China’s exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. trade war but growth in imports may be a sign that Beijing’s stimulus steps are helping to stoke demand.

Shares tumble after US president claims trade war hurting China more than US

Chinese telecoms giant Huawei said yesterday it has petitioned a US court to overturn a ban that prevents carriers in rural America from buying the firm’s equipment by tapping an $8.5-billion federal fund.

The US president, preoccupied by domestic politics, and China, determined to persist in its deleveraging campaign, both seem ready for a trade-war truce. While fears of deglobalisation and global decoupling are overblown, the US may still divert trade away from China, at a cost to American consumers

The United States would raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said on Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide.

US-China trade war has created an increasingly complex global trade environment, especially for the logistics industry, says global trading group Li & Fung Companies should diversify their sourcing base to avoid tariffs and consider onshoring in major consumer markets, Hong Kong company says.

China and United States had “constructive talks” on trade in a high-level phone call on Saturday, state media Xinhua said.

U.S. President Donald Trump on Sunday welcomed a “cash” payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs, but that money actually is part of a U.S. government aid package.

The US government is set to make yet another two-week extension to its license targeted at Chinese telecoms giant Huawei, allowing it to continue doing business with US companies for a short while, according to Reuters.

President Donald Trump said the U.S. will increase tariffs on China in case the first step of a broader agreement isn’t reached.