The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption, Treasury Secretary Scott Bessent said Wednesday. “China’s current economic model is built on …
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Trump may slash China tariffs by 50%, report says
The Trump administration is mulling steep tariff cuts on China imports, signaling a de-escalation in the trade war. Trump’s reversal lifts investor sentiment.
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.
Trump to Exempt Car Parts From Tariffs on China Imports, FT Says
The Trump administration is considering reducing tariffs on auto parts ahead of a May 3 deadline that has drawn the ire of global carmakers, according to the Financial Times.The proposal would exempt …
Imax CEO ‘Highly Confident’ That China’s Plan to Reduce US Film Releases Won’t Affect His Company
In Imax’s latest quarterly earnings call to investors, CEO Rich Gelfond fielded questions about the potential impact of China’s plan to reduce U.S. film releases in response to Donald Trump’s tariffs, …
Boeing CEO says trade uncertainty, China tensions not expected to affect aerospace giant’s rebound
Boeing CEO Kelly Ortberg says the aerospace giant will look to protect its turnaround efforts amid the ongoing trade tensions between the U.S. and trading partners like China.
Elon Musk says China wants assurances that magnets for Tesla’s humanoid robot won’t be used for ‘military purposes’
Elon Musk said China wants assurances that the rare-earth magnets needed to build Optimus will not be used for “military purposes.”
China accuses US of ‘bullying’ the world with tariffs at UN meeting
China led an informal U.N. Security Council meeting in which it accused the U.S. of using tariff policies to “bully” other countries. The U.S., in response, accused China of trying to manipulate the …
GWM Unveils Its Global Strategy at Auto Shanghai 2025: From China’s GWM to a Global Brand
GWM brands, including HAVAL, WEY, and ORA, featured at the 21st Shanghai International Automobile Industry Exhibition …
China has an army of robots on its side in the tariff war
Enormous investments in factory equipment and artificial intelligence are giving China an edge in car manufacturing and other industries.
China Track Fuels Russia’s $245 Billion Trade as It Sidesteps Western Sanctions
Russia and China have quietly set up a new payment system to keep their booming trade away from Western regulators. This system, known among bankers as the “China Track,” helps the two countries do business…
White House would consider cutting China tariffs as part of talks, source says
The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on Wednesday, adding that any action would not be …
China stresses ‘equality, respect’ amid Trump optimism on trade deal
China stressed on Wednesday that “equality, respect” are paramount in discussions with the United States amid President Trump’s stated optimism on reaching a new trade deal between the world’s two …
