In short: (ABC-Australia) US President Donald Trump says Canada wants the benefits of being a US state without being one, after the collapse of trade talks between the two nations. He has also slammed Canada for charging American farmers “for many years, massive amounts of tariffs”. What’s next? New Canadian tariffs targeting the US steel […]
Tag: Trade War
Posted inWorld News
China’s trade with US shrinks again in September
BEIJING (AP) — China’s trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession. Exports to the United States, China’s biggest foreign market, fell 17.8% to $36.5 billion, a deterioration from August’s 16% decline, customs data showed Monday. Imports of […]
Posted inWorld News
China has more weapons in US tariff war – but do they work?
BEIJING (AP) — Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths – exotic minerals used in electric cars, mobile phones and other technology. Rare earths are “an important strategic resource,” the official Xinhua News Agency […]