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,...

Iran Bans More Than 1,000 Imports Goods in Response to U.S. Sanctions

US President Donald Trump on May 9 announced to pull out of the 2015 Iran nuclear deal. On May 21, US Secretary of State Mike Pompeo announced a list of 12 sanctions against Iran...

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%....

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...

China Resumes Purchase of U.S. Soybeans

Chinese companies made a big purchase of U.S. soybeans(worth $180 m) on Wednesday December 12, a sign that the biggest buyer of U.S. soybeans is turning back to the market that had suffered from...

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,...

Targeting at ‘Made in China’ 2025 Plan, No Excuse Can Hide the Growing Fears...

  It’s not surprised to see China’s retaliation toward President Trump’s insatiable tariff plan. China proactively prepared and responded its retaliatory action against metals levies hours after Trump’s fresh tariff plan. A New Treat to So-called...

US Consumers are the Biggest Victim of Trump’s China Tariffs

From clothing to toys to electronics, Americans buy a half-trillion dollars’ worth of goods from China every year. After all, the United States is the second largest trading partner of China. Chinese-made products have...

US Farmers to Launch Campaigns Against Tariff Moves

Six months into the trade war, the Trump administration has lately decided a new list of 16 billion worth of Chinese products that will be subject to a 25 percent of tariffs effective on...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...