China says no tariff negotiations underway, contradicting Trump
China argued that it was not actively involved in the negotiation process over tariffs with the US, and expressed confidence that President Trump could enter into a new trade agreement with Beijing. His commerce department spokesman, Yadong, said Thursday that “claims about progress in trade negotiations between China and the US are unfounded as they […]
Bessent Tells China to Change or Be Changed
Bessent: China’s tariffs will stay until reform begins Secretary of the Treasury Scott Bescent This morning I stood in front of the International Institute of Finance and gave a speech that should be remembered as a turning point in US economic diplomacy. The media focused on his criticism of the IMF and the World Bank, […]
Trump Says U.S. Is ‘Going to Have a Fair Deal with China’
When asked about the discussion with China on Wednesday, President Donald Trump said the whole world wanted to be part of trade negotiations with the United States. Trump’s comments came during improvisation press after exploring the Northern Lawns of the White House and then researching the best places to gamble on the giant flag pole. […]
US, China Exchange Barbs Over Trade War At UN
united nations: China saved US trade practices on Wednesday with a UN speech that burned “bullying” and “terrifying mail,” and the accusations rejected by Washington levelled its own criticism of rival Beijing’s policies. “One-sided practices are on the rise, and bullying practices are ramping… blatantly challenge the international order based on international law and international […]
Trump signals shift in tone on China tariffs
President Trump on Wednesday attempted to thwart the trade war with China, acknowledging that the 145% obligation he slapped in Beijing is “very high” and that he is optimistic that he could sign a contract with President Xi Jinping in the US market. “We’re dealing with a lot of countries now and we could be […]
China slams US tariffs as ‘bullying’ at informal UN Security Council meeting
Hillel Neuer, the UN executive director of surveillance, accusing China of blaming bullying, and mediators discuss the Trump administration, which is considering offering new peace plans to Israel and Hamas and cutting UN and NATO funds. united nations – China accused other countries of using tariffs as it led a UN Security Council meeting on […]
China sends back Boeing planes amid increased tariffs
Boeing CEO Kelly Ortberg said the company is working with China to retrieve the planes it sent to the country amid the rise in tariff war between China and the US. Autoberg said in an Interview with CNBC Boeing has three planes “ready for delivery” to China. Two of them had already been returned, but […]
How businesses are resorting to risky tactics to dodge 145% tariff on China
US and Chinese companies are rushing to find a way to skirt President Trump’s sudden tariffs on Beijing imports. Some rely on dangerous tactics to operate products through other countries, Post learned. According to logistics data provider Vizion, US manufacturing orders from China fell by nearly two-thirds in the first week of April. Trump reportedly […]
Customers canceled 30% of orders from China, says shipping giant
Hapag-Lloyd, a leading shipping container company, said customers have cancelled 30% of orders from China to the US as President Trump’s strict tariffs have caused chaos at ports around the world. Meanwhile, demand for shipments from Thailand, Cambodia and Vietnam has “a significant increase,” Vietnam, the world’s largest German shipping company, told Reuters. “We believe […]
Boeing to be ‘pragmatic’ on China sales amid trade tensions, CEO says
President Donald Trump chose the aerospace giant to build the next generation of aviation control platforms. Boeing CEO Kelly Autoberg said Wednesday that he will work to protect the aerospace giant’s turnaround from the effects of the trade war between the US and its trading partners, particularly China. Prior to the company’s quarterly revenue announcement, […]