BEIJING – On the day Governor Bill Walker and dozens of Alaskan business leaders arrived in China for the Opportunity Alaska: China Trade Mission, leading officials from the United States and China announced they are taking measures to reduce trade tensions between the two nations. Delegations from each country met last week in Washington, D.C., […]
Russia demanded compensation from the U.S. for its worldwide tariffs on foreign aluminum and steel Thursday, becoming the third influential member of the World Trade Organization to do so. China, the European Union and India have also objected, arguing the tariffs are a “safeguard” measure to protect U.S. domestic products from imports, which require compensation […]
WHITE HOUSE — China has responded to U.S. President Donald Trump’s charges China and Russia are manipulating the value of their currencies. Monday, Trump tweeted, “Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!” His charge came just days after the U.S. Treasury Department declined to label […]
WASHINGTON — U.S. President Donald Trump on Monday decried “stupid trade” with China, contending that U.S. automakers are hurt by hefty tariffs on their exports while the U.S. imposes a much smaller tax on imported Chinese vehicles. “When a car is sent to the United States from China, there is a Tariff to be paid of […]