News

US trade deficit with China is less than $300 billion, not $1 trillion, as Trump said
The United States’ trade deficit in goods with China was $295 billion in 2024, less than one-third of Trump’s $1 trillion ...
IMF sees US-China trade grievances, welcomes India tariff cuts
International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the U.S. and China both have trade ...
China appoints a new trade negotiator during tariff fight with the US
China has appointed a new trade negotiator in the midst of its tariff fight with the United States as the world’s two largest ...
Chinatowns nationwide face economic struggles due to trade tariffs
Immigrant Chinese communities rely on businesses in local Chinatowns for goods central to Chinese culture, for which there ...
Tariff carve-outs underscore weak US position in China trade war: ‘This is going to get really ugly’
With its electronics exceptions, the United States has demonstrated that it is more willing to bend than the Chinese.
As tariffs put trade between China and the US in peril, Chinese businesses ponder the future
The 145% tariff from the United States and the retaliatory 125% tariff from China are putting businesses doing trade between ...
China unexpectedly anoints new trade negotiator amid US tariff war
China on Wednesday unexpectedly appointed a new trade negotiator key in any talks to resolve the escalating tariff war with ...
China Shrugs Off US 245% Tariff Threats, Says No Interest in “Numbers Game”
In the latest development in the U.S.-China trade tug-of-war, China has dismissed U.S. tariff threats, refusing to engage in what it described ...
China Names New Trade Envoy as Tariff War With US Escalates
China replaced its trade representative as Beijing and Washington remain at an impasse over the conditions for talks to cool ...
China vows to defend multilateral trade order, calls 245% US tariffs a ‘numbers game’
When asked to comment on media reports that China will convene an informal meeting of the UN Security Council next week to ...
China calls Trump’s new tariff threat ‘a mistake upon a mistake’ and looks for opportunity in global trade war
As countries around the world scramble to negotiate concessions from US President Donald Trump’s escalation last week of a ...
China, US at impasse over who should start trade talks
China's commerce ministry on Thursday urged the United States to stop putting "extreme pressure" on the world's ...