China hits back with tariffs on US goods after Trump imposes new levies

China hits back with tariffs on US goods after Trump imposes new levies

China on Tuesday slapped tariffs on U.S. imports in a swift response to new U.S. duties on Chinese goods, renewing a trade war between the world’s top two economies as President Donald Trump sought to punish China for not halting the flow of illicit drugs. Trump’s additional 10% tariff across all Chinese imports into the U.S. came…

How China could respond to Trump’s new tariffs

How China could respond to Trump’s new tariffs

From retaliatory tariffs on US goods like car parts and soybeans to controls on raw minerals essential for American manufacturing, analysts say China has plenty of options if it wants to reply to fresh US levies. US President Donald Trump over the weekend announced 10 percent tariffs on Chinese products, upping the stakes in a…

China opposes US tariffs on Chinese imports, Beijing to take countermeasures — embassy

China opposes US tariffs on Chinese imports, Beijing to take countermeasures — embassy

China is one of the world’s toughest countries on counternarcotic both in terms of policy and its implementation. China deplores and opposes the US tariffs on imports of Chinese goods, spokesperson for China’s embassy in the US told to Russian News agency, TASS, adding that Beijing will take necessary measures to protect its legal interests….

Trump stretches trade law boundaries with Canada, Mexico, China tariffs

Trump stretches trade law boundaries with Canada, Mexico, China tariffs

President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing 25 percent tariffs on Canadian and Mexican imports and an extra 10 percent duty on Chinese goods to curb fentanyl and illegal immigration into the US. Trade and legal experts said the 1977 International Emergency Economic Powers…

China’s Vice President Han Zheng to attend Trump inauguration

China’s Vice President Han Zheng to attend Trump inauguration

China’s Vice President Han Zheng will attend US President-elect Donald Trump’s inauguration on Jan. 20, Chinese state news agencies said on Friday, with Beijing ready to enhance dialogue with the new US administration. Han’s participation in the Washington, DC event comes at the invitation of the US side, China’s national television broadcaster reported. “We are…

Ready for ‘smooth transition’ to Trump, China’s Xi tells Biden

Ready for ‘smooth transition’ to Trump, China’s Xi tells Biden

Chinese President Xi Jinping said Saturday he was ready to work with Donald Trump’s new administration for a “smooth transition” in bilateral ties, as he met outgoing President Joe Biden for the last time. The leaders of the world’s two largest economies met on the sidelines of an Asia-Pacific summit in Lima overshadowed by concerns of…