Tag: trade dispute

Friday, May 17th 2019 - 09:29 UTC
Beijing cancels major pork order from the US; China a leading market for US hog industry

The same week United States President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tons of US pork - the biggest cancellation in more than a year, according to US Department of Agriculture data released on Thursday.
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Thursday, May 16th 2019 - 09:41 UTC
Xi promises a far more open China to the world, despite the trade dispute with US

Chinese President Xi Jinping has pledged that his country will be even more open to the world and debunked the notion of a “clash of civilization ”, even as his country remains mired in a trade war with the United States.
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Wednesday, May 15th 2019 - 09:05 UTC
Trump's “little squabble” with China pinching farmers' pockets and his electoral base

US farmers, who are major exporters of pork and soy, are caught in the middle of President Donald Trump's trade wars. And farmers along with the industries that support them, are also key voters.
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Tuesday, February 19th 2019 - 09:20 UTC
US/China trade talks resume in Washington... and are going “extremely well”

US-China trade talks aimed at ending a damaging tariff war will resume from this Tuesday in Washington, the White House has announced. The last set of talks ended Friday in Beijing with no deal, though US President Donald Trump said the discussions were going “extremely well” and suggested he could extend a Mar 1 truce deadline for an agreement to be reached.
Saturday, February 16th 2019 - 11:30 UTC
China/US trade talks break down; Washington warns “very difficult issues” remain unresolved

Trade talks between the US and China have broken up without a deal, with the US warning that “very difficult issues” remain unresolved. The talks in China this week were aimed at securing a new deal before further US tariffs are imposed on 1 March. China said negotiations would now continue in the US next week.
Thursday, February 14th 2019 - 10:22 UTC
US/China trade talks take off in Beijing with much expectations

United States and Chinese negotiators kicked off two days of official trade talks in Beijing on Thursday as the world's top two economies try to patch up their festering economic dispute. Pressure to seal an accord ahead of a March deadline lessened before the talks as US President Donald Trump indicated on Tuesday in Washington he was open to extending a trade truce, depending on progress in Beijing.
Thursday, February 7th 2019 - 10:33 UTC
As March countdown clicks, UN warns about global implications of the US/China trade dispute

United Nations trade official has warned a US plan to raise tariffs on Chinese goods next month would have “massive” implications for the global economy. The US plans to increase tariffs on Chinese goods if the two sides fail to make progress on a trade deal by 1 March.
Friday, February 1st 2019 - 09:56 UTC
Summit with Xi, “soon”, should seal “the biggest deal ever made” forecasts Trump

U.S. President Donald Trump said on Thursday he will meet with Chinese President Xi Jinping soon to try to seal a comprehensive trade deal as Trump and his top trade negotiator both cited substantial progress in two days of high-level talks.
Wednesday, January 30th 2019 - 08:54 UTC
Latin American markets outperform world stocks struggling over US/China trade talks

Latin American stocks rose on Tuesday, outperforming world stocks that struggled to hold gains ahead of keenly awaited U.S.-Sino trade talks, earnings of top technology companies and an impending U.S. Federal Reserve decision on interest rates.
Friday, January 25th 2019 - 09:35 UTC
US and China “miles and miles away” in resolving economic structural reforms

The United States and China are “miles and miles” from resolving trade issues but there is a fair chance the two countries will get a deal, U.S. Commerce Secretary Wilbur Ross said on Thursday.