US President Joe Biden accused Beijing on Tuesday of sticking with unfair trade practices that had prompted his predecessor Donald Trump to launch a trade war against China – and …
Beijing could possibly issue a “significant” response to US tariffs on Chinese goods, Treasury Secretary Janet Yellen said on Monday when asked about the prospect of fresh levies. The United …
The yuan weakened on the news, while the CSI 300 Index of Chinese shares fell as much as 0.6 per cent in early trading before rallying. “It’ll definitely cause investors …
The US Trade Representative’s (USTR) office also initiated a probe into China’s maritime, logistics and shipbuilding industries, alleging that Beijing used “unfair, non-market policies and practices” to dominate these sectors. …
In a related move on Wednesday, Biden directed US Trade Representative Katherine Tai to start an investigation under Section 301 of the Trade Act of 1974 into China’s alleged subsidies …