Tag: trade

US singled out by G7 allies over steel and aluminum tariffs

Report: China Sought to Promote Steve Mnuchin in Trade Negotiations

Mnuchin’s rise didn’t last long. After the meetings in Washington, Treasury Secretary Steven Mnuchin announced that trade war with China was “on hold” only to have the administration announce a short while later that it was preparing the apply tariffs to $50 billion of Chinese technology imports.

CHONGQING, CHINA - FEBRUARY 16: (CHINA OUT) Howard Schultz, president of the US Starbucks coffee chain, drinks a cup of coffee in the first Starbucks store on February 16, 2006 in Chongqing Municipality, China. Starbucks is taking the plunge into the Chongqing market. The Chinese coffee market is expected to …

Howard Schultz Hits Trump on Trade: ‘Our Problem Is Not China’

In his first sit-down interview since announcing plans to step down as Starbucks’ executive chairman, Howard Schultz said that he does not understand President Donald Trump’s trade battle with China and that the communist nation’s economic aggression is not a problem.

Xi Jinping

Report: China Is Trying to Form an Anti-American Trade Alliance

In reaction to the unexpected U.S. announcement that it would move forward with tariffs, China may offer to open its markets up to foreign companies that line up with it against the U.S., the WSJ said, citing Chinese officials.

Commerce Secretary Wilbur Ross announced he initiated a so-called Section 232 investigation on auto trade, which would provide the legal basis to impose tariffs if his department finds imports threaten US national security

Wilbur Ross: ‘Economic Security Is Military Security’

“I don’t blame the foreign countries. They’re doing what is best for them. The stupidity is that we’ve let ourselves get into this box of extremely low [tariff] rates. We gave it away unilaterally,” Ross said.

US President Donald Trump welcomed China's President Xi Jinping conciliatory comments on trade, easing fears the two economies will careen towards a trade war

Trump Hints at China Trade Deal with ‘Different Structure’

President Donald Trump hinted at the need for a “different structure” for a bilateral trade deal with China just one day after the Commerce Department’s Tuesday determination that China has been using Vietnam to circumvent anti-steel dumping measures.

US President Donald Trump (R) and China's President Xi Jinping (L) arrive at a business leaders event inside the Great Hall of the People in Beijing on November 9, 2017. Donald Trump urged Chinese leader Xi Jinping to work 'hard' and act fast to help resolve the North Korean nuclear …

China Is Winning the Trade War So Far

President Donald Trump famously said, “Trade wars are good, and easy to win.” The early results of the last few weeks of negotiations with China suggest that may have been overly optimistic.

File photo taken in November 2017 shows U.S. President Donald Trump (L) and Chinese President Xi Jinping at their joint press conference at the Great Hall of the People in Beijing. (Kyodo) ==Kyodo (Photo by Kyodo News via Getty Images)

Donald Trump: China Has Been ‘Very Spoiled’ on Trade

“China has been very spoiled … because they always got 100 percent of what they wanted,” Trump said during a meeting with reporters in the Oval Office on Thursday afternoon during a meeting with NATO Secretary General Jens Stoltenberg.