Trade is the key to China’s and Indonesia’s economic recovery. But this will be hampered by their new World Trade Organization designation.
A report from the US Trade Representative's office found the tax penalises American tech companies like Google, Apple, Facebook and Amazon.
The US president has imposed tariffs on Mexico to punish the country for failing to stop the flow of migrants towards the US border. It’s a tactic he uses frequently to pressure rivals.
US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin expected to resume talks in Beijing with China's top economic official Liu He, the first since China put into law new measures seen as an olive branch in their stand-off.
The US on Monday announced its intention to terminate preferential tariff systems for Turkey and India. Both countries reacted with a mix of anger and resignation.
The two-day talks are aimed at carrying out last month's agreement by Presidents Donald Trump and Xi Jinping to postpone new tariff hikes, China's commerce ministry says.
Deputy Foreign Minister Sedat Onal will lead a delegation to Washington, reports say, to discuss an ongoing row between the two NATO allies over differences regarding the trial of US pastor Andrew Brunson in Turkey and also on Syria policy.
With the US President Donald Trump listing China as an adversary last year, analysts say a trade war is looming and blame US trade representative Robert Lighthizer.
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