China US Trade

The office, which falls under the department's Bureau of Industry and Security, also has not issued expected restrictions to address concerns about medium and heavy-duty truck imports

With Xi, 72, traveling abroad less - he skipped the recent G-20 leaders' summit in South Africa, for example - the impetus is on foreign leaders to subscribe to his home-court diplomacy

Zhipu and MiniMax are planning Hong Kong IPOs as filings show high cash spending and US chip limits, with pressure to list early before US AI giants go public in 2026 and attract global investors

China on Friday announced strong countermeasures against several US defence companies and senior executives in response to Washington's recent decision to approve large-scale arms sales to Taiwan, Global Times reported.The Chinese Foreign Ministry said it will impose sanctions on 20 US defence-related companies and 10 senior executives who have been involved in supplying weapons to Taiwan in recent years. The action has been taken under China's Anti-Foreign Sanctions Law and will come into effect immediately.According to the ministry, the targeted companies include Northrop Grumman Systems Corporation, L3Harris Maritime Services, Boeing in St. Louis, Gibbs & Cox, Advanced Acoustic Concepts, VSE Corporation, Sierra Technical Services, Red Cat Holdings, Teal Drones, ReconCraft, High Point Aerotechnologies, Epirus, Dedrone Holdings, Area-I, Blue Force Technologies, Dive Technologies, Vantor, Intelligent Epitaxy Technology, Rhombus Power and Lazarus Enterprises.Under the sanctions, .

Sacks' comments raise questions about whether Nvidia will be able to recover revenue from China, a data centre market it has removed entirely from its forecasts

The Ministry of Industry and Information Technology added AI processors from Huawei and Cambricon to its government-approved list of suppliers

President Donald Trump is planning a USD 12 billion farm aid package, according to a White House official a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war. According to the official, who was granted anonymity to speak ahead of a planned announcement, Trump will unveil the plan Monday afternoon at a White House roundtable with Treasury Secretary Scott Bessent, Agriculture Secretary Brooke Rollins, lawmakers and farmers who raise cattle and grow corn, cotton, sorghum, soybeans, rice, wheat, and potatoes. Farmers have backed Trump politically, but his aggressive trade policies and frequently changing tariff rates have come under increasing scrutiny because of the impact on the agricultural sector and because of broader consumer worries. The aid is the administration's latest effort to defend Trump's economic stewardship and answer voter angst about rising costs even a

The controlled sale of Nvidia's H200 chips to China will carry a 25% US charge, with Trump arguing that the plan safeguards innovation, supports workers and keeps America ahead in the global AI race

China's exports were up 5.9 per cent from last year, higher than expected, while imports rose only 1.9 per cent, creating a monthly surplus of $112 billion

China's exports returned to growth in November following an unexpected contraction the month before, although shipments to the United States dropped nearly 29% from a year earlier in an eighth straight month of double-digit declines. Overall exports from China were 5.9% higher than last year in November in dollar terms, customs data released on Monday showed, at $330.3 billion, better than economists' estimates. That was an improvement from a 1.1% contraction in October. While exports from China to the US have fallen for most of the year, shipments have surged to other destinations, including Southeast Asia, Africa and Latin America. China's imports increased 1.9% in November, better than October's 1% growth, even though a persistent downturn in the property sector is still weighing on consumer spending and business investment. A year-long trade truce between China and the US was reached at a meeting between US President Donald Trump and Chinese leader Xi Jinping in late October in

Greer claimed that the US trade deficit with China was down "about 25 per cent" since President Donald Trump came to office, a move in the "right direction" for a team seeking to balance flow of goods

Investors should diversify, as we don't know what the world will look like in five years. Markets valuations are sky-high, but the economic reality for ordinary people is not good, Faber said.

A trade truce between the United States and China has calmed nerves, but it won't stop the broader movement of companies to countries like Vietnam

China said Monday it is making good on its pledge to crack down on chemicals that can be used to make fentanyl, a key issue for President Donald Trump during recent talks with Chinese leader Xi Jinping as they aimed to take steps to ease a trade war. Beijing announced new export restrictions on 13 drug-making chemicals to the United States, Canada and Mexico, including those that are used to produce the synthetic opioid blamed for tens of thousands of overdose deaths in the U.S. every year. After meeting Xi in South Korea last month, Trump said China would help end the fentanyl crisis and he would ease a related tariff from 20 per cent to 10 per cent. It shows the back-and-forth nature of U.S.-Chinese cooperation on fentanyl over the years and lessens the recent tensions after Trump launched his campaign of tariffs, including those against the country that is the top exporter of pharmaceutical ingredients, such as the chemicals used to make fentanyl. What the Trump administration ha

The suspensions remove some costs and uncertainty for an industry that had been facing fees to deliver goods to the US

Under the new directive, China has ordered data centres that are less than 30 per cent complete to remove foreign chips and scrap any plans to buy them

The announcements are the latest in a string of actions taken by the federal government to invest directly in the supply chain of permanent magnet production, an industry dominated by China

Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing's "bulwark" against conflicts

Xi's remarks came as he was the only superpower left at the summit after US President Donald Trump departed from South Korea a day earlier