Page 13 - Us China Trade War

Chinese firms race to open US factories as Trump's tariff war hits home

Donald Trump's message for Chinese exporters was clear: move production to America, or risk being priced out of the market

China's Q1 industrial profits return to growth amid US tariff woes

Cumulative profits of China's industrial firms rose 0.8 per cent to 1.5 trillion yuan ($205.86 billion) in the first quarter from a year earlier

Trump says Xi Jinping called to negotiate tariff deal; China rejects claim

Trump in the interview said he has made 200 tariff deals and expected to finish negotiations in about three or four weeks

Cheap e-shopping just ended in US as Trump plugs de minimis tariff loophole

For years, Chinese e-commerce giants like Shein and Temu thrived on a trade loophole that let them ship cheap goods to the US without paying tariffs, which President Trump has now ended

Trade war narrows down to US-China, Chinese trade deflection a real worry

The fear of deflection of Chinese exports to third markets is giving a major scare to the policymakers in developing nations

Politburo to shed light on Xi Jinping's strategy for trade war stimulus

The Politburo, the ruling Communist Party's 24-member decision-making body led by President Xi Jinping, is expected to assess the economy's outlook at a gathering by the end of this month

China boosts cash injection to shield economy from US tariff impact

The People's Bank of China will conduct 600 billion yuan ($82.3 billion) of one-year medium-term lending facility to maintain ample liquidity in the banking system

China considers rolling back 125% tariff on key US imports amid trade war

US-China trade war: The rollback would impact key industries such as medical equipment and industrial chemicals

Indian Rupee opens stronger at 85.19/$ on FII inflows, US-China trade talks

The domestic currency opened 8 paise stronger at 85.19 after closing at 85.27 against the greenback on Thursday

Global container shipping volume to fall 1% on Trump trade policies: Drewry

That would be the third drop in global container shipping demand since London-based Drewry began collecting that data in 1979

Boeing to resell jets blocked by China as trade tariffs delay deliveries

Boeing took the rare step of publicly flagging the potential aircraft sale during an analyst call on Wednesday, saying there would be no shortage of buyers in a tight jet market

Indian firms should avoid re-routing of goods from China to US: GTRI

Domestic exporters should not use India as a destination for re-routing goods originating from high-tariff countries like China to the US, economic think tank GTRI said on Thursday. Instead of re-routing, Indian exporters should build genuine value addition, supply chain transparency, and adhere to US customs rules, the Global Trade Research Initiative (GTRI) said. Cautioning against "shortcuts", GTRI Founder Ajay Srivastava said Indian firms need to build on genuine value addition, supply chain transparency, and comply with US customs rules. For countries like India, the opportunity is real, but only if exporters play by the rules. He added that exporters often misunderstood US non-preferential rules of origin (RoO), which determine a product's true origin. If a product contains high Chinese content and fails to meet the substantial transformation test, it may still be classified as Chinese, regardless of where it was assembled and subjected to punitive tariffs. The US has imposed

Are Chinese firms using 'Made in Korea' labels to bypass Trump tariffs?

Customs officials in South Korea have found that 97 percent of falsely labelled Chinese goods were destined for the United States

China denies trade talks with US, contradicts Trump's tariff war claims

China has reiterated that Beijing is open to dialogue with the United States, however, negotiations must be equal, respectful, and reciprocal

PepsiCo cuts 2025 profit forecast amid trade tensions and cost pressures

PepsiCo now expects fiscal 2025 core earnings per share to decline 3 per cent, compared with its previous forecast of a low-single-digit increase

From tech bans to ending ties, US states have over 240 anti-China measures

State lawmakers across the US have introduced at least 240 anti-China proposals this year, aiming to ensure public funds don't buy Chinese technology or even T-shirts, coffee mugs and key chains for tourists. They're also targeting sister-city relationships between American and Chinese communities. After years celebrating trade ties with China, states don't want police to buy Chinese drones, government agencies to use Chinese apps, software or parts, or public pension systems to invest in Chinese companies. A new Kansas law covers artificial intelligence and medical equipment, while in Arkansas, the targets include sister-city ties and state and local contracts for promotional items. Tennessee now prohibits health insurance coverage for organ transplants performed in China or with organs from China. Either the United States or China is going to lead the world in the next few decades, Arkansas Gov Sarah Huckabee Sanders said after successfully pushing a wide-ranging Communist China

Bessent says China tariffs not sustainable as US willing to de-escalate

Bessent said the tariffs - 145 per cent on Chinese products and 125 per cent on US products - would have to come down before trade talks can proceed

Bessent says IMF, World Bank need reform, sees chance for China deal

Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous investors that the United States would maintain its global leadership role. America first does not mean America alone, he said in a speech to the Institute of International Finance, where he also promised support for the multilateral banks' core missions. "To the contrary, it is a call for deeper collaboration and mutual respect among trade partners. Although Bessent said the IMF and the World Bank are falling short, he did not call for the US to withdraw from the institutions, as some conservatives had advocated in a Project 2025 proposal created by the Heritage Foundation. He said the institutions serve critical roles in the international system. And the Trump administration is eager to work with them so long as they can stay true to their missions. It was the latest example of how Bessent, a former hed

Powered by IT bounce, Sensex reclaims 80K mark for 1st time since Dec 2023

Gain for 7th straight session buoyed by a rally in beaten-down IT stocks

Chinese state funds pull back from US private equity amid trade war

Chinese sovereign wealth funds have invested billions into leading US firms such as Blackstone, Carlyle Group, TPG, Vista Equity Partners, and Thoma Bravo