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'The ball is in China's court': Donald Trump presses Beijing on tariff deal

Amid ongoing tensions with Beijing, the Trump administration is negotiating with multiple countries to explore trade deals aimed at easing the impact of US-imposed reciprocal tariffs

Seven rare earth minerals that China is weaponising in trade war with US

In response to punitive tariffs imposed by Washington, Beijing earlier this month added seven rare earths to its export control list

China's Q1 economic growth beats expectations, but US tariffs pose risk

Data on Wednesday showed China's gross domestic product (GDP) grew 5.4 per cent in the January-March quarter from a year earlier, unchanged from the fourth quarter

China appoints new top trade negotiator amid tariff tensions with US

China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the US. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the US. The world's two largest economies have been steadily increasing tariffs on each other's goods since the US raised tariffs on dozens of countries. China faces 145% taxes on exports to the US, while other countries were given a 90-day reprieve for most duties.

China halts deliveries of Boeing jets as trade war with US escalates

In retaliation to US' 145% tariff, China has slapped a 125% per cent levy on US imports - effectively doubling the price of Boeing jets

China blames US NSA for cyberattacks during Asian Games, names agents

China names three individuals and two US universities in cyberattack claims during the Asian Winter Games, escalating cybersecurity tensions with Washington

China will ensure stable diplomatic ties with neighbourhood: Xi Jinping

Visiting Vietnam to enhance political and trade ties amid a major tariff row with the US, Chinese President Xi Jinping Monday said that China will ensure continuity and stability in its neighbourhood diplomacy and jointly advance the modernisation of Asia. Xi arrived in Hanoi on his first visit abroad after US President Donald Trump slapped steep tariffs against China while pausing levies on a host of other countries, including Vietnam, Malaysia and Cambodia - the three countries on the Chinese president's current itinerary. In an article published in Vietnam's Nhan Dan newspaper ahead of his visit, Xi said China would deepen friendly cooperation with neighbouring countries by ensuring continuity and stability of its neighbourhood diplomacy. We will stay committed to the principle of amity, sincerity, mutual benefit and inclusiveness," he wrote. "We will continue to pursue the policy of forging friendship and partnership with our neighbours," he added. Xi, who is under pressure aft

Trump tariffs to impact millions of Chinese workers in a blow to economy

Trump's 145% tariffs on China's goods are threatening to obliterate its access to the world's biggest economy, with Goldman Sachs estimating that up to 20 mn people may be exposed to US-bound exports

China's exports jump 12.4%, imports fall as Trump pushes US tariffs higher

US President Donald Trump has ratcheted up tariffs on Chinese goods to hefty levels that many economists say will profoundly impact global trade flows and business investment

Will China weaponise $760 bn treasury holdings amid tariff tensions with US

Beijing doesn't even need to sell that many US bonds to perpetuate a bear narrative

US curbs on Chinese goods open export window for Indian e-sellers: GTRI

The US tightening of low-value e-commerce shipments from China has opened up huge opportunities for Indian online exporters, as they can fill the gap if the red tape is eased and the government provides timely support, think tank GTRI said on Sunday. With over 1 lakh e-commerce sellers and USD 5 billion in current exports, India is well-positioned to fill the gap left by China particularly in customized, small-batch products like handicraft, fashion, and home goods, the Global Trade Research Initiative (GTRI) said. From May 2, Chinese and Hong Kong e-commerce shipments under USD 800 to the US will face a steep 120 per cent import duty, ending their duty-free entry. This move is expected to disrupt Chinese supply chains and open the door for other countries. Chinese firms Shein and Temu are major players in the sector. Over 1,400 million low-value packets entered the US in 2024 from the world, with China alone exporting USD 46 billion worth of such goods. "India is well-positioned t

Tariff war puts China-US trade in peril, businesses weigh next steps

When the first two rounds of 10% tariffs hit, Zou Guoqing, a Chinese exporter, groaned but didn't find the barriers insurmountable. He gave up some of his profits and offered his client, a snow-bike factory in Nebraska, price cuts ranging from 5% to 10%. It seemed to work: The factory agreed to a new order of molds and parts. But when President Donald Trump announced an additional 34% universal tariff on Chinese goods on April 2, Zou, who's been exporting to the U.S. for more than a decade, was incredulous. There's not a thread of feasibility," said Zou, who does business in the eastern Chinese city of Ningbo. It looks like I would have no choice but give up trading with the US. Then came 50% more from Trump, followed by another hike pushing the universal tariff on Chinese goods to the sky-high 145%, and Zou said he now could only hope that the two leaders can communicate. We are pausing the shipments," he said, until the leaders talk. The 145% tariff from the United States and th

Trump's tariffs against China major test for Xi's leadership: Ex-US envoy

The US' high tariffs on China will be a major test for President Xi Jinping's leadership amid the economic slowdown while the Trump administration's levies on Beijing could be far more effective if the US takes allies along, former US ambassador to China Nicholas Burns has said. US President Donald Trump slapped 145 per cent tariffs against Chinese exports and China retaliated with 125 per cent levies on its imports from America. China is the only country to have retaliated with tit-for-tat levies. Midway through his tariff campaign against a number of countries, Trump paused the additional duties on other nations for 90 days while imposing more punitive levies on China leaving Beijing to wage a lonely battle to defend its interests. "The tariff war with the US will be a major test for Xi Jinping simply because the Chinese economy has not performed well in the last few years. Their GDP growth rate is slowing down," Burns told BBC on Friday. They still have a major hangover from th

India to be carefully watching developments in US-China trade war

According to the foreign policy expert, due to this trade war, there would emerge both opportunities and challenges for India

US- China trade tensions open new window for India | Trump tariffs | Trade war

US President Donald Trump has slapped a fresh round of steep tariffs on Chinese goods on 10th April, bringing the total additional duties on certain items to 145%.

Wall Street dips on tariff worries as big banks kick off earnings season

US consumer sentiment also deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions

'Nothing is just trade, it's personal', says EAM Jaishankar on trade war

External Affairs Minister S Jaishankar said the world is heading towards a period of sharp competition and contestation, where the planning is going to be much harder for different countries

'Not bad': Trump praises billionaire gains after tariff pause sparks rally

Billionaires earned $304 billion in a day after Trump paused tariffs; Musk up $36 billion. Critics allege market manipulation over his bullish post before the surprise move

Tesla halts Model S, Model X orders in China as sales drop and tariffs bite

Tesla has removed the 'order now' option for Model S and Model X in China as it battles falling sales, rising local competition, and deepening US-China trade tensions

Xi heads to Southeast Asia to rally support amid Trump's tariff offensive

As Trump intensifies tariffs on Chinese goods, Xi Jinping will visit Vietnam, Malaysia and Cambodia next week to strengthen regional alliances and counter US pressure