There is no doubt labeling China a currency manipulator has signaled a new phase in the Sino-U.S. trade dispute, one which China is more than equipped to fight.
China has not depended heavily on the U.S. for trade, but that tariffs presented the U.S. with major setbacks in its China trade.
It is wrong for Trump to believe that the imposed tariffs on China will be paid by China and that American consumers will not be affected.
Leading figures from around the world attend a forum in Hong Kong to discuss China-U.S. challenges
China and the U.S. agree to take steps to resolve major issues at stake and stabilize relations
The WTO has cut down the expected growth rate of global trade from 3.7 percent to 2.6 percent.
Contrary to China’s positive efforts, the U.S. has reneged on its promises three times, sacrificing credibility for its own self-interest and repeatedly breaking its promises, putting pressure on China by increasing tax.
While the U.S. will no doubt succeed in doing this, it will cost them time and money.
Huawei shows confidence in the future and cherishes cooperation despite attacks by the U.S.
Those who are familiar with Trump suggest this strategy is part of his famous ‘art of the deal’.
European countries have been consistent on their policy towards Huawei, preferring dialogue and inclusion rather than casting the company out.
Trump’s notion of “tariffs paid by China” is based on a mistaken framework.