Media Report
- CNBC reports: "China warned on Friday it would fight back "at any cost" with fresh trade measures if the United States continues on its path of protectionism, hours after President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods. In light of China's "unfair retaliation" against earlier U.S. trade actions, Trump upped the ante on Thursday by ordering U.S. officials to identify extra tariffs, escalating a high stakes tit-for-tat confrontation with potentially damaging consequences for the world's two biggest economies... Responding to Trump's latest comments, the Chinese commerce ministry reiterated that China was not afraid of a trade war even though it did not seek one, and accused the United States of provoking the conflict."
- CNN reports: "China and Russia are publicly heralding a new age of diplomacy between the two countries, at a time when both are being targeted by the United States with punitive measures. During a visit to Moscow on Thursday, Chinese Foreign Minister Wang Yi was quoted as saying relations between two countries were at "the best level in history." It comes as the United States has announced further sweeping trade actions targeted at China, revealing another $100 billion in possible tariffs on Thursday night. Meanwhile Russia faces an ongoing, international diplomatic fallout following the poisoning of former Russian double agent in the United Kingdom, for which London blames the Kremlin."
- Fareed Zakaria comments in The Washington Post: "Ever since the resignation of top advisers Gary Cohn and H.R. McMaster, it does seem as if the Trump White House has gotten more chaotic, if that is possible. But amid the noise and tumult... on one big, fundamental point, President Trump is right: China is a trade cheat. Many of the Trump administration's economic documents have been laughably sketchy and amateurish. But the Office of the U.S. Trade Representative's report to Congress on China's compliance with global trading rules is an exception worth reading... it lays out the many ways that China has failed to enact promised economic reforms and backtracked on others, and uses formal and informal means to block foreign firms from competing in China's market. It points out correctly that in recent years, the Chinese government has increased its intervention in the economy, particularly taking aim at foreign companies. All of this directly contradicts Beijing's commitments when it joined the World Trade Organization in 2001."
Calendar
- 2018-04-05 Trump Doubles Down on Potential Trade War With China
- 2018-04-04 Trump pushes back on fears of a trade war with China
- 2018-04-03 The U.S. wrote the rules for global trade. Now China is using them against Trump.
- 2018-04-02 It’s Not Just China's Retaliatory Tariffs That Should Worry U.S. Businesses
- 2018-03-30 China uses economic muscle to bring N Korea to negotiating table
- 2018-03-29 China warns US not to open Pandora's Box, unleash trade ills on world
- 2018-03-28 Kim’s Message for Trump: China Is Back on Our Side
- 2018-03-27 What Kim Jong-un May Get in Reaching Out to China
- 2018-03-26 The US and China are in talks to try to avoid a trade war
- 2018-03-25 US, China Quietly Seek Trade Solutions After Days of Loud Threats
News
- CNBC China says it will fight back 'at any cost' against US trade tariffs
- CNN China says relations with Russia at 'best level in history'
- Forbes The U.S. and China Are In A War of Words, Not a Trade War -- And Beijing Has The Advantage
- Politico Trump threatens new tariffs on another $100B in Chinese imports
- CBC News China's trade war advantage is a huge and increasingly sophisticated economy: Don Pittis
- Bloomberg U.S. Index Futures Off Lows Amid U.S., China War of Words
- The Guardian China and US jockey for tariff concessions in tit-for-tat trade standoff
- CNN Trump threatens China with new $100 billion tariff plan
- CNBC Hope for an US-China trade agreement just got 'thrown under the bus,' Wall Street veteran Peter Boockvar says
- Al Jazeera China questions legality of US tariffs at WTO
- CNN Shipping industry braces for Chinese trade war
- The Washington Post In a U.S.-China trade war, who has more to lose?
- CNBC China's trade threat could hurt German automakers more than US car companies
Commentary
- The Washington Post Trump is right: China's a trade cheat
- Axios China is taking the U.S. to court
- Market Watch Futures fall as Trump seeks $100 billion in additional China tariffs
- CNN How much ammo does China have for a trade war?
- Governing.com How China's Proposed Tariffs Could Impact States' Economies
- The Atlantic A Trade War With China May Be Inevitable
- NPR How China's 'Made In China 2025 Is Playing Into The Tariff Exchange With The U.S.