After implementing 25% tariffs on North American trading partners, Donald Trump suspended them two days later and raised the possibility of a similar stay for the People’s Republic. A hike of 10 …
NEWS
Temu’s owner sheds billions in value over fears Trump’s trade crackdown will curb U.S. appetite for China-shipped goods
The elimination of the so-called de minimis trade rule could wreak havoc on Temu, Shein, and other direct-from-China merchants.
Trump to speak with China’s Xi after hiking tariffs, White House says
U.S. President Donald Trump will speak with Chinese President Xi Jinping as soon as this week, Trump’s spokesperson said, setting up a major diplomatic exchange as the world’s two largest economies …
US says packages from China to face formal customs entry under new tariffs
Mailed packages from China must undergo formal customs entry under new tariffs scheduled to be implemented on Tuesday, according to a notice from the U.S. Customs and Border Protection posted online on Monday.
China May Loosen Grip on Yuan as Trump Reignites Trade War
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities to relax their tight grip, if Donald Trump’s tariffs go into effect.
Panama ditches China’s Belt and Road project in a win for Trump’s tough-guy diplomacy
Panama appears to have bowed to Donald Trump’s aggressive style of diplomacy by ditching its involvement in China’s Belt and Road initiative.
Electric trucks cheaper than diesel vehicles on long-haul routes in Shenzhen trial: expert
A pilot programme in Shenzhen showed that trucks that run on batteries beat diesel-fuelled vehicles in terms of total cost of ownership Battery-powered electric trucks driving long-distance routes …
Trump to speak with China’s Xi after raising tariffs, White House says
U.S. President Donald Trump will speak with Chinese President Xi Jinping within the next couple of days, setting up a major diplomatic exchange as the superpowers seek a deal that could avert a …
‘Good opportunity’ for Rubio, Wang to meet at UN on Feb. 18, says China’s UN envoy
A United Nations Security Council meeting in two weeks could be a “very good opportunity” for Chinese Foreign Minister Wang Yi and U.S. Secretary of State Marco Rubio to meet, China’s U.N. envoy said on…
Trump’s China tariffs are likely to drive up drug prices and spur shortages
President Donald Trump’s executive order imposing a 10% tariff on Chinese imports is likely to drive up the cost of generic drugs in the United States and exacerbate drug shortages, experts say.
Document exposes $40 million of US taxpayer money sent to Wuhan for bat coronavirus emergence research
A newly released document reveals that the US government, under the Biden administration, allocated over $40 million in taxpayer funds to the Wuhan Institute of Virology for research on bat …
‘China is cheering’ for the U.S. starting the ‘dumbest trade war in history’: Lawmaker
The top Democrat on the House Select Committee on China Rep. Raja Krishnamoorthi (D-IL) joins Chris Jansing to provide insight on President Trump’s tariff battle with Canada and Mexico, as well as Elon Musk’s plan…
Rubio to focus on curbing immigration, countering China in Latin America
Secretary of State Marco Rubio is set to embark on his first diplomatic mission abroad since being confirmed to his post, visiting five countries in Central and South America over the first week of February.