As the first round of tariffs on US and Chinese goods came into effect last week, and with additional rounds due in the coming weeks and months, companies with business in China are enacting action plans to mitigate effects on their operations.
China Market Intelligence
Trade talks between the US and China ended today in Beijing with each side apparently staking out positions the other side is unlikely to meet. An optimistic interpretation is that the two sides have laid out opening positions and set up a process for negotiations to resolve trade tensions.
As the deadline for comments approaches on the United States’ proposed list of tariffs on $50 billion of Chinese imports related to the
With escalating threats of tariffs and other retaliatory measures from both the US and Chinese sides, many analysts say the two countries are on the brink of a trade war. Both have released long lists of potential tariffs, which may not be implemented if the two sides can reach a negotiated settlement.
The United States and China have both fired warning shots on the growing field of bilateral trade disputes, though the most significant battle is likely still weeks away.
China’s Ministry of Commerce (MOFCOM) announced on April 2 that it would implement tariffs on 128 US products to offset the impact of US steel and