American tech sector frets as US-China trade tensions simmer

As US-China trade tensions ratchet up, the technology sector is fretting over the potential for collateral damage to one of America’s most important export industries. The tech industry is not directly affected by the new tariffs unveiled by the Trump administration which aim to target Beijing for unfair trade practices failure to protect intellectual property. … More American tech sector frets as US-China trade tensions simmer

US Details 25% Tariff On $50B Chinese Imports, Including Electric Cars, Medicine

The U.S. government under Donald Trump has published a list of about 1,300 Chinese exports that could be hit with 25% tariffs. The tariffs would apply to about US$50 billion worth of goods, ranging from electric cars to education material. The tariffs won’t go into effect right away. The U.S. administration said it will hold … More US Details 25% Tariff On $50B Chinese Imports, Including Electric Cars, Medicine

Why Chinese Tourism to the United States is Safe from a Trade War

With President’s Trump decision to defy opposition from his own party and proceed with stiff tariffs on imported steel and aluminum in the name of protecting U.S. industry and national security, the question of a trade war is once again relevant. In response to the new tariffs, China announced that it’ll take “effective measures to … More Why Chinese Tourism to the United States is Safe from a Trade War

China’s Tariff Cuts Won’t Hurt Daigou Business For Now

In a bid to further improve consumption structure and drive Chinese people to spend more at home, Beijing has rolled out a new round of tariff reductions on foreign consumer goods. According to an official statement released by Ministry of Finance on November 24, China plans to reduce tariffs on 187 consumer goods, including cosmetics, … More China’s Tariff Cuts Won’t Hurt Daigou Business For Now