The U.S. has not yet kicked off any trade negotiations with China, as both Washington and Beijing have slapped steep tariffs against each other’s imports.
BUSINESS
AMD forecasts $1.5 billion revenue impact from US curbs on China chip exports
Advanced Micro Devices on Tuesday forecast it would suffer a $1.5 billion impact on its revenue this year due to new U.S. curbs on chips, which require it to obtain a license to ship advanced…
Chinese Imports Hit 2-Decade Low as Trump Tariffs Begin to Bite
While imports can swing with seasonal shifts, President Trump’s ratcheting up of U.S. tariffs on China has begun to cascade through supply chains, government data shows.
Here’s how AMD plans to withstand the deepening U.S.-China trade war
The chip maker expects “strong growth” this year despite the uncertain macroeconomic and regulatory environment.
AMD forecasts revenue above estimates, despite US curbs on China chip exports
Advanced Micro Devices forecast second-quarter revenue above Wall Street estimates on Tuesday, in part because of the global thirst for its artificial-intelligence chips even as trade tensions clouded …
New names emerge from TB’s 2025 tire brands survey
Tire Business’ annual brands survey endeavors to map the tire industry’s ever-shifting landscape of private, import, associate and flagship brands and who controls them.
Consumer brands eye European markets as US tariffs impact demand
The reaction highlights the impact of Trump’s tariffs on the flow of consumer products around the globe, shaking up long-established patterns.
Trump’s Tariffs Trigger Turmoil In China As Country’s Economic Tailspin Intensifies Per New Data
China’s services sector is buckling under U.S. tariffs, with new data showing a dramatic slowdown in April — the latest …
China’s Xi ready to work with EU to expand ties, handle friction
President Xi Jinping said China was ready to work with European Union leaders to expand mutual openness and properly handle frictions and differences, the official news agency Xinhua reported on Tuesday.
UPS and FedEx Once Handled a Deluge of Packages From China. That’s Changing
The business of transporting hundreds of millions of low-value shipments on as many as 60 freighter flights a day between China and the United States could now wither.
Thermal coal prices hit 4-year low in Asia as China imports wane
Asia’s seaborne thermal coal prices have slumped to four-year lows as the region’s heavyweight buyers China, India and Japan all import less of the power-station fuel.
Hedge fund billionaire Paul Tudor Jones says stocks are headed for fresh lows even if China trade tensions ease
The S&P 500 retesting its recent low would imply a 10% drop from current levels. The famed investor said tariffs and the Fed are the biggest market risks.
China’s neighbors are cracking down on exporters trying to dodge tariffs with fake labels
Some Chinese exporters are sending products to countries like Vietnam and falsely labelling them as being made there to skirt Trump’s tariffs.
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