Dollar unfazed even as Fed cut comes back into view

Dollar unfazed even as Fed cut comes back into view

The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month after dovish comments from policymakers while the frail yen remained on intervention watch. Fed Governor Christopher Waller said the job market is weak enough to warrant another quarter-point rate cut in December, though action … Read more

U.S. business lobby urges Trump to end new curbs on exports to China

U.S. business lobby urges Trump to end new curbs on exports to China

U.S. President Donald Trump (L) with China’s President Xi Jinping. File. | Photo Credit: Reuters A lobbying group whose board includes U.S. firms like Oracle, Amazon.com and Exxon Mobil is urging the Trump administration to immediately suspend a rule it says halted billions of dollars’ worth of U.S. exports and will prompt China and other … Read more

China hits back at US ships with additional port fees starting Tuesday

China hits back at US ships with additional port fees starting Tuesday

Vessels owned or operated by U.S. firms and individuals, or those built in the United States or that fly the U.S. flag, will be charged additional port fees per voyage starting on Tuesday, China’s transport ministry said on Friday. The port fees are a countermeasure against upcoming U.S. port fees on Chinese ships, the ministry … Read more

China-U.S. trade talks continue in Sweden for second day amid tariff disputes

China-U.S. trade talks continue in Sweden for second day amid tariff disputes

U.S. Secretary of the Treasury Scott Bessent walks outside Rosenbad, ahead of the second day of trade talks between the U.S. and China in Stockholm, Sweden, July 29, 2025. | Photo Credit: Reuters Chinese and U.S. trade officials arrived for a second day of meetings in the Swedish capital on Tuesday (July 29, 2025) to … Read more

China ‘evaluating’ US offer to negotiate tariffs; Beijing’s door is ‘open’

China ‘evaluating’ US offer to negotiate tariffs; Beijing’s door is ‘open’

Beijing is “evaluating” an offer from Washington to hold talks over U.S. President Donald Trump’s crippling tariffs, China’s Commerce Ministry said on Friday, signalling a potential de-escalation in the trade war that has roiled global markets. The United States has approached China to seek talks over Trump’s 145% tariffs and Beijing’s door was open for … Read more

Joe Biden, Xi Jinping hold first talks in a year

Joe Biden, Xi Jinping hold first talks in a year

President Joe Biden greets China’s President President Xi Jinping at the Filoli Estate in Woodside, Calif., Wednesday, Nov, 15, 2023, on the sidelines of the Asia-Pacific Economic Cooperative conference. | Photo Credit: AP U.S. President Joe Biden and Chinese President Xi Jinping opened their first face-to-face meeting in more than a year on Wednesday, November … Read more

U.S. General says allies key to counter China in Pacific

U.S. General says allies key to counter China in Pacific

This undated handout photo from the U.S. Army received on July 30, 2023 shows U.S. Major General Joseph Ryan, commanding General of 25th Infantry Division in Schofield Barracks, Hawaii, speaking to his troops at an undisclosed location. | Photo Credit: AFP The United States will rely on allies rather than a major expansion of its … Read more

Explained | Why is the U.S. shifting its approach to China from decoupling to de-risking?

Explained | Why is the U.S. shifting its approach to China from decoupling to de-risking?

The U.S: President Joe Biden with European Commission Ursula von der Leyen during the G-7 Summit in Japan. | Photo Credit: ANI The story so far: The Trump-era focus of the U.S. to decouple from China is being phased out by a new concept. The U.S. has expressed that it is shifting its policy on … Read more

Chinese spy balloons have targeted several countries, including India: Report

Chinese spy balloons have targeted several countries, including India: Report

Remnants of a large balloon drift above the Atlantic Ocean | Photo Credit: AP China has operated a fleet of spy balloons targeting several countries including India and Japan, a media report has said, days after the U.S. military shot down a Chinese surveillance craft floating over sensitive installations in the country. U.S. officials have … Read more

U.S. recovers balloon debris, China protests

U.S. recovers balloon debris, China protests

Sailors assigned to Explosive Ordnance Disposal Group 2 recover a suspected Chinese high-altitude surveillance balloon that was downed by the United States over U.S. territorial waters off the coast of Myrtle Beach, South Carolina, on February 5, 2023 | Photo Credit: Reuters United States authorities have begun collecting remnants of the Chinese surveillance balloon that … Read more