Boeing CEO Kelly Ortberg says the aerospace giant will look to protect its turnaround efforts amid the ongoing trade tensions between the U.S. and trading partners like China.
BUSINESS
Elon Musk says China wants assurances that magnets for Tesla’s humanoid robot won’t be used for ‘military purposes’
Elon Musk said China wants assurances that the rare-earth magnets needed to build Optimus will not be used for “military purposes.”
China accuses US of ‘bullying’ the world with tariffs at UN meeting
China led an informal U.N. Security Council meeting in which it accused the U.S. of using tariff policies to “bully” other countries. The U.S., in response, accused China of trying to manipulate the …
GWM Unveils Its Global Strategy at Auto Shanghai 2025: From China’s GWM to a Global Brand
GWM brands, including HAVAL, WEY, and ORA, featured at the 21st Shanghai International Automobile Industry Exhibition …
China has an army of robots on its side in the tariff war
Enormous investments in factory equipment and artificial intelligence are giving China an edge in car manufacturing and other industries.
China Track Fuels Russia’s $245 Billion Trade as It Sidesteps Western Sanctions
Russia and China have quietly set up a new payment system to keep their booming trade away from Western regulators. This system, known among bankers as the “China Track,” helps the two countries do business…
White House would consider cutting China tariffs as part of talks, source says
The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be …
China stresses ‘equality, respect’ amid Trump optimism on trade deal
China stressed on Wednesday that “equality, respect” are paramount in discussions with the United States amid President Trump’s stated optimism on reaching a new trade deal between the world’s two …
Musk says China’s blocking of rare earth magnets will hit Tesla humanoid robots
Tesla CEO Elon Musk said Tuesday that China’s decision to block the exports of rare earth magnets in response to President Trump’s tariffs will slow the rate of production for the company’s
CatChina Fully Acquires Filox Exchange: A Strategic Union of Community and Technology to Usher in a New Era of Blockchain Innovation
Global blockchain ecosystem pioneer CatChina has officially announced the 100% acquisition of digital asset trading platform Filox Exchange. This milestone marks a groundbreaking integration of …
Shipping customers have canceled 30% of US orders from China amid tariff chaos, logistics giant says
Major shipping container company Hapag-Lloyd said its customers have canceled 30% of orders from China to the United States as President Trump’s stiff tariffs cause chaos at ports around the world.
China tariffs to come shockingly low to 50%, report says
The Trump administration is mulling steep tariff cuts on China imports, signaling a de-escalation in the trade war. Trump’s reversal lifts investor sentiment.
Trump tariffs live updates: Trump administration considers slashing China tariffs
The White House is reportedly considering slashing tariffs on Chinese imports from a baseline rate of 145% to 50%-65%, a senior White House official told the Wall Street Journal. Stocks soared on …