Page 16 - Us China Trade War

China confirms ongoing tariff talks with US, calls for fair resolution

China on Thursday said it is in working-level communication with the US on the deadlock over their high-intensity tariff war but asserted that the person who tied the bell should untie it. The Chinese Commerce Ministry spokesperson He Yongqian was reacting to a jibe from US President Donald Trump, who was quoted as saying, The ball is in China's court, and China needs to make a deal with us. In response, the Chinese spokesperson quoted a proverb, saying, The person who tied the bell must be the one who unties it. Analysts here said talks between the two countries will be held at official levels before any dialogue between top leaders. In response to a question, spokesperson He told the media briefing here that the ministry has been always maintaining working-level communication with its US counterparts. While expressing Beijing's willingness for talks He, however said, We urge the US to immediately stop its maximum pressure tactics, coercion, and blackmail, and resolve differences

China stocks face risk of $800 billion US outflows, says Goldman Sachs

Currently around 7 per cent of market capitalisation of Chinese companies' American Depositary Receipts, or ADRs, are held by US institutions

Xi calls for 'Asian family' unity as Trump seeks to confine China

Xi emphasised solidarity in a speech at a state dinner in Malaysia as the Trump administration prepares to seek trade partners' cooperation in encircling Beijing

US-China trade tensions hit global stocks, push gold to record high

Washington issued new export licensing requirements for sales to China of Nvidia's H20 and AMD's MI308 artificial intelligence chips

US imposes sanctions on Chinese refinery accused of buying Iranian oil

The Treasury Department imposed sanctions Wednesday on a Chinese refinery accused of purchasing more than USD 1 billion worth of Iranian oil, saying the proceeds help finance both Tehran's government and Iran's support for militant groups. The sanctioned refinery in China's Shandong province received dozens of shipments of crude oil from Iran worth more than USD 1 billion, the Trump administration said. Some of the petroleum came from a front company for Iran's paramilitary Revolutionary Guard, U.S. authorities said. Officials also announced that several companies and vessels involved in the shipments were added to the sanctions list. The new penalties were imposed by the Office of Foreign Assets Control and follow earlier efforts by the administration to disrupt the flow of Iranian oil, which authorities say is carried by Iran's shadow fleet." The United States has already penalized dozens of individuals and vessels involved in the shipments. Any refinery, company, or broker that

China faces up to a 245% tariff on imports to the US, says White House

US President Trump signs executive order to investigate into the national security risks associated with imported critical minerals

'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