trade wars - updates

Rappler's latest stories on trade wars

ARTICLE FINDER

U.S.-China trade deal 'impacted' by coronavirus

Jun 11, 2020 - 9:30 PM

Chinese official Zhu Guangyao acknowledges that the current status of the US-China relationship is 'very unsatisfactory,' but 'both sides should work together'

TRADE. This aerial photo taken on April 14, 2020, shows containers stacked at a port in Lianyungang in China's eastern Jiangsu province. Photo by AFP

Fitch Ratings enters China's credit market

May 14, 2020 - 9:15 PM

The People's Bank of China says Fitch Bohua will be able to conduct ratings in China's interbank bond market, marking a further step in opening the industry

China exempts more U.S. goods from tariffs as virus hits economy

May 12, 2020 - 10:00 PM

The list of goods includes medical disinfectant, rare-earth metal ores, and some silicon wafers used in the electronics industry

TARIFFS SUSPENDED. Containers are shown at the foreign trade container terminal in Qingdao, in China's eastern Shandong province, on November 21, 2019. File photo by AFP

China, U.S. commit to implement trade deal despite virus row

May 08, 2020 - 2:45 PM

After trading barbs over the origin of the coronavirus, the United States and China agree 'good progress' is being made on their phase one trade deal

Global stocks mostly drop as Trump revives trade war fears

May 05, 2020 - 7:30 AM

Investors are rattled as the Trump administration steps up its criticism of China over the coronavirus

US President Donald Trump looks on as the US attorney general delivers remarks on citizenship and the census in the Rose Garden at the White House in Washington, DC, on July 11, 2019.  Brendan Smialowski / AFP

U.S.-China trade truce at risk as virus hits global economy

Mar 16, 2020 - 10:40 AM

Concerns are mounting that conditions of the initial deal between the United States and China cannot be met as the coronavirus threatens the world economy

Benefits of China trade truce 'limited' – U.S. Fed officials

Feb 20, 2020 - 9:00 AM

United States Federal Reserve officials note the 'phase one' trade deal with China 'would still leave a large portion of the tariffs in place'

TRADE WAR. This photo taken on June 24, 2019, shows containers at the Qingdao Port Foreign Trade Container Terminal in Qingdao, China. File photo by AFP

Despite trade wars, Trump says U.S. 'open for business'

Feb 19, 2020 - 1:20 PM

'We don't want to make it impossible to do business with us,' says United States President Donald Trump, even as he has launched disputes with trading partners

US President Donald Trump speaks to the press before boarding Air Force One at Andrews Air Force Base February 18, 2020, in Maryland. - Trump is heading to California at the start of a four-day western state campaign swing. (Photo by MANDEL NGAN / AFP)

China to waive tariffs on U.S. medical imports amid virus outbreak

Feb 18, 2020 - 7:20 PM

Products that will qualify for the exemptions include patient monitors, blood transfusion equipment, and instruments to measure blood pressure

TARIFFS SUSPENDED. Containers are shown at the foreign trade container terminal in Qingdao, in China's eastern Shandong province, on November 21, 2019. File photo by AFP

China to halve tariffs on $75 billion of U.S. imports

Feb 06, 2020 - 5:40 PM

Levies of 5% and 10% on more than 1,700 items will be cut 'to alleviate economic and trade friction'

AGRICULTURAL IMPORTS. China says its market demand for high quality agricultural products is 'very large.' Photo from Shutterstock

U.S.-China 'phase one' trade deal to be signed January 15

Dec 31, 2019 - 11:23 PM

US President Donald Trump says he would then travel to Beijing to continue negotiations 'at a later date'

TRADE DEAL. In this file photo taken on November 09, 2017 US President Donald Trump (L) shakes hands with China's President Xi Jinping during a press conference at the Great Hall of the People in Beijing. Photo by Nicolas ASFOURI / AFP

China suspends planned tariffs on U.S. goods

Dec 15, 2019 - 10:10 PM

China puts on hold the addition of 10% and 5% tariffs on some American imports, following a 'phase one' trade deal with the United States

(FILES) This file photo taken on November 21, 2019 shows containers at the foreign trade container terminal in Qingdao, in China's eastern Shandong province. (Photo by STR / AFP) / China OUT

China coy on 'BIG' trade deal announced by Trump

Dec 13, 2019 - 6:13 PM

Reports Washington and Beijing had struck a bargain at last send US stocks sailing to their first record closes of December

China to exempt 'some' U.S. soybean, pork from tariffs

Dec 06, 2019 - 6:19 PM

The olive branch comes as the two sides edge towards a mini agreement Washington says includes a Chinese promise to increase the purchase of US farm products

Trump signs law supporting Hong Kong protesters

Nov 28, 2019 - 9:06 AM

The US president at first seemed reluctant to sign the bill, but with almost unanimous US congressional support for the measure, he has little political room to maneuver

FREE. Grafitti which reads 'Free HK' is seen on the ground at the Hong Kong Polytechnic University campus in the Hung Hom district of Hong Kong on November 27, 2019, over a week after police surrounded the building while protesters were still barricaded inside. Photo by Anthony Wallace/AFP

U.S. authorizes 'several' firms to sell to Huawei amid sanctions

Nov 21, 2019 - 7:00 PM

The US Commerce Department grants 'narrow licenses to authorize limited and specific activities which do not pose a significant risk to the national security or foreign policy interests of the United States'

HUAWEI. Photo by Tobias Schwarz/AFP


U.S. extends license for businesses to work with Huawei by 90 days

Nov 19, 2019 - 11:20 AM

(UPDATED) Huawei says the extension does nothing to alter the company's view that Washington has treated it unfairly, and continues to call for its removal from a foreign technology blacklist

HUAWEI. The United States on November 18, 2019 granted another 90 days for companies to cease doing business with China's telecoms giant Huawei, saying this would allow service providers to continue to serve rural areas. Photo by Patricia de Melo Moreira/AFP


Trump hails economic boom, says China trade deal is 'close'

Nov 13, 2019 - 10:25 AM

'A deal could happen soon,' United States President Donald Trump tells business leaders, while also saying tariffs would be jacked up if no deal is reached with China

NEW YORK, NEW YORK - NOVEMBER 12: US President Donald Trump speaks at the Economic Club of New York on November 12, 2019 in New York City. Trump, speaking to business leaders and others in the financial community, spoke about the state of the U.S. economy and the prolonged trade talks with China. Spencer Platt/Getty Images/AFP

China says it agreed with U.S. to remove tariffs if trade deal progresses

Nov 07, 2019 - 5:53 PM

If confirmed by the US, the comments could be the latest positive signal in efforts by negotiators to formalize a partial trade deal – although details remain sparse

TRADE TALKS. Chinese Ministry of Commerce spokesman Gao Feng speaks at a press conference in Beijing, days ahead of an imminent US-China trade war, on July 5, 2018. File photo by Greg Baker/AFP

U.S. trade deficit takes biggest tumble in 8 months

Nov 06, 2019 - 4:20 PM

The United States trade gap falls 4.7% to $52.5 billion in September 2019

U.S. TRADE. Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California, on May 14, 2019. File photo by Mark Ralston/AFP

Huawei pushes 5G in Southeast Asia, brushing off 'tech war' with U.S.

Nov 03, 2019 - 3:53 PM

Thailand and the Philippines have shrugged off cybersecurity warnings in a rush to exploit the ultra-fast 5G network promised by China's biggest smartphone maker, while Vietnam has edged away from Huawei

HUAWEI 5G. Illuminated Huawei and 5G signs are on display during the 10th Global mobile broadband forum hosted by Chinese tech giant Huawei in Zurich on October 15, 2019. File photo by Stefan Wermuth/AFP

Japan beer exports to South Korea down 99.9% over boycott

Oct 30, 2019 - 4:10 PM

Just $5,400 worth of Japanese beer is shipped to South Korea in September 2019, compared to $7.2 million worth in the same month last year

This picture taken on July 17, 2019 shows a sign reading "We do not sell Japanese products!" as cans of South Korean beer are displayed on shelves at a grocery shop in Seoul. - Angry South Koreans are boycotting Japanese products from beer to stationery as a trade dispute between the neighbours intensifies, with thousands of shop owners even removing the imported goods from their shelves. Tokyo earlier this month ramped up long-running tensions over the use of forced labour during World war II by announcing restrictions on key exports used by South Korean chip and smartphone makers, including Samsung Electronics. (Photo by Jung Yeon-je / AFP) / TO GO WITH AFP STORY SKorea-Japan-economy-diplomacy-trade / FOCUS BY Claire Lee

U.S. 'close to finalizing' parts of trade deal with China – USTR

Oct 26, 2019 - 9:31 AM

USTR announces that the two countries have spoken about 'Phase One of the US-China trade agreement'

US Treasury Secretary Steven Mnuchin (R) greets Chinese Vice Premier Liu He as he arrives for trade talks at the Office of the US Trade Representative in Washington, DC, October 10, 2019. (Photo by SAUL LOEB / AFP) / “The erroneous mention[s] appearing in the metadata of this photo by SAUL LOEB has been modified in AFP systems in the following manner: [US Treasury Secretary] instead of [US Secretary of State]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require.”

China's growth slows to 6% in third quarter, weakest in 27 years

Oct 18, 2019 - 4:07 PM

With China a key driver of global growth, the soft reading adds to concerns about the world economy and prompts speculation that authorities will unveil fresh stimulus following a series of other measures in recent months

SLOW DOWN. This file photo taken on September 24, 2019 shows employees producing down coats at a factory for Chinese clothing company Bosideng in Nantong in China's eastern Jiangsu province. AFP Photo

Trump claims a victory in China trade war, but U.S. farmers want details

Oct 15, 2019 - 7:35 PM

American farmers aren't celebrating just yet, as they seek concrete information on the United States' tentative trade deal with China

Farmer Terry Davidson walks through his soy fields July 6, 2018, in Harvard, Illinois, the same day China imposed retaliatory tariffs aimed at the US soybean market. - Davidson, 41, is a fifth generation farmer, a Democrat among mostly Republicans. He expects to be farming long after the US-China trade tariffs become a distant memory. "We've survived since the 1800s and we're still going. So, I think we'll keep going," Davidson says. (Photo by Nova SAFO / AFP)

China imports, exports down in September 2019 as growth cools

Oct 14, 2019 - 4:10 PM

China's imports dive 8.5% while exports drop 3.2% in September 2019, amid its trade war with the United States

MANUFACTURING. Workers produce desks at a factory in Nantong in China's eastern Jiangsu province on September 4, 2019. Photo by AFP

Partial U.S.-China trade deal only 'baby step' as thorny issues remain

Oct 13, 2019 - 11:05 PM

Analysts say the initial trade agreement between the United States and China will take weeks to finalize and the details remain unclear

(FILES) This file photo taken on June 24, 2019 shows containers at the Qingdao Port Foreign Trade Container Terminal in Qingdao, in China's eastern Shandong province. - A partial US-China deal may only offer a temporary tariff reprieve because it lacks specifics and leaves the thorny issues for later, analysts said, allowing both economic powers to claim success. (Photo by STR / AFP) / China OUT

U.S., China resume trade talks amid uncertainty

Oct 10, 2019 - 10:00 PM

The atmosphere surrounding the talks is acrimonious and shifting rapidly, with one news report overnight saying Chinese officials could cut short their visit

TRADE TALKS. US Treasury Secretary Steven Mnuchin (R) greets Chinese Vice Premier Liu He as he arrives for trade talks at the Office of the US Trade Representative in Washington, DC, October 10, 2019. Photo by Saul Loeb/AFP

U.S. curbs China officials' visas, demands end to Uighur 'repression'

Oct 09, 2019 - 7:21 AM

(UPDATED) US Secretary of State Mike Pompeo tweets: 'China must end its draconian surveillance and repression, release all those arbitrarily detained and cease its coercion of Chinese Muslims abroad'

CHINA MUST STOP. File photo of US Secretary of State Mike Pompeo. Photo by Nicholas Kamm/AFP

China buys 'considerable' amount of U.S. pork, soybeans

Sep 26, 2019 - 8:05 PM

As the US-China trade war drags on, a Chinese commerce ministry spokesman says he hopes the two sides could 'create beneficial conditions for cooperation'

AGRICULTURAL IMPORTS. China says its market demand for high quality agricultural products is 'very large.' Photo from Shutterstock

China to exempt U.S. pork and soybeans from added tariffs – state media

Sep 13, 2019 - 9:49 PM

The announcement is the latest in a series of appeasement measures between the world's two biggest economies

China removes several U.S. products from tariffs list

Sep 11, 2019 - 8:45 PM

(UPDATED) This marks the first time China has announced products to be excluded from tariffs, as its trade war with the United States continues

South Korea to file WTO complaint over Japan's export curbs

Sep 11, 2019 - 8:15 PM

South Korea accuses Japan of violating World Trade Organization principles

TRADE WAR. The trade dispute between South Korea and Japan heats up. Photo from Shutterstock

Getting out: Tariffs push some U.S. manufacturers to exit China

Sep 05, 2019 - 6:40 PM

A phone accessories manufacturer, for instance, sets up in the Philippines, Taiwan, and Vietnam due to the United States-China trade war

Workers produce desks for export to the US, France, Germany and other countries, at a factory in Nantong in China's eastern Jiangsu province on September 4, 2019. - China said on September 2 it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force. (Photo by STR / AFP) / China OUT

U.S., China to resume trade talks in Washington in October

Sep 05, 2019 - 11:55 AM

(UPDATED) The news will be seen as a sign of optimism in a trade war that has weighed on the global economy and stock markets while also shaking diplomatic relations between the two powers

Rising U.S. exports shrink trade deficit; China imports fall

Sep 05, 2019 - 10:15 AM

The United States trade gap narrows by 2.7% to $54 billion in July 2019, the largest drop in 5 months

U.S. TRADE. Chinese shipping containers are stored beside a US flag after they were unloaded at the Port of Los Angeles in Long Beach, California, on May 14, 2019. File photo by Mark Ralston/AFP

Trump hardens tone on China as trade war rattles economy

Sep 04, 2019 - 9:25 AM

US President Donald Trump claims Chinese negotiators may be holding out for a better deal in hopes he will be voted out in the 2020 presidential elections

TRUMP ON IRAN. In this file photo, US President Donald Trump speaks to the press aboard Air Force One in flight on June 29, 2018. File photo by Saul Loeb/AFP

China lodges WTO trade complaint against U.S.

Sep 02, 2019 - 10:34 PM

'These American tariffs seriously violate the consensus reached by the leaders of our two countries in Osaka,' Beijing's commerce ministry says, referring to trade discussions in the Japanese city in June

TRADE WAR. The World Trade Organization headquarters in Geneva on April 12, 2018. File photo by Fabrice Coffrini/AFP

Trump moving ahead with new tariffs on Chinese products

Aug 31, 2019 - 11:12 PM

More than $250 billion worth of China's $540 billion in exports to the US are already subject to tariffs

TRADE WAR. US President Donald Trump gestures as he speaks to the press while departing the White House in Washington, DC, on August 23, 2019, for the G7 Summit in France. Photo by Alastair Pike/AFP

China hints it may not retaliate for latest U.S. tariff hike

Aug 29, 2019 - 9:23 PM

'We believe that the issue that should really be discussed is canceling further tariffs on $550 billion of Chinese goods, and preventing the trade war from continuing to escalate,' says China's Gao Feng

GAO FENG. In this file photo, Chinese Ministry of Commerce spokesman Gao Feng speaks at a press conference in Beijing, days ahead of an imminent US-China trade war, on July 5, 2018. File photo by Greg Baker/AFP

Signs of hope as Trump says U.S.-China trade talks back on

Aug 26, 2019 - 5:20 PM

(UPDATED) 'China called last night...said let's get back to the table. So we'll be getting back to the table,' says President Donald Trump, adding that 'they want to make a deal'

TRUMP AT G7. US President Donald Trump reacts during his bilateral meeting with Egyptian President and Chairman of the African Union Abdel Fattah al-Sissi in Biarritz, south-west France on August 26, 2019, on the third day of the annual G7 Summit. Photo by Nicholas Kamm/AFP

Protests to greet G7 leaders as they discuss Amazon fires, trade

Aug 24, 2019 - 1:15 PM

(UPDATED) United States President Donald Trump and his fellow G7 leaders will meet in France as wildfires rage in the Amazon rainforest and trade tensions heat up

Oxfam activists wearing firefighters costumes and "big head" masks depicting (from 2nd-L) British Prime Minister Boris Johnson, US President Donald Trump, French President Emmanuel Macron, Canadian Prime Minister Justin Trudeau, Japan's Prime Minister Shinzo Abe and German Chancellor Angela Merkel perform druing a demonstration in Biarritz on August 23, 2019, on the eve of the Group of Seven (G7) summit. (Photo by Bertrand GUAY / AFP)

U.S.-China trade war deteriorates, as Trump lashes out at Beijing

Aug 24, 2019 - 9:25 AM

China retaliates and takes action against $75 billion in American goods, while the United States fires back again by increasing tariffs on $550 billion in Chinese products

China to impose new tariffs on $75 billion of U.S. imports

Aug 23, 2019 - 8:57 PM

(UPDATED) Beijing says it will also reimpose a 25% tariff on US autos and a 5% tariff on auto parts starting December 15

SIDE BY SIDE. In this file photo, a woman adjusts a Chinese flag near US flags. Pool/AFP

Trump appears linking China trade deal to Hong Kong demos

Aug 15, 2019 - 10:31 AM

A tweet by the US president appears to link a trade deal with Beijing to the resolution of a standoff with Hong Kong pro-democracy supporters

MEETING? File photo of China's President Xi Jinping greeting US President Donald Trump during a bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. Photo by Brendan Smialowski/AFP

South Korea tightens export controls on Japan in trade row

Aug 12, 2019 - 6:25 PM

South Korea creates a new category for countries that have signed the world's top 4 export control agreements but 'violate international norms.' It places Japan alone in that category.

Photo from Shutterstock

Trump says U.S. 'not ready' to make trade deal with China

Aug 09, 2019 - 11:52 PM

'We'll see whether or not we keep our meeting in September,' says President Donald Trump

US-CHINA TRADE. In this file photo taken on February 5, 2019 US President Donald Trump gestures as he delivers the State of the Union address at the US Capitol in Washington, DC. File photo by Saul Loeb/AFP

U.S. formalizes ban on govt contracts to China's Huawei, others

Aug 09, 2019 - 4:46 AM

The new rules are part of a sweeping effort by President Donald Trump's administration to restrict Huawei, which officials claim is linked to Chinese intelligence


Trump defends China trade policy

Aug 04, 2019 - 8:26 AM

US President Donald Trump says other countries are clamoring to reach trade deals with the US following the tariffs imposed on China

TRADE WAR. China's President Xi Jinping (R) greets US President Donald Trump before a bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. File photo by Brendan Smialowski/AFP

China vows to strike back at U.S. tariffs threat

Aug 02, 2019 - 5:25 PM

'Slapping on tariffs is definitely not a constructive way to resolve economic and trade frictions, it's not the correct way,' says Chinese Foreign Minister Wang Yi

TRADE WAR. This file picture taken on November 6, 2018, shows a Chinese and US flags at a booth during the first China International Import Expo in Shanghai. File photo by Johannes Eisele/AFP