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 by Staff Writers Washington (AFP) Jan 14, 2019
President Donald Trump said Monday he expects to be able to reach a trade deal with China, which is feeling the impact of US tariffs. "We are doing very well with China. They're having a hard time with their economy because of the tariffs," Trump told reporters at the White House. "I think that we are going to be able to do a deal with China." US officials were in Beijing last week for talks aimed at ending the bruising trade confrontation that has subjected more than $350 billion in two-way trade to steep tariffs. Chinese officials said the next round of negotiations would be held in Washington between January 30 and 31. Trump and Chinese leader Xi Jinping agreed on December 1 to a three-month truce in the escalating spat. "I can tell you we are getting things that before I became president you would have had no chance at getting," Trump said. "They would have laughed in your president's face." As Trump has pressed Beijing to increase imports of US goods, China's trade surplus with the United States hit a record last year of $323.3 billion, an 11 percent increase over 2017, according to Chinese customs data released Monday. However, in a sign that the White House's punitive measures are having an impact, China's exports to the US sank last month. And China's total exports fell 4.4 percent in December from a year earlier, while imports dropped 7.6 percent, reflecting sluggish demand at home and abroad.
US firm cuts China supplier over forced labour concerns Beijing (AFP) Jan 10, 2019 A United States sportswear company has stopped using a Chinese supplier following concerns it was using forced labour in camps in northwestern China. Badger Sportswear, a company based in North Carolina, said it would stop sourcing clothing from Hetian Taida in Xinjiang. "Out of an abundance of caution and to eliminate any concerns about our supply chain given the controversy around doing business in Northwestern China, we will no longer source any product from Hetian Taida or this region of C ... read more
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