Trump hints at China trip
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China’s defiant stance in negotiating a tariff truce with the US has convinced some countries they need to take a tougher position in their own trade talks with the Trump administration.
Analysts say Trump is looking to tighten tech restrictions, and this time Beijing has a better ‘toolkit’ to counter ‘long-arm jurisdiction’.
China's factory output slowed in April but showed surprising resilience, a sign that government support measures may have cushioned the impact of a trade war with the U.S. that threatens to derail momentum in the world's second-largest economy.
Goods imported into China from the US faced tariffs of more than 100% before the two countries agreed to lower the levies for 90 days.
Businesses are rushing to import Chinese goods after the U.S. struck a temporary deal. This "stop-go" nature of trade could still mean higher prices and doesn't ease uncertainty, an economist warns.
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Beijing is trying to win over other countries with vows of economic cooperation. But it won’t back down from its territorial claims, experts predict.
The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.
That is the U.S.’s effective tariff on China, with the deal announced after a weekend of negotiations, according to Evercore ISI. That figure includes levies in place be
General Motors late last week informed employees and dealers for its China export business it would stop shipping vehicles to China from the United States, the company said. The move comes as the United States and China continue discussions on tariffs and other trade issues.