China hailed a trade agreement with the U.S. that will see both sides sharply reduce their tariffs for 90 days, calling it an “important step” that could lead to “deepening cooperation” between the world’s two largest economies. Why It Matters … Read More
Senior US and Chinese officials will meet in Switzerland this week to restart stalled trade talks after President Donald Trump’s tariff rollout, both countries said. The discussions mark the first public engagement to ease trade tensions since Trump’s January return … Read More
BEIJING/WASHINGTON, May 1 (Reuters) – The United States has approached China seeking talks over President Donald Trump’s 145% tariffs, a social media account affiliated with Chinese state media said on Thursday, potentially signalling Beijing’s openness to negotiations. “The U.S. has … Read More
Greetings friends, Big news this week includes the Canadian election. Mark Carney will remain Prime Minister as the liberal party retains power, albeit with a minority government. Carney, formerly central bank chair for both Canada and the UK, benefited from … Read More
Chinese officials are quietly drawing up a “whitelist” of critical U.S. goods that importers rely on to exempt them from Beijing’s retaliatory tariffs, Reuters reported, citing unnamed people familiar with the matter. Why It Matters The news adds to a … Read More
WASHINGTON, April 23 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Wednesday that high tariffs between the United States and China are not sustainable, as President Donald Trump’s administration signaled openness to de-escalating a trade war between the world’s … Read More
BEIJING (AP) — China on Monday warned other countries against making trade deals with the United States to China’s detriment. Governments including those of Taiwan, Japan and South Korea have begun negotiations with Washington after President Donald Trump announced sweeping … Read More
Greetings, Hope everyone has had a great start to this year’s Holy Days. We are looking forward to the Last Day of Unleavened Bread tomorrow here in Tyler with a potluck planned for after services and an evening of fun and fellowship … Read More
GUANGZHOU, China, April 15 (Reuters) – Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished. “It’s a matter of life and death because 60-70% … Read More
China has suspended rare earth exports in retaliation to President Trump’s recent tariff hikes, The New York Times reported. The Chinese government is drafting a new regulatory system for exports, and while the policies are being framed, the shipments of … Read More