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
The Trump administration will hit China with 104% tariffs starting at 12:01 a.m. Wednesday, the White House said Tuesday. President Donald Trump had threatened an extra 50% on tariffs against China − in addition to an initial 20% that was … Read More
HONG KONG, March 28 (Reuters) – China deployed two long-range H-6 bombers around the Scarborough Shoal this week, in Beijing’s latest move to assert sovereignty over the hotly disputed atoll in the South China Sea, satellite images obtained by Reuters … Read More
China has set an economic growth target for this year of “around 5%” and pledged to pump billions of dollars into its ailing economy, which is now facing a trade war with the US. Its leaders unveiled the plan as … Read More
China’s tit-for-tat import taxes on some American goods came into effect on Monday, as the trade war between the world’s two biggest economies escalates and US President Donald Trump threatens to hit more countries with tariffs. Beijing announced the plan … Read More
Trump made a preliminary determination that ‘control of the Chinese Communist Party’ over canal is a threat, the US state department said US Secretary of State Marco Rubio has warned Panama’s President Jose Raul Mulino that Washington will “take measures … Read More