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US businesses oppose call for keeping tariffs on China By Zhao Huanxin | China Daily | Updated: 2021-01-13 07:40 Share CLOSE A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily] The cost of US tariffs on China has far exceeded any benefits derived from them, so the incoming administration in Washington should roll them back, a major American business group said on Monday as the United States' trade chief advised President-elect Joe Biden to retain the punitive measures on China. US Trade ...

1 2021-01-13 08:36:18China Daily Editor : Li Yan ECNS App Download A U.S. cargo ship docks at the Qingdao Port, Shandong province. (Photo by Yu Shaoyue/For China Daily) The cost of U.S. tariffs on China has far exceeded any benefits derived from them, so the incoming administration in Washington should roll them back, a major American business group said on Monday as the United States' trade chief advised President-elect Joe Biden to retain the punitive measures on China. U.S. Trade Representative Robert Lighthizer, architect of the tariff policy that he claims has benefited ...

The cost of the tariffs on China has far exceeded any benefits derived from them, so the incoming US administration should roll them back, a major American business group said Monday as the US trade chief advised President-elect Joe Biden to retain the punitive measures on China.

At the summit in Mar-a-Lago, U.S. President Donald Trump hopes to alter deeply-rooted Chinese policies despite having no China strategy. China’s Communist Party Secretary Xi Jinping hopes that by making deals on secondary matters important to Trump, he can indefinitely postpone America’s development of a strategic response to China’s rise. I offer a framework for an American China strategy at the end of this piece. Xi is offering the United States a chance to make a mistake the Chinese call “throwing aside a watermelon to pick up sesame seeds” (丢了西瓜捡芝麻). The Mar-a-Lago...

Lack of cooperation hinders China's debt relief to Africa Issued on: 4 min Beijing (AFP) China last month joined other members of the G20 in agreeing to suspend interest payments on all loans owed by dozens of low-income countries, in a bid to ease pressure on developing economies ravaged by the coronavirus pandemic. Most of those nations are in Africa and getting China onboard was considered something of a coup for the G20. But there are some reservations about how far China will really deliver on its side of the deal. What is the G20 agreement? The world's top economies agreed last mon...