Pharmaceutical companies in China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing-based American Chamber of Commerce said on Friday.
Monthly Archives For April 2025
China foreign minister says Trump’s tariffs reveal ‘extreme egoism’ as he speaks out against protectionism
Chinese Foreign Minister Wang Yi said tariffs imposed by U.S. President Donald Trump show “extreme egoism” and that Beijing opposes protectionism.
Why are European luxury brands caught in China-US trade war crossfire?
Amid US-China trade war, videos showcasing China’s manufacturing prowess went viral but also drew controversy People working in the fashion industry in Paris are wondering how they managed to get …
China foreign minister says US tariffs show “extreme egoism”
China’s Foreign Minister Wang Yi said Beijing stands on the side of international rules on U.S.-imposed tariffs and opposes protectionism, the Foreign Ministry on Saturday.
Trump tariffs live updates: China eases some US tariffs as Trump says he wants concessions
The developments came as China has struck a publicly defiant tone and Trump sowed confusion by claiming that he had spoken with Chinese President Xi Jinping, which Beijing denied.
China’s Xi calls for self sufficiency in AI development amid U.S. rivalry
China’s President Xi Jinping pledged “self-reliance and self-strengthening” to develop AI in China, state media reported on Saturday, as the country vies with the U.S. for supremacy in artificial …
China fast-tracks university programs in tech and semiconductors
China’s Ministry of Education has urgently approved 29 new university majors, most of which focus on cutting-edge technology, semiconductor science and engineering, and artificial intelligence.
China Reiterates Hitting 2025 Growth Target Amid Trade Tension
China will take measures to achieve its annual economic growth target of around 5% despite escalating trade tensions and uncertainties, the country’s finance minister said in Washington earlier this …
Inside one U.S. company’s tariff war room amid turmoil over tariffs on imports from China
For MedSource Labs, the near-constant threat of new tariffs is impacting critically needed medical supplies made in factories from China to India to Colombia. NBC’s Andrea Mitchell reports on what the company is doing to…
China-born scientist’s magnet made without rare earth element could now help US
The world’s largest exporter of rare earth minerals is currently restricting exports to the United States. Playing a key role in almost everything from EV motors to wind turbine
US Treasury’s Bessent urges Asian Development Bank to move towards ending China loans
U.S. Treasury Secretary Scott Bessent urged Asian Development Bank President Masato Kanda to take concrete steps towards ending loans to China, the Treasury said on Friday.
Trump Claims He’s Negotiating With China on Trade. China Says Otherwise.
President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.
China disputes Trump’s claims he’s negotiating on trade
President Donald Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested Friday that he had been in touch with Xi Jinping, China’s …