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WASHINGTON: President Donald Trump on Thursday directed U.S. trade officials to identify tariffs on US$100 billion more Chinese imports, upping the ante in an already high-stakes trade confrontation between the world's two largest economies.
WASHINGTON: China promised to “substantially” expand purchases of US goods after the latest round of trade talks, and both sides planned further discussions to reach a breakthrough with only a month to go before the Trump administration is set to ratchet up tariffs.
SINGAPORE: Southeast Asian stock markets fell on Monday, led by Singapore, as the imposition of further tariffs by Washington and Beijing hammered investor sentiment, bucking the optimism stemming from a surprise expansion in China's
factory activity in August.
WASHINGTON: The U.S. and China said they made progress in trade talks and agreed to meet again in Beijing as they look for a breakthrough with only a month to go before the Trump administration is set to ratchet up tariffs.
WASHINGTON/BEIJING: US President Donald Trump on Wednesday welcomed China's decision to exempt some US anti-cancer drugs and other goods from its tariffs and announced a delay to scheduled tariff hikes on billions worth of Chinese goods.
BEIJING: China will suspend planned additional punitive tariffs on some US products after "phase one" of a long-awaited trade deal was reached between the countries, state-run news agency Xinhua reported on Sunday (Dec 15).
NEW YORK: Wall Street's main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after U.S. President Donald Trump said reaching a deal this week was possible.
BEIJING: In the tense trade war with the United States, China's government has turned to an unlikely weapon: a cartoon bean.