tariffs

The deal will still leave in place 25% tariffs on a US$250-billion array of Chinese industrial goods and components used by U.S. manufacturers, and China’s retaliatory tariffs on over US$100 billion in U.S. goods.

As one of the MNCs affected by US-China trade war tariffs, Global Invacom will completely cease operations in China and relocate to the Philippines by June.

(Dec 13): President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about US$160 billion ($216.3 billion) of consumer goods from the Asian nation, according to people familia

(Nov 5): President Xi Jinping said China would focus more on imports and further lower tariffs in his first opportunity to address global investors since the world’s two largest economies resumed trade talks in September.

SINGAPORE (Oct 8): US and Chinese officials are resuming their trade talks, and an old China hand is optimistic that some kind of resolution can be reached later this year.

WASHINGTON/BEIJING (Sept 12): 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 short delay to scheduled tariff hikes on billions worth of Chinese goods.

Tech leaders in Asia are warning that risks from ongoing trade tensions are broadening, accelerating the fragmentation of the global industry and threatening collaboration in key research areas.

(Sept 3): Chinese and US officials are struggling to agree on the schedule for a planned meeting this month to continue trade talks after Washington rejected Beijing’s request to delay tariffs that took effect over the weekend, according to people famil

(Sept 2): China shrugged off US President Donald Trump’s latest escalation of the tariff war, with state media signalling the government is ready to weather the economic turbulence as no progress to resolve the standoff is in sight.