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China-US Trade War ‘Only A Proxy For Larger Battle For Dominance Between Two Powers’

** Washington is due to start charging tariffs on $34 billion in Chinese imports as of Friday ** Beijing has pledged to retaliate with equal tariffs on $34 billion in US goods JUL 3, 2018 (BE2C2): China said Tuesday it is “fully prepared” for a trade war with the US as hopes dwindle for a breakthrough in tensions this week between the world’s two biggest economies. Washington is due to start charging tariffs on $34 billion in Chinese imports as of Friday July 6 while Beijing has pledged to retaliateRead More


US Set to Hit China With Tariffs up to $60Bln Over Intellectual Property

Potential targets include clothing, electronics and investment as the Trump administration is seeking to invoke Section 301 of the U.S. Trade Act to allow president to impose import tariffs to sanction unfair trade practices. The U.S. is set to impose up to $60 billion of additional tariffs on Chinese goods as punishment for alleged intellectual property theft, according to U.S. media reports on Tuesday. President Donald Trump could implement the measure by the end of the month, the reports said. The hardball measure would come on top of restrictions onRead More