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US-China trade war: All stories

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US-China trade war: All stories
Breaking news and analysis on the US-China trade war, its history and timeline, and the impact on the global economy.
Practitioners perform martial art next to a BYD Sealion 7 electric vehicle at Singapore Motorshow on January 9. Photo: AFP
US-China relations

Tesla’s defeat, Harvard’s success, Beijing’s shock: 7 US-China relations reads

From China’s EV power to Hegseth’s new threat, here are highlights from the SCMP’s overseas correspondents in the first half of January 2026.

US-China relations

China dumps more US debt, buys other assets as Trump targets Powell

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Rare earths

US lawmakers propose US$2.5 billion agency to boost production of rare earths

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Rare earths

Trump tackles China’s rare earth grip with talks instead of tariffs

The US president’s new global deal-making drive kick-starts what is likely to be a years-long effort to pare reliance on Chinese critical minerals.

Cobalt mined in Congo is mainly sent to China for refining. (Photo: AFP)
US-China trade war

Trump sets 180-day deadline to counter China’s control of critical minerals

US government warns global suppliers to negotiate agreements to secure reliable, diversified supplies for the US or face new trade hurdles.

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US-China trade war

Why China may buy Nvidia’s AI chips as US eases curbs – and replace them later

As the US reverses Biden-era restrictions, Beijing likely to take advantage – without compromising own industry, analysts say.

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Banking & finance

Growth in sovereign investors’ China exposure slows amid political tensions

Inflows fall 58 per cent as sovereign wealth funds grow cautious, yet outlook signals selective opportunities ahead, experts say.

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Sovereign investment activity has become increasingly politicised, forcing some Western state-owned investors to avoid major deals in China, according to a data platform. Photo: EPA
China trade

As China’s US exports plunge, Beijing banks on diversification for 2026 growth

Shipments to Asean and Africa surged to drive a record US$1.19 trillion surplus for China, offsetting headwinds as leaders push to boost local demand.

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United States

Not ‘Trump-compatible’? China expert Rudd exits Australia’s US ambassador role

Kevin ‌Rudd left his post a year ‍earlier than planned following criticism from US President Donald Trump at White House meeting in October.

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US-China trade war

Trade reset? China, Canada look to revive ties after US tariffs force rethink

Crude, copper and iron top Canada’s exports to China, as prime minister seeks to mend relationship with Beijing.

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Canadian Prime Minister Mark Carne shakes hands with President Xi Jinping at the start of a meeting in Gyeongju, South Korea, on October 31, 2025. Photo: AP
Donald Trump

Video | Trump slaps 25% extra tariffs on Iran’s trading partners

Trump announces tariffs ‘effective immediately’ on economies doing business with Tehran, including India and China, Iran’s largest trading partner.

U.S. President Donald Trump points while sitting next to U.S. Secretary of State Marco Rubio as they attend a meeting with oil industry executives, at the White House in Washington, D.C., U.S., January 9, 2026. REUTERS/Evelyn Hockstein
US-China relations

China’s US embassy decries ‘coercion’ after Trump’s Iran tariff move

China’s embassy opposes Washington’s ‘long-arm jurisdiction’ after Trump announces a 25 per cent tariff on countries doing business with Iran.

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US-China relations

US government abandons plan to blacklist Chinese-made drones

Commerce Department, FCC make U-turn after barring imports of new Chinese drone models in December to address national security concerns.

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US-China relations

Trump-Xi diplomacy put to test thanks to contentious tit-for-tat Covid lawsuits

Unpaid billions of dollars in judgments against China sucks US State Department into escalating legal dispute, but Beijing remains defiant.

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Illustration: Brian Wang
US-China relations

US will end China’s dominance of rare earths, Trump adviser Navarro predicts

The president’s trade aide says American innovation will ‘quickly wipe away’ Beijing’s ‘weaponisation’ of critical minerals.

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White House trade adviser Peter Navarro speaks to reporters in Washington in August. Photo: TNS
United States

Opinion | Why Asia should be concerned about the US attack on Venezuela

Venezuela matters less as a case in itself than as a signal of how energy is being repositioned amid intensifying US-China competition.

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China economy

Price wars in China

Intense price competition in China, known as “neijuan” or involution, is causing deflationary risks, corporate losses, reduced investments and wage pressure.

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US-Venezuela conflict

Not just oil: is Trump’s Venezuela takeover also about critical minerals?

Venezuela, Greenland and Colombia all have large deposits of rare earths and other minerals needed by US technology and defence companies.

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US President Donald Trump, flanked by senior members of his administration, speaks to the press following American military strikes on Caracas, Venezuela. Photo: TNS
US-China relations

California progressive to lead Democrats on influential House China panel

Ro Khanna to replace Illinois Representative Raja Krishnamoorthi, who is making a Senate run, on the House Select Committee monitoring China.

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Hong Kong economy

Opinion | How Hong Kong can complement Hainan’s free-trade port

Jointly designed customs rules could be used in pilot schemes to smooth the customs process for international business.

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US-China relations

Trump orders Chinese-linked firm HieFo to divest US chip assets

Chinese-linked company ordered to unwind its acquisition of US semiconductor assets, citing national security concerns.

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US President Donald Trump is blocking HieFo from acquiring semiconductor-related assets from Emcore, citing national security worries. Photo: AP
Open Questions series

Open Questions | Amid US-China trade war truce, ex-diplomat preaches realism

Daniel Kritenbrink, once the top US diplomat for East Asia, doesn’t see a wider thaw in relations despite upcoming meetings between Donald Trump and Xi Jinping.

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Illustration: Lau Ka-kuen
China trade

How the ‘world’s supermarket’ rode out Trump’s tariffs – and grew even stronger

Yiwu, one of China’s biggest export hubs, was expected to take a hit from US tariffs. Instead, it has seen trade surge.

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US-China relations

China buys two-thirds of pledged US soybeans as 2025 closes

Beijing has moved to reduce tariffs on the crop and lifted import bans on three US exporters after talks between Xi and Trump.

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China trade

China’s January 1 silver curbs to deepen global crunch amid volatility: analysts

Beijing’s new export-licensing system seen squeezing foreign buyers, pushing price towards US$100 an ounce; Elon Musk joins warning chorus.

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Bars of silver are stacked at a processing plant in Glogow, Poland. Spot silver briefly surpassed US$80 an ounce for the first time in December. Photo: Reuters
China trade

China imposes beef-import quota, adds over-quota tariffs to guard local industry

From Thursday, over-quota imports from Brazil, Australia, US and other trade partners face new duties to help local producers recover amid price declines.

Handlers move cattle at a livestock market in Canuelas, Argentina, in October. China is kicking off 2026 with additional tariffs on beef imports exceeding specific quotas for major trading partners. Photo: AP
China food security

Xi renews call to boost grain output after trade war sharpens food security push

Beijing renews push to fortify domestic crop supplies and modernise agriculture amid a tense geopolitical climate.

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US-China tech war

China’s lagging basic research calls for core tech pivot, economic adviser urges

Wang Yiming says Beijing must innovate from the ground up to create deterrents against foreign supply cuts, citing missed R&D spending target.

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