USCWG In the News

US take note: Chinese, Russian militaries are closer than you think, China's defence minister says

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The United States should be aware of the close military ties between Beijing and Moscow, China's defence minister said during a visit to Russia, which has been facing international isolation over the killing of a former spy in Britain. In talks with his Russian counterpart, Sergei Shoigu, Wei said he wanted it made clear that his visit was a signal to “let the Americans know…

Boeing hit by U.S.-China tariff war in boost to Airbus jets

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Boeing, the biggest U.S. exporter, suffered a setback in China after the country proposed an additional 25 percent tariff on U.S. aircraft in a retaliatory move, giving rival Airbus SE a leg-up in a market set to become the world's biggest. In a tit-for-tat response to tariffs by President Donald Trump, China announced the planned levy on aircraft weighing between 15,000 kilograms…

Boeing Warns on U.S.-China Trade Risk

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Boeing Co. BA +1.95% said Wednesday it would engage in talks with the U.S. and China in an effort to prevent their trade spat from harming the global aerospace industry. Proposed tariffs on imports of Boeing Co. jets to China would catch a sliver of the aerospace giant's products, but investors on Wednesday continued to dump the stock amid concerns about a broader global trade war. …

China Trade Brinkmanship

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Chinese strongman Xi Jinping isn't going to give Donald Trump an easy win on trade. That's the message of Beijing's quick response to Washington's plan, announced late Tuesday, to impose a 25% tariff on $50 billion in Chinese-made goods. Hours later, China's State Council issued its own $50 billion tariff list targeting American exports. Stocks fell Wednesday on risks of trade conflict…

Trump administration targets $50 billion in Chinese electronics, aerospace and machinery goods with tariffs

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The Trump administration Tuesday unveiled a list of about $50 billion in Chinese electronics, aerospace and machinery products it plans to hit with steep tariffs, the latest move in a deepening U.S.-China trade conflict. The new 25 percent import taxes are designed to penalize China for discriminatory policies that the United States says put its companies at a disadvantage in the…

Trump Pushing for Preliminary Nafta Deal by Mid-April, Sources Say

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The Trump administration is pushing for a preliminary Nafta deal to announce at a summit in Peru next week, and will host cabinet ministers in Washington to try to achieve a breakthrough, according to three people familiar with the talks. The White House wants leaders from Canada and Mexico to join in unveiling the broad outlines of an updated pact at the Summit of the Americas that…

Taiwan, China spar over Taiwan premier's independence remarks

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TAIPEI (Reuters) - Taiwan's government said on Tuesday that China was stirring up its media to threaten the self-ruled island after a major state-run newspaper said China should issue an international arrest warrant for Taiwan's premier for his comments on independence. Taiwanese new premier William Lai speaks during a cabinet transition ceremony in Taipei, Taiwan September 8, 2017.…

China hits back at Trump, slaps new tariffs on U.S. goods worth up to $3 billion

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BEIJING — The trade spat between the world's two largest economies worsened over the weekend with China hiking tariffs on a slew of U.S. goods in response to Washington slapping duties on Chinese aluminum and steel. The measures announced Sunday matched a list of potential tariffs on up to $3 billion in U.S. goods published by China on March 23. In a sign that China could…

China is getting more aggressive in dismissing US comments about its influence in Africa

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The United States is worried about China's engagement in Africa, and how it is jockeying to spread its diplomatic, military and trade influence across the continent. That much is evident from comments of top US officials, who have recently stated that China's financing of roads and bridges “comes at a price,” and that it's new base in Djibouti on the strategic Gulf of Aden…

Xi Jinping Has a New Signup For China's Pollution Fight: Walmart

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Chinese President Xi Jinping has vowed to slash pollution and prioritize living standards over unbridled growth. On the other side of the globe in Bentonville, Arkansas, the world's largest retailer is signing on. On Thursday, Walmart Inc. committed to cutting 50 million metric tons of carbon emissions from its Chinese operations -- attempting to play good corporate citizen in a…