Page 23 - Us China Trade War

Donald Trump 2.0 presidency: What it means for stocks, H1-B visa, bitcoin

Here's how leading brokerages have interpreted Donald Trump's latest statements, and what his presidency could mean for trade tariffs, markets, crypto, H1-B immigration visa and other asset classes

TikTok restores services in US, thanks president-elect Donald Trump

TikTok stopped working for U.S. users late on Saturday before a law shutting it down on national security grounds took effect on Sunday

China faces Trump's return just as its reliance on exports increases

China's record trade surplus of nearly $1 trillion last year was equivalent to more than 5 per cent of its gross domestic product, the highest level since 2015

Bessent criticises China's economic practices, proposes sanctions on Iran

During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a 'severe recession'

China's ministry launches probe into US chip subsidies, alleged dumping

The Commerce Ministry didn't name any company, but several US firms including Texas Instruments Inc. and Analog Devices Inc. rank among the leaders in lower-end products such as power and analog chip

US bans imports from 37 Chinese firms over forced labour practices

The firms include mining giant Zijin Mining Group, and solar companies such as a subsidiary of JA Solar Technology Co., according to a statement from the Department of Homeland Security

US importers rush in goods from China as Trump's tariff threat looms

Trump, who has threatened to slap tariffs of 10 per cent to 60 per cent on goods from China, takes office on January 20

US bans imports from 37 Chinese companies for human rights abuses in Uyghur

The US has banned Huafu Fashion Co, a leading global textile manufacturer, and 25 of its subsidiaries, alleging their involvement in forced labour practices within China's cotton industry

Biden administration imposes new China curbs with AI order, smart car ban

The executive order on data centers would "accelerate the speed at which we build the next generation of AI infrastructure here in America, in a way that enhances economic competitiveness

Users flock to Chinese apps like Xiaohongshu amid TikTok ban risk

Familiar to Chinese who use the service not just as a repository for travel and pet videos but also a live online marketplace, its rise in the US took many in the industry by surprise

Oil prices rise 2% to 4-month high on impact of Russian sanctions

Analysts and energy traders said the sanctions will push China and India to source more crude from the Middle East, Africa and the Americas, boosting prices and shipping costs

Here's why developing nations are leading trade investigation against China

China faced record 160 trade investigations in 2024, with developing nations leading the pushback over overcapacity concerns; India, EU, and Brazil top the list of initiators

Decoded: Why Trump wants Panama Canal back and what it means for the world

Donald Trump criticised Panama Canal fees as a 'rip-off' and raised alarms about China's influence near the canal, sparking a renewed debate over its trade role and sovereignty

Biden to launch probe into Chinese semiconductors over security risks

The investigation examining so-called foundational chips could take months to conclude, meaning that any reaction to the findings will be left to the discretion of President-elect Donald Trump's team

Mexico, Canada, Asean gained more from US-China trade war than India: GTRI

Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. It said that India has to strengthen its local supply chains and produce critical intermediates to reduce reliance on China, while improving cost efficiency and ease of doing business to enhance competitiveness of domestic industries and increase exports to the US. With Donald Trump again becoming the US President, the evolving trade landscape offers huge opportunities for the Indian industry as he is now planning new tariffs targeting Mexico, Canada, China, and others. The US-China trade war, initiated in 2018 under President Trump with tariffs targeting key sectors, has significantly reshaped global trade flows but failed to achieve its primary goals. "Key beneficiaries of the trade war included Mexico, Canada, and ASEAN nations, which collectively accounted for 57 per cent of the growth in US imports. India also emerged as a

Yellen says US will 'react strongly' to any currency manipulation

Asked about the potential for the Trump administration to try to weaken the dollar's value through a new version of the 1985 Plaza Accord, Yellen said that the Biden administration believes it's best

Xi readies bargaining chips for US trade war after Biden announces curbs

If Trump were to impose tariffs again, China could once more respond in kind, hitting US exports of machinery or agricultural exports of soybeans, corn, pork again

China targets Nvidia with antitrust probe, escalating US chip tensions

The investigation comes after the US last week launched its third crackdown in three years on China's semiconductor industry

Donald Trump's plan to impose 10% tariff on China has $64 bn import hole

It might be difficult to achieve it fully because tens of billions of dollars worth of goods will probably escape those import taxes due to loopholes and undercounting

China to impose sanctions on US military firms for selling arms to Taiwan

The step follows China's strong objection to the United States authorising a potential $385-million sale of spare parts and support for F-16 jets and radars to Taiwan