Latest Xi Jinping News

Q&A: Is there a way out of the US-China trade fight?

May. 18, 2019 12:27 AM EDT

WASHINGTON (AP) — The United States and China have been trading punches over trade for months. And the slugfest has only intensified this month. Claiming that the Chinese had reneged on earlier commitments in trade negotiations, the United States on May 10 more than doubled tariffs on $200 billion in...

Japan, China agree to boost relations ahead of Xi visit

May. 17, 2019 8:54 AM EDT

TOKYO (AP) — Japan and China agreed Friday to boost their relations ahead of a planned visit by Chinese President Xi Jinping to Japan in June, his first since coming to power in 2013. China's top diplomat, Yang Jiechi, told Prime Minister Shinzo Abe that the timing is appropriate for the two sides to...

Mnuchin optimistic on trade battles; Wall Street approves

May. 15, 2019 4:15 PM EDT

WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Wednesday that the U.S. is making progress on lifting tariffs imposed on steel and aluminum from Canada and Mexico, potentially overcoming a key hurdle toward approval of a trade agreement between the three countries. Addressing another contentious...

US, China trade conflict was 20 years in the making

May. 15, 2019 3:54 PM EDT

WASHINGTON (AP) — The U.S.-China trade blowup was a long time coming. And it won't be easily resolved, not even if U.S. and Chinese negotiators reach a truce in the next few weeks that reassures jittery financial markets. Tensions between the world's two biggest economies intensified over the last week....

China voices strength, pushes nationalism around trade war

May. 15, 2019 8:41 AM EDT

BEIJING (AP) — What do tilapia, Jane Austen and Chinese revolutionary poster art have in common? All have been used to rally public support around China's position in its trade dispute with the U.S., as the ruling Communist Party takes a more aggressive approach — projecting stability and stirring...

China's economic activity weakens amid tariff war

May. 15, 2019 6:47 AM EDT

BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing needs to boost stimulus spending and bank lending to...

GOP scrambles to ease blow from Trump's trade war

May. 14, 2019 7:06 PM EDT

WASHINGTON (AP) — President Donald Trump's allies on Capitol Hill are scrambling to soften the blow from his trade war with China amid mounting anxiety from farm-state lawmakers that the protracted battle and escalating tariffs could irreparably damage their local economies. Vice President Mike Pence met...

Consumers could be collateral damage if US expands tariffs

May. 14, 2019 5:54 PM EDT

WASHINGTON (AP) — For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. That's roughly...

China retaliates on tariffs, stock markets go into a slide

May. 13, 2019 9:36 PM EDT

BEIJING (AP) — Sending Wall Street into a slide, China announced higher tariffs Monday on $60 billion worth of American goods in retaliation for President Donald Trump's latest penalties on Chinese products. Duties of 5% to 25% will take effect on June 1 on about 5,200 American products, including...

The Latest: Trump threatens more action in China trade fight

May. 13, 2019 7:35 PM EDT

WASHINGTON (AP) — The Latest on the tariffs battle between China and the United States (all times local): 2:35 p.m. President Donald Trump says he's going to take further action to help the nation's farmers in the midst of an escalating trade war with China. Trump is telling reporters that China has been...