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Tag Archives: Phase 1 trade deal

Did we win the trade war?

Container terminal activity at Yusen Terminals.

REUTERS, NOVEMBER 2, 2020 Trump Changed How the U.S. Trades, But Not Necessarily as Intended WASHINGTON (Reuters) – U.S. President Donald Trump’s “America First” trade policy torched a 70-year consensus on trade liberalization, drew a harder line against China’s state-driven economic model and erected new tariffs on imported steel and aluminum, alienating allies. Trump is touting his efforts to protect …

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Trump Cancels China Talks, Raising Questions About Trade Deal

Donald Trump speaks during a campaign rally

BLOOMBERG, AUGUST 19, 2020  ‘I don’t want to talk to China right now,’ president says | He calls China’s handling of coronavirus ‘unthinkable’ Bloomberg News – President Donald Trump said he called off last weekend’s trade talks with China, raising questions about the future of a deal that is now the most stable point in an increasingly tense relationship. “I …

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China to Halve Tariffs on $75 Billion U.S. Goods From February 14

Chinese dock worker loading bags of bulk grain suspended on crane lines

Bloomberg, February 6, 2020 Reductions timed to coincide with phase one moves by U.S. China says it’s continuing to process exemption applications China will halve tariffs on some $75 billion of imports from the U.S. later this month, reciprocating a U.S. action and likely satisfying part of the interim trade deal. The cut will be effective from 1:01 p.m. on Feb. 14, …

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China’s Vice Premier Liu to sign U.S. trade deal in Washington next week

China’s Vice Premier Liu He flanked by Robert Lighthizer on the left and Steven Mnuchin on the right

Reuters, January 9, 2020 BEIJING (Reuters) – China’s Vice Premier Liu He, head of the country’s negotiation team in Sino-U.S. trade talks, will sign a “Phase 1” deal in Washington next week, the commerce ministry said on Thursday. Liu will visit Washington on Jan. 13-15, said Gao Feng, spokesman at the commerce ministry. Negotiating teams from both sides remain in …

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