US and China Sign Historic Trade Agreement: What You Need to Know

The United States and China on Wednesday, after 13 long rounds of negotiations, reached an agreement and signed the first package of documents under a trade agreement. The document in Washington was signed by US President Donald Trump, on behalf of China, the document was signed by Vice Premier of the State Council of the People's Republic of China Liu He, ...

China and the US come to a partial agreement: who wins the trade war

The United States and China have agreed on the first part of a trade deal, which provides for the gradual elimination of American duties on Chinese goods, Meduza writes. This was reported by the Ministry of Commerce of the People's Republic of China. This came two days before the US planned to impose new tariffs (some up to 25%) on Chinese imports worth about $360 billion...

China made US concessions in trade war

The Chinese authorities are ready to make concessions in the trade confrontation with the United States by exempting a number of American goods from import duties. The corresponding decision was made by the Chinese government. Lenta.ru notes that some agricultural products, including soybeans, will be exempt from restrictions...

US imposes duties on European imports: what will rise in price

On Wednesday, October 2, the Trump administration announced tariffs on European aircraft, French wine and cheese, Spanish olive oil and other goods. The innovations will come into force on October 18, 2019 as a consequence of the fact that the World Trade Organization (WTO) ...

U.S.-China Trade War: How much Trump Duty Costs to US Importers and Consumers

In July alone, US importers paid a record $ 6,8 billion in duties on Chinese goods, pushing consumer prices higher, writes Fox News. Before President Trump launched a trade war with China, the United States supplied hardwoods overseas ...

China introduces new duties on American goods: how the United States reacted

The trade war between the world's two largest economies is gaining momentum. China is going to raise tariffs on US imports totaling $ 75 billion. Among others, the list includes agricultural products, crude oil and small aircraft, writes the BBC. Thus Beijing ...

The United States recognized China as a currency manipulator: the richest people in the world are poor

The US accused Beijing of manipulating its currency after China allowed the yuan to fall to its lowest level in more than a decade. The richest people in the world count their losses. The US Treasury Department on Monday evening, August 5, announced that it ...

Putin called Russia a smart monkey

Russian President Vladimir Putin commented on the confrontation between the economies of China and the United States at the St. Petersburg International Economic Forum (SPIEF), writes TJournal. Putin compared the economic war between the United States and China to a fight between tigers, and he called Russia a smart monkey that watches the tigers. "When tigers...

Next year: Wall Street Banks Warn Investors About Rising Recession Risks

The largest Wall Street banks are warning investors of the growing risks of a recession due to the escalation of the trade war between the US and China. According to Morgan Stanley, the global recession could begin within nine months if President Donald Trump imposes 25% tariffs on an additional $ 300 billion of Chinese ...

China warned its tourists and students about the dangers of traveling and studying in the US

The Chinese government has warned its citizens against traveling to the United States. The list of risks includes "shootings, robberies, thefts" and harassment, which Chinese authorities say are likely from American law enforcement on US soil. On June 4, the Ministry of Foreign Affairs and the Embassy...

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