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China Evaluates US Trade Talks Amid Tariff Dispute

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  • China evaluates US trade talks and demands sincerity from the US
  • Trump administration ends duty-free exemptions on low-value imports from China
  • Both countries escalate tariffs on each other's imports
  • China seeks alliances against Trump's trade policies
  • Treasury Secretary expects Beijing to address trade barriers
360 summary
  • China has responded to Trump's tariff hikes by imposing its own duties on U.S. products, with some tariffs as high as 125%.
  • Beijing has tightened restrictions on exports of strategically important minerals to the U.S. and stopped importing a wide range of U.S. farm products in retaliation.
  • In an effort to counter Trump's trade policies, China has sought alliances with other countries to build a united front against the U.S. while ramping up its own countermeasures.
FortuneFortune
bostonglobe.combostonglobe.com
  • China recently waived tariffs on a host of American-made products, including ethane imports, in contrast to its previous accusations of the US using tariffs to bully the world.
  • Beijing's shift in messaging regarding tariffs reflects a strategic move to navigate the global trade landscape amidst escalating tensions with the US.
  • The State Department criticized China's accusations of US bullying through tariffs, labeling a U.N. Security Council meeting on the topic as a manipulation of the multilateral system.
Fox NewsFox News
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