Chinese officials appeal to U.S. Secretary of State Mike Pompeo to repair relations they say have been damaged by U.S. tariff hikes and support for Taiwan.
The Trump administration is readying tariffs on another round of Chinese imports, ranging from burglar alarms to mackerel, escalating a trade war between the world's two biggest economies.
The news comes after China raises the import tax on cars from the United States to 40 percent in retaliation for higher tariffs on Chinese goods imposed by President Trump.
$50 billion in U.S. goods are targeted for a 25 percent tax increase in an escalating trade dispute between Beijing and Washington.
In an escalating tiff with Washington over trade and industrial policy, the Chinese government increases import duties on a $3 billion list of American products.
Ford and other U.S. car companies really, really need electric sport utility vehicles in order to get through the coming years.