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%....

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,...

Merkel Visits China to Liberate Germany from U.S.- China Trade Disputes

The European Union (EU) is bracing for the trade war after the White House objected Brussels that to prolong the exemption granted to European steel and aluminum importers from its punitive tariffs, weeks ago,...

US Steel and Aluminum Tariffs Meet Resistance

US President Donald Trump signed two proclamations on March 8 to impose 25 percent tariff on imports of steel and 10 percent tariff on imports of aluminum, but he offered potential exemption for Canada...

Technology War Keeps Escalating, Huawei Faces Investigation for Violation of US Sanctions

After ZTE, another Chinese tech giant Huawei is likely to be the next prohibited target if the U.S. Department of Justice confirms its violations of sanctions against Iran. U.S. Finds a Better Way to...

Trump Administration May Compensate American Farmers for Their Losses in a Trade War

To compensate American farmers for the economic damage they suffered during the U.S.-China trade war, Trump administration is considering using the commodity credit corporation founded by Roosevelt in 1933 to aid farmers. In retaliation for...

US and China Close to Limited Trade Deal

The United States and China are reportedly close to a final trade deal, as leaders of both countries desire to avoid further face-to-face rivalry and expected slowdown in their economies. The deal is likely to...

US-China Trade War: It is not about Trade, not about Trump, but about Innovation

The escalation of tariffs between China and the United States isn’t really about trade at all. "Manageable, orchestrated trade skirmishes” is perhaps the most appropriate description. But when it comes to a headline, “trade...

ZTE’s Collapse Reveals China’s Over-Reliance on U.S. Technologies

The US-China trade war escalated again with US announced the punitive sanction on ZTE, one of the Chinese high-tech giants, which had illegally shipped telecom equipment to Iran. On April 16th, US has officially...

China Has Halted Its US Soybean Orders Due to Trade Tensions

The market fear has raised since China issued the new tariff list of 106 U.S. products. Targeting at soybean, corn, cotton, sorghum and other U.S. agricultural exports, the additional tariff would result in the...

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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...