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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.
The Ningbo-Zhoushan Port is seen on Thursday in China’s Zhejiang province. The nation’s trade resilience has been attributed to its fastest-growing sectors having limited exposure to the United States. Photo: Xinhua
China trade

Breaking | China records US$1.19 trillion trade surplus in 2025 as exports jump 5.5%

Manufacturers diversified markets to offset US declines, while December shipments beat forecasts with stronger-than-expected results.

Mainland China

US government approves Nvidia H200 chip exports to China

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United States

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

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China tariffs

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
US-China relations

Opinion | Trump’s audacious imperialism will only propel China’s rise

Far from setting China back, Trump’s foreign policy is bolstering the case for viewing Beijing as the driver of a more equitable world.

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China manufacturing

Fears over China’s trade surplus misplaced as West also driving trend: analysts

China’s global manufacturing dominance is a tale of two halves; reliant on home-grown industrial growth and Western consumption, experts say.

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China trade

Will Trump’s Iran tariffs send China searching for new oil sources?

Analysts urge China to protect strategic interests abroad after unexpected announcement, which is likely to push up oil import costs.

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China, Iran’s largest trading partner, would be among the countries most affected by new US tariffs targeting Tehran’s commercial ties. Photo: Reuters
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.

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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China's economic recovery

China prioritises export controls, supply chains to shield economy in 2026

Commerce ministry also pledges to boost domestic demand, services and two-way investment over coming year.

Beijing has deployed export controls amid the US-China trade war as well as trade and diplomatic disputes with other countries. Photo: AP
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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A US farmer uses a DJI drone to put crop cover on his farm in Hickory, North Carolina. The Trump administration has dropped a plan to impose restrictions on Chinese-made drones. Photo: AP
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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China shipbuilding

China’s shipyards still lead the world, but US threats took a toll in 2025

Chinese shipbuilders saw their market share dip for the first time in five years in 2025, as uncertainty over US port fees roiled the industry.

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China trade

With US focused on Venezuela, China has window to pressure Japan: analysts

Beijing’s trade actions raise stakes with Tokyo, as China’s rare earth power and Japan’s chip dominance are seen as potentially key levers in their bilateral dispute.

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A worker helps make semiconductor chips for export at a factory in China’s Shandong province. Japan has a commanding market share in semiconductor equipment and materials. Photo: AFP
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
China's economic recovery

China says US trade war, tech curbs have spurred ‘independent innovation’

In the first year of new five-year plan, party mouthpiece says list of ‘chokepoint technologies’ is narrowing.

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Artificial intelligence

China to probe Meta’s purchase of Manus over export controls, tech concerns

Probe comes amid concerns the US$2.5 billion acquisition could breach tech export controls and encourage more start-ups to relocate offshore.

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Electric & new energy vehicles

BYD’s win, Tesla’s defeat, Ford’s pivot: the widening gap in US-China EV markets

From wavering policy to cost gaps, analysts say decades of state backing have given China a decisive edge over US rivals.

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Cars come off the assembly line at BYD’s plant in Zhengzhou, central China’s Henan province. Photo: Xinhua
US-Venezuela conflict

US won’t rule out pressuring Venezuela to curb China, Russia ties

White House vows continued ‘American dominance in the western hemisphere’ as Trump claims Caracas will now buy ‘only American-made’ products.

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China trade

China initiates anti-dumping probe against Japan over key semiconductor chemical

Beijing’s investigation targets imports of dichlorosilane from Japan, alleging dumping that harms Chinese production, amid escalating bilateral and trade tensions.

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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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A man walks past a sculpture outside a building of Venezuela’s state oil company PDVSA in Caracas, Venezuela, on May 17, 2019. Photo: Reuters
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.

Price wars in China
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-Venezuela conflict

China, Russia won’t ‘dare test’ US, says Hegseth after Venezuela military op

US Secretary of Defence believes show of ‘absolute deterrence’ sends clear message to their ‘enemies’ and the ‘world is taking notice’.

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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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Ro Khanna has been named as the senior Democrat on the bipartisan House Select Committee focused on competition with China. Photo: TNS
US-China relations

Trump seen as top global risk in 2026 as US slips further behind China

Forecast warns China’s shift towards an ‘electro-state’ could widen the gap with the US, even as deflation clouds Beijing’s outlook.

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US President Donald Trump listens as he was speaking with reporters on Air Force One on Sunday. Photo: AP
US-China relations

Open Questions | ‘Embrace the moment’: on China, Daniel Kritenbrink puts pragmatism first

Former US ambassador to Vietnam says a return to the past for US-China relations is unrealistic, but both economic powers benefit from ties.

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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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