China Accuses U.S. of Firing First Shot in Trade War

By Elias Glenn and David Lawder BEIJING/WASHINGTON, July 5 (Reuters) - China accused the United States on Thursday of "opening fire" on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in. U.S. President Donald Trump has threatened to further escalate the trade conflict between the … [Read more...]

China Strikes Back At Trump Tariffs

By Andrew Mayeda (Bloomberg) The Trump administration moved the U.S. to the edge of a trade war with China by announcing tariffs on $50 billion in Chinese imports and pledging additional investment restrictions, which Beijing immediately vowed to retaliate against. The response from China signaled a rapid escalation of the dispute. The world’s No. 2 economy will impose … [Read more...]

Donald Trump’s Megaphone is Deafening for Shipping Giant -Opinion

By Chris Bryant (Bloomberg Gadfly) -- It's hard to imagine Soren Skou and President Donald Trump getting along terribly well. The softly-spoken boss of AP Moller-Maersk A/S is an eloquent champion of free trade and globalization. He would be. The world's biggest container-shipping line has done more than most to ease the flow of cheap goods from Asia to consumers in Europe … [Read more...]

Tit-for-Tat: China Retaliates with Duties on American Imports

By Michael Martina and David Lawder BEIJING/WASHINGTON, April 4 (Reuters) - China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals in a move that sent global markets reeling. Beijing moved with … [Read more...]

China Warns U.S. Not to Open Pandora’s Box, Unleash Trade Ills on World

By Se Young Lee and Yawen Chen BEIJING, March 29 (Reuters) - China warned the United States on Thursday not to open Pandora's Box and spark a flurry of protectionist practices across the globe, even as Beijing pointed to U.S. goods that it could target in a deepening Sino-U.S. trade dispute. China could target a broad range of U.S. businesses from agriculture to … [Read more...]