Washington Update

September 28th, 2018

US-China trade tensions escalate as tariffs and trade rhetoric intensify

Section 301 tariffs

The United States and China officially imposed additional tariffs on each other’s products on Monday. The United Statesimplemented an additional tariff rate of 10 percent on $200 billion of Chinese imports, which will be raised to 25 percent by the beginning of next year. China retaliated with tariff rates of 5 and 10 percent on $60 billion of US imports.

Together with the...

September 15th, 2018
By Angela Deng

Secretary of Treasury Steven Mnuchin invites Vice Premier Liu He to talk

Earlier this week, Secretary of the Treasury Steven Mnuchin sent an invitation to China’s Vice Premier Liu He to hold higher-level talks on US-China trade. While both sides have confirmed the invitation, it is unclear whether a meeting will take place and the level of participants. It is also uncertain what will be on the agenda for discussion. The invitation comes as the United States is still considering...