Treasury Secretary Scott Bessent will finally start negotiating with Chinese counterparts. But business leaders shouldn’t expect any sudden breakthroughs.
Category: China
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China Is Likely to Play Hardball in U.S. Tariff Talks
Beijing says it will meet with American officials to discuss trade, but warned Washington against using the engagement to ratchet up pressure on China.
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Why China Is Investing So Much Money in Moroccan Factories
Morocco is linked to Europe on the strength of its auto sector and a trade pact. But its status as a connector country has become precarious in the trade war.
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China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank acted shortly after news that officials from China and the Trump administration will hold their first formal trade talks since the punishing tariffs began.
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Trump Officials to Meet With Chinese Counterparts Amid Trade Standoff
Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, will discuss trade and economic matters with the officials this week.
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Chinese Imports to US Hit 20-Year Low as Tariffs Sink In
While imports can swing with seasonal shifts, President Trump’s ratcheting up of U.S. tariffs on China has begun to cascade through supply chains, government data shows.
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Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Mattel, the U.S. toy company, said it would increase prices of some U.S. toys, citing levies on Chinese imports.
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Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Mattel, the U.S. toy company, said it would increase prices of some U.S. toys, citing levies on Chinese imports.
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How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.
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Oil Prices Slide Further on Plans to Increase Supply
U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
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Trump’s Tariffs Create Fear and Uncertainty at Vietnam’s Factories
The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.