Page 10 - Us China

Trump yet to decide on tariffs over China's Russian oil purchase: Vance

US President Donald Trump has not yet decided on imposing levies on China for purchasing oil from Russia, as Washington's ties with Beijing affect many things that have nothing to do with the Russian situation", Vice President J D Vance has said. Well, the President said he's thinking about it, but he hasn't made any firm decisions," Vance told Fox News Sunday. He was responding to a question about Trump imposing significant tariffs on countries like India for buying Russian oil and whether Washington will impose similar levies on China since Beijing also buys Russian oil. "Obviously the China issue is a little bit more complicated because our relationship with China, it affects a lot of other things that have nothing to do with the Russian situation," Vance said. He added that Trump is "reviewing his options, and of course, going to make that decision when he decides. The US had initially imposed 25 per cent reciprocal tariffs on India and Trump last week slapped another 25 per c

India hit with 50% tariffs: How countries are reacting to Trump's trade war

India slammed Trump's 50% tariff as unjustified; Canada, Brazil, and China also face new US trade actions, prompting strong backlash, WTO threats, and fresh retaliation

Don't burn ties with India, says Nikki Haley; slams China tariff pause

Former UN envoy and presidential primary contestant says US should not penalise ally India while giving China, the top buyer of Russian oil, a 90-day tariff break despite deeper ties with Moscow

China pushes back at US demands to stop buying Russian, Iranian oil

US and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the US demand that China stop purchasing oil from Iran and Russia. "China will always ensure its energy supply in ways that serve our national interests," China's Foreign Ministry posted on X on Wednesday, following two days of trade negotiations in Stockholm, responding to the US threat of a 100 per cent tariff. "Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. The response is notable at a time when both Beijing and Washington are signalling optimism and goodwill about reaching a deal to keep commercial ties between the world's two largest economies stable -- after climbing down from sky-high tariffs and harsh trade restrictions. It underscores China's confidence in playing hardball when dealing with the Trump ...

China's rare earth curbs hit US defence supply chains, raise costs

US military suppliers report delays and soaring costs as China tightens rare earth exports, exposing critical vulnerabilities in defence supply chains

China summons Nvidia over H20 chip security after US trade deal talks

The Cyberspace Administration of China called company representatives into a meeting to discuss what it deemed serious security vulnerabilities with the artificial intelligence chip

China summons Nvidia over its AI chip H20's 'back-door security risks'

China's cyberspace regulator has asked Nvidia to explain security risks linked to its H20 AI chip, including location tracking and remote shutdown features

China's small workshops are hurting. Trump's tariffs are only one reason

The US-Chinese cease-fire left exporters with crippling tariffs, worsening a slowdown for light-industry factories caused by China's shift to advanced manufacturing

Chinese researchers suggest lasers to counter Musk's Starlink satellites

Stealth submarines fitted with space-shooting lasers, supply-chain sabotage and custom-built attack satellites armed with ion thrusters. Those are just some of the strategies Chinese scientists have been developing to counter what Beijing sees as a potent threat: Elon Musk's armada of Starlink communications satellites. Chinese government and military scientists, concerned about Starlink's potential use by adversaries in a military confrontation and for spying, have published dozens of papers in public journals that explore ways to hunt and destroy Musk's satellites, an Associated Press review found. Chinese researchers believe that Starlink a vast constellation of low-orbit satellites that deliver cheap, fast and ubiquitous connectivity even in remote areas poses a high risk to the Chinese government and its strategic interests. That fear has mostly been driven by the company's close ties to the US intelligence and defence establishment, as well as its growing global footprint.

Trump ends $800 duty-free rule, targeting China's e-commerce industry

US President Donald Trump ends the $800 duty-free exemption on imports from August 29, targeting Chinese e-commerce like Shein and Temu

China launches global AI body to rival US in $4.8 trillion tech race

No nameplate for the US was seen by Bloomberg News. The US Embassy in Beijing declined to comment on any official presence

China, US extend tariff pause after Stockholm trade dialogue concludes

Talks in Stockholm lead to agreement on maintaining existing tariffs; discussions also covered market access, fentanyl, tech exports, and possible Trump-Xi summit

Top Chinese, US officials huddle in Sweden for 2nd day of tariff talks

Chinese and US trade officials arrived for a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world's two largest economies. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng made no public comments to reporters after the first day of talks that lasted nearly five hours behind closed doors at the Swedish prime minister's office Monday. Before the talks resumed Tuesday, Swedish Prime Minister Ulf Kristersson met with Bessent and US trade representative Jamieson Greer over breakfast. The United States has struck deals over tariffs with some of its key trading partners including Britain, Japan and the European Union since President Donald Trump announced Liberation Day tariffs against dozens of countries in April. China remains perhaps the biggest unresolved case. The Chinese have been very pragmatic," Greer said in comments posted on social media by his office la

Tech curbs? Not today: Trump courts China with chip diplomacy

Donald Trump paused planned curbs on Nvidia's H20 chip exports to China, prioritising trade ties and a Xi Jinping summit despite warnings from security experts and ex-officials

Chinese smartphone prices drop 45% in US as export volumes crash in June

Chinese smartphone exports to the US plunged 71% in June, despite a 45% drop in average prices amid tariff tensions

Trump warns US firms against setting up units in China, hiring from India

Donald Trump slams US tech giants for outsourcing to China, India; says AI orders mark end of 'radical globalism' and vows to bring tech jobs back to US workers

China leads the AI race as US struggles on energy, warns AI firm Anthropic

Anthropic, a Silicon Valley artificial intelligence startup, has urged Washington to cut down 'red tape' surrounding the power infrastructure development to stay competitive with China

China trip 'not too distant', says Trump amid easing trade tensions

President Donald Trump on Tuesday said a trip to China might be not too distant, raising prospects that the leaders of the world's two largest economies may meet soon to help reset relations after moving to climb down from a trade war. Trump made the remarks while hosting Philippine President Ferdinand Marcos Jr. at the White House, where he praised the fantastic military relationship with Manila as the U.S. looks to counter China's influence in the Indo-Pacific region. Yet, Trump still said the U.S. is getting along with China very well. We have a very good relationship." He added that Beijing has resumed shipping to the U.S. record numbers of much-needed rare earth magnets, which are used in iPhones and other high-tech products like electric vehicles. Widely speculated about since Trump returned to the White House, a summit between Trump and Chinese President Xi Jinping would be expected to stabilize even for a short while a difficult relationship defined by mistrust and ...

Why has China barred Wells Fargo banker from leaving the country?

The Chinese foreign ministry did not specify what charges under which Wells Fargo MD Mao Chenyue has been restricted from leaving the country

China spy agency accuses foreign agents of smuggling rare earth materials

China leveraged its dominance in producing these metals and rare earth magnets in trade war with the US, which relies on Chinese supply to make a wide range of products including electric vehicles