China, tariff and American trade
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China’s top trade official said the two sides had “constructive” and “candid” discussions and agreed to keep the tariffs at current levels — the United States taxing Chinese goods at 30 percent and China collecting 10 percent on US products.
The country’s vast consumer base is the key to riding out Trump’s tariffs. But China’s internal market is riven by its own trade barriers.
A U.S.-China policy expert explains what each country wants from a trade deal as top officials meet this week.
Chinese Minister of Finance Lan Fo'an pledged on Wednesday to accelerate the implementation of childcare subsidy policy, including gradually rolling out free pre-school education, and providing nursing subsidies for disabled elderly in the country.
President Trump is facing growing pushback on multiple fronts over his administration’s decision to allow Nvidia to sell its H20 chips to China, a move that critics argue could give Beijing a leg
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President Donald Trump isn’t going to bulldoze China on trade like he did Europe. Two days after the EU agreed to a framework trade deal with the White House that some of the bloc’s national leaders regard as a capitulation, Trump’s negotiators left talks with Chinese President Xi Jinping’s team in Sweden with no breakthrough.
The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.
Australia has flourished as an export powerhouse for decades. Much of this prosperity has been driven by the nation’s natural endowment with two important raw products for producing steel the traditional way: iron ore and metallurgical coal.
China Evergrande Group looks set to be kicked off the Hong Kong exchange next month after failing to revamp its debt and being pushed into liquidation, with the stubbornly weak Chinese property sector clouding the outlook for debt restructuring by its peers.