Government, Business

Trade Talks With US Planned for January, China Says

China Getty Images

BEIJING — China’s government said Dec. 27 it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade.

Associated Press
December 20, 2018
Government, Business, Logistics

China Agrees to Resume Purchasing US Soybeans

Soybean Field Daniel Acker/Bloomberg News

China resumed buying U.S. soybeans, bringing some relief to farmers in President Donald Trump’s heartland as President Xi Jinping works toward a trade deal with his American counterpart.

Bloomberg News
December 13, 2018
Government, Business

China Is Said to Move Toward Lower Tariffs on U.S.-Made Cars

Auto Show Automobile show in China. (Qilai Shen/Bloomberg News)

China is moving toward cutting its trade-war tariffs on imported U.S.-made cars, a step already claimed by President Donald Trump as a concession won during trade talks in Argentina.

Bloomberg News
December 11, 2018
Government, Business, Logistics

China Implementing Agreed-Upon Trade Deals With US, Official Says

Container Ship Simon Dawson/Bloomberg News

China and the United States have reached agreement in the sectors of agriculture, autos and energy, and China will immediately start implementing that consensus, a government spokesman said.

Bloomberg News
December 6, 2018
Government, Business

No Rejoicing at US Farms Until Trump Trade Truce Pays Off

Soybean Harvest Daniel Acker/Bloomberg News

U.S. farmers are pleased that President Donald Trump and Xi Jinping agreed to a trade truce, but they’re not rejoicing just yet. That won’t come until they see ships full of their soybeans headed to China.

Shruti Date Singh and Jeremy Hill | Bloomberg News
December 4, 2018
Government, Business

Farmers Have Little to Cheer From China Trade Truce, So Far

Soybean Field Soybean field. (Daniel Acker/Bloomberg News)

For a soybean farmer in Iowa or Illinois, it may be premature to celebrate the ceasefire in the trade war between the U.S. and China.

Alfred Cang | Bloomberg News
December 3, 2018
Government, Business

Trade War Drives Farmers to Corn as China Shuns US Soybeans

Corn Corn is expected to become the dominated crop over soybeans next growing season. (Daniel Acker/Bloomberg News)

President Donald Trump’s trade war with China is set to prompt a shift in the U.S. farm industry as growers switch to other crops.

Isis Almeida and Lydia Mulvany | Bloomberg News
October 12, 2018
Government, Business

China Trade Surplus With US Widens to Record $34.1 Billion

Ships in Chinese bay Associated Press

BEIJING — China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13% over a year earlier despite a worsening tariff war.

Joe McDonald | Associated Press
October 12, 2018
Government, Business

Tariffs Start to Drag on US Economy as Trade Deficit Widens

China steel Qilai Shen/Bloomberg News

Fresh data on the U.S. economy show President Donald Trump’s escalating trade war is shaping up as a clear drag on growth this quarter.

Shobhana Chandra | Bloomberg News
September 27, 2018
Government, Business

Trump Plans to Slap 10% Tariff on $200 Billion of Chinese Goods, Sources Say

China stock market board Investors are silhouetted in front of an electronic board displaying stock prices at a brokerage house in Beijing on Sept. 17. (Andy Wong/AP)

The Trump administration will announce as early as Sept. 17 that it is imposing a 10% tariff on $200 billion of Chinese goods, which Beijing already has said it will retaliate against, according to three people familiar with the decision.

Jenny Leonard and Saleha Mohsin | Bloomberg News
September 17, 2018