US, China roll out tit-for-tat port fees, threatening more turmoil at sea
- 15-Oct-2025
The US and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world’s two largest economies, the US and China. A return to an all-out trade war appeared imminent last […]
US, China hold new talks on tariff truce, easing path for Trump-Xi meeting
- 29-Jul-2025
Top U.S. and Chinese economic officials met in Stockholm on Monday for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world’s top two economies, seeking to extend a truce by three months. U.S. Treasury Chief Scott Bessent was part of a U.S. negotiating team […]
US, China reach deal to ease export curbs, keep tariff truce alive
- 11-Jun-2025
U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China’s export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences. At the end of two days of intense negotiations in London, U.S. Commerce Secretary […]
US, China seek to extend trade truce with London talks
- 09-Jun-2025
LONDON: The United States and China are to sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are leading the US delegation, President Donald Trump announced on Friday. Chinese […]
US, China reach deal to temporarily slash tariffs, easing slump fears
- 12-May-2025
The United States (US) and China reached a better-than-expected deal to temporarily slash tariffs, sending stocks and the U.S. dollar sharply higher, as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession. The U.S. will cut extra tariffs it imposed on Chinese imports in April this year to […]
US and Chinese officials to resume talks to ease trade war on Sunday
- 11-May-2025
Top U.S. and Chinese officials wrapped up the first day of talks in Switzerland on Saturday aimed at defusing a trade war that threatens to hammer the global economy and planned to resume negotiations on Sunday, a source close to the discussions said. Chinese Vice Premier He Lifeng met for about eight hours with U.S. Treasury Secretary […]
Australia’s reelected government says US-China tussle a top priority
- 04-May-2025
Australia’s government will prioritise dealing with the “dark shadow” of the U.S.-China trade war following its resounding reelection victory, Treasurer Jim Chalmers said on Sunday, after a campaign that highlighted concerns over U.S. trade policy and the global economy. Labor Party leader Anthony Albanese, Australia’s first prime minister to win a second consecutive term in […]
Analysts warn US could be handing chip market to China
- 20-Apr-2025
SAN FRANCISCO, United States: As the Trump administration attempts to choke off exports of strategically important computer chips to China, experts say the effort might well backfire, fueling innovation at Chinese firms that could help them seize the world semiconductor market. “What’s actually happening is that the US government right now is handing China a […]
China launches limited tariffs after Trump imposes sweeping new levies
- 04-Feb-2025
WASHINGTON/BEIJING: China imposed targeted tariffs on U.S. imports on Tuesday and put several companies, including Google, on notice for possible sanctions, in a measured response to the sweeping duties on Chinese imports imposed by President Donald Trump. Beijing’s limited reply to Trump’s imposition of a 10% tariff on all Chinese imports underscored the attempt by […]
U.S. and China hold first informal nuclear talks in five years
- 21-Jun-2024
The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing’s representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The Chinese representatives offered reassurances after their U.S. interlocutors raised concerns that China […]