China Agrees To New Trade Talks
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U.S. Trade Representative Jamieson Greer on Tuesday said it depended on China whether additional 100% tariffs on its exports to the United States kick in on November 1 or sooner, but acknowledged it might be hard for Beijing to find an off-ramp.
China’s 500% tariff retaliation hits U.S. high-tech and defense sectors, threatening EVs, semiconductors, and national security supply chains.
4don MSN
China vows to stand firm against Trump's tariff threat. He urges Beijing to be less confrontational
President Donald Trump says China should take a less confrontational approach to his threatened new tariffs, but he's not retreating from his demands
Trump accused China of seeking to 'hold the world captive' with new export controls on rare earth minerals, vowing the United States will respond.
US Treasury Secretary Scott Bessent and Chinese Vice President He Lifeng held detailed discussions on US-China trade, with plans to continue talks in person next week.
Trump’s threat came after Beijing suddenly imposed strict export controls on critical raw materials, reigniting the U.S.-China trade conflict.
President Trump responded to Beijing's announcement this week to put new restrictions on exports of rare earths. Trump and President Xi had planned to meet at the end of the month.
DPA International on MSN
China accuses US of generating panic in fight over rare earths
China on Thursday accused the United States of deliberately creating panic through allegations by US administration officials concerning the imposition of export controls by Beijing. The US interpretation seriously distorted and exaggerated China's measures,
The president is threatening to widen his trade war against China as tariffs on timber, lumber, kitchen cabinets and other products took effect on Tuesday.
Minnesota is a major player in U.S. agriculture. However, an ongoing trade war with China has some farmers worried about the years to come.
Adapting to Trump's tariffs - a still-incomplete set of levies that pushed import taxes from an average of around 2% to an estimated 17% - is still underway. It is seen taking months longer as exporters, importers and consumers jostle over who pays duties worth round $30 billion per month.
As far as China is concerned, America started it. Earlier this week, US Treasury Secretary Scott Bessent blamed Beijing for the most recent blowup of ongoing efforts to resolve the trade war triggered by President Donald Trump.