Trade deficit w china

President Trump said globalist politicians “ignored” for years the “abuses” of China’s trade actions that helped gut American manufacturing and have been “proven completely wrong” in regards to free trade between the United States and China. … [Read more...] about Watch – Trump at United Nations: Globalists ‘Proven Completely Wrong’ on U.S. Free Trade with China

The outbreak has disrupted China’s manufacturing supply chains and since most of these projects source their material from that country, lower outflow has increased the risk of the Asian giant running a trade deficit for January and February 2020, the report added. … [Read more...] about Coronavirus pandemic | China’s Belt and Road Initiative in limbo, says report

“This is a very dangerous way to start the meeting,” said Amy King, a senior lecturer at Australian National University and expert on Chinese foreign relations. “Trump needs to recognise there is very little he can do in terms of getting China to yield by threatening high tariffs, and they would simply have a backfire effect on the US economy.” … [Read more...] about Trump sets himself on collision course with China ahead of Xi meeting

Massive amounts of money from China and other parts of the world is pouring into the United States for reasons of safety, investment, and interest rates! We are in a very strong position. Companies are also coming to the U.S. in big numbers. A beautiful thing to watch! … [Read more...] about Trump Says US in ‘Very Strong Position’ in Trade Dispute with China

BEIJING: Describing Prime Minister Narendra Modi and President Xi Jinping as "good friends", China on Monday hoped that the two leaders would discuss their respective trade frictions with the US and reach a consensus on opposing trade protectionism during their "very important" meeting this week on the sidelines of the SCO summit in Bishkek. This year's summit of the Shanghai Cooperation Organisation (SCO) will be held in the Kyrgyz capital of Bishkek on June 13-14 where Modi and Xi are scheduled to meet and discuss bilateral and international issues. The meeting assumes significance as this is the first meeting between the two leaders after Modi-led BJP's massive victory in the recent elections in India. Xi had congratulated Modi on his re-election through a letter on May 23. "Once again we congratulate Prime Minister Modi. President Xi and Prime Minister Modi are good friends. They had very successful informal summit at Wuhan last year," Chinese Vice Foreign Minister Zhang Hanhui … [Read more...] about Xi, Modi may discuss US’ trade protectionism in Bishkek: China