Trade – motto.media

China’s Xi Renews Vow to Open Economy, Cut Tariffs as U.S. Trade Row Deepens

BOAO/BEIJING, China (Reuters) – Kevin Yao reports: Chinese President Xi Jinping promised on Tuesday to open the country’s economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an [...]

China Slippity-Slaps Tariffs On U.S. in Trade Dispute; Duties Up to 25%, Target 128 Products

BEIJING (Reuters) — China has increased tariffs by up to 25 percent on 128 U.S. products including frozen pork, wine and certain fruits and nuts, escalating a spat between the world’s biggest economies in response to U.S. duties on imports of [...]

U.S., China Quietly Seek Trade Solutions After Days of Loud Threats

Wide-ranging discussions aimed at widening market access follow Washington’s vow to use tariffs, which sent U.S. stocks sharply lower. Lingling Wei & Bob Davis report: China and the U.S. have quietly started negotiating to improve U.S. [...]

[VIDEO] How a Steel Box Changed the World: A Brief History of Shipping

As the container shipping industry continues to boom, companies are adopting new technologies to move cargo faster and shifting to crewless ships. But it’s not all been smooth sailing and the future will see fewer players stay above water. via WSJ [...]

Millions of American Cows Suddenly Nervous as China Signals Willingness to Drop Import Ban on U.S. Beef

This opening up of China’s market follows President Trump’s two-day summit with President Xi at his Mar-a-Lago club in Florida last week. Graham Lanktree reports: … Chinese officials who spoke to the Financial Times said that President Xi [...]

It’s Time to Negotiate a New Economic Relationship with China

Simon Lester and Huan Zhu write: When China completed its 15-year accession process and joined the World Trade Organization (WTO) in 2001, it was a rising power, but still clearly a developing country. Its GDP per capita was $3,227,1 and its share [...]