trade wars - updates

Rappler's latest stories on trade wars


Trump claims a victory in China trade war, but U.S. farmers want details

Oct 15, 2019 - 7:35 PM

American farmers aren't celebrating just yet, as they seek concrete information on the United States' tentative trade deal with China

Farmer Terry Davidson walks through his soy fields July 6, 2018, in Harvard, Illinois, the same day China imposed retaliatory tariffs aimed at the US soybean market. - Davidson, 41, is a fifth generation farmer, a Democrat among mostly Republicans. He expects to be farming long after the US-China trade tariffs become a distant memory. "We've survived since the 1800s and we're still going. So, I think we'll keep going," Davidson says. (Photo by Nova SAFO / AFP)

China imports, exports down in September 2019 as growth cools

Oct 14, 2019 - 4:10 PM

China's imports dive 8.5% while exports drop 3.2% in September 2019, amid its trade war with the United States

MANUFACTURING. Workers produce desks at a factory in Nantong in China's eastern Jiangsu province on September 4, 2019. Photo by AFP

Partial U.S.-China trade deal only 'baby step' as thorny issues remain

Oct 13, 2019 - 11:05 PM

Analysts say the initial trade agreement between the United States and China will take weeks to finalize and the details remain unclear

(FILES) This file photo taken on June 24, 2019 shows containers at the Qingdao Port Foreign Trade Container Terminal in Qingdao, in China's eastern Shandong province. - A partial US-China deal may only offer a temporary tariff reprieve because it lacks specifics and leaves the thorny issues for later, analysts said, allowing both economic powers to claim success. (Photo by STR / AFP) / China OUT

U.S., China resume trade talks amid uncertainty

Oct 10, 2019 - 10:00 PM

The atmosphere surrounding the talks is acrimonious and shifting rapidly, with one news report overnight saying Chinese officials could cut short their visit

TRADE TALKS. US Treasury Secretary Steven Mnuchin (R) greets Chinese Vice Premier Liu He as he arrives for trade talks at the Office of the US Trade Representative in Washington, DC, October 10, 2019. Photo by Saul Loeb/AFP

U.S. curbs China officials' visas, demands end to Uighur 'repression'

Oct 09, 2019 - 7:21 AM

(UPDATED) US Secretary of State Mike Pompeo tweets: 'China must end its draconian surveillance and repression, release all those arbitrarily detained and cease its coercion of Chinese Muslims abroad'

CHINA MUST STOP. File photo of US Secretary of State Mike Pompeo. Photo by Nicholas Kamm/AFP

China buys 'considerable' amount of U.S. pork, soybeans

Sep 26, 2019 - 8:05 PM

As the US-China trade war drags on, a Chinese commerce ministry spokesman says he hopes the two sides could 'create beneficial conditions for cooperation'

AGRICULTURAL IMPORTS. China says its market demand for high quality agricultural products is 'very large.' Photo from Shutterstock

China to exempt U.S. pork and soybeans from added tariffs – state media

Sep 13, 2019 - 9:49 PM

The announcement is the latest in a series of appeasement measures between the world's two biggest economies

China removes several U.S. products from tariffs list

Sep 11, 2019 - 8:45 PM

(UPDATED) This marks the first time China has announced products to be excluded from tariffs, as its trade war with the United States continues

South Korea to file WTO complaint over Japan's export curbs

Sep 11, 2019 - 8:15 PM

South Korea accuses Japan of violating World Trade Organization principles

TRADE WAR. The trade dispute between South Korea and Japan heats up. Photo from Shutterstock

Getting out: Tariffs push some U.S. manufacturers to exit China

Sep 05, 2019 - 6:40 PM

A phone accessories manufacturer, for instance, sets up in the Philippines, Taiwan, and Vietnam due to the United States-China trade war

Workers produce desks for export to the US, France, Germany and other countries, at a factory in Nantong in China's eastern Jiangsu province on September 4, 2019. - China said on September 2 it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force. (Photo by STR / AFP) / China OUT

U.S., China to resume trade talks in Washington in October

Sep 05, 2019 - 11:55 AM

(UPDATED) The news will be seen as a sign of optimism in a trade war that has weighed on the global economy and stock markets while also shaking diplomatic relations between the two powers

Rising U.S. exports shrink trade deficit; China imports fall

Sep 05, 2019 - 10:15 AM

The United States trade gap narrows by 2.7% to $54 billion in July 2019, the largest drop in 5 months

U.S. TRADE. Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California, on May 14, 2019. File photo by Mark Ralston/AFP

Trump hardens tone on China as trade war rattles economy

Sep 04, 2019 - 9:25 AM

US President Donald Trump claims Chinese negotiators may be holding out for a better deal in hopes he will be voted out in the 2020 presidential elections

TRUMP ON IRAN. In this file photo, US President Donald Trump speaks to the press aboard Air Force One in flight on June 29, 2018. File photo by Saul Loeb/AFP

China lodges WTO trade complaint against U.S.

Sep 02, 2019 - 10:34 PM

'These American tariffs seriously violate the consensus reached by the leaders of our two countries in Osaka,' Beijing's commerce ministry says, referring to trade discussions in the Japanese city in June

TRADE WAR. The World Trade Organization headquarters in Geneva on April 12, 2018. File photo by Fabrice Coffrini/AFP

Trump moving ahead with new tariffs on Chinese products

Aug 31, 2019 - 11:12 PM

More than $250 billion worth of China's $540 billion in exports to the US are already subject to tariffs

TRADE WAR. US President Donald Trump gestures as he speaks to the press while departing the White House in Washington, DC, on August 23, 2019, for the G7 Summit in France. Photo by Alastair Pike/AFP

China hints it may not retaliate for latest U.S. tariff hike

Aug 29, 2019 - 9:23 PM

'We believe that the issue that should really be discussed is canceling further tariffs on $550 billion of Chinese goods, and preventing the trade war from continuing to escalate,' says China's Gao Feng

GAO FENG. In this file photo, Chinese Ministry of Commerce spokesman Gao Feng speaks at a press conference in Beijing, days ahead of an imminent US-China trade war, on July 5, 2018. File photo by Greg Baker/AFP

Signs of hope as Trump says U.S.-China trade talks back on

Aug 26, 2019 - 5:20 PM

(UPDATED) 'China called last night...said let's get back to the table. So we'll be getting back to the table,' says President Donald Trump, adding that 'they want to make a deal'

TRUMP AT G7. US President Donald Trump reacts during his bilateral meeting with Egyptian President and Chairman of the African Union Abdel Fattah al-Sissi in Biarritz, south-west France on August 26, 2019, on the third day of the annual G7 Summit. Photo by Nicholas Kamm/AFP

Protests to greet G7 leaders as they discuss Amazon fires, trade

Aug 24, 2019 - 1:15 PM

(UPDATED) United States President Donald Trump and his fellow G7 leaders will meet in France as wildfires rage in the Amazon rainforest and trade tensions heat up

Oxfam activists wearing firefighters costumes and "big head" masks depicting (from 2nd-L) British Prime Minister Boris Johnson, US President Donald Trump, French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japan's Prime Minister Shinzo Abe and German Chancellor Angela Merkel perform druing a demonstration in Biarritz on August 23, 2019, on the eve of the Group of Seven (G7) summit. (Photo by Bertrand GUAY / AFP)

U.S.-China trade war deteriorates, as Trump lashes out at Beijing

Aug 24, 2019 - 9:25 AM

China retaliates and takes action against $75 billion in American goods, while the United States fires back again by increasing tariffs on $550 billion in Chinese products

China to impose new tariffs on $75 billion of U.S. imports

Aug 23, 2019 - 8:57 PM

(UPDATED) Beijing says it will also reimpose a 25% tariff on US autos and a 5% tariff on auto parts starting December 15

SIDE BY SIDE. In this file photo, a woman adjusts a Chinese flag near US flags. Pool/AFP

Trump appears linking China trade deal to Hong Kong demos

Aug 15, 2019 - 10:31 AM

A tweet by the US president appears to link a trade deal with Beijing to the resolution of a standoff with Hong Kong pro-democracy supporters

MEETING? File photo of China's President Xi Jinping greeting US President Donald Trump during a bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. Photo by Brendan Smialowski/AFP

South Korea tightens export controls on Japan in trade row

Aug 12, 2019 - 6:25 PM

South Korea creates a new category for countries that have signed the world's top 4 export control agreements but 'violate international norms.' It places Japan alone in that category.

Photo from Shutterstock

Trump says U.S. 'not ready' to make trade deal with China

Aug 09, 2019 - 11:52 PM

'We'll see whether or not we keep our meeting in September,' says President Donald Trump

US-CHINA TRADE. In this file photo taken on February 5, 2019 US President Donald Trump gestures as he delivers the State of the Union address at the US Capitol in Washington, DC. File photo by Saul Loeb/AFP

U.S. formalizes ban on govt contracts to China's Huawei, others

Aug 09, 2019 - 4:46 AM

The new rules are part of a sweeping effort by President Donald Trump's administration to restrict Huawei, which officials claim is linked to Chinese intelligence

Trump defends China trade policy

Aug 04, 2019 - 8:26 AM

US President Donald Trump says other countries are clamoring to reach trade deals with the US following the tariffs imposed on China

TRADE WAR. China's President Xi Jinping (R) greets US President Donald Trump before a bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. File photo by Brendan Smialowski/AFP

China vows to strike back at U.S. tariffs threat

Aug 02, 2019 - 5:25 PM

'Slapping on tariffs is definitely not a constructive way to resolve economic and trade frictions, it's not the correct way,' says Chinese Foreign Minister Wang Yi

TRADE WAR. This file picture taken on November 6, 2018, shows a Chinese and US flags at a booth during the first China International Import Expo in Shanghai. File photo by Johannes Eisele/AFP

Trump unleashes Twitterstorm on China as trade talks resume

Jul 30, 2019 - 8:34 PM

This time the US leader says Beijing was supposed to start buying US agricultural products but they have shown 'no signs that they are doing so'

US-CHINA TRADE TALKS. US President Donald Trump looks on as the US attorney general delivers remarks in the Rose Garden at the White House in Washington, DC, on July 11, 2019. File photo by Brendan Smialowski/AFP

Huawei says revenue surges 23% in first half

Jul 30, 2019 - 5:11 PM

The US actions have created some 'disturbances' but overall it has been 'controllable,' said Liang Hua, Huawei's chairman

HUAWEI. People walk by the Huawei stand at the Mobile World Congress (MWC), the world's biggest mobile fair, on February 26, 2018 in Barcelona. Photo by Pau Barrena / AFP

Cautious hopes before new round of U.S.-China trade talks

Jul 28, 2019 - 11:36 AM

The Shanghai meetings will be the first face-to-face discussions since negotiations collapsed after US President Donald Trump accused China of withdrawing from its commitments

SYMBOLIC VENUE. The skyline of the Lujiazui Financial District in Pudong, Shanghai. File photo by Johannes Eisele/AFP

China accuses FedEx of 'holding up' Huawei parcels

Jul 26, 2019 - 3:25 PM

The ongoing tussle between the two firms comes as Beijing and Washington face off in a trade war in which both sides have exchanged steep tariffs on hundreds of billions of exports

Shutterstock photo

U.S., China to resume trade talks by end-July

Jul 24, 2019 - 11:32 PM

The dialogue in Shanghai will be the first face-to-face meetings since negotiations collapsed in May after President Donald Trump accused Beijing of reneging on its commitments

China importers 'seek to lift tariffs' on U.S. farm goods

Jul 21, 2019 - 11:20 PM

Chinese state media outlets report that the importers are acting 'according to the needs of the domestic market'

People head out to pick strawberries in Carlsbad, California on April 22, 2018. - Fresh strawberries are among the 128 US goods China has imposed tariffs on in retaliation for US tariffs on Chinese goods, worth some $50 billion, imposed last month. (Photo by FREDERIC J. BROWN / AFP)

China opens up finance sector to more foreign investment

Jul 20, 2019 - 9:15 PM

China will remove shareholding limits on foreign ownership of securities, insurance and fund management firms in 2020

Photo by Odd Andersen / AFP

China says U.S. tariffs must be lifted for a trade deal

Jul 04, 2019 - 6:44 PM

'If the two sides can reach an agreement, the tariffs imposed must be completely eliminated. China's attitude toward this is clear and consistent,' says Chinese commerce ministry spokesman Gao Feng

SIDE BY SIDE. In this file photo, a Chinese woman adjusts a Chinese flag near US flags. Pool/AFP

U.S.-China trade talks 'back on track' – White House advisor

Jul 02, 2019 - 11:53 PM

'From an investor's point of view, here is all you have to know: Talks are back on track with the work that has been done to date,' says trade advisor Peter Navarro

TRADE TALKS. This file picture taken on November 6, 2018, shows a Chinese and US flags at a booth during the first China International Import Expo (CIIE) in Shanghai. File photo by Johannes Eisele/AFP

PH invests in infrastructure to lure businesses amid U.S.-China trade war

Jul 01, 2019 - 6:35 PM

Philippine officials are seeing the silver lining in the US-China trade war and are building the necessary infrastructure to reap the benefits

China snubs U.S. sanctions on Iranian oil exports

Jun 29, 2019 - 12:13 AM

China's statement comes a day before US President Donald Trump is to meet his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Japan in an attempt to resolve an escalating trade war

CHINA ON US SANCTIONS. Fu Cong, head of the Chinese delegation, talks to the press at the end of a meeting of the Joint Commission of the Joint Comprehensive Plan of Action attended by the E3+2 (China, France, Germany, Russia, United Kingdom) and Iran on June 28, 2019 at the Palais Coburg in Vienna, Austria. Photo by Alex Halada/AFP

'Beautiful harmony': Trump plays nice as divisive G20 opens

Jun 28, 2019 - 11:43 AM

(3rd UPDATE) Host Shinzo Abe, the Japanese prime minister, appeals for unity among bickering world leaders, with the long-running trade row between China and the United States threatening to overshadow the event

US President Donald Trump shakes hands with Saudi Arabia's Crown Prince Mohammed bin Salman as leaders pose for a family photo at the G20 Summit in Osaka on June 28, 2019.  Brendan Smialowski / AFP

Trump: China needs trade deal as economy 'going down the tubes'

Jun 26, 2019 - 11:19 PM

'You have another $325 billion that I haven't taxed yet – it's ripe for taxing, for putting tariffs on,' says US President Donald Trump

ON CHINA. In this file photo, US President Donald Trump speaks during a roundtable meeting with conservative leaders at the White House on January 23, 2019. File photo by Mandel Ngan/AFP

ASEAN economies affected by US-China trade war – Lopez

Jun 21, 2019 - 4:05 PM

'ASEAN should be prepared and have better trading performance with other countries not involved in the US-China trade issue,' says Philippine trade chief Ramon Lopez

TRADE WAR. This file picture taken on November 6, 2018, shows a Chinese and US flags at a booth during the first China International Import Expo (CIIE) in Shanghai. File photo by Johannes Eisele/AFP

Trump-Xi meeting at G20 raises hope for trade truce

Jun 19, 2019 - 12:33 AM

Donald Trump says the leaders had a 'good' conversation, while Xi Jinping says the countries have more to gain by cooperating than by engaging in a protracted battle

TRUMP-XI. In this file photo, 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 delivers hard line on new China tariffs threat

Jun 10, 2019 - 11:54 PM

Asked if a failure by Xi Jinping to come to the G20 summit would lead to tariffs kicking in on a further $300 billion in Chinese imports, Donald Trump tells CNBC television: 'Yes it would.'

TRADE WAR. In this file photo, China's President Xi Jinping (L) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on November 9, 2017. File photo Nicolas Asfouri/AFP

G20 says worsening trade wars pose risk to world economy

Jun 09, 2019 - 6:00 PM

IMF chief Christine Lagarde says trade conflicts pose the 'principal threat' to the global economic outlook

FINANCE EXPERTS. A woman walks past a banner for the G20 Finance Ministers and Central Bank Governors meeting in Fukuoka, Japan. Photo by Toshifumi Kitamura/AFP

IMF's Lagarde: Resolving trade tensions 'immediate priority' for G20

Jun 06, 2019 - 6:00 PM

International Monetary Fund chief Christine Lagarde describes the United States and China's tit-for-tat tariffs as 'self-inflicted wounds that must be avoided'

Signs with the US flag and Chinese flag are seen outside a store selling foreign goods in Qingdao in China's eastern Shandong province on September 19, 2018. - China on September 18 announced tariffs on US goods worth $60 billion in retaliation for President Donald Trump's decision to slap duties on $200 billion in Chinese products next week. (Photo by STR / AFP) / China OUT

American garlic, honey farmers cheer Trump's tariffs on China

Jun 05, 2019 - 3:55 PM

The US tariffs on Chinese goods are an 'immediate relief' for American garlic and honey farmers who struggle to compete with cheap exports

Christopher Ranch Executive Vice President Ken Christopher poses for a photo as employees work with garlic on the production line in Gilroy, California on May, 30, 2019. - As most US farmers feel the brunt of the trade war with China, some, like garlic and honey producers who have struggled for years, are applauding the new tariffs on Chinese goods. Though nearly all garlic consumed in America was grown in the US prior to 1993, that changed almost overnight when Chinese exporters began flooding the US market with their production, all but wiping out garlic growers across the country, Christopher noted. (Photo by Josh Edelson / AFP)

World Bank slashes 2019 growth as global trade slackens

Jun 05, 2019 - 9:25 AM

The greatest danger on the horizon is the prospect of worsening trade clashes between major world economies

OAKLAND, CALIFORNIA - MAY 13: A container ship sits in the San Francisco Bay on May 13, 2019 in Oakland, California. China retaliated to U.S. President Donald Trump's 25 percent tariffs on $250 billion of Chinese goods entering the United States with a 25 percent tariff on $60 billion of U.S. goods entering China. The Dow Jones Industrial Average plunged over 700 points on the news in morning trading. Justin Sullivan/Getty Images/AFP

[ANALYSIS] US-China trade war: Where does the Philippines stand?

Jun 04, 2019 - 10:45 AM

If we can quickly lower the costs of doing business, beef up our competitiveness, and promote enough export-oriented manufacturers, the US-China trade war could turn into a blessing in disguise

China urges students to weigh 'risk' of studying in U.S.

Jun 03, 2019 - 8:42 PM

The Chinese education ministry says students applying to US universities should brace themselves for visa troubles and 'strengthen risk assessment...and make relevant preparations'

STUDYING IN US. In this file photo, students pass through Sather Gate, a landmark leading to the center of the University of California, Berkeley campus. Image via Shutterstock

Global airline body warns of U.S.-China trade war spillover

Jun 02, 2019 - 4:25 PM

The International Air Transport Association revises its 2019 collective net profit outlook down to $28 billion, as the US-China trade war escalates and costs go up

China says trade war 'has not made America great again'

Jun 02, 2019 - 4:05 PM

'China does not want a trade war, but it is not afraid of one and will fight one if necessary' says the Chinese government in a white paper

TRADE WAR. This file picture taken on November 6, 2018, shows a Chinese and US flags at a booth during the first China International Import Expo (CIIE) in Shanghai. File photo by Johannes Eisele/AFP