President Joe Biden warned a bipartisan group of Senators Thursday that China “will eat our lunch” after speaking with Xi Jinping on Wednesday night, Reuters reported.
Biden discussed a range of issues with the Chinese leader, from “coercive and unfair” trade practices to reported human rights abuses against Uighur Muslims in Xinjiang and pro-democracy groups in Hong Kong as well as Taiwan, Reuters reported. U.S. and Chinese leaders have not spoken in over 11 months with the last call occurring on March 27 under the Trump administration. Read More
WASHINGTON – The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide. Read More
A summit to seal a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping will not happen at the end of March as previously discussed because more work is needed in U.S.-China negotiations, Treasury Secretary Steven Mnuchin said Thursday. Mnuchin, speaking to reporters following a U.S. Senate… Read More