Under the new trade deal, the U.S. will lower its tariff on Chinese imports from 145% to 30%, while China will cut its import duty on American goods from 125% to 10%.
Monthly Archives For July 2025
Heavy Rainfall in Beijing Leaves at Least 30 Dead, Officials Say
More than 21 inches of rain fell on the mountainous district where most of the deaths occurred, China’s state broadcaster said on Tuesday.
Rain Kills 30 in Beijing as Xi Urges Efforts to Protect Lives
Heavy rainfall has led to 30 deaths in Beijing and cut power to some villages as eastern and central parts of China face more wild weather, with President Xi Jinping urging authorities to keep people…
Watch: People rescued from flooded streets in China
At least 30 people have been killed in floods that have inundated large parts of northeastern China. More than 80,000 people have been relocated from their homes after more than 543.4mm (21.4 inches) …
China Crypto Firm Bitmain Plans First US Factory in Trump Gambit
Bitmain Technologies Ltd., the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America” boom in …
US, China officials meet in Sweden as trade truce deadline looms
Top U.S. and Chinese officials negotiate in Sweden to extend their trade truce, as the Trump administration races to finalize deals before tariff deadlines expire.
Days of heavy rain batter northern China, killing multiple people in Beijing’s northern outskirts
Days of heavy rain have killed at least 30 people in the norther outskirts of Beijing, state media reported Tuesday.
30 killed in Beijing after heavy rains and floods batter parts of China
Torrential rains and floods in northern China since the weekend have killed 30 people in Beijing, authorities say. Beijing officials have issued the highest flood emergency alert. More than 80,000 …
Asia-Pacific markets set to fall as traders await outcome of U.S.-China trade talks
Asia-Pacific markets were set to fall as investors awaited the outcome of the ongoing U.S.-China trade talks. Investors also await the result of the U.S. Federal Reserve meeting due Wednesday stateside, where it will make…
At least 30 dead in Beijing after days of heavy rain
Days of heavy rain have killed at least 30 people in the norther outskirts of Beijing, state media reported Tuesday.
30 people die in heavy rains and flooding in Beijing, Chinese state media say
Chinese state media say that 30 people have died in heavy rains and flooding in Beijing. State broadcaster CCTV said on Tuesday that 28 people had died in Beijing’s …
China Industrial Bank Fast-Tracks AI-Driven Stablecoin Plan Amid Dollar Dominance Threat
China’s exploration of yuan-backed stablecoin is not just domestic digital finance reform but also currency internationalization.
U.S. Faces New Coronavirus Variant Nimbus from China: What You Need to Know
First spotted in China in January 2025, Nimbus has spread quickly to places like Hong Kong, Thailand, and now the U.S., where it was detected in late March through airport screenings.
