Tag - trade-war

 
 

TRADE WAR

Chinese Vice Premier He Lifeng. He, 69, is a Politburo member and Beijing’s point person for U.S.-China economic and trade affairs.
ASIA PACIFIC / Politics
Nov 14, 2024
Xi’s key players to lead China in another Trump trade fight
Donald Trump’s return to power makes Beijing’s potential negotiators some of the most important people in Xi Jinping’s government.
Chinese Finance Minister Lan Foan attends a news conference about a bill on raising ceilings on local government debt, at the Great Hall of the People in Beijing, on Friday.
BUSINESS / Economy
Nov 9, 2024
China unveils $1.4 trillion debt swap, saving stimulus for Trump
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus.
U.S. President Donald Trump and Xi Jinping, China's president, shake hands during a news conference at the Great Hall of the People in Beijing on Nov. 9, 2017.
ASIA PACIFIC / Politics
Nov 7, 2024
Xi is better prepared for Trump even as 60% tariffs risk chaos
Xi would much prefer to avoid a tariff battle that risks proving much more devastating than the first round.
Trump has threatened blanket 60% tariffs on China, forcing some companies to consider shifting their supply chains to Southeast Asia.
BUSINESS
Oct 23, 2024
China's exporters run for cover as U.S. election nears
A Trump trade war 2.0 would be a moment of reckoning for many Chinese exporters, whose profits are dwindling under heavy deflationary pressure.
Then-U.S. President Donald Trump prepares to sign a memorandum on intellectual property tariffs on high-tech Chinese goods at the White House in March 2018.
COMMENTARY
Sep 30, 2024
Trumpism, Stalinism and the tariff debate
Trump loyalists — which these days means almost the entire Republican Party — insist as a group that foreigners, not American consumers, pay taxes on imports.
Employees work on an electric car production line near Ningbo, China, in April 2021. In new measures announced Friday, the Biden administration is moving to block off a popular tariff-free path for Chinese apparel coming into the United States, and added stiff levies on electric vehicles, solar panels and other products.
BUSINESS / Economy
Sep 14, 2024
U.S. locks in steep China tariff hikes, as some industries warn of disruptions
The tariffs include a 100% duty on Chinese EVs, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals.
A Taiwan Semiconductor Manufacturing Co. facility under construction in Phoenix, Arizona, in 2022. Washington aims to strengthen domestic chip manufacturing as it engages in a trade war with China.
COMMENTARY / World / Geoeconomic Briefing
Jun 9, 2024
Does economic security undermine the benefits of interdependence?
While economic security concerns are not new in the U.S., coercive methods are. These risk undermining the rules-based international order and its global appeal.
Shipping containers at Pier J at the Port of Long Beach wait for processing in Long Beach, California.
BUSINESS / Economy
May 25, 2024
USTR extends some Chinese tariff exclusions, but many to fall away
Friday's action means certain goods will maintain exclusions from import tariffs.
The captain of a port pilot boat approaches a container ship outside the Port of Los Angeles in Los Angeles.
WORLD / Politics
May 24, 2024
A new trade war offers no easy way back for old global order
Then-U.S. President Donald Trump fired the first shots with tariffs on China seven years ago, then President Joe Biden ushered the U.S. into the new industrial policy age.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
BUSINESS / Economy / ANALYSIS
May 15, 2024
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. president is seen to be trying to "outtrump Trump" to appeal to voters who worry about geopolitical competition or hold anti-China sentiments.
Employees work on a production line at an automotive plant producing electric cars near Ningbo, China. The U.S. is set to announce new tariffs on Chinese electric vehicles and other goods as early as next week, according to people familiar with the matter.
BUSINESS
May 11, 2024
Biden set to hit China EVs and strategic sectors with tariffs
The decision, which could come as early as next week, represents one of Biden’s biggest moves in the economic race with China.
Buyers inside an exhibition hall at the Canton Fair in Guangzhou on April 17.
BUSINESS / Companies
Apr 24, 2024
China’s prices are just too low for buyers to sweat about tariffs
Many buyers at China’s biggest trade event in the southern city of Guangzhou shrugged off the risk of an escalating trade war with the U.S.
Republican presidential candidate and former U.S. President Donald Trump at his Mar-a-Lago property in Palm Beach, Florida, on Tuesday
BUSINESS / Companies
Mar 7, 2024
Possible Trump return causing concern for Japanese firms
Trump has already said that he would impose a 10% tariff on all imported products.
TikTok parent company ByteDance's offices in Singapore. Chinese companies are increasingly using the city-state as a springboard into the U.S. market.
COMMENTARY / World
Feb 22, 2024
'Singapore-washing' and China’s sneaky trade practices
Chinese firms are using Singapore as a springboard into the U.S., circumventing restrictions. The island nation shouldn't enable these deceptive tactics.
Copies of the Apple Daily newspaper, published by Next Digital Ltd., at the company's printing facility in Hong Kong on Nov. 5, 2020.
WORLD / Politics
Feb 12, 2024
In Trump-Biden rematch, the only sure loser is China
Trump’s rhetoric may pressure Biden to take harsher measures in the run-up to election day — bad news for China’s economy and slumping stock market.
An employee inspects integrated circuit boards at a factory in Suzhou, China.
BUSINESS
Dec 22, 2023
U.S. to scrutinize Chinese chipmakers as Biden mulls tariffs
Over 100 companies in various sectors to be surveyed on their procurement and use of legacy chips
A man walks through the Central Business District on a rainy day, in Beijing.
BUSINESS / Economy
Nov 28, 2023
West's de-risking starts to bite China's prospects
China is outwardly confident about growth despite a global economic slowdown
Despite shifts in the global economy and trade, the world remains highly integrated and globalization is far from over.
COMMENTARY
Oct 25, 2023
Globalization’s demise has been greatly exaggerated
Trade flows, allocation of dollars, and supply chains are evolving, but these changes are not uniform and can be challenging to predict.
An assembly engineer works on a TWINSCAN DUV lithography system at ASML in Veldhoven, Netherlands, in June.
BUSINESS / Tech
Oct 21, 2023
The multimillion-dollar machines at the center of the U.S.-China rivalry
Complex lithography machines that print intricate circuitry on computer chips are at the heart of Washington's tough new measures on Beijing.
The U.S. is struggling to cut China off from top AI technology.
BUSINESS / Tech
Oct 13, 2023
Biden eyes adding AI chip curbs to Chinese companies abroad
Efforts to close the loophole allowing access to chips the show how the Biden administration is struggling to cut China off from top AI technology.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.