Trump has slapped tariffs on $250 billion in Chinese products, in a push to narrow the U.S. trade deficit and push back against what the U.S. views as predatory Chinese tactics on the high technology industry. Beijing has retaliated with tariffs on $110 million worth of U.S. goods.
Some of America’s most formidable technology companies have headed to China. Once they got there, their superpowers seemed to vanish. Uber, Amazon, and Apple are just a few examples of firms that have been humbled by the Chinese market.
Despite the recent rapprochement between U.S. President Donald Trump and China President Xi Jinping over North Korea issues, China remains a competitor to the United States under Trump's "America first" agenda.
David Rank, the chargé d'affaires of the U.S. Embassy in Beijing, has left the State Department over the Trump administration's decision to quit the 2015 Paris agreement to fight climate change, a senior U.S. official said on Monday.