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Beijing said US tariffs on Chinese goods had ‘seriously damaged the fair and just international trade environment’ following a World Trade Organization (WTO) ruling allowing it to impose compensatory tariffs.
US tariffs on Chinese goods are hurting American firms and workers, more than 140 members of Congress have said in a letter to US Trade Representative Katherine Tai.
Commerce ministry says removing Washington’s punitive tariffs is ‘conducive to the recovery of the global economy’, but President Joe Biden says ‘we’re not there yet’.
The UK steel industry is braced for an immediate slump in trade from New Year’s Day when European Union rivals will gain a 25% price advantage selling to the giant US market.
News Analysis Former President Donald Trump’s tariffs and sanctions had the Chinese economy on the ropes. The new ...