The EU Cannot Give the U.S. a Huge Soybean Order

U.S. President Donald Trump said the European Union will start buying soybean right away as China’s retaliatory tariffs curb demand, however, the two sides seem to explain the details of their agreement in completely...

The Trade War May Bring Down the Ocean Freight Rates

Freight rates of sea transportation have been climbing, and are forecast to see further escalation unless an overall trade war erupts between the United States and China, said a Montreal freight broker. Average Panamax vessel...

U.S. and EU Announce a Ceasefire in the Trade War, Not a Formal Truce

On July 25th, U.S. President Trump and European Commission President Jean-Claude Juncker announced that they had reached an agreement to eliminate bilateral trade barriers, ease trade frictions through negotiations, strengthen trade cooperation and suspend...

US Dairy Industry Hit in Trade War

The U.S. export of dairy products have been considerably suffering from the escalating trade disputes between the United States and China, the world's top two economies. If the conflicts of two sides continue to worsen,...

Trump Administration Offers $12 Billion to Help Local Farmers Hurt by Tariffs

U.S. Secretary of Agriculture Sonny Perdue announced on July 24th that the U.S. Department of Agriculture (USDA) will spend $12 billion to aid American farmers who are suffering from the tariffs. Also Read: Trump Administration...

Mentalities for China to Battle in the Trade War

At the very beginning of the US-triggered trade war, Chinese experts voiced that the war may probably strike us as “epic” in that the amount of money involved in this trade war is the...

China Increases Domestic Soybean Acreage Under the Trade War

China is the world's largest consumer of soybeans and the destination of more than half of the United States soybeans. In the trade dispute with the United States, China is trying to reduce its...

Who Will Be the Biggest Beneficiary of Chinese Car Tariff Cut? Maybe German Carmakers

On May 22, the Chinese Finance Ministry issued an announcement to confirm the cut import tariffs from 25% to 15%. The announcement also said that tariffs on some automotive parts would fall to 6%....

No Winner of Trade War: Trump’s Tariffs Are Straining the Global Economy

  The Trump administration said it would move ahead with imposing a 25 percent tariff on $50 billion of Chinese products that are imported into the United States starting on July 6. After Friday’s announcement,...

The End of ZTE Incident: The U.S. Will Lift the Ban Soon

The battle between ZTE Corp and the U.S. Department of Commerce is coming to an end. They have signed an agreement that once ZTE deposits $400 million into an escrow account, the ban of...

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No Winner of Trade War: Trump’s Tariffs Are Straining the Global...

  The Trump administration said it would move ahead with imposing a 25 percent tariff on $50 billion of Chinese products that are imported into...