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The US government has at times criticized various aspects of the US-China trade relationship, including large bilateral trade deficits, and China's relatively inflexible exchange rates. [23] The administrations of George W. Bush and Barack Obama imposed quotas and tariffs on Chinese textiles in order to shield US domestic producers, accusing ...
The U.S. Treasury Department and China's Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations. Led by Treasury ...
In the first nine months of this year, Mexico and Canada eclipsed the world’s second largest economy as America’s top trading partners, accounting for 15.7% and 15.3% respectively of total US ...
Inbound capital to China from the U.S.? It rocketed to an all-time high of $126 billion in 2022, the most recent year for which data is available.
Chinese leader Xi Jinping with U.S. President Joe Biden at the 17th G20 in Bali, November 2022.. The relationship between the People's Republic of China (PRC) and the United States of America (USA) has been complex and at times tense since the establishment of the PRC and the retreat of the government of the Republic of China to Taiwan in 1949.
The United States' NATO representative at the event referred to China as a "competitor". [30] According to a report by Reuters, in 2019 the United States CIA began a clandestine campaign on Chinese social media to spread negative narratives about the Xi Jinping administration in an effort to influence Chinese public opinion against the ...
U.S.-China tensions Yellen’s trip to China comes as both governments have tried to increase communication in what has become an increasingly tense relationship.
The China Initiative was a program by the United States Department of Justice to prosecute potential Chinese spies in American research and industry, in order to combat economic espionage. Launched in November 2018, the program targeted hundreds of prominent Chinese-American academics and scientists, of which an estimated 250 lost their jobs.