking Most Trump Tariffs
The decision is consistent with Canada’s position that the tariffs were illegal and unjustified, said PM Carney. On Thursday, Canadian Prime Minister Mark Carney praised a decision by the U.S. Federal Trade Court to block the majority of tariffs imposed by President Donald Trump, ruling that they exceeded his authority. RELATED: U.S. Court Blocks Trump’s […]
May 29, 2025

U.S. Attempt to Ban Chinese Chips is Bullying
The U.S. government’s move deprives other countries of their right to high-tech industries such as artificial intelligence. On Wednesday, China’s Ministry of Commerce called the U.S. attempt to globally ban advanced Chinese computing chips a typical move of “unilateral bullying and protectionism” that seriously undermines the global semiconductor industrial and supply chains. RELATED: Russia-China Forum […]