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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.
Soybeans are loaded into a truck in August so they can be hauled to an elevator in the US state of Illinois. Photo: TNS
China trade

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

China-India relations

Trump, Modi have ‘warm’ phone call – but 2025 unlikely to end with a trade deal

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US-China relations

Senior Democrat urges Rubio to fill Arctic post and halt rise of China, Russia

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China-Latin America relations

Mexico slaps tariffs of up to 50% on Chinese goods as US trade pact review looms

Beijing criticises the duties as damaging to its interests, as Mexico defends them as vital to support domestic producers.

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Mexican President Claudia Sheinbaum says her government consulted domestic and foreign business leaders before finalising the tariff measure. Photo: EPA
China-Japan relations

Donald Trump left facing ‘dilemma’ as China-Japan spat worsens: analyst

White House navigates backing long-time ally Japan while preserving trade truce with China amid fraying ties between the Asian neighbours.

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US-China decoupling

‘Maximum pressure’: why China is taking Mexico’s tariff move ‘very seriously’

Beijing sees Mexico’s move as driven by a wider US pressure campaign – and could take retaliatory measures, analysts say.

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US-China tech war

China may buy Nvidia’s H200 – but homegrown chip strategy here to stay: analysts

Despite Trump easing curbs, domestic chipmakers expected to remain central to Beijing’s tech ambitions.

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The chip industry remains a crucial battleground in the US-China tech rivalry, with the high-end market still dominated by American, Japanese and European companies Photo: Shutterstock Images
Mainland China

US seeks ‘constructive’ reset with China as trade tensions ease: Greer

Trade envoy says Washington aims to steady ties after a bruising tariff year, even as disputes over minerals and AI chips persist.

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Americas and the Caribbean

Mexico lawmakers approve tariff increase on Chinese and other Asian imports

The move, which still requires Senate approval, would affect goods like cars, clothes and steel from China, India, South Korea and elsewhere.

China-Latin America relations

China pledges aid to Latin America, Caribbean with no ‘political conditions’

Third strategy paper of its kind released as Beijing seeks to expand its influence in a region Washington actively courts.

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A container ship arrives at the Port of Balboa in Panama City, Panama, on October 27. Latin America has emerged as a focal point in the competition between Washington and Beijing. Photo: EPA
Banking & finance

China’s sovereign fund reveals it opened London office after Trump win

China Investment Corporation opened its third offshore office in London in December 2024, joining outposts in Hong Kong and New York.

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The City of London financial district’s skyline, as seen from the Thames River. Photo: EPA
US-China relations

China closes capacity and influence gap with US in Asia, power index finds

Think tank says China may weather geopolitical environment but neighbours are ‘anxious about rising tensions and protectionism’.

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China GDP

IMF raises China growth forecast to 5% for 2025, citing resilience

The assessment is up from October’s forecast, with the fund citing government stimulus and lower tariffs as drivers.

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Donald Trump

Trump defends economic record at rally, vows to make US ‘affordable again’

Trump holds a rambling campaign-style rally in Pennsylvania as his administration grapples with voter anxiety about the economy.

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US President Donald Trump dances after speaking at a rally in Mount Pocono, Pennsylvania. Photo: AP
China trade

‘Toothpaste without China’? EU firms must stop Beijing, US overreliance: report

European Union Chamber of Commerce in China urges companies to “eliminate single-source dependencies”.

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A China-Europe freight train leaves the Xian international port station in Shaanxi province on November 17. Photo: Xinhua
China-EU relations

As I see it | How Nexperia became a casualty of the US-China trade war

Unless the two superpowers reach a long-term solution to trade tensions, smaller companies and economies will get caught in the crossfire.

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China trade

US-China tech thaw? Trump clears Nvidia H200 exports – why it matters

It’s a ‘sliding scale’ strategy, analysts say of Trump’s U-turn – preserve American market share while dampening Beijing’s self-reliance push.

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China tariffs

Supply chain guru Victor Fung warns of ‘20% tax’ as tariffs reshape global trade

As governments revive tariffs as a policy weapon, the cost will ultimately be borne by consumers, warns Hong Kong tycoon Victor Fung.

A protester holds a sign outside the US Supreme Court on November 5, 2025. Photo: Reuters
United States

‘A slap in the face’: some US farmers unhappy with Trump’s US$12 billion bailout

US soybean growers, who were hit hardest by tariff disputes, have voiced frustration that overdue funding falls well short of what they need.

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China-EU relations

China leans on German carmakers to help break Brussels tariff deadlock

Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe.

China trade

China’s trade surplus tops record US$1 trillion, defying trade war uncertainty

November outbound shipments increased 5.9 per cent, surpassing forecasts – though exports to US extended sharp decline.

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A drone photo taken on December 4 shows a cargo ship loaded with containers departing from Qingdao Port in east China’s Shandong province. Photo: Xinhua
Made in China 2025

Exclusive | China’s oldest shipyard Jiangnan plans world’s first nuclear-powered vessel

Construction on 25,000-container ship could start in the next 10 years, but a lot remains to be done, a top executive says.

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A model of a nuclear-powered container ship is displayed at the Marintec China expo in Shanghai last week. Photo: China News Service/VCG via Getty Images
US-China relations

Why China may be better placed than US in tussle for rare earths

While Beijing has long engaged with resource-rich nations, Trump’s Washington is seen as more ‘aggressive’ and reactive.

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China-Latin America relations

Trump’s national security blueprint aims to combat China’s rise in Latin America

Framework pledges to stop competitors from threatening the stability and political alignment of neighbouring countries in the region.

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US-China relations

China’s vice-premier has ‘constructive’ call with US officials Bessent and Greer

Both sides agree to promote the development of bilateral trade ties to ‘expand the list for cooperation and shorten the list of problems’.

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China’s Vice-Premier He Lifeng had a productive video call with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer on Friday. Photo: AFP
US-China tech war

As China defies US tech blockade, can local AI chipmakers capture Nvidia share?

Vast pool of engineering talent seen as a potent driving force for country’s challenge to US tech supremacy.

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Nvidia’s H20 AI chip was designed for the China market. Photo: Shutterstock
Mainland China

Chinese shipyards shift focus to advanced vessels as rivals gain ground

Chinese shipbuilders accounted for 65 per cent of global orders in the first three quarters, down from nearly 75 per cent a year earlier.

Canada

USMCA urged to form joint mechanism to address China’s national security threats

US, Mexico and Canada encouraged at US trade hearing to oversee ‘pragmatic and specific plan’ to strengthen economic rules against China.

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