The expiration of the so-called de minimis rule that has allowed as many as 4 million low-value parcels to come into the U.S. every day — mostly from China — is also forcing businesses that…
BUSINESS
US-China trade war putting thousands of American jobs at risk, business lobby group warns
The trade war between the United States and China has put more than US$140 billion worth of American exports and thousands of jobs at risk, according to a new report by a US business lobby…
China pivots to Europe for used cooking oil exports as tariffs hit shipments to US
China’s used cooking oil (UCO) exports to the United States, its largest buyer, are set to plunge in coming months due to steep tariffs, forcing sellers to divert shipments to Europe and elsewhere, industry players…
Dow Chasing 7-Day Winning Streak. Chinese Exports Show Tariffs Hit.
Stock futures were mostly falling early Wednesday after gaining in the previous session as the U.S. trade war started to hit economic data, an ominous sign that the real-world impact of President Donald Trump’s tariffs…
China’s reliance on soybean imports continues despite cutback plans
Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting their own tariffs could provide a big boost, said Indermit Gill, the World Bank’s chief economist.
Beijing Aims for Blockchain Leadership with New 2025–2027 Action Plan
Beijing launches 2025–2027 blockchain action plan to lead global innovation across healthcare, AI, finance, education, and transport.
HKEX posts best quarter ever as China’s ‘DeepSeek moment’ spurs IPOs, market’s rerating
Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, said its first-quarter profit reached a record high, thanks to more new listings and increased turnover. Net …
Julong Holding Plans 1.25M Share IPO
The intelligent integrated solutions provider said it expects the IPO to price between $4 and $6 a share … access-control system and parking system of an international airport in Beijing, and the …
The US needs a stronger defense industry and deeper magazines for a long war with China, Army leader says
If the two entered a long, drawn-out conflict, America will need the “ability to manufacture at scale over time” to have the edge, Driscoll told BI.
China lifts sanctions on EU lawmakers amid Trump’s tariff war
China has lifted sanctions on five Members of the European Parliament (MEPs) as the country engages in a tariff war with the U.S.
China lifts sanctions on EU members amid Trump’s tariff war
China has lifted sanctions on five Members of the European Parliament (MEPs) as the country engages in a tariff war with the U.S. This is a developing story.
Shein IPO on the line, as it ponders tariff-driven restructuring
Low-cost apparel retailer Shein is exploring ways to restructure its business in response to new tariffs, including the diversion of U.S. market manufacturing to countries outside of China, according …
China draws up list of U.S.-made goods exempt from 125% tariffs, sources say
China has created a list of U.S.-made products that would be exempted from its 125 per cent tariffs and is quietly notifying companies about the policy, two people familiar with the matter said.