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Owing to the bitter China-U.S. trade row over tariffs, the American retail industry is still neck-deep in trouble and anguish.
MoreThe administration of US President Joe Biden appeared to shrug off a new pressure campaign from business groups urging Washington to remove Trump-era tariffs on Beijing.
MoreMany US politicians have been pushing for an economic decoupling from China, but latest trade data shows that the two biggest economies remain strong in terms of trade despite tense bilateral relations, showing the failure of the US' decoupling efforts, Chinese analysts said on Sunday.
MoreContainer shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders ahead of the peak U.S. shopping season add strain to global supply chains.
MoreChina is still falling short of meeting an agreement to reduce its U.S. trade surplus
MoreChina and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never happened.
MoreThere's no winner from the trade war between China and the US, and China hopes the US will work with the Chinese side to properly handle bilateral trade and economic issues based on mutual respect and equal negotiations, and to promote the sound and stable development of bilateral economic and trade relations, China's Foreign Ministry (FM) said on Monday.
MoreStarting in early 2020, a very unlikely anomaly started appearing in global trade data: China said it was selling more goods to the U.S. than the U.S. reported buying from China.
MoreAmerica’s trade with China, though far from even, has nonetheless moved dramatically away from its former state of imbalance.
MoreUS-China trade talks leave ‘much room for cooperation’ despite few details and no response from Washington
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