Here’s what to know about the biggest sources of tension in U.S.-China relations before the first summit in Beijing in nine years between the nations’ leaders.
Category: Embargoes and Sanctions
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What to Watch at Trump and Xi’s U.S.-China Summit
The New York Times – Business: -
Trump’s Shrinking Ambitions on China
The New York Times – Business:The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.
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Trump’s Shrinking Ambitions on China
The New York Times – Business:The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.
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How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil
The New York Times – Business:As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
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As Trump Heads to Beijing, China Is ‘Locked and Loaded’ for a Fight
The New York Times – Business:Beijing is signaling that it is ready for a trade showdown, and it is building up a legal arsenal in preparation.
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U.S. Targets Iran’s Missile and Drone Program With Sanctions
The New York Times – Business:The new measures are focused on Chinese companies that supply Iran’s military with materials to make drones.
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Iran Says It Seized Oil Tanker That Was Sanctioned by U.S.
The New York Times – Business:A maritime tracking company said the move was likely performative, given the Chinese-owned ship has an “established history within the Iranian trade ecosystem.”
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U.S. Warns China Over Iranian Oil as Sanctions Fight Intensifies
The New York Times – Business:China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude.
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Treasury Issues More Sanctions on Iranian Oil Exports
The New York Times – Business:The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
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U.S. Sanctions Zigzag in New World of Economic Warfare
The New York Times – Business:With oil prices in mind, the Trump administration has deployed a haphazard approach to sanctions on Russia and Iran.
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War and Sanctions Accelerate China’s Currency Push
The New York Times – Business:China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
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Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz
The New York Times – Business:Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began.