Us-china Tariffs

Joe Biden will keep Donald Trump's trade-war tariffs on China for the time being when he moves into the Oval Office next month, the president-elect has told US media.

The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump's trade war with China, a ruling that drew anger from Washington.

A senior Trump administration official confirmed on Wednesday that China will need to issue waivers or adjustments to tariffs to meet its buying commitments.

The United States will maintain tariffs on Chinese goods until the completion of a second phase of a US-China trade agreement, US Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.

The trade truce with China set to be signed on Wednesday does not include a deal to roll back tariffs imposed on most Chinese goods, US officials said in a statement Tuesday.

China's trade surplus with the United States narrowed last year as the world's two biggest economies exchanged punitive tariffs in a bruising trade war, official data showed Tuesday.

The move does not appear to be linked with the bruising US-China trade war, which has seen Washington and Beijing exchanging blows for more than a year.

The RBI chief hoped that the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth

President Donald Trump tweeted on Thursday that the United States is "very close" to a trade deal with China, days before new tariffs are due to take effect.

China and the United States are "moving closer to agreeing" on a "phase one" trade deal, the Global Times, a tabloid run by the ruling Communist Party's official People's Daily, reported on Sunday.

President Donald Trump on Tuesday warned that failure to get a trade deal with China will prompt more tariffs.

President Donald Trump said Friday he has not agreed to rollback tariffs on Chinese imports, dampening recent optimism for a major de-escalation in the US-China trade war.

China and the United States have agreed a plan to remove tariffs imposed on two-way goods in stages, the commerce ministry said Thursday, as negotiators try to hammer out a trade deal.

China is pushing US President Donald Trump to remove more tariffs imposed in September as part of a "phase one" U.S.-China trade deal, people familiar with the negotiations said on Monday.

Tariffs that have been imposed or threatened by the United States and China could shave 0.8% off global economic output in 2020 and trigger additional losses in future years, the International Monetary Fund said on Thursday.

Joe Biden will keep Donald Trump's trade-war tariffs on China for the time being when he moves into the Oval Office next month, the president-elect has told US media.

The World Trade Organization found on Tuesday that the United States breached global trading rules by imposing multibillion-dollar tariffs in President Donald Trump's trade war with China, a ruling that drew anger from Washington.

A senior Trump administration official confirmed on Wednesday that China will need to issue waivers or adjustments to tariffs to meet its buying commitments.

The United States will maintain tariffs on Chinese goods until the completion of a second phase of a US-China trade agreement, US Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.

The trade truce with China set to be signed on Wednesday does not include a deal to roll back tariffs imposed on most Chinese goods, US officials said in a statement Tuesday.

China's trade surplus with the United States narrowed last year as the world's two biggest economies exchanged punitive tariffs in a bruising trade war, official data showed Tuesday.

The move does not appear to be linked with the bruising US-China trade war, which has seen Washington and Beijing exchanging blows for more than a year.

The RBI chief hoped that the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth

President Donald Trump tweeted on Thursday that the United States is "very close" to a trade deal with China, days before new tariffs are due to take effect.

China and the United States are "moving closer to agreeing" on a "phase one" trade deal, the Global Times, a tabloid run by the ruling Communist Party's official People's Daily, reported on Sunday.

President Donald Trump on Tuesday warned that failure to get a trade deal with China will prompt more tariffs.

President Donald Trump said Friday he has not agreed to rollback tariffs on Chinese imports, dampening recent optimism for a major de-escalation in the US-China trade war.

China and the United States have agreed a plan to remove tariffs imposed on two-way goods in stages, the commerce ministry said Thursday, as negotiators try to hammer out a trade deal.

China is pushing US President Donald Trump to remove more tariffs imposed in September as part of a "phase one" U.S.-China trade deal, people familiar with the negotiations said on Monday.

Tariffs that have been imposed or threatened by the United States and China could shave 0.8% off global economic output in 2020 and trigger additional losses in future years, the International Monetary Fund said on Thursday.