China Business & Economy

The United States is reshaping the global economic and political landscape through its trade conflict with the Chinese regime, an analyst said.

With up to 245 percent U.S. tariffs, Chinese manufacturers are losing orders from foreign buyers and trying to find ways to offload their goods.

Low foot traffic and early pack-ups at Chinese trade fair reveal how new US tariffs are putting pressure on Chinese exporters and factory jobs.

White House press secretary says that the dozens of countries reaching out to strike a deal with the United States ’speak for themselves.’

There are no clients from Germany, France, or the United States, a Chinese exporter at the China Import and Export Fair told The Epoch Times.

Beijing’s escalating trade fight with Washington threatens to deepen its economic woes, but backing down risks the CCP’s hold on power, according to analysts.

The communist regime may look for alternative ways to offset the impact of U.S. tariffs, such as creating distractions, say China watchers.

On Friday, Tesla’s website in China removed the ‘order’ button from the Model S sedan and Model X sport utility vehicle.

Trump dismissed Beijing’s retaliation, saying ‘I think I’ve heard of worse things.’

The 27-nation bloc currently imposes tariffs on Chinese made electric cars being imported into the economic zone.

Beijing said that the rules will be enforced from April 12.

Experts say U.S.–China relations have crossed a key threshold; a showdown between the world’s largest and second-largest economies has begun.

The moves come as the Trump administration increases tariffs across the world with a growing focus on China.

A White House official confirmed that the new tariff rate on Chinese products now totals 145 percent, not 125 percent as the president suggested earlier.

Hashtags and searches for ’tariff‘ or the number ’104' were mostly blocked on social media platform Weibo, with pages showing an error message.

If the USD-yuan exchange rate breaks through 8, it could trigger a global crisis of confidence in the Chinese economy, says economist David Huang.

The extra tariffs are set to hit China’s exports, a key pillar of the CCP’s ailing economy.

‘It makes a lot of sense when you want to make sure that nobody can evade these rules,’ China expert Gordon Chang said in an interview.

Experts say the tariff standoff is beyond economic conflict; Trump and Xi are contesting U.S. economic might versus communist political control.

The former foreign minister accused a nonprofit of promoting communism, which is illegal in Malaysia.