US EditionUS Trade Deals Seek to Shut Out China
- The US is negotiating trade deals with Asian and European partners to limit Chinese involvement in global supply chains.
- India is negotiating rules of origin for products, with the US proposing 60% local value addition, while India wants to reduce it to 35%.
- China's Foreign Minister Wang Yi is expected to address concerns about US trade impacts during his visit to Europe.
- Beijing is worried about becoming isolated in global trade due to US efforts, with analysts noting that countries may face a dilemma between US demand and Chinese supply.
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Chinese commerce official meets US executives, as firms aim to boost cooperation amid uncertainty
China International Trade Representative and Vice Minister of Commerce Wang Shouwen has recently met separately with two US business executives in Beijing, during which the parties stressed the importance of cooperation, according to statements from the Chinese Ministry of Commerce (MOFCOM) on Wednesday.
·Beijing, China
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China braces for US trade deals that aim to shut it out
The trade truce between Washington and Beijing may be holding for now, but China is increasingly wary about what’s happening elsewhere: US efforts to forge deals that could isolate Chinese firms from global supply chains.
·Bangkok, Thailand
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Total News Sources12
Leaning Left2Leaning Right4Center2Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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