Companies that depend on holiday sales rely heavily on Chinese factories. “I don’t have an option to buy these products domestically,” said one local business owner.
Tagged By beijing
US business lobby in China: Some pharma firms reporting tariff exemptions
Pharmaceutical companies in China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing-based American Chamber of Commerce said on Friday.
China foreign minister says Trump’s tariffs reveal ‘extreme egoism’ as he speaks out against protectionism
Chinese Foreign Minister Wang Yi said tariffs imposed by U.S. President Donald Trump show “extreme egoism” and that Beijing opposes protectionism.
Why are European luxury brands caught in China-US trade war crossfire?
Amid US-China trade war, videos showcasing China’s manufacturing prowess went viral but also drew controversy People working in the fashion industry in Paris are wondering how they managed to get …
China foreign minister says US tariffs show “extreme egoism”
China’s Foreign Minister Wang Yi said Beijing stands on the side of international rules on U.S.-imposed tariffs and opposes protectionism, the Foreign Ministry on Saturday.
China’s Xi calls for self sufficiency in AI development amid U.S. rivalry
China’s President Xi Jinping pledged “self-reliance and self-strengthening” to develop AI in China, state media reported on Saturday, as the country vies with the U.S. for supremacy in artificial …
Inside one U.S. company’s tariff war room amid turmoil over tariffs on imports from China
For MedSource Labs, the near-constant threat of new tariffs is impacting critically needed medical supplies made in factories from China to India to Colombia. NBC’s Andrea Mitchell reports on what the company is doing to…
US Treasury’s Bessent urges Asian Development Bank to move towards ending China loans
U.S. Treasury Secretary Scott Bessent urged Asian Development Bank President Masato Kanda to take concrete steps towards ending loans to China, the Treasury said on Friday.
Trump’s presidency: Russia-Ukraine peace talks and trade war with China
President Donald Trump is pushing ahead with his agenda as US special envoy Steve Witkoff and Russian President Vladimir Putin meet in Moscow for further Ukraine peace talks. Follow for live updates.
China may shift to Bitcoin that ‘thrives’ in uncertainty, BlackRock’s ETF head says
China may shift to Bitcoin and gold amid global uncertainty and geopolitical tensions to diversify outside the U.S. Treasuries, BlackRock ’s head of thematics and equity ETFs Jay Jacobs said.
Top intelligence lawmaker fears China may exploit DOGE’s changes to government
Conn., also called out the Trump administration on the recent firing of NSA Director Timothy Haugh, a move he viewed as “puzzling.”
Pentagon Prepared Briefing for Musk on Top Secret U.S. Weapons for China War
Musk never received the briefing after the Pentagon’s acting general counsel intervened. The internal confusion highlights disarray at the top levels of the Defense Department.
Elon Musk says China’s rare earth export ban may delay Tesla’s humanoid robot
Tesla CEO Elon Musk said China’s suspension of certain rare earth magnet exports is impacting the company’s development of humanoid robots.