The U.S. trade deficit pulled back in January from the widest level in a decade as imports from China plunged, suggesting American companies had been rushing shipments the prior month to beat an expected tariff boost.
March 27, 2019China News Updates
January Trade Gap Narrows as Imports From China Plummet
US Pork Exports to China Could Set Record This Year
China could increase U.S. pork imports to the highest ever this year as part of its commitment to bolster purchases of American farm goods to resolve the trade war between the countries, according to sources familiar with the situation.
March 26, 2019Trump Says China Deal 鈥楥lose鈥 Ahead of New Talks
President Donald Trump said March 22 that a trade deal with China is close as he prepared to send his negotiators to Beijing for a fresh round of talks next week, but U.S. officials downplayed the prospect of a swift conclusion.
March 22, 2019China Buys Most US Pork in Two Years as Futures Extend Rally
China, the world鈥檚 largest consumer of pork, made its biggest purchase of the meat from the U.S. in nearly two years as African swine fever reduces hog herds and drives up prices.
March 15, 2019Financing Deals Put Tesla Closer to Making Model 3s in China
Tesla Inc. secured as much as $521 million in loans from Chinese banks to build a vehicle and battery factory in the country, putting the carmaker a step closer to producing Model 3 sedans at its first overseas plant.
March 8, 2019How a US-China Deal Might Reshape Global Trade
President Donald Trump says he has asked China to immediately remove all tariffs on U.S. agricultural products in what could be a huge blessing for American farmers. But how will global trade flows change in the event of a deal?
March 7, 2019Asia Remained Top US Oil Buyer in 2018 Despite China Trade Row
Asia more than doubled its intake of American crude oil last year even as Beijing and Washington were embroiled in a bitter trade war.
March 7, 2019Tesla Probably Can鈥檛 Make Money in China, Morgan Stanley Says
Investors should keep their expectations about Tesla Inc.鈥檚 ability to operate profitably in China 鈥渧ery low,鈥 Morgan Stanley analyst Adam Jonas wrote in a note, adding that he鈥檚 cautious about the country鈥檚 role in the carmaker鈥檚 long-term strategy and fundamental value.
March 6, 2019US Indefinitely Delays Increased Tariffs on Chinese Goods
The United States has confirmed the country is postponing 鈥渦ntil further notice鈥 a scheduled tariff increase on Chinese goods, the latest sign that the world鈥檚 two largest economies could be headed toward a de-escalation of their trade dispute.
March 5, 2019Trade Deal That Would Lift US Tariffs on Chinese Goods Said to Be Near
The United States and China are close to a trade deal that could lift most or all U.S. tariffs as long as Beijing follows through on pledges ranging from better protecting intellectual-property rights to buying a significant amount of American products, two people familiar with the discussions said.
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