Trump team, China resume uphill effort to end trade rift
The U.S. and China opened a ninth round of talks Wednesday with optimism that the parties would narrow the areas of disagreement further this week.
The U.S. and China opened a ninth round of talks Wednesday with optimism that the parties would narrow the areas of disagreement further this week.
The president’s comments dim hopes that round-the-clock trade negotiations between the world’s two biggest economies could lead to them removing the roughly $360 billion in tariffs they’ve imposed on each other’s imports.
U.S. and Chinese negotiators met through the weekend as they seek to resolve a trade war that's rattled financial markets.
Hundreds of companies have received permission to import millions of tons of steel without paying tariffs. Two subsidiaries of Japanese companies, both in the suburbs of Indianapolis, had vastly different experiences with the waiver requests.
A coalition of more than 200 trade associations spanning agriculture, manufacturing, retail, technology, oil and even liquor will begin a new two-pronged attack next week to try to end the policies they see as damaging.
China and the United States concluded three days of talks Wednesday with a cautious sense of optimism that the world’s two biggest economies might be able to reach a deal that ends their bruising trade war.
The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as negotiations began in Beijing.
China sounded a positive note ahead of talks with U.S. trade officials this week on a sprawling trade dispute, but the two sides face lengthy wrangling over technology and their future relationship.
The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness.
Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone more tariff hikes for 90 days while their governments negotiate over U.S. complaints that Beijing steals or pressures foreign companies to hand over technology.
The courier has cut its financial outlook just three months after raising it, reflecting an abrupt change in FedEx’s view of the global economy.
China’s return to the U.S. soybean market this week comes too little, too late for many farming families to put more Christmas presents under the tree this year.
Between 75 percent and 80 percent of Americans who have a Christmas tree now have an artificial one, and the $1 billion market for fake trees is growing at about 4 percent a year.
The U.S. was set to raise tariffs on $200 billion in Chinese goods on Jan. 1 until President Donald Trump agreed Saturday with Chinese Leader Xi Jinping to hold off for 90 days while the two sides try to settle their differences.
The U.S.-Mexico-Canada Agreement is meant to replace the 24-year-old North American Free Trade Agreement, which Trump has long denigrated as a “disaster.”
Vice President Mike Pence said the U.S. wasn’t in a rush to end the trade war and would “not change course until China changes its ways”—a worrying prospect for a region heavily reliant on exports.
According to the American Headwear Alliance, which represents producers such Zionsville-based Lids and Massachusetts-based ’47 Brand, the vast majority of caps sold in the U.S. are imported from overseas.
Economists, trade attorneys and businesses are still parsing the agreement. But here's an early look at what it means for different players.
Overall, economists surveyed by the National Association for Business Economics are slightly more optimistic than they were when last surveyed three months ago.
Canadian dairy farmers say they’re on the losing end of a new trade pact with the United States that will allow Americans to ship more milk north.