Biden is seeking higher tariffs on Chinese steel as he courts union voters

Chinese steel as he courts union voters The U.S. President Joe Biden is calling for a tripling of tariffs on steel from China to protect

Germany’s Scholz calls for fair competition and warns against dumping during China visit

German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai yesterday.

Exports tumble 7.5% in March and imports also fall as demand slows

China's exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of the country’s recovery from the pandemic.

China lifts heavy tariffs on Australian wine as ties improve

China yesterday said it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries.

China wins WTO dispute with Australia over steel products

China has won a nearly three-year-long dispute with Australia at the World Trade Organization over tariffs on steel products that began during a low point of bilateral

Beijing to challenge Biden’s electric vehicle plans at the WTO

China said yesterday that it has filed a complaint at the World Trade Organization over what it says are discriminatory requirements for American subsidies for electric

Trade nearly MOP14.5b in January

External merchandise trade totaled MOP13.59 billion in January, up 19.9% compared with MOP11.34 billion a year earlier, data from the Statistics and Census Service (DSEC) has shown. Total

Trade: Mexico overtakes China as the leading source of goods imported by US

For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States. The shift reflects the growing tensions between Washington and Beijing as well as U.S. efforts to import from countries that are friendlier and closer to home.

US congressional delegation visits Taiwan to ‘engage with senior business leaders’

The co-chairs of the U.S. Congressional Taiwan Caucus yesterday opened the first trip by U.S. lawmakers to the island where the independence-leaning Democratic Progressive Party won a third

Chinese auto exports rose 64% in 2023, with strong push by EVs

China's auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said yesterday Chinese automakers have aggressively expanded exports in search

Australia credits improving relations after Beijing lifts some meat export bans

China has lifted import bans on three Australian meat suppliers in another sign of improving trade relations between the two countries, Australian officials said yesterday. China’s

Exports edged higher for first time in seven months, imports fell

China's exports rose in November, the first increase since April, while imports fell, according to customs data released yesterday. Exports rose 0.5% from a

China says US moves to limit access to advanced computer chips hurt supply chains

China vigorously protested yesterday the U.S. Commerce Department’s latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make

EU commissioner calls for more balanced trade with China

The European Union’s trade commissioner called for a more balanced economic relationship with China yesterday, noting an EU trade deficit of nearly 400 billion euros ($425

Japan records a trade deficit in August as exports to China, rest of Asia weaken

Japan's exports fell 0.8% last month from a year earlier, with steep declines in shipments to China and the rest of Asia, its largest regional market.

Beijing says EU probe into Chinese EVs exports, subsidies is protectionist

China's Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying yesterday that it is a “protectionist” act

China’s exports and imports fall in August as weak global demand keeps its economy under pressure

China's exports and imports both fell in August from a year earlier, reflecting tepid global demand that is adding to pressures on its slowing economy.

He Lifeng tells the US commerce secretary he’s ready to improve cooperation

The top Chinese official in charge of economic relations with Washington told Commerce Secretary Gina Raimondo yesterday he was ready to “make new positive efforts” to improve

US, China agree to discuss export controls as Raimondo visits to warm up chilly ties

Commerce Secretary Gina Raimondo said she and her Chinese counterpart agreed yesterday to exchange information on U.S. export controls that frustrate Beijing and set up a group

China imposes curbs on drone exports, citing Ukraine, concern about military use

China imposed restrictions yesterday on exports of long-range civilian drones, citing Russia’s war in Ukraine and concern that drones might be converted to military use.

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