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Trade war

Biden’s blockade

The legislation is seemingly embedded in the presumption that goods from Xinjiang are invariably made with forced labour. Business enterprises will have to prove that forced labour, including that that by workers transferred from Xinjiang, was not used in manufacturing the product before it is allowed into the United States.

Trump orders raising tariffs on remaining imports from China

Expected to further escalate the trade war between the US and China, Trump's latest move came less than a day after he ramped up punitive duties on USD 200 billion worth of Chinese imports, raising them to 25 per cent from 10 per cent, and Beijing vowed to retaliate. The new increase applies to an even greater value of goods put at about USD 300 billion.

Trump threatens China with fresh $200 bn tariffs

Trump warned that he would lift tariffs on Friday on a bundle of Chinese goods to 25 per cent from the current 10 per cent threshold, reactivating a threat he removed months ago just as it appears the two economic super-powers are on their way to a deal.