The United States and China signed an initial trade pact this week, easing tensions between the two largest economies in the world.Read More »
China's use of its so-called Belt and Road initiative to build ports and other trade-related projects in Latin America is stirring alarm in Washington over Beijing's ambitions in a region that American leaders have seen since the 19th century as being off-limits to foreign powers.
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President Donald Trump proposed a new series of tariffs on Chinese imports on Tuesday, upping the stakes in a months-long trade dispute that has driven up the price of steel, aluminum and lumber. On Tuesday, Trump directed the U.S. Trade Representative to draw up ...Read More »
Vowing to cut U.S. trade deficits and protect the nation's high-tech "crown jewels," President Donald Trump said Friday he's levying a 25 percent tariff on up to $50 billion worth of Chinese imports, instantly escalating a trade dispute between the world's two largest economies.Read More »
Backing of six projects violate free-trade rules, ministry says By Joe McDonald Associated Press Beijing — China’s Commerce Ministry issued a ruling Thursday that U.S. government support for six renewable energy projects violated free-trade rules, the latest volley in a ...Read More »
By Martin Crutsinger AP Economics Writer Washington — The U.S. trade deficit rose to the highest level in 10 months as an improving U.S. economy pushed up demand for imports. However, exports rose as well, boosted by a weaker dollar, ...Read More »