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US secretary of state urges Asian countries to shun China until it revamps its 'protectionist' and 'predatory' policies.
President Trump on Monday threatened to impose large tariffs on $300 billion in imports if Chinese leader Xi Jinping did not meet with him in Japan later this month
The trade war with the United States will only make China stronger and will never bring the country to its knees, the ruling Communist Party’s People’s Daily wrote in a front-page commentary that evoked the patriotic spirit of past wars.
The two sides have been closing in on a deal expected to include major new purchases of American goods and a Chinese commitment to abandon efforts to steal or coerce U.S. companies into surrendering technology trade secrets.
Progress toward easing the steep tariffs China imposed on U.S. vehicle imports this year lifted carmaker stocks across the globe, as investors wagered on a thawing of tensions that have damaged the world’s biggest automotive market.
U.S. ports, which handle hundreds of billions of dollars in merchandise each year, will be the first to feel the pain if the Trump administration's trade war begins to slow the global economy.