US-China Trade War: GK, Current Affairs, Questions, Trivia and News

China conducts military exercise in the disputed South China Sea

China is holding military exercise around Parcel Islands in South China Sea between July 1, 2020 and July 5, 2020. US has raised its concerns over the exercise in a disputed territory. What is the issue? The dispute of South China Sea involves both maritime and island claims among the sovereign states in the region ..

China imposes Visa restrictions on US individuals over Hong Kong

On June 29, 2020, China announced that it will impose Visa restrictions on US individuals who have “Egregious Conduct” related to Hong Kong issues. Highlights The United States had recently imposed sanctions against unnamed Chinese officials that US believe are responsible for curbing freedom in Hong Kong. What is the issue? The Parliament of China ..

US to impose Sanctions on China over its Hong Kong Law

On June 26, 2020, the US Senate approved the bill unanimously to impose sanctions on individuals and business that are undermining the autonomy of Hong Kong. What is the issue? China recently imposed a strict National Security Law on Hong Kong. According to the law, China took over the defence and external affairs of Hong ..

Phase I of Trade Deal Signed between US and China

After 18 months of barbs and sanctions, the two economic powerhouses of the world, the United States and China have signed the Phase I of the trade deal on Wednesday, 15th January 2020 that have bought a long-anticipated relief for manufacturers of both the countries and to the rising economic slowdown globally. The agreement which ..

US drops Currency Manipulation Charge against China ahead of Trade Deal

According to the semi-annual report on Macroeconomics and Foreign Exchange Policies published by the United States Treasury Department on Monday 13th January 2020, United States has dropped its charges of designating China as a currency manipulator as no major US trading partner was reported as currency manipulator in the report which came less than 48 ..

Chinese Delegation on its way to the US to sign Trade Deal

To sign phase one of the US-China trade deal, on Monday, 13th January 2020 a Chinese delegation led by the Vice Premier of China, Liu He, who headed the Chinese negotiation team during the US-China trade talks embarked on a visit to Washington were the long-awaited deal is scheduled to be signed between the President ..

US, China Trade War likely to end in First Week of 2020

The American economist, Peter Navarro who is currently serving as the trade adviser to the US President has suggested on Monday, 30th December 2019 that a trade deal is likely to be signed between the US and China during the upcoming week. Earlier this month the White House has signaled that a trade deal with ..

Developing Country Status in WTO

US President Trump has made a sharp criticism against the World Trade Organisation (WTO) for allowing countries such as India and China to engage in unfair trade practices that affect American economic interests. President Trump questioned the “developing country” status enjoyed by India and China at the WTO and argued that these countries are not ..