Separately, Commerce Department says it will simplify some restrictions on the export of advanced semiconductor chips.
Featured Posts Title
People from more than 30 countries are missing after the flash floods in Nepal and China
More than 1,450 missing, 270 dead, in Nepal-China floods likely sparked by glacier break
US counters China as Beijing’s ‘shock wave’ hits African economies
Around the world, people desperately search for news of missing loved ones after Nepal-China floods
Chinese foreign minister calls for US and China to ‘overcome obstacles’ ahead of presidential summit
Beijing ports see 15 million entry-exit trips, 20 days earlier than 2025
New Beijing-Hebei urban rail route set to ease cross-region commutes
Recent Posts
Trump says US won’t lower tariffs on China imports to kick-start trade talks
Trump says we know China tariffs will come down from 145 percent
U.S. President Donald Trump said on Thursday he expects there to be substantive negotiations between the United States and China on trade this weekend and said tariffs couldn’t get higher than 145 …
Xi and Putin agree to ‘deepen’ China-Russia ties during Moscow talks
Chinese leader Xi Jinping and Russian President Vladimir Putin signed a joint statement “further deepening” their partnership following talks in Moscow Thursday – a show of solidarity in the face of global uncertainties unleashed by…
US Weighs Plan to Lower China Tariffs to as Low as 50%, New York Post Reports
WASHINGTON (Reuters) -The Trump administration is weighing a plan to slash the 145% tariff on Chinese imports by more than half as soon as next week, the New York Post reported on Thursday, citing unidentified…
Lawmakers push tech leaders on AI, energy in race with China
Leaders from Silicon Valley were met on Thursday with a new tone from Congress, where Republican lawmakers urged policymakers to prioritize tech innovation over regulations. Over the course of …
Luxury Labels Ditch Steep China Discounts to Rebuild Brand Value
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown.
In Panama, Trump’s new ambassador casts China as threat to frayed alliance
The United States’ new ambassador to Panama pledged on Thursday to strengthen ties with the Central American country while pushing China as a common threat.
We’re seeing a slowdown in all trade lanes with China, says Pacific Merchant Shipping’s Mike Jacob
Mike Jacob, Pacific Merchant Shipping Association president, joins ‘Power Lunch’ to discuss impact of tariffs on ports and the American economy.
AI execs say US must increase exports, improve infrastructure to beat China
The Senate Commerce Committee wants to cut regulatory barriers to U.S. artificial intelligence after China’s DeepSeek debuted its high-quality, affordable AI model last year.
OpenAI chief Sam Altman: US barely ahead of China in artificial intelligence arms race
Sen. Ted Cruz chaired a Commerce Committee hearing featuring Sam Altman, Lisa Su, Michael Intrator and Brad Smith.
OpenAI CEO Sam Altman and other US tech leaders testify to Congress on AI competition with China
OpenAI CEO Sam Altman and executives from Microsoft and chipmaker Advanced Micro Devices testified on Capitol Hill about the biggest opportunities, risks and needs facing an industry which lawmakers …
Moody’s says tariffs may hit African banks through China slowdown
By Colleen Goko JOHANNESBURG (Reuters) -Banks in sub-Saharan Africa will not be directly impacted by U.S. import tariffs, but “second round effects”, including their impact on the macroeconomic outlook and on China,
Bill that would ban Chinese citizens from owning property in Texas faces crucial vote
The Texas House is set to debate a bill today that would ban citizens of nations deemed hostile to the U.S, including China, from owning certain properties in the state. Opponents have decried the …
