US-China trade entering tit-for-tat tariffs – Portuguese economy grew 2.7% in 2017
American-German businessman Martin Richenhagen is far from happy about the Trump administration's aggressive trade policies. "We are surprised on a daily basis by strange initiatives," he told DW.
The Chinese government has said it's willing to do its bit to reduce current trade frictions with the United States. Beijing insisted that "some specific progress" had been made during the latest round of talks.
Beijing has announced retaliatory measures after the US imposed fresh tariffs on Chinese technology products. Beijing announced tariffs on a $34 billion list of American goods including soybeans and whisky.
Beijing has dropped an anti-dumping investigation into US sorghum, in what experts view as a conciliatory gesture aimed at averting a trade war between the two countries during ongoing talks in Washington.
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