Sorted by date Results 1 - 3 of 3
BEIJING (AP) — Uncertainty over the outcome of China-U.S. trade talks cast a pall Thursday over Asian markets as both sides kept mum about what lies ahead. Most Asian markets opened lower after the talks wrapped up the day before without clear indications of whether progress was made on resolving a dispute over Chinese technology policies that has the world's two biggest economies embroiled in a bruising trade war. The three-day talks that started Monday were the first face-to-face meetings since Trump and his Chinese counterpart, Xi J...
BEIJING (AP) — China has balked at stepping up its purchases of American products, raising the odds of a trade war, if President Donald Trump follows through on his threat to tax billions of dollars' worth of Chinese imports. The warning from Beijing came after delegations led by U.S. Commerce Secretary Wilbur Ross and China's top economic official, Vice Premier Liu He, wrapped up talks on Beijing's pledge to narrow its trade surplus. White House advisers were insisting on fundamental changes in ties between the world's two biggest economic pow...
WASHINGTON (AP) — An escalating trade dispute between the world's two biggest economies heightened fears Wednesday of a global trade war, sent global stock markets tumbling but also left the door open to a negotiated settlement that might prevent any serious damage before it begins. The Dow Jones industrial average tumbled after markets fell in Europe and Asia on worries of an intensifying trade conflict between the United States and China. After the United States unveiled plans to impose tariffs on $50 billion in Chinese imports Tuesday, C...