US President Donald Trump speaks with China’s Vice-Premier Liu He after a trade negotiating session in Washington in January. Photo: EPA

US-China trade war could slash US$1 trillion from US economy in a decade warns Chamber of Commerce

  • New study from the US Chamber of Commerce finds that should tariffs increase, US gross domestic product, employment, investment and trade will all decline
  • Research focuses on the information communications technology sector, which is set to be among the hardest hit by a prolonged trade war
Topic |   US-China trade war

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US President Donald Trump speaks with China’s Vice-Premier Liu He after a trade negotiating session in Washington in January. Photo: EPA
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China’s state-owned China Railway Rolling Stock Corporation has won a number of high profile contracts in Boston, Los Angeles and Chicago. Photo: EPA

US mulls partial ban on Chinese trains and buses, citing cybersecurity and ‘Made in China 2025’

  • Senators have taken the first steps to ban rolling stock manufactured by Chinese companies with state ties as part of the ongoing US-China trade war
  • The rail industry is one in which China had been making big inroads into the United States with recent sales to Boston, Los Angeles and Chicago
Topic |   China economy

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China’s state-owned China Railway Rolling Stock Corporation has won a number of high profile contracts in Boston, Los Angeles and Chicago. Photo: EPA
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