bodyType

customContents

entityId

entityUuid

articlePageQuery

filter

article

articleBaseAdvertisingInfoArticle

articleListArticle

articleSeoArticle

hooksArticleAcknowledgementGateOverlayArticle

hooksTrackPageViewArticle

hooksContentInterestArticle

articleLinkingDataContent

hooksAmpRedirectArticle

articleSchemaContent

liveArticle

advertZone

sentiment

contentLock

topics

types

sections

paywallTypes

createdDate

publishedDate

urlAlias

moreOnThisArticles

sponsorType

commentCount

authorLocations

authors

corrections

displaySlideShow

multimediaEmbed

printHeadline

seriesContainer

articleSpeeches

socialHeadline

headline

images

flag

firstTopic

glossary

flattenTypeIds

image

relatedLinks

relatedNewsletters

__typename

sponsor

pdfFiles

seriesReverseOrder

series

disableOffPlatformContent

published

updatedDate

summary

subHeadline

body

keywords

readingTime

customTimezone

liveContents

Bloomberg

US President Donald Trump instructed aides on Thursday to proceed with tariffs on about US$200 billion more in Chinese products despite his Treasury secretary’s attempt to restart talks with Beijing to resolve the trade war, according to four people familiar with the matter.
But announcement of the new round of tariffs has been delayed as the administration considers revisions based on concerns raised in public comments, the people said.
Around the world, doors are shutting on Chinese investment
Trump met with his top trade advisers on Thursday to discuss the China tariffs, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer, the people said.
Watch: trade war fears for Chinese pork


Mnuchin has led a recent overture to the Chinese to re-start trade talks.
The public comment period for a list of tariffs on about US$200 billion in Chinese goods closed last week, and Trump said the duties would be imposed “soon”.
The new round would be in addition to US$50 billion in Chinese goods that already face a 25 per cent duty. US stocks erased gains on the news.
The Chinese have retaliated with tariffs on an equivalent amount of US exports, and have promised to match future rounds of US duties.
‘If we meet, we meet?’: Trump casts doubt on trade talk breakthrough
Before his meeting on Thursday, Trump boasted on Twitter that he has the upper hand in the trade feud with Beijing and feels “no pressure” to resolve the dispute.
His comment tempered cautious optimism among investors over the US government’s proposal for another round of talks with Beijing.
Disclosure on Wednesday that the US sought to renew the talks rallied US stocks and emerging-market assets.
China and California rise above US trade war for climate action
Trump threatened a third tranche of tariffs on another US$267 billion of Chinese imports last week, which would mean levying duties on nearly everything China exports to the US.
Trump said at the time those tariffs were “ready to go on short notice,” but the administration has not yet published a list for public comment.

Efforts to end the dispute have fizzled so far. Officials from both countries have met four times for formal talks, most recently in August, when Treasury’s undersecretary for international affairs, David Malpass, led discussions in Washington with Chinese Vice Minister of Commerce Wang Shouwen.
The White House has sought to pressure Beijing to reduce its trade surplus with America and protect intellectual property rights of US companies, which it says are abused in China.






Xi renews call to boost grain output after trade war sharpens China’s food security push

US envoy backs ‘free, open’ Indo-Pacific at Quad meeting in Beijing amid PLA Taiwan drills

Oil tankers still arriving in Venezuela despite US blockade, data shows

China’s Shenzhen targets AI in ‘every household’ as US tech rivalry heats up

US-China trade war

Donald Trump ‘wants US$200 billion in China tariffs’ despite Steven Mnuchin’s attempt to restart talks

US President Donald Trump. Photo: AP

(FILES) In this file photo taken on December 12, 2017 China's Vice Minister of Commerce Wang Shouwen talks during a plenary session of the Business Forum of the 11th Ministerial Conference of the World Trade Organization (WTO) in Buenos Aires. - China will send a top negotiator to the United States in late August to resume trade talks, the commerce ministry said Thursday, the first public meeting on the subject in weeks as the trade conflict intensifies. Vice Commerce Minister Wang Shouwen, the deputy representative on international trade negotiations, will meet with a senior US treasury official, David Malpass, at the invitation of the United States, the ministry said in a statement. (Photo by Juan MABROMATA / AFP)

China and California rise above US trade war for action on climate change

A potential tariff on LNG from the US will not only hurt exporters but also bring uncertainty to China’s plan to transition towards clean fuels. Photo: Reuters

California Gov. Jerry Brown speaks as Michael Bloomberg, left, listens during a news conference at the Global Action Climate Summit Thursday, Sept. 13, 2018, in San Francisco. Gov. Brown started his global climate summit by saying that President Donald Trump will likely be remembered as a liar and fool when it comes to the environment. The Democratic Brown and former New York City Mayor Michael Bloomberg held a press conference Thursday on the first full day of the summit that is partly a rebuke of the Trump administration. (AP Photo/Eric Risberg)

(FromL) Global Climate Action Summit Co-Chairs Mexican politician Patricia Espinosa, Chinese Minister Xie Zhenhua, UN Secretary-Generalís Envoy on Youth Jayathma Wickramanayake pose during the opening reception for the Global Climate Action Summit in San Francisco, California, on September 12, 2018. (Photo by JOSH EDELSON / AFP)

Still no sign of lending bump from China’s steps to offset trade war

Some analysts are expecting the People’s Bank of China cut banks’ reserve requirement again at the beginning of October to give more support for small businesses. Photo: Reuters

FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo

News

China

World

United States & Canada

Trump met with his top trade advisers on Thursday to discuss the China tariffs, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer, say sources


Trump met with his top trade advisers on Thursday to discuss the China tariffs, including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross and US Trade Representative Robert Lighthizer, according to sources.
