As President Donald Trump has imposed steep tariffs on China, American importers are buying much less. But the rest of the world is making up the difference, buying more from China than ever. China has offset the decline from America with breathtaking speed. Shipments to other parts of the world have surged this year, demonstrating … Read more
China’s producer price deflation eased in October and consumer prices returned to positive territory, data showed on Sunday, as the government steps up efforts to curb over-capacity and cut-throat competition among firms. Despite the improvement in headline numbers, analysts warn that deflationary pressures on the world’s second-largest economy are not yet over, and the government … Read more
China announced it will remove retaliatory tariffs on some US farm products and lift export controls on an array of American firms, after Washington halved its fentanyl-related levies on Chinese goods. The country’s finance ministry confirmed in a Wednesday notice it would end tariffs imposed March 4 on soybeans and other US agricultural products including … Read more
China’s decision on October 9 to expand export restrictions on seven Rare Earth Elements (REEs) — vital for high-tech manufacturing and defence applications — has heightened global trade and geopolitical tensions. The move has deepened concerns about the world’s heavy reliance on China for critical mineral supplies. This latest salvo follows similar curbs introduced in … Read more
When South Korea‘s newly elected president, Lee Jae Myung, visited Washington in August, he was asked about anmigyeongjung, the nation’s well-established policy of maintaining strategic neutrality between the United States and China. The Korean phrase, loosely translated as “the United States for security and China for the economy,” refers to how the country must balance … Read more
The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index rose 0.3% last month and 3.0% in the 12 months through September. Economists … Read more
U.S. President Donald Trump said on Monday he expects to reach a fair trade deal with Chinese President Xi Jinping and downplayed risks of a clash over the issue of Taiwan, even as his top trade negotiator accused Beijing of engaging in “economic coercion.” Trump suggested to reporters that China had no designs on invading … Read more
The United States has been undermining the rules-based multilateral trading system since the new administration took office in 2025, China’s Ministry of Commerce said on Friday, citing repeated use of discriminatory policies, reciprocal tariffs, and unilateral sanctions that contravene WTO commitments. In a 2025 assessment, the ministry said it will intensify action at the WTO, … Read more
A new war of words is unfolding between the United States and China as fresh tariffs and sanctions ignite concerns of a full-blown trade confrontation. In an exclusive conversation with ET Now, Shaun Rein, Managing Director of the China Market Research Group, offered a candid and critical view of U.S. policy under Donald Trump, arguing … Read more
For months, bubbling trade tensions between China and the US seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust trade hostilities back in … Read more