China fires back at Trump’s 100% tariff threat
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Beijing has rejected US sanctions and warns of countermeasures, while Trump vows trade pressure to resolve tensions, sparking fears of a new tariff war.
China’s soybean imports hit a record high for the month of September, even as the country avoids US supplies amid a resurgence in trade tensions between the agriculture powerhouses.'
Beijing defends its new rare earth export curbs and warns its readying “corresponding measures” to counter any new U.S. tariffs.
The pause in the trade war between the U.S. and China may be at risk of breaking open again after Beijing implemented restrictions on rare earth exports.
16mon MSN
China’s exports to US drop in September, while rise in global shipments hits a 6-month high
HONG KONG (AP) — China’s exports to the United States fell 27% in September from the year before, even though growth in its global exports hit a six-month high.
Trump's said his new tariffs and export curbs would take effect on November 1 and threatened to cancel a meeting with Chinese President Xi Jinping later this month in South Korea.
Wall Street's main indexes ended sharply higher on Monday after President Donald Trump said U.S.-China trade relations "will all be fine" and that the U.S. did not want to "hurt" China. Lisa Bernhard has more.
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