Tag: Xi
Trump’s trade war isn’t the only thing slowing China’s economy
As the Chinese economy slows, economists say trade tensions are only part of the equation.
The Chinese yuan hits its weakest level since the financial crisis as trade tensions ramp up
China’s central bank eased the Chinese yuan to its weakest level against the dollar in more than a decade on Tuesday.
Washing machines offer a simple explanation for how Trump’s trade war could cause sticker shock in America
As the trade war between Washington and Beijing rises to new heights, washing machine price tags may offer a glimpse of what's ahead for American consumers.
Soybeans plunge to near their lowest level in a decade
Soybean prices fell to a near decade-low on Tuesday after data pointed to a larger-than-expected harvest and as the Trump administration escalated trade tensions with the China, the largest destination for American exports of the legume.
These 14 states could see ‘extremely significant damage’ from Trump’s trade wars
The US Chamber of Commerce, a private lobbying group, said in a report that 14 states could suffer "extremely significant damage" after the latest round of tariffs.
Dozens of retailers testified about how Trump’s trade war with China could impact them – here’s what they said
Hundreds of company and industry representatives testified before trade officials in Washington last month about how the next round of duties could affect them. Here's what some individuals from the retail and distribution industries had to say.
The Chinese yuan slides to a 13-month low
The Chinese yuan tumbled to a 13-month low Tuesday as Beijing announced it would pursue tax cuts and other expansionary measures, spurring expectations for loosening monetary policy.
China is using a cartoon soybean to win over the public in the US-China trade war
How much could President Donald Trump's trade war with Beijing cost American farmers? China's government has a cartoon soybean ready to explain.
Trump’s trade fight and the unwinding of a $3 billion bet are clobbering copper
Copper prices plummeted below $6,000 Thursday for the first time in a year as a trade fight between the US and China continued to weigh on metals markets.
The dollar is sliding as US-China trade war materializes
The dollar fell Friday as President Donald Trump followed through with tariffs on $34 billion worth of Chinese products, prompting in-kind retaliation from Beijing.