Tag: #US-China trade war

Troubled US small businesses highlight severe consequences of tariffs

Hu Weijia May 02, 2025

Troubled US small businesses highlight severe consequences of tariffs

CNN reported on Saturday that the US' 145 percent tariff on China "could crush American small businesses." John Arensmeyer, founder and CEO of Small Business Majority, said that US small businesses will have to raise prices, cut staff, delay growth plans or shut down entirely just to keep...More

I cry ‘more times than a little boy should’: US small business owner

Left Review Online April 23, 2025

I cry ‘more times than a little boy should’: US small business owner

Editor's Note: The US administration's decision to temporarily pause tariffs for most countries while keeping the import levies targeted at Chinese goods has frustrated small American traders who do businesses with China. Analysts have already predicted that the tariffs will soon cause irreversible damage to American businesses. Beth Benike...More

Opposition voices in US grow as negative impacts of tariffs continue to emerge

Left Review Online April 22, 2025

Opposition voices in US grow as negative impacts of tariffs continue to emerge

The implementation of US tariffs has further sparked domestic opposition as the negative impacts become more apparent, with American scholars and economists calling to "reject harmful tariff policies" along with multiple sectors already buckling under the strain. A Chinese expert on Sunday said that the intensified tariff-induced negative...More

GT Voice: Will fallout from US tariffs affect risk assessment of dollar assets?

Left Review Online April 20, 2025

GT Voice: Will fallout from US tariffs affect risk assessment of dollar assets?

A recent CNBC article spotlighted growing concern among investors regarding a potential exodus from US assets, as both US Treasury debt and the dollar experience a downturn. The April sell-off in financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and...More

GT investigates: Concerns over rise in price of ‘almost everything around’ growing among US consumers under tariff shadow

Lin Xiaoyi and Huang Lanlan April 17, 2025

GT investigates: Concerns over rise in price of ‘almost everything around’ growing among US consumers under tariff shadow

"Though we are unaware of how bad it could get, we are holding our breath for what could come from it." In the heart of Muscatine, Iowa, 21-year-old Katharina Scholze, a full-time nanny, captures the growing unease that has gripped American consumers. "The price of eggs, seafood, sugar,...More

Trade barriers cannot stop economic globalization: Global Times

Left Review Online April 17, 2025

Trade barriers cannot stop economic globalization: Global Times

In recent days, the fallout from the US so-called "reciprocal tariff" policy has continued to intensify: The global financial market has fluctuated, panic buying and hoarding have taken hold among American consumers, and the international community has voiced strong condemnation. All of this once again underscores the unpopularity...More

China’s ‘fight to the end’ is backed by strong confidence: Global Times

Left Review Online April 16, 2025

China’s ‘fight to the end’ is backed by strong confidence: Global Times

On Thursday, China's countermeasures against the US took effect. China's Ministry of Foreign Affairs, Ministry of Commerce, and other departments once again issued a series of statements reiterating China's firm stance that, while China does not want to fight these tariff and trade wars, it is not scared...More

GT Voice: In face of US tariff bullying, China stands up to defend multilateralism

Left Review Online April 15, 2025

GT Voice: In face of US tariff bullying, China stands up to defend multilateralism

In the face of the US bullying behavior by using tariffs as a weapon to exert "maximum pressure" on all trading partners, China has firmly upheld the rules-based multilateral trading system by taking countermeasures, demonstrating its commitment as a responsible major country in maintaining fairness and justice in...More

Tariff blackmail cannot intimidate China: Global Times

Left Review Online April 10, 2025

Tariff blackmail cannot intimidate China: Global Times

The US government, under the guise of "reciprocity," has announced tariff hikes on all its trade partners, including China, provoking widespread outrage in the international community. The Chinese government's position on opposing the US abuse of tariffs emphasizes that the US has used tariffs as a tool for...More

US reciprocal tariffs face more rifts amid public’s worry over economic prospects

Liu Yang April 09, 2025

US reciprocal tariffs face more rifts amid public’s worry over economic prospects

Days after the US President Donald Trump announced sweeping "reciprocal" tariffs, the policy has witnessed more differences among US political circles while the country also saw protests erupt in dozens of cities against a series of controversial policies taken by the US administration amid public's serious concerns over...More

China values harmony, but firmly says no to economic bullying: Global Times

Left Review Online April 08, 2025

China values harmony, but firmly says no to economic bullying: Global Times

In response to the US abuse of tariffs against all its trading partners, including China, under various pretexts, the Chinese government released its position on opposing US abuse of tariffs. The statement clearly said that "pressure and threats are not the right way to deal with China" and...More

WeChat legal battle far from over in US

GT staff reporters October 07, 2020

WeChat legal battle far from over in US

The legal battle against the Trump administration's WeChat ban will reach a federal appellate court if an upcoming hearing rules in favor of the US government, according to a non-profit group representing US WeChat users, which has insisted on a high-profile challenge against the ban since August. That...More

Will agricultural buys be weather vane of China-US trade deal?

Left Review Online June 08, 2020

Will agricultural buys be weather vane of China-US trade deal?

The prospects of the phase one trade deal have never been more puzzling. Right after media reports said that the Chinese government had told major state-run agricultural companies to halt purchases of US farm goods including soybeans and pork, state-owned companies reportedly purchased three cargoes of US soybeans...More

US’ calculation on tariffs misguided: Analysts

Wang Cong March 23, 2020

US’ calculation on tariffs misguided: Analysts

Apparent reluctance among US officials to remove tariffs on China to help vast US businesses and consumers cope with the economic fallout of the coronavirus pandemic on concerns that such a move would benefit China more is misguided, and will undoubtedly cripple US firms at such a difficult...More

Belt & Road Cushions Impact of Trade War

Li Qiaoyi and Chu Daye for Global Times August 09, 2019

Belt & Road Cushions Impact of Trade War

Beijing. The China-proposed Belt and Road Initiative (BRI) has greatly boosted China's foreign trade, achieving major progress in Europe and Asia and also cushioned the negative impact brought on by the US-initiated trade war, Chinese analysts said over the weekend. Beyond foreign trade, the BRI, as a way...More