Beijing/Washington | Reuters – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion of products […] Read more
U.S.-China talks on trade war resume as new tariffs kick in
China retaliates for U.S. tariffs, slaps duties on soybeans
Beijing/Washington | Reuters — China quickly hit back on Wednesday at Trump administration plans to slap tariffs on US$50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, whiskey and chemicals. The speed with which the trade struggle between Washington and Beijing is ratcheting up […] Read more
With sorghum warning shot, Beijing targets Trump’s core farm base
Beijing | Reuters — In launching a probe into U.S. sorghum imports, China has fired a warning shot across its top trading partner’s bow that shows farmers in states that voted for U.S. President Donald Trump may be Beijing’s top retaliatory target in the event of a trade war. On Sunday, the Ministry of Commerce […] Read more
Trudeau says will keep exploring trade deal with China
Beijing | Reuters — Canada will continue to explore a free trade agreement with China, Prime Minister Justin Trudeau said on Monday, as it weighs its options after the U.S. threatened to pull out of the North American Free Trade Agreement (NAFTA). Speaking after a meeting with Chinese Premier Li Keqiang, Trudeau said if “done […] Read more
U.S., China agree to first trade steps under 100-day plan
Washington | Reuters –– The U.S. and China have agreed to take action by mid-July to increase access for U.S. financial firms and expand trade in beef and chicken among other steps as part of Washington’s drive to cut its trade deficit with Beijing. The deals are the first results of 100 days of trade […] Read more
Cyber-Savvy Farmer
