Beijing seeks tariff talks as US suspends parcels from China

We still expect the US will levy more tariffs on China later this year as part of its larger trade policy goals,

they said in a note to clients on Tuesday

If a similar deal isn’t reached, then I think it has the potential to be fairly intense,

said Clark Packard, research fellow at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies

Raising the costs of those imports would be hard for those firms,

Packard said

I’m in no rush,

Trump told reporters that day

It’s really hard to put numbers on these effects — but they would be appreciable by any measure,

he said

Wang Kai (actor)chinese actor

Regarding China's counter measures, we think that the tariffs are less than what we had expected in our view. The move is largely symbolic given that only about 12% of total imports from the US would be subject to tariffs."

Kai Wang, Asia equity market strategist at Morningstar, said

However, escalation of the trade war remains a risk given Trump's history of unpredictable behaviour. Therefore, the volatility risk remains on the table for the next four years at least,

he said

A key takeaway from this development, at least for now, is that fundamentally there is less risk implied than expected before,

he added

These tariffs are structured to signal China's capacity to endure prolonged economic confrontation while forcing the US to deal with internal economic pressures,

Mingzhi Jimmy Xu, an assistant professor at Peking University, to AFP

China's economy is in a fragile state, and this limits its ability to act freely,

she explained

Wendy Cutleru.S. Trade Representative

The Chinese tariffs do not go into effect until five days from now, a long time in Trump world,

Wendy Cutler, a former US trade official, said in a note

Given the current economic downturn, China cannot afford -- and does not want -- to impose excessive trade barriers,

she said

The operations would be horrendous in terms of implementation,

Tang said

If you inspect every package, it’s going to raise costs dramatically for consumers,

Clark Packard, a research fellow at Cato Trade, said

These tariffs on U.S. LNG directly undermine the Trump administration’s efforts to expand American energy exports and strengthen our geopolitical influence,

Riedl said

These factors could adversely affect our ability to market the remaining production capacity of our projects, which could have a material adverse effect on the viability of our projects and on our business,

Venture Global told investors at the time

There is not a dollar value you can put on saving American lives from fentanyl deaths,

the official said, reflecting U.S. concerns that China is a major source of the drug and chemicals used to make it

The tariffs may impact long-term contracting and offtake agreements...and make it more difficult for new US LNG projects to progress toward Final Investment Decisions,

analysts at energy consulting firm EBW Analytics told customers in a note on Tuesday, referring to Beijing's decision to impose retaliatory levies on U.S. energy imports

It is not clear whether China and the U.S. could reach an agreement to reach a tariff truce,

the economist wrote

We are not eager to change our baseline assumption of tariff hike to 60%. We maintain the view that the tariff war between China and the U.S. more likely will further escalate from here, but with large uncertainties regarding the timing, the pace and the magnitude of further tariff increase,

the Wall Street bank said