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China’s government on Sunday denounced the Trump administration’s imposition of a long-threatened 10% tariff on Chinese imports while leaving the door open for talks with the US that could ...
The State of Texas is taking action against China that some are worried could trigger a trade war with the superpower. Texas Rep. Gene Wu raises concerns about state's potential trade war with ...
Today, imports and exports account for around 37% of China's GDP, compared with more than 60% in the early 2000s, according to the Council on Foreign Relations.
The Trump tariffs, along with the impacts of COVID-19, were a major factor in declining trade between China and the U.S. in 2019 and 2020. [221]: 142 Trade between the two countries subsequently rebounded significantly, and as of 2021 merchandise trade was down only marginally from its record high in 2018. [221]: 142
In the four weeks since Donald Trump assumed office one thing is clear: Namely, he is testing the limitations of U.S. presidential powers more than any U.S. leader since Franklin D. Roosevelt. The ...
The ALCOA case brought charges against a foreign consortium of aluminum traders and producers who had affected the price of raw aluminum and goods manufactured from aluminum in the United States through unfair trade practices of price fixing in violation of section 1 of the Sherman Antitrust Act ("every contract, combination ... or conspiracy ...
The International Trade Commission (ITC) provides trade expertise to both the legislative and executive branches of the federal government, determines the impact of imports on US industries, and directs actions against certain unfair trade practices, such as patent, trademark, and copyright infringement.
Overall, the U.S. trade deficit of all goods and services fell last year by almost 19%, the largest drop since 2009, as Americans bought less foreign oil and fewer China-made phones, toys and ...