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Page 13 - Us China Trade War

Trade war with US may kill 16 million jobs in China, warns Goldman Sachs

Retail, manufacturing, and coastal economies brace for impact as US-China trade tensions escalate

Trade war with US may kill 16 million jobs in China, warns Goldman Sachs
Updated On : 29 Apr 2025 | 1:56 PM IST

Walmart tells Chinese suppliers to resume shipments amid US trade war

Since the imposition of a 145% tariff on Chinese imports in the US, American logistics firms have reported a sharp decline in container bookings

Walmart tells Chinese suppliers to resume shipments amid US trade war
Updated On : 29 Apr 2025 | 11:49 AM IST

Retailers warn of empty shelves as US-China trade war disrupts shipments

Many logistics firms are storing goods in warehousing or rerouting through Canada to wait out the tariff war

Retailers warn of empty shelves as US-China trade war disrupts shipments
Updated On : 28 Apr 2025 | 3:28 PM IST

Nations forced to choose sides as US-China economic tensions intensify

One went to the United States. The other went to China. It was a sign of the times. While the Swiss president was in Washington last week to lobby US officials over President Donald Trump's threatened 31% tariff on Swiss goods, the Swiss foreign minister was in Beijing, expressing his nation's willingness to strengthen cooperation with China and upgrade a free trade agreement. As Trump's trade war locks the world's two largest economies on a collision course, America's unnerved allies and partners are cosying up with China to hedge their bets. It comes as Trump's trade push upends a decade of American foreign policy including his own from his first term toward rallying the rest of the world to join the United States against China. And it threatens to hand Beijing more leverage in any eventual dialogue with the US administration. With Trump saying that countries are kissing my ass to negotiate trade deals on his terms or risk stiff import taxes, Beijing is reaching out to countries

Nations forced to choose sides as US-China economic tensions intensify
Updated On : 28 Apr 2025 | 10:26 AM IST

China's trade, economy tsar steps into spotlight amid Trump tariffs

China has repeatedly denied that tariff-related negotiations were ongoing, though on Friday it exempted some US goods from its retaliatory tariffs

China's trade, economy tsar steps into spotlight amid Trump tariffs
Updated On : 28 Apr 2025 | 8:10 AM IST

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

Chinese firms race to open US factories as Trump's tariff war hits home
Updated On : 27 Apr 2025 | 10:10 AM IST

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

China's Q1 industrial profits return to growth amid US tariff woes
Updated On : 27 Apr 2025 | 7:53 AM IST

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

Trump says Xi Jinping called to negotiate tariff deal; China rejects claim
Updated On : 25 Apr 2025 | 10:51 PM IST

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

Cheap e-shopping just ended in US as Trump plugs de minimis tariff loophole
Updated On : 25 Apr 2025 | 5:07 PM IST

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

Trade war narrows down to US-China, Chinese trade deflection a real worry
Updated On : 25 Apr 2025 | 3:53 PM IST

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

Politburo to shed light on Xi Jinping's strategy for trade war stimulus
Updated On : 25 Apr 2025 | 11:38 AM IST

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 boosts cash injection to shield economy from US tariff impact
Updated On : 25 Apr 2025 | 11:28 AM IST

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

China considers rolling back 125% tariff on key US imports amid trade war
Updated On : 25 Apr 2025 | 10:41 AM IST

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

Indian Rupee opens stronger at 85.19/$ on FII inflows, US-China trade talks
Updated On : 25 Apr 2025 | 9:47 AM IST

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

Global container shipping volume to fall 1% on Trump trade policies: Drewry
Updated On : 25 Apr 2025 | 6:52 AM IST

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

Boeing to resell jets blocked by China as trade tariffs delay deliveries
Updated On : 24 Apr 2025 | 10:38 PM IST

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

Indian firms should avoid re-routing of goods from China to US: GTRI
Updated On : 24 Apr 2025 | 8:05 PM IST

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

Are Chinese firms using 'Made in Korea' labels to bypass Trump tariffs?
Updated On : 24 Apr 2025 | 5:14 PM IST

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

China denies trade talks with US, contradicts Trump's tariff war claims
Updated On : 24 Apr 2025 | 5:04 PM IST

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

PepsiCo cuts 2025 profit forecast amid trade tensions and cost pressures
Updated On : 24 Apr 2025 | 4:30 PM IST