Page 5 - China Us Trade

US-China trade talks in London to tackle fresh disputes, tariff truce

US-China trade talks in London this week are expected to take up a series of fresh disputes that have buffeted relations, threatening a fragile truce over tariffs. Both sides agreed in Geneva last month to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other in an escalating trade war that had sparked fears of recession. Since then, the US and China have exchanged angry words over advanced semiconductors that power artificial intelligence, rare earths that are vital to carmakers and other industries, and visas for Chinese students at American universities. President Donald Trump spoke at length with Chinese leader Xi Jinping by phone last Thursday in an attempt to put relations back on track. Trump announced on social media the next day that trade talks would be held on Monday in London. Technology is a major sticking point The latest frictions began just a day after the May 12 announcement of the Geneva agreement to pause tariffs for 90 days. The U

Xi will restart rare earth supply, trade talks set for June 9: Donald Trump

Trump and Xi held a 90-minute call on Thursday that saw the two agree to defuse growing tensions spurred by concerns over the flow of critical minerals needed by American firms

US, Chinese officials to hold new round of trade talks in London next week

Senior US administration officials will meet with a Chinese delegation on Monday in London for the next round of trade negotiations between Washington and Beijing, President Donald Trump said Friday. The meeting comes after a phone call between Trump and Chinese leader Xi Jinping on Thursday, which the US president described as a very positive conversation as the two countries attempt to break an impasse over tariffs and global supplies of rare earth minerals. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer will represent the US side in the trade talks. The meeting should go very well, Trump wrote on his social media platform Friday afternoon.

China's overseas income tax global crackdown expands beyond ultra-rich

Chinese authorities are seeking to boost fiscal income and narrow a record budget deficit as Beijing has ramped up stimulus to counter US tariffs

Trump calls Xi 'very tough' after accusing China of breaching trade pact

Donald Trump ramps up US-China tensions, alleging Beijing violated a May minerals agreement, as trade talks with Xi Jinping stall, fresh visa curbs stir diplomatic unease

China accuses US of violating trade truce over chip curbs, vows retaliation

US-China truce in jeopardy as Washington and Beijing trade accusations over Geneva trade agreement violations

Macron touts 'positive new' Asia-Europe alliance amid US-China rivalry

French President Emmanuel Macron has called on European and Asian nations to work together to build a "positive new alliance" to avoid being dragged into the growing rivalry between the US and China. Addressing the Shangri-La Dialogue in Singapore, Macron singled out the China-US rivalry as the biggest risk confronting the world. France's longstanding goal for Europe's strategic autonomy is also relevant for Asian countries, which share many of the same interests and can combine forces with like-minded European partners as they seek a third way, Macron said in the speech on Friday. The time for non-alignment has undoubtedly passed, but the time for coalitions of action has come and requires that countries capable of acting together give themselves every means to do so, Macron said in his keynote address. Let's build a positive new alliance between Europe and Asia, based on our common norms, on our common principles. Our shared responsibility is to ensure with others that our countr

Chinese students looking for new destinations amid Trump's visa crackdowns

Many students in the US, including Indians, face challenges as Trump's tighter visa scrutiny creates growing uncertainty for international students in the country

US futures jump while Asian shares slip after Trump delays EU tariffs

US futures jumped Monday and Asian shares mostly fell after US President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9 from June 1. Trump announced the decision after a call Sunday with Ursula von der Leyen, the president of the European Commission, who said she wants to get down to serious negotiations, according to the US president's retelling. Last week, Trump said on social media that trade talks with the European Union were going nowhere and that straight 50% tariffs could go into effect on June 1. The future for the S&P 500 gained 1% while that for the Dow Jones Industrial Average advanced 0.8%. In Asian trading, Tokyo's Nikkei 225 climbed 0.7% to 37,427.48 while the Kospi in Seoul picked up 1.2% to 2,622.07. Hong Kong's Hang Seng lost 1% to 23,370.94 and the Shanghai Composite Index fell 0.3% to 3,338.42. Australia's S&P/ASX 200 was nearly unchanged at 8,360.70. Other regional markets were mostly lower. On Friday, US

Indian stocks unlikely to give significant return in next 1-yr: Marc Faber

Faber finds countries like Indonesia, Thailand, and Malaysia more attractive than India right now.

China's April factory output, retail sales growth slow amid trade war pause

Retail sales, a gauge of consumption, rose by 5.1 per cent in April, down from a 5.9 per cent increase in March and compared with forecasts for an expansion of 5.5 per cent

Trump or not, the EU has no plans to revive 2020 investment deal with China

The EU is unwilling to resume the 2020 China investment deal despite diplomatic signals, focusing instead on trade imbalances and Beijing's industrial overcapacity

Eyeing US exodus, China dangles high salaries to bring scientists home

US' loss could be China's gain: Facing US funding cuts and political pressure, China is offering big paychecks to attract Chinese-born scientists considering leaving American universities and labs

US-China trade war risks making Europe dumping ground for cheap goods

As Europe tightens checks to block a surge of Chinese goods redirected from the US, data show China's trade surplus with the EU hit a record $90 billion in the first four months of 2025

US tariff pause on Beijing puts pressure on 'China-plus-one' countries

Vietnam, for example, was better off than China with a 46 per cent rate, while Thailand was at 36 per cent and Malaysia at 24 per cent

Markets to decide if 'substantial progress' enough after US-China talks

Early indicative prices in foreign exchange markets in Australia and Asia, showed both euro and yen edging lower against the US dollar

Baseline tariff 10% on all trade unless 'exceptional' offer made: Trump

After a UK trade deal retaining a 10% tariff, US officials urge Trump to maintain at least 10% levies on all imports to curb the trade deficit and boost domestic manufacturing

Trump team eyes tariff cuts, rare earths relief in China trade talks

The talks are expected to be exploratory, focusing on airing grievances rather than resolving the many issues between the US and China, according to people familiar with the matter

'Arranged at the request of the US': China on high-level trade talks

US-China trade war: Beijing urges respectful dialogue ahead of high-level trade talks with Washington in Switzerland

Top Trump officials to meet with Chinese counterparts amid trade war

Top US officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday, in the first major talks between the two nations since President Donald Trump sparked a trade war with stiff tariffs on imports. Treasury Secretary Scott Bessent and trade representative Jamieson Greer will meet with their counterparts in Geneva in the most-senior known conversations between the two countries in months. It comes amid growing US market worry over the impact of the tariffs on the prices and supply of consumer goods. Trump had claimed previously that the US and China were holding negotiations on lowering tariffs, which Beijing has denied, saying Trump must first lower his stiff tariffs. Bessent earlier Tuesday testified to a House committee that the US and China have not engaged in negotiations but as early as this week, the US will be announcing trade deals with some of the US' largest trading partners. The Chinese Commerce Ministry