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US President Donald Trump gestures as he holds a press briefing at the White House, following the Supreme Court’s ruling on his tariffs on Friday. Photo: Reuters
United States

Trump says raising US global tariff rate from 10 per cent to 15 per cent

The move comes a day after ⁠the ‌US Supreme Court ruled ‌against ‌the ‌tariffs Trump ⁠imposed under an ⁠economic emergency law.

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Artificial intelligence

China’s tech giants pursue AI, semiconductor talent in US amid fierce rivalry

US-China trade war

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

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US-China trade war

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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A block with the symbol, atomic number and mass number of Gallium. Illustration: Reuters
A block with the symbol, atomic number and mass number of Gallium. Illustration: Reuters
US-China relations

China’s extreme 996 work schedule meets US tech’s hustle culture

Why advocates believe 996, the controversial 9am to 9pm, six-day-a-week culture popularised in China, can give American firms decisive edge.

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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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US-China trade war

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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Jacob Helberg, the State Department’s Under Secretary for Economic Affairs, believed the US$200 million in government funding would make “millions of smartphones more competitive”. Photo: Getty Images
Jacob Helberg, the State Department’s Under Secretary for Economic Affairs, believed the US$200 million in government funding would make “millions of smartphones more competitive”. Photo: Getty Images
US-China trade war

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

White House deflects as Trump weighs Taiwan arms sale delay amid Beijing pressure

New weapons package said to be in jeopardy ahead of Trump-Xi summit, raising concerns over Beijing’s leverage and US policy on Taiwan.

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US-China trade war

Has Trump ceded EV market to China with latest string of policy shifts?

Analysts say rolling back regulations pushes US further towards petrol cars, discourages EV innovation, and gives China competitive edge.

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The BYD Explorer vessel docks at Yantai port in eastern China’s Shandong province as it awaits the loading of Chinese electric vehicles for export overseas. Photo: AFP
Cryptocurrency

‘Sentiment is bleak’: bitcoin declines amid geopolitical tensions

Bitcoin prices drop as much as 3.2 per cent to US$66,604 on Tuesday, before paring the decline.

Many bitcoin investors see US$60,000 as a key support level for the world’s leading cryptocurrency. Photo: Shutterstock
Many bitcoin investors see US$60,000 as a key support level for the world’s leading cryptocurrency. Photo: Shutterstock
US-China relations

Open Questions | Why Trump’s April trip to China may not deliver ‘grand bargain’: James Zimmerman

The American Chamber of Commerce in China chairman says this year’s expected Trump-Xi meetings can put countries on a ‘visionary’ path.

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Yuan

‘The Trump factor’ could be luring more foreign investors to China. Here’s why

Global volatility is forcing a rethink of traditional safe havens, creating opportunities for Beijing, prominent investor says.

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US-China trade war

Trump faces rare pushback within his party over tariffs as polls slide

Pressure builds as Republican fractures emerge, a symbolic House vote on tariffs advances and a pivotal Supreme Court ruling looms.

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House Speaker Mike Johnson (left) has repeatedly used procedural tactics to shield President Donald Trump from votes challenging his tariff policies, helping preserve Republican unity despite growing dissent. Photo: AP
China consumption

Time on happy hour as French wine and spirit sales sour in mainland China, US

French alcohol exports to mainland China and the US dropped by 19.5 and 21 per cent in 2025 as tariffs stifled global trade.

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US tariffs hit French wine and spirits shipments hard last year, playing a major role in the overall drop of 8 per cent in value of one of France’s top exports, according to a trade body. Meanwhile, exports to the US slumped by 21 percent. Photo: AFP
US tariffs hit French wine and spirits shipments hard last year, playing a major role in the overall drop of 8 per cent in value of one of France’s top exports, according to a trade body. Meanwhile, exports to the US slumped by 21 percent. Photo: AFP
US-China relations

US seeks fair China competition, looks to realign Latin America ties

Scott Bessent says Washington wants to reduce security risks without decoupling from Beijing as it steps up engagement across Latin America.

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US-China relations

China may overtake US economically, still risk war in Taiwan Strait: survey

Most forecasters expect US military dominance to endure, even as many believe mainland China may try to seize Taiwan within a decade.

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US-China relations

As Bessent tips next US-China trade talks, analysts see Trump-Xi meeting prep

Treasury Secretary Bessent confirms preparations for high-level dialogue, with analysts expecting a focus on specific transactional wins over a relationship reset.

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US Secretary of the Treasury Scott Bessent speaks in the Oval Office of the White House in December. Photo: Getty Images
US Secretary of the Treasury Scott Bessent speaks in the Oval Office of the White House in December. Photo: Getty Images
China trade

China-Canada canola deal faces test as USMCA trade talks loom, insiders warn

Initial shipments bring hope, but ‘Fortress North America’ threat and lack of long-term guarantees leave producers wary of Beijing’s commitment.

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US-China trade war

US Treasury chief warns of China’s push for digital asset dominance

Scott Bessent tells senators the US must pass the Clarity Act to counter Hong Kong’s ‘sandbox’ and maintain global financial leadership.

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Belt and Road Initiative

Trump wants China out of South America – but Peru’s Beijing-backed port is abuzz

Beijing’s hunger for minerals and raw materials is pushing trade in the region to record levels, even after incidents in Panama and Venezuela.

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A container is lifted by a crane at the Chinese-funded Chancay port in Peru, on October 29, 2024. Photo: AP
US-China trade war

Exclusive | US defends new minerals alliance, rejecting claims it targets China

Washington says the Forge initiative is about securing supply chains against shocks and price coercion, not building an exclusive bloc.

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Mignon Houston, deputy spokeswoman for the US State Department, on Thursday in Washington. Photo: Handout
Mignon Houston, deputy spokeswoman for the US State Department, on Thursday in Washington. Photo: Handout
US-China trade war

US pitches critical minerals plan to allies to halt Beijing’s dominance

More than 50 countries encouraged to back US-led framework using price floors and financing to blunt Beijing’s control of hi-tech materials.

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China food security

China signals strong soybean imports – what does it mean for food security?

Beijing also vows broader agricultural opening while safeguarding domestic production and farmers.

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US-China relations

Top US trade official spells out plan to break China’s grip on critical minerals

Howard Lutnick accuses China of dumping and weaponising supply chains as White House tries to rally allies to its cause.

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US officials (from left) Interior Secretary Doug Burgum, President Donald Trump and Commerce Secretary Howard Lutnick are using various methods to try to reduce American dependence on China’s critical minerals supplies. Photo: AP
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