Page 18 - Us China

China's US envoy urges end to trade war, but warns Beijing ready to fight

Xie said tariffs would devastate the global economy and drew a parallel between the Great Depression

Reluctant to keep raising trade tariffs on China, says Donald Trump

Trump, speaking to reporters in the Oval Office on Thursday, said officials he believed represented the Chinese leader Xi Jinping had sought to start talks

'We're going to make a very good trade deal with China', says Trump

According to a White House fact sheet, China's retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States

Xi Jinping pushes for 'Asian Family' unity amid US trade pressure

In another thinly-veiled swipe at the US, the Chinese leader reiterated his call to fight unilateralism in an article published Thursday in Cambodian media ahead of his arrival in the capital

China confirms ongoing tariff talks with US, calls for fair resolution

China on Thursday said it is in working-level communication with the US on the deadlock over their high-intensity tariff war but asserted that the person who tied the bell should untie it. The Chinese Commerce Ministry spokesperson He Yongqian was reacting to a jibe from US President Donald Trump, who was quoted as saying, The ball is in China's court, and China needs to make a deal with us. In response, the Chinese spokesperson quoted a proverb, saying, The person who tied the bell must be the one who unties it. Analysts here said talks between the two countries will be held at official levels before any dialogue between top leaders. In response to a question, spokesperson He told the media briefing here that the ministry has been always maintaining working-level communication with its US counterparts. While expressing Beijing's willingness for talks He, however said, We urge the US to immediately stop its maximum pressure tactics, coercion, and blackmail, and resolve differences

China stocks face risk of $800 billion US outflows, says Goldman Sachs

Currently around 7 per cent of market capitalisation of Chinese companies' American Depositary Receipts, or ADRs, are held by US institutions

Xi calls for 'Asian family' unity as Trump seeks to confine China

Xi emphasised solidarity in a speech at a state dinner in Malaysia as the Trump administration prepares to seek trade partners' cooperation in encircling Beijing

BluSmart halts ride bookings, US' 245% tariffs on China, SC on Waqf Bill & more

Electric ride-hailing startup BluSmart has abruptly halted new ride bookings in most parts of Delhi-NCR and Bengaluru. While the app remains live on the Play Store, users are unable to schedule rides.

China faces up to a 245% tariff on imports to the US, says White House

US President Trump signs executive order to investigate into the national security risks associated with imported critical minerals

'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