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Tag: trade

US and China Agree Ceasefire in Trade War

May 14, 2025May 14, 2025 chinaworker.info

‘Liberation Day’ nightmare is scaled back for 90 days but what comes next? China and the US have de-escalated their trade war at least for the short term. Talks between the two sides on 10–11 May in Geneva produced a 90-day pause until 10 August from astronomical triple-digit tariffs. Both sides agreed to a 115-percentage […]

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Capitalist rivalry, trade wars & Globalisation Today

November 19, 2019 Cillian Gillespie

Cillian Gillespie is a member of the Socialist Party (ISA in Ireland). The last year-and-a-half has seen a steady escalation of a trade war between the world’s two major capitalist powers, the United States and China. This dispute takes place against the background of the world economy undergoing a period of what has been described […]

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Trade war: Will the US-China ‘truce’ hold?

October 15, 2019 chinaworker.info

Although China and the US reached a temporary trade agreement in Washington on October 11, this does not mark a cessation of the conflict between the two imperialist powers which has raged for 16 months. The deal reached, which postpones proposed US tariff increases to 30%, in return for China making bigger purchases of some […]

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Japan & South Korea: Trade war tensions escalate

September 7, 2019 James Clement

James Clement is a member of Socialist Alternative (England, Wales & Scotland). The ongoing trade war between Japan and South Korea has heightened with the decision by the South Korean government to sever their military intelligence cooperation with Japan. The trade war itself began when Japan removed South Korea from its white list of 27 […]

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What do Trump’s Trade and Tech Wars Mean for Global Capitalism?

July 1, 2019 Vincent Kolo

Vincent Kolo is a contributor to chinaworker.info. Rising U.S.-China Tensions: A New Era of Conflict The escalating U.S.-China conflict is nothing short of a major crisis for global capitalism. With negotiations having all but collapsed there seems to be no “exit ramp” from the trade war that began in July 2018. This crisis points to […]

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