U.S. Treasury Secretary Scott Bessent said on Tuesday that he believes there will be a de-escalation in U.S.-China trade tensions, but negotiations with Beijing have not yet started and would be a “slog,
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U.S. doing very well on trade deal with China: White House
The U.S. is doing very well on a potential trade deal with China, the White House press secretary informed. The U.S. is doing very well on a potential trade deal with China, the White House…
Bessent believes China impasse over tariffs will de-escalate
Treasury Secretary Scott Bessent told an investor summit Tuesday that he expects the tariff war between the U.S. and China will de-escalate because the status quo is unsustainable.
China asks South Korea not to export rare earth products to US defense, warns companies could be sanctioned
The Chinese government has warned South Korean companies of retributions if they continue exporting products containing its rare metals to U.S. military.
China calls on UK to uphold international order in face of ‘rampant unilateral bullying’
China and Britain have a responsibility to uphold international order in the face of “rampant unilateral bullying”, Chinese Foreign Minister Wang Yi told British Foreign Secretary David Lammy in a phone call on Tuesday.
8 Practical Steps for Brands Navigating the Current Tariff Turmoil and Trade Wars
The rules of global trade are shifting once again and this time, the impact could be massive for thousands of e-commerce brands. On April 2, 2025, President Donald J. Trump announced sweeping changes …
Hong Kong authorities concerned over alleged secret filming of pupil in Shenzhen
Classmates allegedly filmed boy, 13, while he was showering and circulated clip among pupils and on social media.
China discovers 35 million tons of a forgotten strategic mineral: Beijing has formidable geopolitical and economic weapon
Beijing’s new find may seem like just sand, but it’s poised to shake up global technology supply chains and unsettle Washington.
Fintech Unicorn GCash May Delay Philippines’ Biggest IPO If US-China Trade War Escalates
Mynt’s IPO, which some analysts expect to raise as much as $1.5 billion later this year, will be the biggest maiden share sale in the Philippines since the 2021 listing of Monde Nissin, which raised…
China urges UK and EU to uphold multilateral trade in face of U.S. tariffs
BEIJING (Reuters) -Chinese Foreign Minister Wang Yi on Tuesday urged Britain and the European Union to safeguard multilateral trading systems, as Beijing seeks to rally support from trading partners …
Trump to impose steep tariffs on Asian solar imports, increasing pressure on China
The Trump administration announced steep tariffs on solar imports from four nations in Southeast Asia, with duties as high as 3,500% on the grounds that the nations act as pass-throughs for products …
Exclusive: ‘China Track’ bank netting system shields Russia-China trade from Western eyes
Major Russian banks have set up a netting payments system dubbed “The China Track” for transactions with China, aiming to reduce their visibility to Western regulators and mitigate the risk of …
China’s business programs reached over 40,000 Taiwanese in double-pronged expansion tactic
The approach China has taken has been described as a “carrot and stick” tactic, and its main aim is to influence the opinion of the Taiwanese people.
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