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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.
US President Donald Trump, left, talks to Chinese President Xi Jinping as they shake hands after their talks in South Korea in October. Photo: TNS
United States

Trump’s tariff investigation ‘bluff’ will not work on China, analysts warn

Beijing has grown wise to the US president’s ‘art of the deal’ tactics and will not be fazed by the new Section 301 investigations, analysts say.

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United States

US launches trade probe into China and EU in bid to revive Trump tariffs

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China manufacturing

China’s industrial policy goes global, challenging decades of free market rule

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China-Latin America relations

Amid China cable fallout, Chile’s president ends term, calls for unity

Undersea fibre-optic cable project linking Chile to Hong Kong enraged US, causing dispute that defined Gabriel Boric’s final weeks in office.

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Chilean President Gabriel Boric leaves the La Moneda presidential palace in Santiago after his four-year term ended on Wednesday. Photo: Handout
China-Latin America relations

US threats and a Chinese cable scandal mark first day for Chile’s new president

The US forced Chile to cancel a Chinese undersea cable. Now the region is asking who gets to decide what infrastructure Latin America builds.

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China’s private sector

Eli Lilly boosts China footprint with US$3 billion plan to expand supply chain

US firm is strengthening its China operations amid an intensifying expansion race with other pharmaceutical giants.

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Two Sessions 2026

China’s ‘two sessions’ 2026: everything you need to know

From US ties post-Iran to new tech innovation strategies, here is everything you need to know about China’s ongoing ‘two sessions’.

Delegates exit the venue after the second plenary meeting of the Fourth Session of the 14th National People’s Congress (NPC) of China in Beijing. Photo: EPA
US-China relations

Mainland Chinese see Taiwan positively, won’t retreat from US trade war: survey

China Pulse polling study gives rare window into views of ordinary people on mainland, where opinions are often restricted or even banned.

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2026 Trump-Xi summit

Exclusive | Could China’s rare earth supplies dictate how long US strikes on Iran go on?

The American military’s dependence on Chinese sources gives Beijing leverage in the lead-up to Trump’s trip, sources say.

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US-China relations

From ‘love and hate’ to nationalism, can Xi and Trump rebalance ties?

Chinese scholars say the US-China relationship has changed, and there’s a chance for the two powers to steer away from confrontation.

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US President Donald Trump is expected to visit Beijing and meet Chinese leader Xi Jinping at the end of the month. Photo: TNS
Hutchison’s Panama ports deal

China summons Maersk, MSC on shipping operations amid Panama saga, Iran war

Beijing gave no reason for order – but both firms at centre of dispute after Panama ruled against CK Hutchison’s operation of two ports.

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The main entrance of the port of Balboa in Panama City, taken on February 12. Panama Ports Company (PPC), a subsidiary of Hong Kong conglomerate CK Hutchison Holdings, is seeking US$2 billion in damages from the Panamanian government over what it described as the “illegal takeover” of the operations of two ports at either end of the strategic canal. Photo: AFP
China exports

China’s exports surge 21.8% to start 2026 – biggest gain in 4 years

Despite an 11 per cent drop in US exports, China’s trade soared, buoyed by robust demand from Asean, the EU and other markets.

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Mainland China

US to counter China’s critical minerals dominance with innovative upgrades

New improvements in recycling electronic waste, refining and processing can close the gap on China, says Department of Energy official.

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US-China relations

China-US trade relations may reach a ‘tactical truce’, as 2 superpowers talk

Foreign companies in China quietly confident on US ties, but are bracing for ongoing geopolitical tensions.

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Companies in southern China are feeling growing confidence in the state of US-China relations. Photo: AFP
US-China relations

US and China clash over fentanyl and tariffs at global drugs meeting

The exchange underscored tensions ‌between the two countries ahead of the Trump-Xi meeting in China at the end of the month.

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A US Drug Enforcement Administration chemist checks confiscated pills containing fentanyl in New York in October 2019. Photo: TNS
2026 Trump-Xi summit

Exclusive | Trump’s China visit confined to Beijing due to schedule, security needs: sources

‘Given the situation [in the Middle East], the visit’s security arrangements must be extremely careful’.

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Rare earths

US firms face ‘economic bind’ as China mineral truce fails to ease shortages

Businesses hope US President Donald Trump’s visit to China in late March will ease bottlenecks.

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Two Sessions 2026

Is Trump’s China trip still on? Despite Iran, Wang Yi sees potential

Chinese foreign minister suggests the summit with Xi is still on track and high-level engagement remains key.

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A Xi-Trump summit could still be on, despite the turmoil in the Middle East. Photo: Reuters
US-China relations

As US universities retreat from China, who is filling the academic void?

Many elite Sino-American ventures have ended under the strain of geopolitics but other, more diverse, programmes are emerging.

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United States

US tariff refund system to be ready in 45 days, after Trump duties struck down

The US customs agency is trying to hammer out a process for returning US$166 billion in tariff ‌payments to around 330,000 importers.

Yuan

Beijing vows yuan stability, fires back at currency-depreciation claims

PBOC governor reaffirms yuan stability, refuting trade partners’ accusations ahead of critical US talks in Paris.

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A woman walks by an exchange shop decorated with banknotes. There has been mounting pressure from China’s trade partners to allow the yuan to strengthen. Photo: Felix Wong
Two Sessions 2026

China vows support for tech, trade rebalance, stock reforms - as it happened

The heads of China’s major economic institutions detailed plans for growth, trade and tech on the sidelines of the ‘two sessions’.

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Chinese Minister of Commerce Wang Wentao, left, speaks during a press conference on the economy in Beijing. Photo: EPA
Two Sessions 2026

China targets lowest growth range in 35 years as pressures rise

Beijing to prioritise hi-tech over stimulus-driven growth with focus on the people in notable shift, premier’s work report to NPC reveals.

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US-China relations

Opinion | China waits and watches as the US fights all its tigers at once

Far from freeing up resources to focus on China, Trump’s administration finds itself fighting fires on several fronts, sapping its resources.

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China trade

Despite loss of Panama Canal, China investing US$23.9b in global seaports: study

Beijing funds 363 ports outside the Panama Canal to safeguard against East-West decoupling and US bid to curb China’s supply chain influence.

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A view of the Port of Balboa, managed by CK Hutchison Holdings based in Hong Kong, at the entrance to the Panama Canal in Panama City. On February 24, 2026, Hong Kong-based conglomerate CK Hutchison objected to a takeover by Panamanian authorities of two ports its subsidiary previously controlled on the Panama Canal. Photo: AFP
Donald Trump

Trump’s 15% global tariffs likely to start this week, US Treasury chief says

US president imposed a 10 per cent levy after the Supreme Court invalidated his previous measures, then threatened to raise it further.

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US Treasury Secretary Scott Bessent speaks at the Economic Club Of Dallas in Texas in February. Photo: AFP
US-China relations

Iran war leaves China in foreign policy divide

China is leading opposition to US-Israeli strikes on Iran, while also seeking to avoid a breakdown in its relationship with Washington.

US-China relations

China and US to hold high-level talks in Paris before Trump’s Beijing visit

Delegates to discuss trade and investment deals amid rising global tensions in lead-up to President’s first visit since returning to power.

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