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US-China trade war

US-China trade war
Breaking news and analysis on the US-China trade war, its history and timeline, and the impact on the global economy.
Photo: Reuters
Canada

Xi Jinping meets foreign leaders: tracker 2026

World leaders are flocking to Beijing this year as Trump’s trade war spurs US allies to look for new ties.

United States

US to keep China tariffs steady ahead of key Trump-Xi meeting: Greer

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China trade

Trump’s USMCA exit threat seen pushing Canada into China’s arms

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China consumption

IMF urges China to focus on consumption-led rebalancing, curb industrial policy

Global monetary body calls on Beijing to roll out more forceful fiscal stimulus to bolster domestic demand amid record trade surplus.

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Customers check out at a duty-free store during the Spring Festival holiday in Haikou in Hainan province, as the IMF issues an urgent recommendation to China. Photo: Xinhua
Yuan

China’s yuan strengthens to near 3-year high as US dollar uncertainty grows

The offshore currency continues to appreciate, with official fixing also hitting its strongest level since May 2023.

Mainland China

US warns of deep distrust even as officials seek stable China ties for summit

Congressional hearings reflect bipartisan concern and highlight persistent advanced tech market tension as key Trump-Xi summit looms.

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Donald Trump’s China policy

China braces after Trump imposes new global tariff – how will it respond?

Beijing is on alert but signals readiness to engage ahead of high-level trade talks and Trump’s first visit to China in his second term.

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US President Donald Trump, flanked by Secretary of Commerce Howard Lutnick speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed sweeping global tariffs last year. Photo: Reuters
United States

Opinion | Despite Supreme Court ruling, Trump has legal cards for tariffs in hand

The US’ trading partners are understandably taking a wait-and-see approach to the tariff landscape after the court decision.

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China food security

Explaining China’s 2026 rural blueprint

SCMP Plus annotates the No 1 document released by the Communist Party’s Central Committee and State Council setting out key rural policies for the year.

Mainland China

US trade chief’s statement on Trump’s global tariff

US Trade Representative Jamieson Greer issued a statement elaborating on Trump’s decision to impose a new global tariff following Supreme Court’s ruling.

Photo: Reuters
China trade

US-Indonesia deal threatens China’s ‘entrenched position’ in nickel market: analysts

A new deal gives America unrestricted access to Indonesia’s nickel – and challenges China’s ‘preferential’ position in the market, analysts say.

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A worker conducts a tapping process at a nickel processing plant in Sorowako, Indonesia. A new US-Indonesia trade deal could complicate China’s position in the Indonesian nickel industry. Photo: EPA
US-China relations

US tariff ruling points to steadier US–China ties before April summit: analysts

Court decision lowers effective duties, easing tensions and steering Xi-Trump talks towards stability rather than escalation.

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China-Africa relations

Opinion | China’s zero-tariff offer to Africa is a game changer

In contrast to Western proposals that come with strings attached, China has turned its own market into the main instrument of partnership.

China manufacturing

What next for China’s export machine after top US court blocks Trump’s tariffs?

The high-stakes meeting between Trump and Xi may determine whether current reprieve gives way to a more durable trade deal, analyst says.

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By invalidating duties imposed under emergency presidential powers, the US Supreme Court ruling removes a powerful tool the White House had used to pressure Beijing, potentially weakening Washington’s bargaining position. Photo: Shutterstock
US-China relations

Trump tariff loss is win for Chinese exporters

Chinese manufacturers will no longer face higher tariffs than rivals elsewhere in the world after the US Supreme Court ruled against President Donald Trump.

Photo: AFP
US-China relations

Critical minerals rivalry expands to copper, silver

The US and China are intensifying efforts to secure copper and silver supply chains amid surging industrial demand which has driven up prices of the metals, delivering big returns for investors in 2025.

Donald Trump

Open Questions | Abraham Newman on ‘weaponised interdependence’ in ‘neo‑royalist’ Trump era

American political scientist on how ‘interdependence’ can be exploited as part of the rivalry between major powers.

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Food and agriculture

Opinion | How China’s national food security push could reshape global markets

Amid increasing pressure from trade wars and climate change, Beijing is reframing agriculture as a matter of national security.

Farmers pick grapes in Xuzhou, Jiangsu province on June 6, 2025. Photo: VCG via Getty Images
United States

Trump lashes out at US Supreme Court, rolls out new 10% global tariffs

Decision threatens administration’s trade agenda; casts shadow on Xi-Trump summit as some China tariffs wiped out before Beijing talks.

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Mainland China

Why looming US-China trade talks could hinge on an obscure metal: gallium

China’s ban on exports of the vital metal could kick in again in November – and the US still has no realistic alternative supplier.

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China trade

China defends WTO’s ‘equal treatment’ rule – what it means for global trade

Beijing warns that ending non-discrimination in global trade rules could see powerful countries dominate smaller ones.

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The WTO launched a formal self-review in 2022, and is expected to discuss reform proposals in March. Photo: AFP
China trade

US trade deficit widens, Spring Gala performances, Merz visit

This week: US trade deficit widens, humanoid robots dazzle in Spring Festival Gala, Wang Yi and Marco Rubio at Munich Security Conference. Next week: German Chancellor Friedrich Merz visits China, Politburo meets ahead of ‘two sessions’, Hong Kong budget speech and more.

Humanoid robots perform with children during China Central Television’s Spring Festival Gala 2026. Photo: CCTV
Trade

Outside In | Try as it might, the US alone can’t reverse the tide of globalisation

Accounting for a significant share of world trade, Europe and Asia are far more decisive players in the fast-changing globalised economy.

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South Korea

Washington offers US$200 million to boost US smartphone industry in Indo-Pacific

State Department subsidies for US companies to shore up US artificial intelligence supply chain in region and counter China’s dominance.

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US-China relations

Former Biden official says US must work with allies to counter China

Kurt Campbell warns Trump’s strategy risks weakening Washington leverage as policy machinery erodes and Beijing sharpens its approach.

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Kurt Campbell, former US deputy secretary of state and a key architect of Washington’s Indo-Pacific strategy, at an event in 2023. Photo: Getty Images
Diplomacy

Opinion | The 21st-century order has outgrown 20th-century institutions

Despite international tensions, countries still seek cooperation based on shared interests. Institutions must embrace this trend.

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Illustration: Craig Stephens
Trade

US trade deficit widens sharply in December, testing Trump tariff claims

Trade with China remains a major driver of the US deficit, even as imports shift towards Southeast Asia and other partners.

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US-China relations

Opinion | US and China can again find common ground – in AI’s risks

If Beijing and Washington could meet in 1972 to manage a shared threat, today’s leaders can cooperate to shape the rules of AI.

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