China condemns Trump's 'tariff shocks' at WTO, warns of possible recession

The Chinese government reaffirmed Thursday’s opposition to US-imposed tariffs and stressed the need to address trade disputes through “dialogue” and “consultation,” after US President Donald Trump stated that a trade agreement with Beijing “is possible.” In his daily press conference, Chinese Foreign Ministry spokesman Guo Jiakun stated that the Asian giant “firmly opposes Trump’s tariff increases” and added that “both parties must address their…

China Condemns Trump’s ‘Tariff Shocks’ at World Trade Organization Meeting

China’s ambassador to the World Trade Organization (WTO), Li Chenggang, told a closed-door meeting in Geneva on Tuesday that President Donald Trump’s “tariff shocks” could trigger a worldwide recession. “These ‘tariff shocks’ heighten economic uncertainty, disrupt global trade, and risk domestic inflation, market distortion or even global recession. Worse, the U.S. unilateralism threatens to upend the rules-based multilateral trading system,” Li…

Good faith not tariffs basis for positive outcomes from talks: China Daily editorial

As China's Ambassador to the World Trade Organization Li Chenggang pointed out in a meeting of the World Trade Organization General Council in Geneva on Tuesday, the United States' imposition of unilateral and arbitrary tariffs on China and other trading partners has caused global "tariff shocks".

WTO holds 'constructive' talks after China condemns Trump tariffs

GENEVA — The World Trade Organization said on Wednesday that discussions on trade tensions were "constructive," after China accused the United States of imposing "tariff shocks" that could upend the global trading system. China condemned tariffs launched or threatened by U.S. President Donald Trump at a WTO meeting on Tuesday. Washington dismissed China's comments as hypocritical. Trump has announced sweeping 10% tariffs on all Chinese imports, …

China’s Tariffs Hit U.S. Coal, Oil, and LNG Exports

One of President Trump’s first orders of business after his inauguration was to introduce additional tariffs on Chinese imports. Beijing promptly returned the gesture, imposing tariffs on U.S. energy imports. Now it’s time for the aftershock. The effect of this primary tariff exchange was immediate, with Chinese energy traders beginning to redirect cargos of liquefied natural gas to Europe, which has been more than happy to take in any spare LNG…

China condemns Trump's tariffs at WTO, US hits back

US envoy David Bisbee has told a World Trade Organisation meeting that China's economy is a "predatory non-market...