Page 15 - Us China Trade War

'The ball is in China's court': Donald Trump presses Beijing on tariff deal

Amid ongoing tensions with Beijing, the Trump administration is negotiating with multiple countries to explore trade deals aimed at easing the impact of US-imposed reciprocal tariffs

Seven rare earth minerals that China is weaponising in trade war with US

In response to punitive tariffs imposed by Washington, Beijing earlier this month added seven rare earths to its export control list

China's Q1 economic growth beats expectations, but US tariffs pose risk

Data on Wednesday showed China's gross domestic product (GDP) grew 5.4 per cent in the January-March quarter from a year earlier, unchanged from the fourth quarter

Safe-haven gold hits record high amid trade war jitters, weakening dollar

The dollar index fell 0.4 per cent against its rivals, making gold more attractive for other currency holders

China appoints new top trade negotiator amid tariff tensions with US

China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the US. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the US. The world's two largest economies have been steadily increasing tariffs on each other's goods since the US raised tariffs on dozens of countries. China faces 145% taxes on exports to the US, while other countries were given a 90-day reprieve for most duties.

China steps up stock market rescue as record ETF inflows signal support

The surge in inflows underscores the urgency with which Chinese authorities responded as share prices stumbled in response to the evolving trade war

Rising US costs may shift China trade to India; govt forms monitoring cell

If any unusual surge is reported, the commerce ministry can take action such as imposing anti-dumping or safeguard duties

IEA cuts 2025 oil demand forecast amid trade tensions, economic uncertainty

Global oil demand expected to rise by 730,000 b/d in 2025, down from 940,000 b/d last year

China halts deliveries of Boeing jets as trade war with US escalates

In retaliation to US' 145% tariff, China has slapped a 125% per cent levy on US imports - effectively doubling the price of Boeing jets

China won't talk if US doesn't show respect, says former top official

China and the US have spent the past two weeks locked in an escalating trade war, with both sides piling on new tariffs and raising barriers to trade

Vietnam's exporters scramble to fulfil order surge amid 90-day tariff pause

Businesses that had seen demand dry up just weeks ago are now overwhelmed with urgent shipment orders from US buyers

'Rare earth limits are concerning', says White House as China halts exports

The US raises alarm as China halts rare earth exports; key tech, defence industries face risk amid deepening trade war and supply chain uncertainty

US aims to 'take away Hong Kong's life': Chinese official on Trump tariffs

Xia Baolong, Director of China's Hong Kong and Macau Affairs Office under the State Council, said that blackmailing China is not the right approach

Shein, Reliance renegotiate partnership as China-US trade tensions grow

Chinese authorities have stepped in to retain domestic manufacturing as the Trump administration looks to encourage business to shift the US

China's sea cargo flow slows after Trump's reciprocal tariffs take effect

China's ports handled 244 million tonnes of cargo last week, 10 per cent less than a week earlier and down 4 per cent from the same week in 2024, according to Ministry of Transport data

China will ensure stable diplomatic ties with neighbourhood: Xi Jinping

Visiting Vietnam to enhance political and trade ties amid a major tariff row with the US, Chinese President Xi Jinping Monday said that China will ensure continuity and stability in its neighbourhood diplomacy and jointly advance the modernisation of Asia. Xi arrived in Hanoi on his first visit abroad after US President Donald Trump slapped steep tariffs against China while pausing levies on a host of other countries, including Vietnam, Malaysia and Cambodia - the three countries on the Chinese president's current itinerary. In an article published in Vietnam's Nhan Dan newspaper ahead of his visit, Xi said China would deepen friendly cooperation with neighbouring countries by ensuring continuity and stability of its neighbourhood diplomacy. We will stay committed to the principle of amity, sincerity, mutual benefit and inclusiveness," he wrote. "We will continue to pursue the policy of forging friendship and partnership with our neighbours," he added. Xi, who is under pressure aft

China's ports stall as US tariff hike to 145% hits trade, halts factories

Local business owners stated that stacks of shipping containers, which did not make it onto ships bound for the US by the April 9 deadline

Xi Jinping calls for stronger China-Vietnam industrial ties amid trade war

Chinese President Xi Jinping has embarked on his first international trip to meet with leaders in Vietnam, Malaysia, and Cambodia amid US trade war

India's smartphone exports gains 20% tariff edge over China: ICEA

Export of iPhones, smartphones, tablets, laptops from India to the US will be cheaper by 20 per cent compared to those shipped from China following the exemptions given by the Trump administration, industry body ICEA said on Sunday. The US government on Saturday amended its tariff order to exempt smartphones, tablets, laptops, and some other electronic devices from the new taxes. "China still has 20 per cent of iPhones, laptops, tablets, and watches. Only reciprocal tariff has been removed for China. India has zero tariff on iPhones and all smartphones, laptops and tablets exported to the US. Vietnam also has zero tariff on all Samsung and other smartphones, laptops and tablets exported to the US. So India and Vietnam are similarly placed on tariffs on these products and both enjoy a 20 per cent tariff advantage over China," ICEA Chairman Pankaj Mohindroo told PTI. India Cellular and Electronics Association represents major smartphone companies and their manufacturers, including ...

US curbs on Chinese goods open export window for Indian e-sellers: GTRI

The US tightening of low-value e-commerce shipments from China has opened up huge opportunities for Indian online exporters, as they can fill the gap if the red tape is eased and the government provides timely support, think tank GTRI said on Sunday. With over 1 lakh e-commerce sellers and USD 5 billion in current exports, India is well-positioned to fill the gap left by China particularly in customized, small-batch products like handicraft, fashion, and home goods, the Global Trade Research Initiative (GTRI) said. From May 2, Chinese and Hong Kong e-commerce shipments under USD 800 to the US will face a steep 120 per cent import duty, ending their duty-free entry. This move is expected to disrupt Chinese supply chains and open the door for other countries. Chinese firms Shein and Temu are major players in the sector. Over 1,400 million low-value packets entered the US in 2024 from the world, with China alone exporting USD 46 billion worth of such goods. "India is well-positioned t