trade war - updates

Rappler's latest stories on trade war

ARTICLE FINDER

China will not devalue renminbi to spur exports – central bank chief

Mar 10, 2019 - 5:36 PM

'We will never use the exchange rate for the purpose of competition, nor will we use the exchange rate to increase China's exports,' says People's Bank of China Governor Yi Gang

Photo from Shutterstock

Trump urges China to remove tariffs on U.S agricultural products

Mar 02, 2019 - 2:14 PM

A meeting between Trump and his Chinese counterpart, Xi Jinping, is also expected this month

TRADE WAR. US President Donald Trump engages in trade talks between rival power China. Photo by Doug Mills / POOL / AFP

U.S. to delay China tariff increase – Trump

Feb 25, 2019 - 9:30 AM

The US president also says he plans to hold a summit with Chinese President Xi Jinping at his Florida estate Mar-a-Lago to sign a deal

US President Donald Trump doesn't want to invite Cleveland Cavaliers nor the Golden State Warriors for an official White House visit. AFP Photo

Crunch time as high-level U.S.-China trade talks resume

Feb 21, 2019 - 11:03 PM

Chinese trade envoy Liu He is leading Beijing's delegation in meetings with US Trade Representative Robert Lighthizer and other American officials

TRADE TALKS RESUME. US Trade Representative Robert Lighthizer (L) takes part in US-China trade talks with China's Vice Premier Liu He (R) in the Eisenhower Executive Office Building on February 21, 2019 in Washington, DC. Photo by Mandel Ngan/AFP

U.S.-China trade talks: What's under debate

Feb 17, 2019 - 1:42 PM

The two sides are working towards a Memorandum of Understanding to detail their commitments ahead of a potential meeting between Trump and X

ENDING SOON? Talks on the US-China trade war are set to begin soon. File photo by Brian Blanco/Getty Images/AFP

IMF warns of global economic 'storm' as growth undershoots

Feb 10, 2019 - 11:00 PM

'The bottom line – we see an economy that is growing more slowly than we had anticipated,' says International Monetary Fund Managing Director Christine Lagarde

Christine Lagarde (R) , Managing Director and Chairwoman of the International Monetary Fund, speaks to journalist Richard Quest, during the opening session of the World Government Summit in Dubai, on February 10, 2019. (Photo by KARIM SAHIB / AFP)

High-stakes U.S.-China trade talks resume as deadline approaches

Feb 10, 2019 - 9:48 AM

Financial markets worldwide have lost ground in recent days as comments about the status of the talks turned more cautious

VISIT. An official delegation from the United States will be visiting China. File photo by Brian Blanco/Getty Images/AFP

China vows increased U.S. imports, IP protection at trade talks

Feb 01, 2019 - 11:52 AM

In a breakthrough, China agrees to increase imports of US goods and boost cooperation on protecting intellectual property

NEGOTIATIONS. US and China delegations during the trade talks in Washington DC on January 30, 2019. Photo by Jim Watson/AFP

U.S., China resume trade talks with a chill in the air

Jan 31, 2019 - 7:41 AM

The two sides have just a month remaining in a 90-day truce declared in December in the trade war

WASHINGTON, DC - JANUARY 30: U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He lead their delegations as they begin trade negotiations in the Diplomatic Room at the Eisenhower Executive Office Building January 30, 2019 in Washington, DC. The top trade officials are beginning two days of face-to-face trade talks to end a monthslong trade war between the worlds two largest economies. Chip Somodevilla/Getty Images/AFP  CHIP SOMODEVILLA / GETTY IMAGES NORTH AMERICA / AFP

U.S., China resume trade talks with a chill in the air

Jan 30, 2019 - 11:44 AM

The world's two largest economies are battling for nothing less than future dominance in critical high-tech industries, according to US Trade Representative Robert Lighthizer, the lead US negotiator

TRADE TALKS. In this file photo, US Trade Representative Robert Lighthizer (C) walks through a hotel lobby on his way to the Diaoyutai State Guest House to meet Chinese officials in Beijing on May 4, 2018. File photo by Nicolas Asfouri/AFP

WTO to probe Trump's China tariffs

Jan 28, 2019 - 11:20 PM

Under WTO regulations, parties in a dispute can block a first request for the creation of an arbitration panel, but if the parties make a second request, it is all but guaranteed to go through

THE WORLD TRADE ORGANIZATION. The World Trade Organization (WTO) headquarters in Geneva on April 12, 2018. File photo by Fabrice Coffrini/AFP

China's economy grew at slowest pace in 28 years in 2018

Jan 21, 2019 - 12:12 PM

The 6.6% growth is above the official target of around 6.5%, but is down from the 6.8% chalked up in 2017, according to the National Bureau of Statistics

This photo taken on April 9, 2018 shows workers transferring soybeans at a port in Nantong in China's eastern Jiangsu province. President Xi Jinping vowed on April 10 to take new steps to open China's economy "wider and wider" amid a broiling trade confrontation with the United States. / AFP PHOTO / - / China OUT

U.S. officials consider lifting China tariffs – report

Jan 18, 2019 - 8:59 AM

American and Chinese trade officials have until March 1 to resolve their trade war, to prevent a sharp increase in punitive US duties on $200 billion in Chinese goods

World Bank warns brewing trade storm jeopardizes global economy

Jan 09, 2019 - 3:29 PM

Growth of the world economy is expected to slow to 2.9% this year, and 2.8% in 2020, slightly below the previous forecast

U.S. negotiators in Beijing for trade war talks

Jan 07, 2019 - 9:52 AM

The American delegation in Beijing includes officials from the Treasury, Commerce, Agriculture and Energy departments

TRADE WAR TALKS. Deputy US Trade Representative Jeffrey Gerrish (C) leaves a hotel with his negotiation team in Beijing on January 7, 2019. Photo by Wang Zhao/AFP

Xi, Trump vow cooperation on diplomatic anniversary – state media

Jan 01, 2019 - 1:52 PM

Trump hails his 'solid friendship' with China's Xi, despite the ongoing trade war between the two countries

FRIENDSHIP. China President Xi Jinping hopes 'to advance China-US relations featuring coordination, cooperation and stability.' File photo by Jim Watson/AFP

Xi says China, U.S. want 'stable progress' on ties in Trump call – Xinhua

Dec 30, 2018 - 7:37 AM

Chinese President Xi Jinping expresses hope that 'both teams can meet each other halfway and reach an agreement beneficial to both countries and the world as early as possible,' reports Chinese state-run news agency Xinhua

FIRST MEETING. File photo shows US President Donald Trump and Chinese President Xi Jinping during dinner at the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017. File photo by Jim Watson/AFP

China vows quick trade moves as U.S. sends mixed signals

Dec 05, 2018 - 3:27 PM

The Chinese commerce ministry lauds Donald Trump's talks with Xi Jinping at the weekend as 'successful' and says it is 'confident' that their agreement will be implemented

TRUCE. The Chinese commerce ministry lauds Donald Trump's talks with Xi Jinping at the weekend as 'successful.' File photo by Fred Dufour/AFP

U.S. wants 'concrete' trade action from China within 90 days

Dec 04, 2018 - 4:19 PM

Treasury Secretary Steven Mnuchin says US and China held 'very specific discussions' in Buenos Aires on December 1 on steps to defuse their conflict

US-CHINA TRADE. In this file photo taken on April 21, 2018 US Treasury Secretary Steve Mnuchin holds a press conference during the IMF/World Bank spring meeting in Washington, DC. File photo by Andrew Caballero-Reynolds/AFP

Trump says U.S.-China ties make 'BIG leap forward'

Dec 03, 2018 - 10:01 PM

At their dinner meeting in Buenos Aires, Trump and Xi Jinping agree to suspend any new tariffs and give negotiators 90 days to strike a deal

US President Donald Trump (R) and China's President Xi Jinping (L) along with members of their delegations, hold a dinner meeting at the end of the G20 Leaders' Summit in Buenos Aires, on December 01, 2018. - US President Donald Trump and his Chinese counterpart Xi Jinping had the future of their trade dispute -- and broader rivalry between the world's two top economies -- on the menu at a high-stakes dinner Saturday. (Photo by SAUL LOEB / AFP)

U.S. and China in trade tariffs truce after tense G20 summit

Dec 02, 2018 - 11:09 AM

(3rd UPDATE) Trump withdraws his threat to raise the US tariffs even more on January 1, in return for a promise from China to buy more US goods and enter into a 90-day period of talks to resolve their differences

TAX SUSPENSION. US President Donald Trump (R) and Chinese President Xi Jinping (L) shake hands during dinner at the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017. File photo by Jim Watson/AFP

Trump heads to G20 summit primed for new conflicts

Nov 29, 2018 - 9:07 PM

The weekend summit is confronted with increasingly dire warnings of the potential harm faced by the world economy from Trump's trade wars

FRACTIOUS. File photo of US President Donald Trump during the G7 Summit on June 9, 2018 in Quebec City, Canada.  Photo by Leon Neal/Getty Images/AFP

U.S. slams harmful China trade policies, threatens auto tariffs

Nov 29, 2018 - 3:50 PM

'China's aggressive, state-directed industrial policies are causing severe harm to US workers and manufacturers,' says US Trade Representative Robert Lighthizer

TRADE. In this file photo, US Trade Representative Robert Lighthizer (R) attends the Asia-Pacifics Economic Cooperation (APEC) 23rd Ministers responsible for Trade Meeting at the National Convention Center in Hanoi on May 20, 2017. File photo by AFP

Alibaba's Ma calls trade war 'stupidest thing in the world'

Nov 05, 2018 - 10:19 PM

'Trade is to form ... peace. Trade is to communicate...nobody can stop free trade' says Jack Ma, the Alibaba e-commerce tycoon

STUPIDEST. File photo of Alibaba founder Jack Ma. Photo by Munir Uz Zaman/ AFP

Global trade wars risk 'millions of jobs' – WTO chief

Oct 18, 2018 - 1:01 PM

'A continued escalation of tensions would pose real risks,' says World Trade Organization chief Roberto Azevedo

ROBERT AZEVEDO. World Trade Organization Director-General Roberto Azevedo gestures after he speaks to reporters on February 22, 2017 in Geneva.File photo by Fabrice Coffrini / AFP

'Window of opportunity narrowing' on global growth – IMF

Oct 13, 2018 - 4:02 PM

The International Monetary Fund also warns that 'everyone is going to suffer' from a trade-and-currency clash between the United States and China, the world's two biggest economies

IMF cuts global growth forecast to 3.7% for 2018, 2019 as risks rise

Oct 09, 2018 - 9:19 AM

The International Monetary Fund warns that risks highlighted in previous reports 'have become more pronounced or have partially materialized' in the real world

GROWTH FORECAST. The International Monetary Fund logo is seen 05 April 2007 in Washington, DC.  File photo by Tim Sloan/AFP

China, Russia denounce 'blackmail' as rift with U.S. exposed at UN

Sep 29, 2018 - 10:19 AM

The United States' relations with China and Russia continue to plummet amid President Donald Trump's accusations against the two countries

Trade wars hint at 'deeper economic malaise' – U.N.

Sep 27, 2018 - 12:35 PM

The UN Conference on Trade and Development warns of 'economic storm clouds gathering,' with tepid growth being fueled by skyrocketing debt

Trump accuses China of election meddling

Sep 19, 2018 - 12:01 AM

The allegation adds an explosive new element to a tense situation after Trump pulled the trigger on 10% tariffs against another $200 billion in Chinese goods from next week, with a threat of more tariffs on another $267 billion

TRADE WARS. In this file photo taken on July 19, 2017, US President Donald Trump holds up a pair of pliers as he speaks during a Made in America event with US manufacturers in the East Room of the White House in Washington, DC. Photo by Saul Loeb/AFP

Trump turns up the heat in trade conflict with China

Sep 08, 2018 - 10:23 AM

President Donald Trump threatened to slap another more tariffs on all imported Chinese goods, says another $200 billion 'could take place very soon'

Trump endorses call for boycott of Harley-Davidson motorcycles

Aug 13, 2018 - 9:21 AM

The US President is mad that the Wisconsin-based manufacturer – once a presidential favorite – announced it is moving some production out of the US

NEW YORK, NY - JUNE 25: A Harley-Davidson logo adorns a bike outside of the Harley-Davidson of New York City showroom store, June 25, 2018 in the Queens borough of New York City. The American motorcycle company announced on Monday that it will shift production of some of its bikes overseas in order to avoid retaliatory tariffs by the European Union in response to U.S. President Donald Trump's tariffs on steel and aluminum imported from the EU. Drew Angerer/Getty Images/AFP  Drew Angerer / GETTY IMAGES NORTH AMERICA / AFP

China set to respond to new round of U.S. tariffs

Aug 09, 2018 - 12:16 AM

China's levies will come into force at 12:01 on August 23, according to a statement on the finance ministry's web site

Asian countries denounce 'real threat' of global trade war

Aug 04, 2018 - 7:52 PM

Some ministers have called for the early conclusion of talks for the Regional Comprehensive Economic Partnership, a 16-nation pact poised to become the world's largest free-trade agreement

SUMMIT. Participating foreign ministers pose for a group photograph at the 8th East Asia Summit (EAS) Foreign Ministers'€™ Meeting, during the 51st Association of Southeast Asian Nations (ASEAN) Ministerial Meeting (AMM) in Singapore on August 4, 2018. Leaders, ministers and representatives are meeting in the city-state from August 1 to 4 for the ASEAN Ministerial Meeting (AMM). Photo by Roslan Rahman/AFP

China says tariff threat against U.S. 'justified'

Aug 04, 2018 - 4:23 PM

China's Foreign Minister Wang Yi says the threat of retaliatory tariffs against the United States was a measure taken to 'uphold the interests of the Chinese people'

China's Foreign Minister Wang Yi (C) listens to questions from journalists as he leaves a press conference during the 51st Association of Southeast Asian Nations (ASEAN) in Singapore on August 2, 2018. Leaders, ministers and representatives are meeting in the city-state from August 1 to 4 for the ASEAN Ministerial Meeting (AMM). / AFP PHOTO / Mohd RASFAN

China threatens new tariffs on $60 billion worth of U.S. goods

Aug 03, 2018 - 9:03 PM

(UPDATED) The commerce ministry issues a statement saying the new duties would be applied if Washington pulls the trigger on President Donald Trump's threat to raise tariffs on $200 billion worth of Chinese goods

TRADE WAR FEARS. Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell, August 2, 2018 in New York City. Photo by Drew Angerer/Getty Images/AFP

China's Xi says 'no winner' in any trade war

Jul 25, 2018 - 11:02 PM

'Unilateralism and protectionism are mounting, dealing a severe blow to multilateralism and the multilateral trading regime,' Chinese President Xi Jinping says, without mentioning the United States by name

XI JINPING. File photo of China's President Xi Jinping at the Diaoyutai State Guesthouse in Beijing on June 21, 2018. Photo by Fred Dufour/Pool/AFP

EU's Juncker in last-ditch bid to end Trump trade war

Jul 23, 2018 - 6:46 PM

European Commission head Jean-Claude Juncker, follows a long list of European leaders who have tried to lure Trump away from a protectionist onslaught that has spooked financial markets and the world

JUNCKER. President of EU Commission Jean-Claude Juncker gestures ahead of a College Commissioners meeting at EU headquarters in Brussels on July 18, 2018. Photo by John Thys/AFP

Trump's many trade wars: a summary

Jul 20, 2018 - 10:38 AM

US president is picking international trade fights in many fronts

TRADE WARS.  US President Donald Trump has been waging battles on trade in many fronts. AFP Photo

As trade war rages, Trump flags fly out of China factory

Jul 16, 2018 - 11:14 AM

President Trump rails against Chinese imports, pushes for 'buy American', and launches the trade confrontation to punish China for what he considers predatory trade policies. But his anger does not appear to extend to flags.

MADE IN CHINA. This photo taken on July 13, 2018 shows Chinese employees sewing US flags at a factory in Fuyang in China's eastern Anhui province. AFP Photo

Trade war ramps up as U.S. threatens $200B in Chinese goods

Jul 11, 2018 - 1:04 PM

(UPDATED) Reacting to the 'totally unacceptable' Washington list, the commerce ministry in Beijing says it will be forced to take 'countermeasures'

TRADE WAR. In this file photo, US Trade Representative Robert Lighthizer speaks during the 11th Ministerial Conference of the World Trade Organization (WTO) plenary session in Buenos Aires, Argentina, on December 11, 2017. File photo by Eitan Abramovich/AFP

Trump unleashes trade war with tariffs on China

Jul 06, 2018 - 1:15 PM

(UPDATED) Economists have warned that the tit-for-tat measures could throttle global growth and strike at the heart of the world trade system, causing shockwaves across the planet

Trade Wars: Trump loads decisive volley against China

Jul 05, 2018 - 2:16 PM

(UPDATED) Beijing has vowed to retaliate dollar-for-dollar, 'immediately' imposing counter-tariffs on American exports

EU slaps tariffs on U.S. as trade war erupts

Jun 22, 2018 - 2:13 PM

The tariffs will further fuel jitters on world stock markets that are already alarmed by trade tensions between the United States and China

File photos from AFP, Shutterstock

Trump ignites trade war with China, triggering swift retaliation

Jun 15, 2018 - 10:16 PM

(UPDATED) Making good on a pledge to punish the alleged theft of American intellectual property, Trump warns in a statement of 'additional tariffs' if China hits back with tit-for-tat duties on American goods and services exports

Trump lashes out at U.S. allies in Twitter rant

Jun 11, 2018 - 6:11 PM

'Fair Trade is now to be called Fool Trade if it is not Reciprocal,' Trump tweets, as he criticizes Canadian tariffs on imports of US milk

A handout photo taken by Ministry of Communications and Information of Singapore on June 11, 2018 shows US President Donald Trump (L) blows a candle after being presented a cake during a working lunch with Singapore's Prime Minister Lee Hsien Loong (not pictured) during his visit to The Istana, the official residence of the prime minister, in Singapore. Kim Jong Un and Donald Trump will meet on June 12 for an unprecedented summit in an attempt to address the last festering legacy of the Cold War, with the US President calling it a "one time shot" at peace. / AFP PHOTO / Ministry of Communications and Information of Singapore AND AFP PHOTO / Handout / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Ministry of Communications and Information of Singapore" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS - NO ARCHIVES

China warns U.S. against tariffs as trade talks end

Jun 03, 2018 - 7:01 PM

'If the US introduces trade sanctions including tariff increases, all economic and trade achievements negotiated by the two parties so far will be void,' the Chinese government says in a statement

EU joins global battle against Trump tariff onslaught

Jun 02, 2018 - 3:22 PM

Brussels and Ottawa filed legal challenges at the WTO against Washington's decision. The EU, Canada and Mexico also threatened stiff retaliatory tariffs as they pushed back against Trump's moves.

TRADE WAR. Steel is loaded onto a truck for shipping at the NLMK Indiana steel mill on March 15, 2018 in Portage, Indiana. Photo by Scott Olson / Getty Images North America / AFP

World on brink of trade war as U.S. slaps tariffs on allies

Jun 01, 2018 - 7:27 PM

Washington angers its major allies by slapping duties of 25 percent and 10 percent on imports of aluminium and steel

TIT FOR TAT. Levi's clothes are seen on the day President Donald Trump placed tariffs on steel and aluminum imports and European Union responded by warning that it would target iconic American brands such as Levi's. Photo by Joe Raedle/Getty Images/AFP

U.S., China back off on tariffs, easing trade tensions

May 20, 2018 - 10:21 AM

(UPDATED) 'The two sides reached a consensus, will not fight a trade war, and will stop increasing tariffs on each other,' says China's Vice Premier Liu He