China has announced that it will impose new taxes on certain U.S.-made vehicle imports, in the latest move to test the strained U.S.-China trade relationship. China’s Commerce Ministry said Wednesday that it will impose duties from 2 percent to 2.5 percent on imported passenger cars and sport utility vehicles with engines larger than 2.5 liters. […]
China Imposes New Tariffs on US Auto Imports
South Korean President Signs Laws Clearing US Trade Deal
South Korean President Lee Myung-bak has signed a package of laws needed to implement a free trade agreement with the United States. At a ceremony Tuesday in the capital, Seoul, Mr. Lee signed the 14 bills revising various regulations to conform with the trade deal. Among them are revisions to copyright, patent, customs and other […]
Pakistanis Protest Trade Ties With India
Hundreds of Islamist activists took to the streets of Pakistani-controlled Kashmir on Friday to protest the government’s plan to boost trade with longtime rival India. Earlier this month, the Pakistani Cabinet approved a proposal granting India “Most Favored Nation” trade status. The designation removes tariffs and allows the countries to trade on equal terms. Members […]
Pakistanis Protest Trade Ties With India
Hundreds of Islamist activists took to the streets of Pakistani-controlled Kashmir on Friday to protest the government’s plan to boost trade with longtime rival India. Earlier this month, the Pakistani Cabinet approved a proposal granting India “Most Favored Nation” trade status. The designation removes tariffs and allows the countries to trade on equal terms. Members […]
China Starts Trade Investigation of U.S.
China announced Friday that it is starting an investigation of U.S. renewable energy policies and whether they hurt foreign manufacturers. The Commerce Ministry said it will look into whether U.S. policies improperly favor American manufacturers of solar, wind and other technology and constitute a trade barrier. The announcement comes after the U.S. Commerce Department said […]
South Korea Passes Trade Agreement With The US
South Korea’s parliament has ratified a free trade agreement with the United States, in a contentious vote that erupted in violence in the parliament chamber and on the streets of the capital. The bill passed on a vote of 151-7 during a special parliamentary session Tuesday. Outnumbered opposition lawmakers reacted angrily to the move to […]
US, China Make Progress on Trade
U.S. trade officials say progress has been made on key elements of the U.S.-China trade relationship, but that more work must be done to open China’s market to U.S. exports and investment. The two sides concluded trade talks Tuesday in the southwestern Chinese city of Chengdu, with China pledging to crack down on intellectual property […]
South Korea Passes Trade Agreement With The US
South Korea’s parliament has ratified a free trade agreement with the United States, in a contentious vote that erupted in violence in the parliament chamber. The bill passed on a vote of 151 to seven during a special parliamentary session Tuesday. Outnumbered opposition lawmakers reacted angrily to the move to force a vote, shouting protests […]
US, China Hold Annual Trade Talks
A top Chinese economic official appealed for cooperation during trade talks with U.S. delegates Monday in the southwestern Chinese city of Chengdu. Chinese Vice Premier Wang Qishan warned the U.S. delegates against politicizing the negotiations. U.S. Secretary of Commerce John Bryson warned that attitudes toward trade ties with China are worsening in Washington. The U.S.-Chinese […]
US, China Hold Annual Trade Talks
A top Chinese economic official appealed for cooperation during trade talks with U.S. delegates Monday in the southwestern Chinese city of Chengdu. Chinese Vice Premier Wang Qishan warned the U.S. delegates against politicizing the negotiations. U.S. Secretary of Commerce John Bryson warned that attitudes toward trade ties with China are worsening in Washington. The U.S.-Chinese […]