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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.
Chinese President Xi Jinping addresses the opening of a study session on January 20. Photo: Xinhua
US-China relations

Editorial | China now holds more cards ahead of Xi-Trump meeting

US Supreme Court reversal of Trump’s tariffs leaves China with lower tariffs and US deals with allies in doubt.

China shipbuilding

Exclusive | Top shipbuilding voice Li Yanqing rebukes Washington’s ‘China threat’ narrative

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Taiwan

As I see it | Taipei must break free of its abusive relationship with Washington

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US-China relations

Exclusive | China scours for Trump bargaining chips ahead of Beijing summit with Xi: sources

Government departments are tasked with researching and assessing likely demands by the US leader as well as formulating possible concessions.

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Chinese President Xi Jinping welcomes US President Donald Trump outside the Great Hall of the People in Beijing during the American leader’s 2017 visit. Photo: Xinhua
China exports

After Trump’s tariff setback, will US firms rush to stockpile Chinese goods?

Front-loading expected but not at levels seen ahead of last year’s sweeping “Liberation Day” duties, analysts say.

Hong Kong economy

Hong Kong exports surge 33.8% in January thanks to rebound from 2025’s low base

Value of Hong Kong’s exports of goods rose in January to HK$520.6 billion.

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China exports

As China’s firms go global, foreign expertise is becoming a hot commodity

Chinese companies are rushing to hire a range of service contractors to help them expand overseas – from compliance experts to TikTok gurus.

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Many content creators are helping Chinese manufacturers expand their reach on overseas social media platforms. Photo: EPA-EFE
US-China relations

China’s rare earth curbs hit US aerospace, chips hard despite trade truce

American firms face deepening yttrium and scandium shortages, threatening jet engine coatings and 5G chip production.

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US-China relations

Xi-Trump talk plans rattled by chaotic US team: ‘the worst I’ve ever seen’

Analysts warn thin US coordination and rushed timelines risk weak deliverables and surprises ahead of high-stakes Beijing meeting.

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China-EU relations

China-EU trade ties are at a crossroads. Could tech bridge the divide?

A hostile Washington is creating openings for a reset – but deep-seated issues remain, analyst says.

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China-EU relations have suffered in recent years, but the Trump administration’s hostility towards the bloc has raised hopes for a reset. Several high-profile European leaders have headed east in recent months, though deep concerns over China’s export machine remain. 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.

Photo: Reuters
United States

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

Trade envoy confirms levies on Chinese goods to remain within range of 35 per cent to 50 per cent depending on the product as tensions ease.

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China trade

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

Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’.

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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.

The yuan has appreciated steadily in recent months. By contrast, the US dollar has remained under sustained pressure, with investor confidence sapped by persistent concerns over the Trump administration’s policy volatility and fears over long-term fiscal sustainability. Photo: Reuters
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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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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Illustration: Craig Stephens
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.

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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US President Donald Trump (left) meets Chinese leader Xi Jinping on the sidelines of the G20 summit in Osaka, Japan, on June 29, 2019. Photo: AP
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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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.

Critical minerals rivalry expands to copper, silver
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.

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