Skip to content
August 28, 2025
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • tiktok
MILLENNIUM NEWS 24/7

MILLENNIUM NEWS 24/7

Bridging The Community’s World Wide

  • Home
  • IP TV LIVE
  • PODCAST
  • U.S.News
  • LOCAL ELECTION
  • State News
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Michigan
    • Maine
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Virginia
    • Washington
    • West Virginia
    • U.S. Virgin Islands
  • Politics
  • World News
  • Sports
  • Entertainment
  • Weather
  • Business
  • Health News
  • ADVERTISEMENT
  • About Us
  • Contact us
Live TV

China appoints new top international trade negotiator amid tariff tensions with the US

BEIJING — China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the U.S.

The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the U.S.

The world’s two largest economies have been steadily increasing tariffs on each other’s goods since the U.S. raised tariffs on dozens of countries. China faces 145% taxes on exports to the U.S., while other countries were given a 90-day reprieve for most duties.

Earlier on Wednesday, China announced its economy expanded at a 5.4% annual pace in January-March, supported by strong exports. Analysts are forecasting that the world’s second largest economy will slow significantly in coming months, however, as tariffs on U.S. imports from China take effect.

Exports were a strong factor in China’s 5% annual growth rate in 2024, and the official target for this year remains at about 5%.

Beijing has hit back at the U.S. with 125% tariffs on American exports, while also stressing its determination to keep its own markets open to trade and investment.

In the near term, the tariffs will put pressure on China’s economy, but they won’t derail long-run growth, Sheng Laiyun, a spokesperson for the National Bureau of Statistics, told reporters.

It wasn’t clear why China was changing negotiators but the change comes as Chinese officials say the country has multiple options to respond to U.S. actions, including relying more on its own vast market of 1.4 billion consumers, and on Europe and countries in the global south. But as China’s domestic consumption continues to languish, it will be difficult to replace the U.S. consumer.

China also imposed more export controls on rare earths, which include materials used in high-tech products, aerospace manufacturing and the defense sector.

Prior to his new appointment, Li spent about 4 1/2 years as China’s ambassador to the World Trade Organization, the body that governs global commerce and to which Beijing has appealed in its tariff dispute with the U.S.

He was also deputy permanent representative to the Chinese delegation to the United Nations office in Geneva and other international organizations in Switzerland.

He has also served as an assistant minister at the Ministry of Commerce and director-general of the ministry’s Department of Treaty and Law.

Li has a bachelor’s degree in law from China’s elite Peking University and a master’s degree in economics of law from the University of Hamburg.

About Author

Habib Habib

See author's posts

Post navigation

Previous The Oklahoma City bombing was 30 years ago. Some survivors worry America didn’t learn the lesson
Next Why Elon Musk installed his top lieutenants at a federal agency you probably haven’t heard of

Related Stories

James Cameron on two decades of making ‘Avatar’ and the future he sees for movies

James Cameron on two decades of making ‘Avatar’ and the future he sees for movies

Katy Perry testifies that she’s seeking ‘justice’ at trial over $15 million mansion

Katy Perry testifies that she’s seeking ‘justice’ at trial over $15 million mansion

A look at Uganda, the east African nation where the US is set to deport Abrego Garcia

A look at Uganda, the east African nation where the US is set to deport Abrego Garcia

Entertainment

James Cameron on two decades of making ‘Avatar’ and the future he sees for movies 1

James Cameron on two decades of making ‘Avatar’ and the future he sees for movies

Katy Perry testifies that she’s seeking ‘justice’ at trial over $15 million mansion 2

Katy Perry testifies that she’s seeking ‘justice’ at trial over $15 million mansion

Lil Nas X charged with attacking police officers as he walked naked on Los Angeles street 3

Lil Nas X charged with attacking police officers as he walked naked on Los Angeles street

Pennsylvania’s Chautauqua is a summertime haven for lifelong learners 4

Pennsylvania’s Chautauqua is a summertime haven for lifelong learners

Mariah the Scientist’s ‘Hearts Sold Separately’ mixes love potions and pensive emotions 5

Mariah the Scientist’s ‘Hearts Sold Separately’ mixes love potions and pensive emotions

At the Pennsylvania Chautauqua, the ‘good use of leisure time’ is an art form 6

At the Pennsylvania Chautauqua, the ‘good use of leisure time’ is an art form

Brent Hinds, former Mastodon singer-guitarist, dies at 51 in motorcycle crash 7

Brent Hinds, former Mastodon singer-guitarist, dies at 51 in motorcycle crash

Top News

James Cameron on two decades of making ‘Avatar’ and the future he sees for movies

James Cameron on two decades of making ‘Avatar’ and the future he sees for movies

Katy Perry testifies that she’s seeking ‘justice’ at trial over $15 million mansion

Katy Perry testifies that she’s seeking ‘justice’ at trial over $15 million mansion

A look at Uganda, the east African nation where the US is set to deport Abrego Garcia

A look at Uganda, the east African nation where the US is set to deport Abrego Garcia

Israeli military says strikes on Gaza hospital targeted a Hamas camera, without providing evidence

Israeli military says strikes on Gaza hospital targeted a Hamas camera, without providing evidence

  • Home
  • About Us
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • tiktok
Editor: Nur M Tofader, Home Office: 250 Park Avenue, 7th Floor, New York, NY 10177 Tell: 718 893 0002 (Office), 7188441300, +1212 401 6266, e-mail: Info@millenniuamtv24.com, e-mail: Info@millenniuamnews24.com, Copyright © Millennium News 24/7 | DarkNews by AF themes.