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Imports from China nearly tripled from 1999 to 2005, and American factories, with their higher wages and stricter safety standards, couldn’t compete. The “China shock,” as it has come to be ...
"He can't do that, because if he does, his Communist Party fellow leaders, they're going to criticize him, so right now, China's in a position where it can't do what it absolutely needs to do." ...
In America’s escalating trade war with China, it won’t be Beijing that blinks first. President Xi Jinping can withstand way more economic and political pain than US President Donald Trump.
Speaking to reporters, Trump referred questions about the market to U.S. Treasury Secretary Scott Bessent, but made clear his stance on China and the broader economic outlook. “Well, I haven't ...
But China’s leader, Xi Jinping ... Trump’s approach so far doesn’t invite this outcome. His tariff scheme seems to have degenerated from a program to restore American manufacturing to ...
China said Monday it would not cave to pressure or threats after US President Donald Trump vowed additional 50 percent tariffs on its goods if Beijing did not retract planned countermeasures. "We ...
The White House on Tuesday insisted that President Trump won’t back down on his threat to impose a more than 100 percent tariff rate on China, significantly escalating the trade war between the ...
Chinese social media accounts are leaning into Beijing’s trade war with the US by putting out AI-generated posts of Americans clocking in for factory jobs — including one showing President ...
After two trips to China in the last four months, I’ve been trying to say this every way I know how: Folks, you just don’t understand. Covid had terrible effects on human health and mortality ...
He squandered his best chance to isolate China on trade in his first term by walking away from the Trans-Pacific Partnership that didn’t include Beijing.” “China then cut its own deal with ...
While China has long said it wants to talk, Trump’s rapid escalation instead appears to have confirmed for Beijing that the US doesn’t. And in Xi’s calculation, observers say, China is ...