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Discontinued its own line of mobile phones and became a national distributor for Chinese mobile brand Honor. [10] Canada: BlackBerry Limited: Ended smartphone production in 2016; brand licensing agreement with TCL Communication ended in 2020. China: Konka Indonesia: Mito Italy: Telit Malaysia: Ninetology. Now an electric bicycle branded as E-Nine
United States trade deficits from 1997 to 2021. Deficits are over 50 billion dollars as of 2021 with the countries shown. Data from the US Census Bureau. The Trump tariffs (sometimes referred to in media as the Trump–China trade war) were protectionist trade initiatives during the first Trump administration against Chinese imports.
It was argued that the export ban was being used as leverage by the United States as part of an ongoing trade dispute with China. [44] [45] On 7 June 2018, ZTE agreed to a settlement with the Department of Commerce in order to lift the import ban. The company agreed to pay a US$1 billion fine, place an additional US$400 million of suspended ...
[110] [111] [112] China's Commerce Ministry accused the United States of launching a trade war and said China would respond in kind with similar tariffs for US imports, starting on July 6. [113] Three days later, the White House declared that the United States would impose additional 10% tariffs on another $200 billion worth of Chinese imports ...
The probe is being conducted under Section 301 of the Trade Act of 1974, the same unfair trade practices statute Trump invoked to impose tariffs of up to 25% on some $370 billion worth of Chinese ...
China abused its trade relationship with the US, costing over 4 million jobs. We also lost up to $600 billion in intellectual property per year. Trump should end that horrible deal.
The 30 largest trade partners of the United States represent 87.9 percent of U.S. exports, and 87.4 percent of U.S. imports as of 2021. These figures do not include services or foreign direct investment. In 2023, Mexico is still the second largest trading partner of the United States after Canada. [1]
China's trade surplus with the United States widened to $33.81 billion in August from $30.84 billion in July. Washington has repeatedly highlighted the surplus as evidence of the one-sided trade ...