Amy Chang Chien

1 day ago | businessandamerica.com | Daisuke Wakabayashi |Amy Chang Chien |Alan Rappeport

The United States and China took a step on Monday to defuse the trade war between the world’s two largest economies, agreeing to temporarilyreduce the punishing tariffs they have imposed on each other. The move by the United States, after President Trump had repeatedly declared that he would not lower tariffs without concessions from China, represented an acknowledgment of the costs of an all-out trade war with China.

2 days ago | nytimes.com | Daisuke Wakabayashi |Amy Chang Chien |Alan Rappeport

La Casa Blanca dio marcha atrás en los gravámenes más elevados, ya que los costos de una guerra comercial total con Pekín amenazaban el crecimiento económico mundial. Estados Unidos y China dieron el lunes un paso para apaciguar la guerra comercial que amenaza a las dos mayores economías del mundo, al acordar reducir temporalmente los aranceles de castigo que se han impuesto la una a la otra.

3 days ago | nytimes.com | Daisuke Wakabayashi |Amy Chang Chien

Both countries promised to say more on Monday about what talks over the weekend achieved. Until then, investors and businesses are guessing. Deal or no deal? That's what financial markets and businesses are waiting to learn. A weekend of productive trade talks in Geneva between the United States and China resulted in a "deal," said Jamieson Greer, the United States Trade Representative and one of the main negotiators for the Trump administration.

3 days ago | rsn.org | Daisuke Wakabayashi |Amy Chang Chien

The 145 percent U.S. tariff on Chinese goods will come down to 30 percent for 90 days, while the two sides continue talks aimed at resolving their differences. The United States and China said Monday they reached an agreement to temporarily reduce the punishing tariffs they have imposed on each other while they try to defuse the trade war threatening the world’s two largest economies.

1 week ago | nytimes.com | Daisuke Wakabayashi |Amy Chang Chien

China's central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by Chinese officials to limit the impact of the trade war with the United States. The central bank, the People's Bank of China, cut short-term interest rates and the amount of funds banks have to hold in reserve in a series of 10 measures.