China, Beijing and Bessent
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China Trade Talks STILL ON
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3hon MSN
U.S. will 'neither be commanded nor controlled' by China, says Bessent as trade standoff deepens
Beijing has yet to approve the sale of TikTok U.S., increase soybean purchases or ease export controls, despite several rounds of U.S. trade talks.
U.S. Trade Representative Jamieson Greer said it's up to China whether additional 100% tariffs on its exports to the United States kick in on November 1 or sooner, but said it might be difficult for Beijing to find an off ramp.
China’s soybean imports hit a record high for the month of September, even as the country avoids US supplies amid a resurgence in trade tensions between the agriculture powerhouses.'
China called President Donald Trump's latest tariffs on Chinese goods hypocritical and defended its curbs on exports of rare earth elements and equipment, but stopped short of imposing new levies on U.S. products.
China accused the United States of "double standards" on Sunday, after President Donald Trump threatened an additional 100 percent tariff on the world's second-largest economy.On Sunday, China's Ministry of Commerce called Trump's tariff threat a "typical example of 'double standards'".
4hon MSN
Trump admin slams China’s 'global power grab' on rare earths, threatens triple digit tariffs
Trump administration officials work to stabilize U.S.-China relations after trade war threats, with President Donald Trump prepared to meet Xi Jinping.