- Title: U.S. foreign policy under Trump's administration in 2019.
- Date: 18th December 2019
- Summary: LODI, CALIFORNIA, UNITED STATES (FILE - APRIL 27, 2018) (REUTERS) VARIOUS OF UNLABELLED CANS IN PRODUCTION LINE AT PACIFIC COAST PRODUCERS DISTRIBUTION CENTRE WORKER PICKING UP BOX OF SIX CANS OF RAVIOLI OFF CONVEYOR BELT SAN PEDRO, CALIFORNIA, UNITED STATES (FILE - JULY 10, 2018) (REUTERS) VARIOUS OF CONTAINER SHIPS AT THE PORT OF LOS ANGELES FARRELL, PENNSYLVANIA, UNITED STATES (FILE - MARCH 9, 2018) (REUTERS) RED-HOT SLABS OF STEEL MOVING ON CONVEYOR BELT MACHINE AMID SMOKE AND FLAMES In recent years, some Chinese manufacturers started to relocate some of their capacity to countries such as Vietnam and Cambodia, due to high operating costs back home. In September 2018, U.S. President Donald Trump imposed additional tariffs on $200 billion of Chinese goods. Since then, the Trump administration further hiked tariffs on Chinese imports, raising the U.S. taxes on some Chinese products to 42.6%. GUANGZHOU, CHINA (FILE - JUNE, 2019) (REUTERS) CHINESE WORKERS WORKING ON YAKEDA TACTICAL GEAR CO. FACTORY FLOOR HANDS WORKING WITH SEWING MACHINE WORKER WORKING, SEWING MACHINE WHEEL SPINNING THREAD UNRAVELLING WORKER LOOKING AT BAG Chinese investors, caught off guard by U.S. President Donald Trump's tariff threats, dumped stocks and sold the country's yuan on Monday (May 6) as a fresh deterioration in Sino-U.S. trade tensions roiled Asian financial markets. Both the blue-chip CSI300 index and the Shanghai Composite Index tumbled more than 5 percent in morning trade. Hong Kong's Hang Seng index slumped more than 3 percent. China's currency, the yuan, dropped to 6.7980 per dollar in early trade, its weakest level in 3-1/2 months. HONG KONG, CHINA (FILE - MAY 6, 2019) (REUTERS) BOARD SHOWING STOCK PRICES TRADERS WORKING IN OFFICE VARIOUS OF SCREENS SHOWING HANG SENG INDEX DURING MORNING TRADING SESSION
- Embargoed: 1st January 2020 18:39
- Keywords: China Trump U.S. President Donald Trump Xi Jingpin markets tariffs trade trade war
- Location: VARIOUS LOCATIONS
- City: VARIOUS LOCATIONS
- Country: Various
- Topics: Diplomacy/Foreign Policy,Government/Politics
- Reuters ID: LVA00MBAJ0EH3
- Aspect Ratio: 16:9
- Story Text: FOREIGN POLICY 2019 CONTINUES IN EDITS:
0468-USA-TRUMP/FOREIGN POLICY 2019-PART 1
0470-USA-TRUMP/FOREIGN POLICY 2019-PART 3
0471-USA-TRUMP/FOREIGN POLICY 2019-PART 4
0472-USA-TRUMP/FOREIGN POLICY 2019-PART 5
0474-USA-TRUMP/FOREIGN POLICY 2019-PART 6
0475-USA-TRUMP/FOREIGN POLICY 2019-PART 7 - Copyright Holder: FILE REUTERS (CAN SELL)
- Copyright Notice: (c) Copyright Thomson Reuters 2019. Open For Restrictions - http://about.reuters.com/fulllegal.asp
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