Tag: Howard Lutnick

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Indonesia Rejects U.S. Bid to Ban Chinese Ships in Tariff Talks

Indonesia Rejects U.S. Bid and pressing U.S. trade officials to allow the use of Chinese-flagged or China-built ships for its Washington-bound exports, warning that it “don’t want to give in to all their demands” as the two sides finalize a 19% tariff deal, senior officials said. ...

WEEK IN REVIEW: Trump Might Be Dialing Back to Strike China Deal

U.S. President Donald Trump is reportedly dialing down his rhetoric in order to secure direct talks with his Chinese counterpart, Xi Jinping, and a possible trade deal. Bloomberg quoted unnamed White House sources saying Trump is increasingly pursuing purchase agreements that resemble deals he made in his first ...

China, U.S. Ink Rare Earth Deal; More Trade Pacts Coming

The United States and China have signed a long-awaited framework agreement aimed at restarting rare earth mineral shipments and easing trade tensions ahead of a critical July tariff deadline, U.S. Commerce Secretary Howard Lutnick confirmed this week. The deal, finalized ...

World Economy Nervously Watches U.S.-China Trade Talks

U.S. and Chinese delegations are meeting in London on Monday for their second round of trade talks. He Lifeng, China’s Vice Premier for Economic Policy, will lead the Chinese side, while the U.S. will be represented by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson ...

“Vietnam’s Just a Pathway of China” to the U.S., Says Commerce Secretary

The pressure on Vietnam in the escalating trade war between the U.S. and China went up significantly on Wednesday when Commerce Secretary Howard Lutnick made it very clear that eliminating all trade tariffs on U.S. goods will not be enough to satisfy the Trump administration. ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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U.S. Imposes Trade Restrictions on Dozens of Entities With Eye on China

The United States added dozens of entities to a trade blacklist Tuesday, the Commerce Department said, in part to disrupt Beijing's artificial intelligence and advanced computing capabilities. The action affects 80 entities from countries including China, the United Arab Emirates, and ...