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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.
(FILES) US President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs in Washington on April 2, 2025. Photo: AFP
Donald Trump

Taco Trump tally: US president carries out only 25% of tariff threats

Analysis finds Trump’s tariff threats often go unfulfilled, or retracted, with markets dismissing them as strategic bluster rather than firm policy.

US-China trade war: All stories

US soybean farmers fear China trade blowback as Trump ramps up pressure

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China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

China-Latin America relations

World leaders flock to Beijing in search of trade deals

UK Prime Minister Keir Starmer will be the fifth world leader to visit China this month, as nations seek to increase trade and hedge their reliance on the US.

Photo: AP
Canada

Xi Jinping meets foreign leaders: tracker 2026

World leaders are flocking to Beijing this year, seeking trade deals amid intensified Trump tariff threats.

US-China relations

China coming ‘closer’ to US as ‘global power’, European ex-leader says

Former Portuguese prime minister says Beijing is ‘scoring more points’ in a ‘volatile’ world through economic growth, diplomatic victories.

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China's economic recovery

China’s manufacturing powerhouse cuts 2026 GDP growth target after missing mark

Guangdong province, an industrial behemoth hit by property and global headwinds, shifts focus in a strategic pivot amid national reforms.

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Employees work on a production line for an electric flying car at a factory in Guangzhou, Guangdong province, on November 6. Photo: AFP
United States

Trump raises tariffs on South Korea as country ‘is not living up’ to trade deal

South Korea’s tariffs had declined to 15 per cent but will jump back up to 25 per cent if the US president stays true to his word.

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China-Latin America relations

Xi to meet Orsi in first Latin America-China visit since US capture of Maduro

State visit from February 1 to 7 aims to promote commercial ties with Beijing despite tension in region after US operation in Venezuela.

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Canada

Carney links Trump’s 100% tariff threat to North America trade deal review

Canada’s prime minister calls Donald Trump a ‘strong negotiator’ ahead of high-stakes USMCA talks.

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Canadian Prime Minister Mark Carney said some of US President Donald Trump’s threats should be viewed as bluster. Photo: TNS
China trade

Beyond borders: Beijing equips Chinese firms for global stage amid trade jitters

Ministry of Commerce unveils new resource to help companies navigate the dos and don’ts of complex international markets, and policies will be rolled out appropriately.

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Cranes unload containers from a ship at Huanghua Port in China’s Hebei province on January 15. Photo: Xinhua
China technology

‘Epoch-making’: Xi Jinping urges home-grown AI breakthroughs – but flags risks

The Chinese leader says emerging technologies bring huge opportunities, while warning officials against blind investment.

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Banking & finance

In a turbulent world, funding Asia’s critical infrastructure a ‘duty’: AIIB

New president says private capital and international cooperation essential to funding infrastructure projects across continent.

Commodities

Gold surge has analysts eyeing new highs after US$5,100 record

Safe-haven demand spikes amid de-dollarisation fears and supply-chain tensions, as gold buyers seek stability against growing macro uncertainties.

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Analysts expect the price of gold to continue climbing this year, building on a safe-haven surge. Photo: AFP
US-China relations

US treasury secretary amplifies Trump’s threat to Canada over China dealings

Scott Bessent warns Washington will not allow Canada to become an ‘opening’ for cheap goods from China to pour into the US.

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US Treasury Secretary Scott Bessent. Photo: AP
Consumers

At America’s biggest retail show, the China question never really goes away

Tariffs may ebb and supply chains may detour, but US shoppers – and giants like Walmart and Amazon – still rely heavily on Chinese goods.

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DJI

DJI ‘clones’ curiously emerge as China tech giant battles US scrutiny

Similar devices under new and different brands spark questions about potential efforts to circumvent trade curbs and maintain US market access for popular gadgets.

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China exports

Explainer | How are US tariffs and trade barriers redrawing China’s export map?

While exports to the US fell last year, other markets more than made up the difference.

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Containers awaiting shipment at the Longtan Container Terminal in Nanjing, Jiangsu province on January 14. Photo: AFP
Defence

China reliance and tariff wars emerge as top risks for global defence industry: report

Consultancy warns geopolitical tensions and supply chain exposure are reshaping risk calculations for military manufacturers.

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China GDP

Exclusive | China to set GDP growth range, providing policy flexibility in 2026: sources

Establishing a range for the official growth target, to be revealed in March, would suggest tolerance for some deceleration amid challenges.

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US-China relations

US and Canada drift apart on China as Ottawa rethinks Beijing ties

Policy gaps are emerging after PM Mark Carney struck a wide-ranging deal with Beijing, testing past US-Canada alignment, analysts say.

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Canadian Prime Minister Mark Carney told Chinese President Xi Jinping last week that “together we can build on the best of what this relationship has been in the past”. Photo: Reuters
US-China relations

Opinion | China has Trump 2.0 to thank for emerging stronger in tech and trade

As intense US-China competition becomes the new normal, pressure has strengthened China’s capacity to adapt rather than deter it from its long-term ambitions.

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President Xi Jinping attends a high-level reception to ring in the Lunar New Year at the Great Hall of the People in Beijing, on January 27, 2025. Photo: Xinhua
European Union

Macroscope | Why Europe struggles to stand up to Trump

Despite being equipped with powerful tools in its economic arsenal, Brussels lacks the leverage needed to keep Washington in check.

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US Treasury

‘Not sustainable’: China central bank adviser flags US debt risk

As concerns mount over America’s ballooning debt, one of Beijing’s economic advisers warns fiscal discipline may not be on cards.

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Mainland China

Trump’s decision to sell AI chips to China under pressure as House bill advances

A key Republican challenges White House AI czar and Nvidia despite Maga backlash; it must still pass both chambers and get Trump’s signature.

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The Trump administration approved the sale ​of Nvidia’s H200 chip to China earlier this month. Photo: Shutterstock
United States

Beijing-Ottawa deal reinforces China’s dominance in EV industry, analysts say

New agreement is set to significantly boost Chinese carmakers’ global expansion and offers easier entry into the North American EV market.

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Canadian Prime Minister Mark Carney met Chinese President Xi Jinping in Beijing last Friday, where the pair announced a new strategic partnership that will open Canada up to Chinese electric vehicles. Photo: Reuters
United States

Trump lays out Greenland-Arctic deal framework, pauses February tariffs

In his speech to the World Economic Forum in Davos, the US president vowed not to invade Greenland while slamming Nato and Europe.

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Mainland China

Chips, soybeans, tariffs: what’s on tap for US-China talks before a Trump visit?

Analysts expect any pre-summit talks to focus on deliverables such as easing semiconductor curbs and boosting agricultural sales, setting the stage for Xi and Trump.

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