On Wednesday, according to available customs data, soybean imports from the United States by China has surged in November in comparison to the previous year. China has purchased 2.56 million tonnes of U.S. soybeans, up from zero a year ago… Read More ›
In a statement, China’s finance ministry stated, it will lower tariffs on products ranging from avocado, and frozen pork to some type of semiconductors in 2020. In the coming year, Beijing is scheduled to lower import tariffs, which are lower… Read More ›
On Thursday, China unveiled a new list of U.S. imports which will be exempted from tariffs following the two countries announcing a Phase 1 trade deal. The waivers will be effective from December 26, and will apply for six items,… Read More ›
According to U.S. sources, the United States is ready to suspend some tariffs provided China is willing to commit to purchasing more U.S. goods. As per a source briefed on the status of bilateral negotiations between Washington and Beijing, the… Read More ›
According to three sources familiar with the matter at hand, U.S. President Donald Trump is scheduled to meet with top trade advisers on Thursday in order to discuss U.S. tariffs which are scheduled to kick-in on December 15 on $160… Read More ›
U.S. President Donald Trump will have the final on tariffs as well as that on the U.S.-China trade deal, said White House trade adviser Peter Navarro. “Either way we’re going to be in a great place … The president loves… Read More ›
In a significant development, U.S. President Donald Trump has signed into law a congressional legislation which backs the pro-democracy uprising in Hong Kong despite objections from China. The development midst Washington and Beijing trying to hammer out a deal to… Read More ›
According to China trade experts, the completion of the Phase One deal is likely to provide little incentive for Beijing to negotiate any further, given the approaching U.S. presidential election in 2020. According to U.S. Trade Representative’s office and China’s… Read More ›
Vietnam is also cracking down on Chinese export products that are mislabelled as “Made in Vietnam” in order to avoid U.S. tariffs on products made in China. Following an investigation which was launched in January 2019, which found that Chinese… Read More ›
These new tariffs are likely to significantly impact numerous U.S. small and medium sized family businesses which import these European goods into the United States. In a significant development that sees a further escalation of the U.S.-EU trade war, the… Read More ›
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