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BEIJING, China (AFP) — China on Friday denounced US tariffs on aluminum and steel imports, saying that they would profoundly harm the international trade environment. The US’ “abuse” of national security concerns as a reason for implementing the measures will lead to “a serious attack on normal international trade order”, the Ministry of Commerce said in a statement on its website, adding that “China is firmly opposed.” US President Donald Trump officially implemented the measures […]
WASHINGTON, United States (AFP) — While slapping duties on steel and aluminum imports, President Donald Trump struck a more conciliatory tone towards China, pointing to negotiations underway to trim Washington’s soaring bilateral trade deficit with Beijing. “We’re negotiating now with China. We’re in the midst of a big negotiation. I don’t know that anything is going to come of it,” Trump said at the White House while rolling out the new trade barriers. “They have […]
by Andrew BEATTY Agence France Presse WASHINGTON, United States (AFP) — President Donald Trump’s team played down talk of a trade war Wednesday as it fought to limit a financial market sell-off, promising a quick decision on contentious tariffs that prompted a popular economic advisor to the president to quit. Administration big guns Commerce Secretary Wilbur Ross and Treasury Secretary Steve Mnuchin rushed to the cameras to calm market jitters over proposed steel and aluminum […]
by Andrew BEATTY Agence France Presse WASHINGTON, United States (AFP) — Donald Trump’s White House was rocked by another high-profile resignation Tuesday, as top economic advisor Gary Cohn quit in protest at the president’s decision to levy global steel tariffs. “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people,” Cohn said in a terse statement that belied fierce infighting in Trump’s tumultuous White House. Cohn […]
