China came $73.1 billion short of the total amount of U.S. goods it promised to purchase in the phase one trade deal between the two nations, according to a Peterson Institute for International Economics report.
While it agreed to purchase $173.1 billion in U.S. goods by the end of 2020, China purchased just $100 billion worth of goods, according to import data analyzed by the Peterson Institute for International Economics (PIIE). In January 2020, former President Donald Trump and Chinese Vice Premier Liu He signed the phase one trade deal, which was aimed at resolving long-running China-U.S. trade disputes, and in February the deal went into effect. Read More
We are at war with the Chinese Communist Party. To be precise, the Chinese Communist Party, CCP, is at war with the U.S.
The war is happening now on three fronts. And it’s not being fought with bombs and bullets. Read More
Former Vice President Joe Biden and other critics of President Trump’s China policy say the president should not have imposed tariffs unilaterally. Instead of “going it alone,” the armchair generals opine, we should be “working with allies” to confront the People Republic’s systemic cheating. Read More
A Chinese court sentenced a priest to prison for nine years Monday after the priest called the Chinese Communist Party “morally incompatible with the Christian faith.” Read More
Reuters China is expected to report Monday that economic growth cooled to its slowest in 28 years in 2018 amid weakening domestic demand and bruising U.S. tariffs, adding pressure on Beijing to roll out more support measures to avert a sharper slowdown. Growing signs of weakness in China, which… Read More
President Trump urged China’s president in a phone call Wednesday to use “all available levers” to pressure North Korea to halt its “provocations,” a day after Pyongyang tested a new intercontinental ballistic missile. Mr. Trump emphasized to Chinese President Xi Jinping “the determination of the United States to defend ourselves… Read More