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china trade – XtremeCuztoms

Tag: china trade

The EU Tries to Have It Both Ways With China

Commentary As Washington steps up pressure on China and shows every intention of decoupling the U.S. and Chinese economies, the European Union (EU) finds itself in a bind. Brussels clearly values China trade and does not want to lose it. At the same time, public support in Europe for China trade is narrowing, American pressure…


US-China Trade Has Turned Down Sharply

Commentary Washington has made no secret of its desire to decouple the U.S. economy from China trade—if not completely, then certainly significantly. Recent data shows that the process is proceeding pretty much as Washington wants. Flows of Chinese goods to the United States have fallen sharply. Of course, the decline in trade is not entirely…


‘China Bill’ Will Make America More Dependent, Not Less

Commentary This year’s Winter Olympics, usually a time of international cooperation and friendly competition, are tainted by tensions unfolding between communist China and the Western world. The ambiance is eerily reminiscent of the Cold War, with diplomatic boycotts, questionable disqualifications, and now anti-China legislation flying. Recognizing the growing threat of dependence on China for everything…


China Tightens Grip on Latin America as Trade Relations Soar

SANTA CRUZ, Bolivia—China’s reach within Latin America continued to expand in 2021, capping a 20 year trend of the Asian giant’s growth and influence through trade. From 2000 to 2020 trade with China sprouted from $12 billion to $315 billion. Last year bilateral exchanges grew by another 31.6 percent. By 2035 projections from China’s business relationships in…


Capitol Report (Dec. 22): Omicron Becomes Dominant Strain Across US Amid Test Kit Shortage

Amid skyrocketing Omicron cases, the country is facing a national shortage of test kits. The White House plans to mail out 500 million at-home test kits for free. Questions still remain over the Chinese regime’s handling of the virus outbreak. We sit down with Ohio Congressman Bill Johnson to discuss the Chinese Communist Party’s unfair…


Biden Administration to Offer ‘Targeted Tariff Exclusion’ on Chinese Goods

WASHINGTON—The Biden administration will announce on Monday its “new strategy” on trade relations with China, which will include extending tariff exclusion on certain Chinese goods, according to senior administration officials. U.S. Trade Representative Katherine Tai, in a speech at a Washington think tank on Monday, is planning to reveal the China trade policy of the…


White House: US to Continue Its Hard Line on China to Fight Unfair Trade Practices

WASHINGTON—The White House signaled on Friday that it intends to maintain tariffs on Chinese goods despite mounting pressure from American businesses. “The President is always going to use every tool in his toolbox, including tariffs, to fight against unfair trade practices that hurt American workers, businesses, and farmers,” White House press secretary Jen Psaki said during a press…


White House: US to Continue Its Hard Line on China’s Unfair Trade Practices

WASHINGTON—The White House signaled on Friday that it intends to maintain tariffs on Chinese goods despite mounting pressure from American businesses. “The President is always going to use every tool in his toolbox, including tariffs, to fight against unfair trade practices that hurt American workers, businesses, and farmers,” White House press secretary Jen Psaki said during a press…


Yellen Criticizes Trump’s China Trade Policy, Tariffs

WASHINGTON—The Treasury Secretary Janet Yellen has questioned the merits of tariffs imposed by the Trump administration on billions of dollars of Chinese goods, stating that they have harmed American consumers. Yellen is the first Biden official to criticize the existing tariffs and her comments raise the question of whether the White House is preparing to…


Why Wall Street’s Love Affair With Beijing Is Sparking Concerns

This special report on Epoch TV delves into Wall Street’s love affair with the Chinese regime. The two’s relationship is no secret, but it’s becoming more of a concern. That’s because their interests are increasingly going against those of the American people—and it’s got U.S. officials openly talking. U.S. National Security Adviser Jake Sullivan said…