Trump to speak with China’s President Xi after raising tariffs: White House
- Presidents Trump and Xi are expected to speak on the phone about tariffs after China announced new tariffs on American imports targeting energy products and vehicles, effective February 10.
- China will impose a 15% tax on certain coal and liquefied natural gas and a 10% tariff on crude oil and agricultural machinery, as stated by China's Ministry of Finance.
- Trump's Press Secretary, Karoline Claire Leavitt, mentioned that the 10% tariff on China is a response to the distribution of fentanyl into the U.S. over the last four years.
- The Chinese Ministry of Commerce plans to file a lawsuit with the World Trade Organization in response to the U.S. tariffs, stating that these actions violate international trade regulations.
66 Articles
66 Articles
Beijing does not want a tariff war, but it is entering it deliberately, as it opens up opportunities for it to realize its historical dreams.
Trump Suspends Trade War with Canada & Mexico; China Hits U.S. with Retaliatory Tariffs
China has announced retaliatory tariffs on U.S. goods after President Trump initiated a trade war by imposing an additional 10% tariff on all Chinese products. China’s Finance Ministry said it would levy 15% tariffs on U.S. coal and liquefied natural gas and 10% on crude oil, farm equipment and some U.S.-made vehicles. China is also imposing new export controls on certain minerals, including rare earth elements critical to the electronics indust…
Trump, Xi set to speak on US-China tariff battle
• Beijing slaps levies on US energy, autos; to probe Google over violations of anti-monopoly laws • US suspends tariffs on Mexico and Canada WASHINGTON: US President Donald Trump and Chinese counterpart Xi Jinping were expected to speak by phone, after slapping tariffs on each other’s economies in an escalating trade war. However, President Trump said on Tuesday evening he is in “no rush” to speak with Xi Jinping. Trump spoke to reporters at t…
The Korea Times
Trump in 'no rush' to speak with China's Xi despite tariff battle
U.S. President Donald Trump said Tuesday he was not in a hurry to speak with his Chinese counterpart Xi Jinping, despite expectations that they would hold talks after announcing tit-for-tat tariffs in a growing trade conflict.
China Responds to Trump Tariffs with Import Duties on US Goods
China has responded strategically to the US’s 10 percent tariffs by imposing its own tariffs on American coal, natural gas, oil extraction, and agricultural equipment. Additionally, it has launched investigations into Google and placed certain companies on a trade blacklist. The Chinese government asserts that US tariffs violate WTO rules. While the immediate economic impact […]
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