Sen. Lindsey Graham, R-S.C., said on Sunday that Democrats should not criticize President Trump for taking on China over trade as they have complained for years about Beijing’s policies but done nothing. “Every Democrat and every Republican of note has said China cheats,” Graham … Read More
China signaled Monday it is now seeking a “calm” end to its ongoing trade war with the U.S. and President Trump voiced optimism about a deal, as Asian markets crumbled and China’s currency plummeted to an 11-year low following the latest tariffs on $550 billion … Read More
China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also … Read More
President Trump’s trade war with China boiled over Friday as Beijing slapped retaliatory tariffs on America and the president declared he’s ordering U.S. companies to prepare to leave the country and relocate back home — prompting pushback from corporate America. “Our great American companies are … Read More
In a statement on 6 August, the People’s Bank of China (PBOC) slammed Washington’s decision to designate China as a “currency manipulator”. China’s yuan has continued its nosedive, weakening to 7.0488 to the US dollar on Wednesday, about 0.4 percent … Read More
KEY POINTS Tensions between Tokyo and Seoul are intensifying after Japan imposed new restrictions on exports that could hit South Korea’s tech industry. One analyst suggests the situation could escalate further, with the two governments engaging “in a tit-for-tat exchange of … Read More
OSAKA, Japan — President Donald Trump and China’s Xi Jinping agreed to a cease-fire Saturday in their nations’ yearlong trade war, averting — at least for now — an escalation feared by financial markets, businesses and farmers. Trump said existing … Read More
Greetings from Tyler, Of the many topics of national and international concern and interest this week, sanctions on Chinese goods, the consequences for farmers and American consumers has been the top story. Much was made of the plummeting stock market … Read More