Tariffs Between US and China – Top trade negotiators from the United States and China spoke by phone on Friday and vowed to continue to support the phase one trade deal, Chinese state media reported, in their first contact since the agreement was signed in January.
China Trade War
China’s huge US trade war deal commitments confirmed
The trade deal to be signed this week will include pledges by China to buy US$200 billion of US goods over two years in four industries, a Trump administration official and two other sources briefed on the matter said.
Donald J. Trump : The Wall Street Journal has it Wrong, We are Under no Pressure to Make a Deal with China
The Wall Street Journal has it wrong, we are under no pressure to make a deal with China, they are under pressure to make a deal with us. Our markets are surging, theirs are collapsing. We will soon be taking in Billions in Tariffs & making products at home. If …
Globalists Will Love Trump’s New Nafta Deal
Despite the new name (the U.S.-Mexico-Canada Agreement, or USMCA) dropping any references to trade, let alone freedom, the tariff rates on imports from Canada and Mexico are still a mass of zeroes. The main new element – the abolition of a variety of milk Canada introduced last year to support its domestic dairy industry – is ultimately an anti-protectionist move. The main old element is some fiddling around Nafta’s rules on automotive trade which, as we’ve argued previously, aren’t likely to change much.
Global Stocks Slip on Report China Calls off US Trade Talks – Gold Silver Reports
The U.S. and China officially began taxing larger amounts of each other’s goods Monday, and the Wall Street Journal reported that China pulled out of talks that could have led to a new round of negotiations to end the trade war. Global stocks took small losses Monday after China reportedly pulled out of trade talks with the U.S. Industrial companies and banks suffered some of the worst declines among American stocks.
Sensex Slumps 550 points; Nifty Breaches 11,000; HDFC, Mahindra Top Losers
Gold Silver Reports (GSR) – Sensex Slumps 550 points – The BSE Sensex and the NSE Nifty 50 opened higher on Monday, but soon erased gains and fell over 1.5%, dragged down mainly by finance stocks such as HDFC and Indiabulls Housing Finance.
China Says Trump Forces its Hand, will Retaliate Against New U.S. Tariffs
The Chinese commerce ministry’s statement came hours after Trump said he was imposing 10 percent tariffs on about $200 billion worth of imports from China, and threatened duties on about $267 billion more if China retaliated against the U.S. action.
Chinese New Tariffs Will Be On $60Bln Worth Of US Goods
The tit-for-tat measures are the latest escalation in an increasingly protracted trade dispute between the world’s two largest economies.
China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.
China commerce minister says there is no winner in a trade war: RTRS
China commerce minister says U.S.’s unilateralism, protectionism will hurt global economy, does no good to any country: RTRS China commerce minister says cooperation between China and U.S. is the only correct choice on trade: RTRS
Trump Tweet – We are Under No Pressure to Make a Deal with China – Neal Bhai Reports
They are under pressure to make a deal with us. Our markets are surging, theirs are collapsing. We will soon be taking in Billions in Tariffs & making products at home. If we meet, we meet? – Neal Bhai Reports