The underlying frictions between the world’s two largest economies will take much longer to resolve.
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Posted inBusiness, Nation & World
China’s president warns against ‘Cold War mentality’ amid trade skirmish
In an economic forum speech, Xi Jinping pledges market openness and takes a veiled swipe at Trump’s ‘America First’ policies.
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Posted inBusiness
Trade gap widened for sixth straight month in February
The trade deficit defies President Trump’s efforts to rebalance America’s trade with the rest of the world.
Posted inBusiness
Republicans warn that trade war risks party’s chances in November
The biggest impact will be in rural areas that long have been part of the Republican base.
Posted inBusiness, Nation & World
Analysis: Why Trump’s latest steps heighten risk of global trade war
China immediately threatens to retaliate if the United States followed through on its plan to impose tariffs on up to $60 billion of Chinese products.