Page 5 - Us China Trade War

China accuses US of 'double standards' over Trump's 100% tariff threat

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

FCC crackdown: US retailers remove millions of banned Chinese electronics

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

Trump hints at cancelling Xi meeting after China limits rare earth exports

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 tightens chip import checks to curb reliance on Nvidia, US tech

China's chip inspections, which were initially limited to Nvidia's modified AI chips, have now expanded to cover all advanced semiconductor products

China hits back at US ships with additional port fees from October 14

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

Beijing seeks assurance from India on no US re-export of heavy rare earths

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 push for broader bans on chipmaking tool sales to China

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

China hawks grow queasy over Trump's push for trade deals with Beijing

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

Closer India-China ties positive for both: ADB Chief Economist Albert Park

Albert Park tells that the 50 per cent US tariffs offer opportunities to India to diversify its export destinations

Trump to meet Xi Jinping in four weeks, vows support for US soybean farmers

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

US soybean farmers face crisis as China halts purchases amid trade tensions

The leafy soybean plants reach Caleb Ragland's thighs and are ripe for harvest, but the Kentucky farmer is deeply worried. He doesn't know where he and others like him will sell their crop because China has stopped buying. Beijing, which traditionally has snapped up at least a quarter of all soybeans grown in the US, is in effect boycotting them in retaliation for the high tariffs President Donald Trump has imposed on Chinese goods and to strengthen its hand in negotiations over a new overall trade deal. It has left American soybean farmers fretting over not only this year's crop but the long-term viability of their businesses, built in part on China's once-insatiable appetite for US beans. This is a five-alarm fire for our industry, said Ragland, who leads the American Soybean Association trade group. The situation might even be enough to test farmers' loyalty to Trump, although he still enjoys strong support throughout rural America. If no deal is reached soon, they hope the ...

China urges its companies to avoid taking domestic price wars to US

Wang said China and the US have reached a series of important consensus results after several rounds of economic and trade consultations

China floods global markets with cheap exports after Trump's tariffs

Countries locked in tariff talks with Trump are hesitant to spark another trade war with China, giving Beijing relief from US levies once expected to slash its annual growth rate

US lawmakers meet China's Li Qiang, call for more military dialogue

A bipartisan group of US lawmakers pushed for more military-to-military dialogue in a meeting Sunday with China's Premier Li Qiang, a rare congressional visit since the US-China relations soured. The last trip by a group of senators was in 2023, and Sunday's delegation was the first from the House of Representatives to visit Beijing since 2019. Li welcomed the delegates led by Rep. Adam Smith and called it an icebreaking trip that will further the ties between the two countries. It is important for our two countries to have more exchanges and cooperation, this is not only good for our two countries but also of great significance to the world, Li said. Smith, a Democrat on the House Armed Services Committee, said both sides were in agreement on the overarching aim of the visit. "Certainly, trade and economy is on the top of the list ... (but also) we're very focused on our military-to-military conversations, he said in opening remarks. As a member of the Armed Services Committee, I

Trump, Xi Jinping discuss TikTok and trade tensions in phone call: Reports

The agreement is at the top of the agenda alongside trade for the leaders' first known call in three months

American soybean farmers face steep losses as China halts purchases

Since President Trump imposed tariffs on Chinese goods in February, Beijing has retaliated by halting all purchases of American soybeans

How China is weathering trade war with Trump amid US economic pressure

Tariffs triggered a plunge in China's exports to the United States, but its global trade surplus is larger because sales to other regions are surging

China starts probes targeting US semiconductor sector ahead of trade talks

The Ministry of Commerce said that it's opened an anti-dumping probe relating to certain American-made analog IC chips, the sort of products sold by Texas Instruments Inc. and Analog Devices Inc

Trump's tariffs seen cutting into China sales of US companies, survey finds

Many US companies operating in China expect their sales to take a hit this year from US President Donald Trump's tariffs and the ones that China has imposed in response, according to an annual survey released Wednesday by the American Chamber of Commerce in Shanghai. Nearly two-thirds of the 254 companies who responded said the new tariffs have reduced expected revenues for their China operations in 2025. About one-third, many in banking and other industries that don't import from or export to the US, don't expect any impact. Trump has imposed an additional 30 per cent tax on imports from China, after raising them at one point to 145 per cent before the two countries agreed in May to scale back a tit-for-tat tariff war. China has responded with a 10 per cent tax on US imports. The tariffs hit companies that export to the US and those that import American parts or ingredients for their production in China, such as chemical companies, Shanghai chamber leaders said. Tariffs have had a

Trump urges EU to impose 100% tariffs on India, China to pressure Russia

If adopted, Trump's proposal would mark a significant shift for the EU, which has so far relied on sanctions rather than tariffs to isolate Russia