Trump tariffs are about to hit Apple fans where it hurts

US reached out to China for new trade talks, sources say

US reached out to China for new trade talks, sources say

This, as reports claimed earlier in the week the USA and China would restart negotiations. If we meet, we meet? Midlevel U.S. and Chinese officials met on August 22 and 23 with no agreements.

"China trade war could last at least 10 years", reports Taiwan Business TOPICS.

While no concrete details were revealed by either side, potential new talks would be aimed at staving off the next round of US$200 billion in punitive duties from the United States expected this month - the largest tariff measure in the intensifying trade war so far - and US$60 billion in retaliatory tariffs from China.

"Chinese officials said they have grown wary of the Trump administration's unpredictable decision-making process and may be hesitant to accept without a clear sign us negotiators have authority to speak for the president", the original report said.

This may be bad news for China, but despite what Chinese funded media outlets might want people to believe, it is good news for the redistribution of capital in the region, and therefore also good for global trade.

Just on Thursday, the president said he is under no pressure to make a deal with China, but rather China is under pressure to make a deal with the U.S.

It was unclear whether any U.S.

Making the whole possible trade war escalate is a recent threat from the President that he has another $US267 billion worth of Chinese goods that are earmarked for tariffs, if trade talks don't progress as he would prefer.

Beebe said that may be because survey respondents were mostly smaller firms, adding larger companies "have the ability to withstand the impact of the tariffs but it's going to be the smaller ones that are going to feel the pinch sooner".

Chinese Foreign Ministry spokesman Geng Shuang told reporters on Thursday that China welcomed the invitation, and the two countries were discussing the details.

China has also warned it could unleash "qualitative" measures, which US business groups have interpreted as more burdensome regulations, stalled visas and other red-tape headaches.

"The White House has threatened to fire the next barrage of tariffs at $200 billion more Chinese goods, expecting with this onslaught, or subsequent ones, China will wave a white flag", he said.

April 3: The US trade representative announces a list of Chinese goods subject to the tariffs.

The chairman of the American Chamber of Commerce in China warned the Trump administration might be underestimating China's resolve to fight back. China retaliates with an equivalent set of tariff proposals. "If nearly a half of American companies anticipate a strong negative impact from the next round of USA tariffs, then the US administration will be hurting the companies it should be helping".

The U.S. -China trade war is taking its toll.

Recommended News

  • Liberian President George Weah returns to Football in match against Nigeria

    Liberian President George Weah returns to Football in match against Nigeria

    Henry Onyekuru and Simeon Nwanko were on target for the Super Eagles before Liberia pulled a goal back courtesy of Kpah Sherman . John Ogu, Super Eagles midfielder, says he is happy to have captained the team in Tuesday's global friendly against Liberia .
    FLORENCE: Landfall expected Friday morning, inland flooding a threat

    FLORENCE: Landfall expected Friday morning, inland flooding a threat

    Forecasters are also warning of catastrophic inland flooding that could swamp homes, businesses, farm fields and industrial sites. As we head towards late-week, all eyes remain on Hurricane Florence and the big impacts it's going to bring to the coastal areas.
    Jeff Bezos unfazed by antitrust concerns on Amazon

    Jeff Bezos unfazed by antitrust concerns on Amazon

    Earlier this month Amazon, which Mr Bezos founded in 1994, became only the second stock market company to be valued at $1tn. Bezos said he selected these two areas after getting thousands of ideas from an appeal he launched on Twitter past year .
  • In the United States  raging hurricane

    In the United States raging hurricane "Florence"

    In Washington, North Carolina, the wind-swept Pamlico River has risen beyond its banks and is flooding entire neighborhoods. The National Hurricane Centre warned there would be "catastrophic" fresh water flooding over a wide area of the Carolinas.
    White House says Manafort plea is 'totally unrelated' to Trump's 'victorious' campaign

    White House says Manafort plea is 'totally unrelated' to Trump's 'victorious' campaign

    The deal requires him to cooperate "fully and truthfully" with special counsel Robert Mueller's Russian Federation investigation. As recently as last month, Trump praised his former campaign manager, who he said said was a "brave man" who "refused to break".
    You can now rewatch the iPhone XS Apple Event

    You can now rewatch the iPhone XS Apple Event

    IPhones fetched an average price of $724 during the April-June period, a almost 20 per cent increase from a year earlier. Ben Wood, chief of research at analyst firm CCS Insight, said Apple's popularity would offset the price for many .
  • Wrightsville Beach 12 brace for Florence to fully make landfall

    Wrightsville Beach 12 brace for Florence to fully make landfall

    Emergency declarations were in force in Georgia, South and North Carolina, Virginia, Maryland and the District of Columbia. Myrtle Beach, a SC beach resort, was deserted with empty streets, boarded up storefronts and very little traffic.
    Tesla cuts number of stock colours to streamline production

    Tesla cuts number of stock colours to streamline production

    Tesla has struggled to make the change from small-production luxury vehicle brand to a full-fledged mass-market automaker. Customers should check for current pricing and packaging options on Tesla's website , the statement said.
    Big and vicious: Hurricane Florence closes in on Carolinas

    Big and vicious: Hurricane Florence closes in on Carolinas

    North and SC residents all along the eastern Atlantic coast are evacuating ahead of an intensifying Hurricane Florence . After that point, it would be hard for people in the storm's path to either finish preparations or flee affected areas.
  • IPhone XS vs Samsung Galaxy S9: How the features compare

    IPhone XS vs Samsung Galaxy S9: How the features compare

    Of course, we're talking about mid-range Samsung smartphones, which usually don't get confirmed for major Android OS updates. With a bold " 4x fun " header, the invite confirms the invitation is for the launch event of the next Galaxy device.
    Sarri gives injury update ahead of Cardiff clash

    Sarri gives injury update ahead of Cardiff clash

    Although Chelsea have been playing like unstoppable this season, their defense has been terrible so far. CHELSEA manager Maurizio Sarri can "make history" at the club with the players he has at his disposal.
    Justin Bieber & Hailey Baldwin Stop By Marriage Bureau in NYC!

    Justin Bieber & Hailey Baldwin Stop By Marriage Bureau in NYC!

    So committed to spending my life getting to know every single part of you loving you patiently and kindLY. Earlier this week Hailey Baldwin's uncle, Alec Baldwin, gave the young couple some sage marriage advice.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.