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An economic conflict between China and the United States has been ongoing since January 2018, when U.S. president Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are longstanding unfair trade practices and intellectual property theft. [1]
Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday.
Mexico, for one, has overtaken China as the top source of imports into the U.S., with more than $115 billion of goods originating from there in the first three months of 2024 versus less than $100 ...
The shift reflects broader, rising tensions between China and the U.S.—tensions that include not only geopolitical clashes, but also economic conflicts with world-changing implications.
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 ...
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.
Without a US-led economic arm that could help contain China's geopolitical influence, US withdrawal was perceived by many to further enhance China's domination in the region. On October 4, 2018, Vice President Pence stated to the press that a new approach in dealing with China's excesses would be taken, officially ending the era of strategic ...
The world's largest agricultural importer also bought a record amount of soybeans last year, after buyers concerned about U.S.-China trade tensions rushed to secure U.S. soybeans ahead of incoming ...