Experts at a Credit Suisse conference said countries should welcome China's rise as an opportunity to reestablish global rules.
Opening up a new trade front with the EU would be an unwise move. Washington should opt for an amicable settlement among close friends and allies, writes Michael Ivanovitch.
The United States won a World Trade Organization (WTO) ruling on Thursday against China's use of tariff-rate quotas for rice, wheat and corn, which it successfully argued limited market access for U.S. grain exports.
The EU's 11-page catalog of items facing tariffs cover a range of U.S. products, from aircraft to chemicals and food products.
It seems that Beijing's trade arrangements with Europe are complicating American efforts to radically change trade relations with China, writes Michael Ivanovitch.
U.S. negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions.
The U.S. Trade Representative on Monday proposed a list of European Union products ranging from large commercial aircraft and parts to dairy products and wine on which to slap tariffs as retaliation for European aircraft subsidies.
Indonesian President Joko Widodo and Malaysian Prime Minister Mahatir Mohamad have signed a joint letter of objection to the European Union over its plan to phase out the use of palm oil in renewable fuel, an Indonesian official said.
Now that there's more certainty that Trump will finish his term in office, China has more incentive reach a deal on U.S. trade, analysts say.
Washington's messy and protracted trade dispute with the EU and China can disrupt supply chains and set in train unpredictable rising prices, writes Dr Michael Ivanovitch.
China would do well for itself to get its unsustainable trade imbalance with the U.S. out of the way — quickly and resolutely, Michael Ivanovitch writes.
The United States won a World Trade Organization ruling on China's price support for grains, successfully challenging a calculation methodology that is also used by India.
The U.S. and China will need to overcome significant hurdles in resolving long-term disagreements if they are to build on the momentum from the past week of trade talks.
An election-bound Trump wants the China trade problem out of the way to bask in the spotlight choreographed by Chinese puppeteers during the North Korean summit later this month, Michael Ivanovitch writes.
Hanoi's ability to retain one-party rule and strict control after integrating into the global economy is seen as an attractive prospect for Pyongyang.
U.S. exports to China represent only 7.2 percent of total American sales abroad and markets shouldn't overreact even if there's no trade deal with China, Michael Ivanovitch writes.
Washington is going to have to offer Pyongyang more incentives if it wants full details of the state's weapons and missile program, experts say.
The report was based on U.S. domestic law rather than WTO agreements and multilateral rules, China's commerce ministry said in a statement late on Tuesday.
The Trump administration's trade agency has said efforts to curb China's "mercantilist" trade practicises with new WTO rules would be futile.
Although the form of the British exit from the EU is often presented as a reductionist binary choice, London has in effect restated the fundamental question of what is a European project, Michael Ivanovitch writes.