Donald Trump downplays China tariff impact, says US kids may get ‘2 dolls instead of 30’

[ad_1] US President Donald Trump (Pic credit: AP) US President Donald Trump on Wednesday said that his tariff strategy might result in fewer and costlier products for American consumers, but the economic pain would hit China harder.Speaking to his Cabinet amid fresh signs of economic slowdown, Trump downplayed concerns that the US economy is heading […]

Covid-19 may have emerged in US first: China tells America to ‘stop playing deaf and dumb’, urges probe in new white paper

[ad_1] China has reignited the contentious debate over the origins of Covid-19 by releasing a white paper that accuses the United States of politicising the issue and suggests the virus may have emerged in America before it was detected in Wuhan.The white paper, published Wednesday via state-run Xinhua news agency, comes in response to renewed […]

China slams US as tensions rise over space observatory project in Chile

[ad_1] China on Tuesday pushed back against the United States concerns over its growing presence in Chile, defending a Chinese astronomical project in the country’s north as tensions rise over Beijing’s influence in South America.During a press conference in Santiago, Chinese Ambassador to Chile, Niu Qingbao, criticised US for meddling in Chile’s autonomous decisions and […]

China says ready to improve Canada ties after Carney win

[ad_1] Representative Image (AI) BEIJING”: China said Tuesday it was open to improving ties with Canada, after Prime Minister Mark Carney won the country’s election to lead his Liberal Party to another term in power.“China is willing to develop China-Canada relations on the basis of mutual respect, equality, and mutual benefit,” foreign ministry spokesman Guo […]

China claims it is on the ‘right side of history’ in escalating trade war with US

[ad_1] China on Monday said it was “on the right side of history” in the trade war with the United States. US has imposed a whopping 145 percent levy on the arch rival, which responded with a 125 percent tariff on US goods.Top Chinese economic official, Zhao Chenxin, said in a news conference that it […]

‘Unjustified trade war’: China hits out at ‘extreme selfishness’ of tariffs

[ad_1] China on Saturday slammed the “extreme selfishness” behind tariffs, indirectly referring to the steep duties imposed by US President Donald Trump, describing it as an “unjustified trade war.”According to the Chinese foreign ministry’s statement, top diplomat Wang Yi told his Uzbek counterpart Bakhtiyor Saidov on Friday that, “Certain countries” resort to “pressure and coercion, […]

China says no tariff talks with US, even as Trump insists otherwise

[ad_1] China has insisted it is not holding trade negotiations with the United States, despite President Donald Trump’s claim that he had received a call from Chinese leader Xi Jinping. In an interview with Time magazine published Friday, Trump did not specify when the alleged conversation occurred or what was discussed, simply saying, “He’s called. […]

Musk’s Tesla gets lift as Trump cuts red tape on self-driving car rules to counter China

[ad_1] The Trump administration is rolling back regulatory hurdles for self-driving cars to give US automakers, includint Tesla, a competitive edge in the global race for vehicle automation. The US department of transportation announced on Thursday that carmakers can now apply for exemptions from certain federal safety rules, provided the self-driving vehicles are used for […]

Trump plays up prospects of ‘fair deal’ on trade with China

[ad_1] WASHINGTON: US President Donald Trump late on Wednesday played up prospects of a “fair deal” on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. Trump told reporters his country would have a “fair deal with China,” adding that “everything’s active” when […]

Wall Street Journal says China called Trump’s bluff, wins this round of tariff war but the good news is…

[ad_1] ‘It s**ks,’ Trump wrote about Wall Street Journal after it said Chin won this round of the tariff war. The Wall Street Journal came out with its verdict on the tariff war between the US and China and declared China as the winner of this round. But the good news is that at least […]