Donald Trump denied China's claim that they had not met to discuss a trade war earlier in the day, and said there had been meetings. "They had a meeting this morning," Trump told reporters, declining to say to whom he was referring. "It doesn't matter who 'they' is. We may reveal it later, but they had meetings this morning, and we've been meeting with China." China said … [Read more...] about Trump Disputes China’s Claims: ‘No Ongoing Trade Talks’
China - U.S. Relations
China Suspends Rare Earth Shipments, Sending Shockwaves Through Tech Industry
The New York Times reported that China had suspended the export of rare earth minerals, magnets, and other products used by automakers and military contractors in response to President Donald Trump's tariffs against China. According to the report, China has halted exports as it develops a new regulatory framework requiring export licenses. According to the Times, China could … [Read more...] about China Suspends Rare Earth Shipments, Sending Shockwaves Through Tech Industry
China Hits Back: Tariffs on US Goods to Soar to 125%
China has announced that it will increase tariffs on U.S. products from 84% to 125% beginning Saturday. As U.S. President Donald Trump paused tariffs on other countries, the U.S. and China escalated their new trade war. China had notably said that it would fight American tariffs with its countermeasures. Trump's actions were called "economic bullying," which led Trump to … [Read more...] about China Hits Back: Tariffs on US Goods to Soar to 125%
Trump Vows ‘Massive’ 50 Percent Tariff on China, Escalating Trade War
Donald Trump, President of the United States, threatened China with an additional 50% tariff on Monday after the Asian nation imposed 34% tariffs on U.S. imported goods. He made the threat in a Truth Social posting: China retaliated yesterday with a 34% increase in Tariffs. This is on top of the already high Tariffs they have, as well as their illegal Subsidization, … [Read more...] about Trump Vows ‘Massive’ 50 Percent Tariff on China, Escalating Trade War