Approvals are taking longer, although generally still within the commerce ministry's 45 business day deadline, but the scrutiny is now similar to April, at the height of the trade war
Cosco Shipping could face $1.5-2.1 billion in US port fees in 2026, OOIL up to $654 million, while non-Chinese carriers see limited impact due to use of non-China-built ships
China accounts for 90% of all rare earth elements processing, a figure that rises to 99% for heavy rare earth processing
Early this year, Trump's administration announced plans to levy the fees on China-linked ships to loosen that country's grip on the global maritime industry and bolster US shipbuilding
China rejects recent US sanctions, calls high tariffs counterproductive, and urges Washington to resolve differences through dialogue based on equality, respect, and mutual benefit
The US is ramping up efforts to secure key minerals, aiming to reduce its reliance on China for materials critical to defence systems, technology and manufacturing
The strength of demand from markets other than the US means that Chinese firms should be less affected by the further increase in tariffs threatened by President Donald Trump
US president's move follows China's warning of sweeping export controls from November 1, reigniting fears of global trade disruption ahead of possible Xi-Trump talks at APEC
Amid US-China trade tensions and economic vulnerabilities, India must seize the "China +1" opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth
Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said. Moreover, global market trends and geopolitical developments would also drive investors' sentiments. "Markets direction this week will hinge on a mix of domestic cues, global macroeconomic trends, and corporate earnings. The renewed escalation of the USChina tariff war, which sparked a sharp sell-off on Wall-Street on Friday, is expected to dampen global risk sentiment. This resurgence in trade tensions could spur dollar outflows, adding further pressure on emerging market equities and currencies," Ponmudi R, CEO Enrich Money, an online trading and wealth tech firm, said. US markets ended sharply lower on Friday. The Nasdaq Composite tanked 3.56 per cent, while S&P 500 tumbled 2.71 per cent and Dow Jones Industrial ..
Beijing called Trump's new tariff plan 'a typical example of double standards', warning of countermeasures as fresh restrictions on rare earth exports deepen trade tensions before the Xi-Trump summit
Major US online stores have removed millions of Chinese electronics banned by the FCC, including cameras and smart watches, as part of national security measures
US President Donald Trump said Friday that there seems to be no reason to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested that he was looking at a massive increase of import taxes on Chinese products in response to Xi's moves. One of the Policies that we are calculating at this moment is a massive increase of Tariffs on Chinese products coming into the United States of America, Trump posted on his Truth Social platform. There are many other countermeasures that are, likewise, under serious consideration. The United States and China have been jockeying for advantage in trade talks, after the import taxes announced earlier this year triggered a trade war between the world's two largest economies. Both nations agreed to ratchet down tariffs after negotiations in Switzerland and the United Kingdom, yet tensions remain as China has sought to restr
China's chip inspections, which were initially limited to Nvidia's modified AI chips, have now expanded to cover all advanced semiconductor products
For US vessels berthing at Chinese ports from October 14, the rate shall be 400 yuan ($56.13) per net tonne, the Chinese transport ministry said
China has reportedly asked India to give a written assurance that heavy rare earth magnets imported from its firms will not be re-exported to the US and will be used only for domestic needs
US lawmakers urge broader bans on chipmaking equipment to China after a report found $38 billion of gear bought legally last year, up 66% from 2022, highlighting export rule gaps
As Trump pursues a trade pact with the US's biggest economic and strategic rival, advocates of a tougher China policy fear they're being sidelined inside the administration
Albert Park tells that the 50 per cent US tariffs offer opportunities to India to diversify its export destinations
Trump says US soybean farmers are being hurt as China isn't buying for "negotiating" reasons and vows to use tariff revenue to support them