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U.S. trade czar's advice for Biden on China: 'Hold their feet to the fire'

Business Dec 17, 2020

U.S. trade czar's advice for Biden on China: 'Hold their feet to the fire'

U.S. President-elect Joe Biden should keep pressing China to stick to the phase one trade deal and use tariffs as leverage, U.S. Trade Representative Robert Lighthizer said, adding that Beijing has done a "reasonably good job" at implementing parts of the deal. In a rare ...

A faltering U.S.-China trade deal is now the nations' strongest link

Business | ANALYSIS Aug 14, 2020

A faltering U.S.-China trade deal is now the nations' strongest link

Top U.S. and Chinese trade officials are expected to recommit to a Phase 1 trade deal during a review on Saturday, even though China's promised purchases of U.S. exports are far behind schedule. Current and former U.S. government officials and trade experts in both countries ...

Trump's threat to 'decouple' U.S. and China hits trade and investment reality

Business / Economy | ANALYSIS Jun 24, 2020

Trump's threat to 'decouple' U.S. and China hits trade and investment reality

Conflicting talk from White House officials about "decoupling" the U.S. economy from China is running into a challenging reality: Chinese imports of U.S. goods are rising, investment by American companies into China continues, and markets are wary of separating the world's biggest economies. U.S. President ...

Where the Japan-U.S. trade deal falls short of the Trans-Pacific Partnership abandoned by Trump

Business Oct 7, 2019

Where the Japan-U.S. trade deal falls short of the Trans-Pacific Partnership abandoned by Trump

President Donald Trump has called his new trade deal with Japan a "phenomenal" victory for U.S. farmers. But don't expect America's Land O'Lakes butter to knock New Zealand's Anchor or France's President brands off store shelves in Japan. Butter is one of several U.S. dairy products ...

China offers to end market-distorting subsidies at trade talks, but U.S. negotiators remain skeptical

Business Feb 15, 2019

China offers to end market-distorting subsidies at trade talks, but U.S. negotiators remain skeptical

China has pledged to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, according to three people familiar with the U.S.-China trade talks in Beijing this week. China promised to bring all subsidy programs into compliance ...

As U.S. readies to slap more tariffs on China, no end in sight for trade tensions

Business | ANALYSIS Sep 7, 2018

As U.S. readies to slap more tariffs on China, no end in sight for trade tensions

With U.S. President Donald Trump gearing up to impose tariffs on $200 billion in Chinese goods and Beijing certain to retaliate against any such measures, the world's two biggest economies are locked in an escalating trade war, with no resolution in sight. The United States ...

Extent of U.S.-China trade fight depends on Trump's goals, experts say

Business | ANALYSIS Mar 24, 2018

Extent of U.S.-China trade fight depends on Trump's goals, experts say

How bad will the U.S.-China trade fight get? That depends on whether President Donald Trump will settle for a reduction in China's U.S. trade surplus or hold out for sweeping changes to China's industrial policies. After Trump's announcement on Thursday that he will impose tariffs ...

Criticism of Germany puts Trump administration on collision course with EU

Business | ANALYSIS Feb 3, 2017

Criticism of Germany puts Trump administration on collision course with EU

For seven years, the United States has fought to keep the eurozone intact, urging European officials toward action and supporting international bailout programs to keep the 17-nation currency union from cracking apart. That appears to have changed less than two weeks into Donald Trump's new ...

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