Page 2 - Us China Trade War

US warned on Chinese loans but is top recipient, risking tech and security

For years, Washington has been warning others not to trust loans from Chinese state banks fuelling its rise as a superpower. But a new report reveals an ironic twist: The United States is the biggest recipient of all by far. And the security and technology implications have yet to be fully understood. China's state lenders have funnelled $200 billion into US businesses for a quarter of a century, but many of the loans have been kept secret because the money was first routed through shell companies in the Cayman Islands, Bermuda, Delaware and elsewhere that helped obscure their origins, according to AidData, a research lab at the College of William & Mary in Virginia. More alarming, much of the lending was to help Chinese companies buy stakes in US businesses, many tied to critical technology and national security, including a robotics maker, a semiconductor company and a biotech firm. The report found a far more widespread and sophisticated lending network than previously thought

China to control chemical subsidiaries, lists 13 Fentanyl precursors: FBI

The announcement comes on the heels of the meeting between US President Donald Trump and Chinese President Xi Jinping

Firms seek manufacturing alternatives in Vietnam, India amid US-China rift

A trade truce between the United States and China has calmed nerves, but it won't stop the broader movement of companies to countries like Vietnam

China announces curbs on chemicals after Trump deal on fentanyl tariffs

China said Monday it is making good on its pledge to crack down on chemicals that can be used to make fentanyl, a key issue for President Donald Trump during recent talks with Chinese leader Xi Jinping as they aimed to take steps to ease a trade war. Beijing announced new export restrictions on 13 drug-making chemicals to the United States, Canada and Mexico, including those that are used to produce the synthetic opioid blamed for tens of thousands of overdose deaths in the U.S. every year. After meeting Xi in South Korea last month, Trump said China would help end the fentanyl crisis and he would ease a related tariff from 20 per cent to 10 per cent. It shows the back-and-forth nature of U.S.-Chinese cooperation on fentanyl over the years and lessens the recent tensions after Trump launched his campaign of tariffs, including those against the country that is the top exporter of pharmaceutical ingredients, such as the chemicals used to make fentanyl. What the Trump administration ha

US, China suspend mutual shipping probes as trade talks ease tensions

The suspensions remove some costs and uncertainty for an industry that had been facing fees to deliver goods to the US

China doubles down on innovation, self-reliance to counter US rivalry

China is using American pressure as a catalyst to accelerate domestic innovation, by pumping money into its local firms

China lifts gallium, germanium export curbs to US amid trade thaw

Beijing's move to lift export restrictions on key semiconductor minerals until 2026 signals a thaw in US-China trade tensions after the leaders' meeting in Busan

Nvidia has no plans to ship AI chips to China amid standoff: Jensen Huang

The 62-year-old founder has repeatedly said he'd like to do more business in China, but political tensions between the American and Chinese governments have derailed those ambitions

US steps up investment in rare-earth firms to curb reliance on China

The announcements are the latest in a string of actions taken by the federal government to invest directly in the supply chain of permanent magnet production, an industry dominated by China

Alibaba's AI model leads global crypto trading test, outperforms GPT-5

Alibaba's Qwen3-Max AI model earned top spot in a real-market crypto trading test, while DeepSeek AI came second with nearly 5 per cent gains

China started reducing reliance on the West years before Trump tariffs

Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing's "bulwark" against conflicts

Trump plays nice with Asian allies stung by tariffs, repeated threats

The US president also sought to mend ties with Southeast Asian nations that have leaned closer toward Beijing as Trump took aim at their economic growth engines

China to suspend some rare earth curbs, probes on US chip companies

The White House issued a fact sheet on Saturday outlining some details of the trade pact agreed to earlier this week by President Donald Trump and Chinese leader Xi Jinping

Apec leaders open summit after Trump-Xi move to ease trade tensions

Leaders of 21 Asian and Pacific Rim nations opened their annual summit Friday to discuss how to promote economic cooperation and tackle shared challenges, a day after President Donald Trump and Chinese President Xi Jinping agreed to take steps to ease their escalating trade war. This year's two-day Asia-Pacific Economic Cooperation summit in the South Korean city of Gyeongju has been heavily overshadowed by Thursday's Trump-Xi meeting. Trump described the meeting as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans. Their deals were a relief to the world economy, as experts previously warned that a failure to dial down trade tensions between the world's two largest economies were certain to deepen global economic uncertainties. Established in 1989 during a period of increased globalisation, APEC represents more than half of global trade. The forum champions free and open t

China's rare earth export delay gives US chance to control market dominance

China's promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement President Donald Trump secured creates an opportunity for the US and its allies to bolster their own production and processing capabilities. But it will be hard to undercut China's stranglehold on the market. The restrictions China imposed on rare earths this year have been a key issue in the trade talks between Beijing and Washington. Trump responded angrily to China's latest rules with a threat to impose an additional 100% tariff on all Chinese imports, but he has since dropped that demand as part of this agreement. This week's deal will delay the regulations that would have required foreign companies to get special approval to export items that contain even small traces of rare earths elements sourced from China even if those products were made elsewhere by foreign companies, but it doesn't eliminate restrictions ..

US halving China fentanyl tariff may prompt Apple to rethink India plans

US tariff cut on Chinese goods renders India's higher production costs unsustainable, threatening the recent surge in iPhone exports

China gains edge in trade war without fighting ahead of Trump-Xi talks

US is expected to take Trump's threat of 100 per cent tariffs on Chinese goods off the table while China is expected to delay export controls on critical minerals, and revive soyabean purchase

China buys first US soybean cargoes of season ahead of trade deal talks

The shipments are booked for loading and possible delivery later this year, according to people familiar with the matter. They asked not to be named as they are not authorized to speak to media

TikTok US ownership deal may be sealed in South Korea, says White House

The Trump administration has been signalling that it may have finally reached a deal with China to keep TikTok running in the US, with the two countries finalising it as soon as Thursday. President Donald Trump is visiting South Korea, where he will meet with Chinese President Xi Jinping to try to de-escalate a trade war. Treasury Secretary Scott Bessent told CBS's Face the Nation Sunday that the two leaders will consummate that transaction on Thursday in Korea. If it happens, the deal would mark the end of months of uncertainty about the fate of the popular video-sharing platform in the United States. After wide bipartisan majorities in Congress passed and President Joe Biden signed a law that would ban TikTok in the US if it did not find a new owner in the place of China's ByteDance, the platform was set to go dark on the law's January deadline. For a several hours, it did. But on his first day in office, Trump signed an executive order to keep it running while his administrat

Trump calls PM Modi a 'nicest looking guy, tough as hell' amid trade talks

Donald Trump said the US is doing a trade deal with India and that the two countries have a 'great relationship'