US CHINA
China releases white paper on COVID-19 origins tracing, says US should not "pretend to be deaf and dumb"
China released a white paper on COVID-19 tracing and control, hailing its pandemic response while urging the next phase of origin-tracing to focus on the U.S. The document accused Washington of evasion, saying it should stop “pretending to be deaf and dumb” and address global concerns, according to Xinhua.
Trump's tariffs loom over American economy as shipments from China fall
American businesses are reeling from President Trump's unpredictable trade policies, leading to order cancellations and postponed expansions. Massive tariffs on imports, particularly from China, threaten to cause shortages and higher prices for consumers.
U.S farmers in full blown crisis: Chinese retaliation hits the President's core voter base; Trump tariffs trigger sharp decline in pork and soybean orders
The US-China trade war has triggered a crisis for American farmers. China's cancellation of orders, including pork and soybeans, has led to business closures. Retaliatory tariffs have worsened the situation. While consumers might see temporary price drops, the long-term impact includes job losses and struggling farms. The US agricultural industry faces significant challenges due to the trade dispute.
China blames US tariffs for halting Boeing plane deliveries
China attributes its halt on Boeing aircraft acceptance to US tariffs, citing disruptions in the international air transport market. The commerce ministry highlighted the severe impact on the global industrial and supply chains, affecting both Chinese airlines and Boeing.
Export employment to dive if trade war persists: US business group
Escalating trade tensions between the U.S. and China, triggered by tariff hikes, are jeopardizing American jobs and economic growth. China's 125% retaliatory tariffs on $140.7 billion of U.S. exports threaten over 862,000 jobs, particularly impacting the South and Midwest regions dependent on agricultural exports. The US-China Business Council urges negotiation to avert further economic damage.
- Go To Page 1
With China and the US at intense economic odds, other nations are being forced to choose sides
As trade tensions escalate between the U.S. and China, countries are hedging their bets by strengthening ties with Beijing. Trump's tariffs are disrupting global trade, prompting nations to seek stability and predictability with China.
China says on 'right side of history' in trade standoff with US
A top Chinese economic official asserted that Beijing is on the "right side of history" amidst its trade war with the United States, condemning Washington's "unilateralism and bullying." China vowed to fight "to the end" while acknowledging the strain on its export-dependent economy due to US tariffs, impacting some workers' jobs.
China shrugs off threat of US tariffs to economy, says it has tools to protect jobs
China's leaders are downplaying the impact of the US trade war under President Donald Trump, emphasizing their ability to protect jobs and mitigate the effects of higher tariffs on Chinese exports. Senior government officials have promised support for businesses and the unemployed, including easier lending conditions and policies to counter the tariffs, which could reach up to 145% on US imports from China.
China hits out at 'extreme selfishness' of tariffs
China's foreign minister has hit out at the "extreme selfishness" of tariffs, hinting at the steep levies imposed on Beijing by US President Donald Trump. This will "only undermine their credibility", added Wang, who was speaking on Friday on the sidelines of a foreign ministers' meeting in Almaty, Kazakhstan.
China insists no trade talks with US, despite Trump claim
China refuted claims of trade discussions with the United States. This came after President Trump suggested a conversation with Xi Jinping. China's commerce ministry previously denied any economic negotiations. Beijing reiterated that no tariff consultations or agreements occurred. They accused the US of misleading statements about ongoing dialogue.
U.S agro industry in dire straits; China suddenly halts 12,000 metric tons of pork shipments
China has cancelled 12,000 metric tons of US pork imports, marking the largest cancellation since the pandemic's onset, amidst escalating trade tensions. This move deals a blow to American pork producers, who face high tariffs, hindering their competitiveness in the crucial Chinese market. The National Pork Producers Council highlights the impossible competition due to these tariffs.
US-China trade war: Beijing offers tariff relief on 131 American goods — Here’s what might be on the list
China is reportedly considering exemptions for certain U.S. imports from its 125% tariffs, as the economic impact of its ongoing trade dispute with Washington becomes increasingly evident.
US stocks open mixed as China trade uncertainty lingers
Wall Street's main indexes opened lower on Friday as investors sifted through conflicting comments from U.S. President Donald Trump and Beijing on developments in the US-China trade war.
Trump says had call with China's Xi on tariffs: US media
In a recent interview with TIME Magazine, US President Donald Trump stated he discussed tariffs with China's Xi Jinping amidst an escalating trade war. Trump's levies on Chinese goods have surged to 145 percent, prompting denials of trade negotiations from China. However, Trump anticipates an agreement within weeks, aiming to prevent China from profiting excessively from the US.
Is China really negotiating with Trump? The truth behind tariff talks
China refuted claims of active tariff negotiations with the U.S., dismissing them as baseless. This response follows Trump's suggestion of potential tariff reductions. Chinese officials emphasized their openness to dialogue based on mutual respect and equality. They insisted that resolving the trade dispute requires the U.S. to completely remove all unilateral tariffs imposed on China.
Beijing says claims of ongoing US-China trade talks 'groundless'
"As the competent department for foreign economic and trade relations, I would like to emphasise that there are currently no economic and trade negotiations between China and the United States," Chinese Commerce Ministry spokesman He Yadong told a news conference.
Asian stocks fluctuate after wavering tariff news
A regional gauge of stocks swung between small gains and losses as market enthusiasm got curbed after Treasury Secretary Scott Bessent cast doubt on a timely resolution to the US-China trade war. That trimmed the S&P 500’s gain to 1.7% while the Nasdaq 100 rose 2.3%. The yen reversed two days of losses and the dollar weakened in early Asian trade.
ETMarkets NRI talk: US-China trade tensions could reshape global portfolios—NRIs must rethink strategy, says Quest CEO
The combined effect of these forces—higher costs, slower consumption, and uncertain supply—raises the risk of a global economic slowdown or even recession.
China says door for US trade talks 'wide open'
China said Wednesday that it was willing to engage in trade talks with Washington, a day after US President Donald Trump signalled that hefty tariffs he imposed on the country would come down after the sides reach a deal. Trump acknowledged Tuesday that the level of US tariffs on China was currently "very high", saying that they would "come down substantially" after a deal is struck.
US softening on China tariffs brings little relief from trade uncertainty: Garima Kapoor
Despite potential tariff reductions on Chinese imports, global trade faces continued uncertainty, according to Elara Capital's Garima Kapoor. She suggests that while tariffs may decrease partially, they won't disappear entirely, leading to ongoing friction between the U.S. and China. This evolving relationship signals a "new normal" with potentially higher average U.S. tariffs and broader tensions encompassing technology and national security.
IMF warns of larger losses for US, China in 2026 and beyond due to trade war
Trump Tariff Growth Hit: The International Monetary Fund has reduced its global growth prediction. This is due to US-China trade tensions. The IMF expects 2.8 percent growth in 2025. A 3.0 percent growth is expected in 2026. These figures are lower than previous forecasts. Escalating tariffs are impacting the global economy. The IMF warns of further economic damage.
U.S. Treasury Secretary Scott Bessent is moving the market like a pendulum; here’s what he said that sent stocks surging before paring gains
US Treasury Secretary Scott Bessent's comments regarding the US-China trade war's unsustainability briefly boosted the S&P 500. The market's initial optimism faded later in the day. The absence of a transcript raises the possibility of misinterpretation, despite previous statements highlighting the US advantage in trade relations. Trump has also expressed optimism about reaching a deal with China.
Indo-US Tech Alliance: A strategic pivot amid the US-China tech cold war
Amidst the ongoing US-China tech war, India has a significant opportunity to gain through a well-crafted tech deal with the US, potentially surpassing the benefits of a simple trade agreement. Semiconductors are at the heart of the US-China conflict, with recent restrictions on chip exports impacting companies like Nvidia and AMD.
Is Trump inching towards a trade deal with China?
US-China trade: Amidst a prolonged trade war marked by escalating tariffs, signs of reconciliation emerge between the US and China. US President Donald Trump hints at easing tariff pressures, expressing willingness to negotiate a deal. China reciprocates, urging the US to cease "extreme pressure" and signaling readiness for talks, appointing a new trade negotiator.
Load More
