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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 gestures at the White House in Washington on Thursday after a national address focusing heavily on US election security. Photo: AP
US-China relations

Many allegations, little evidence: unpacking China election-interference records

Declassified US intelligence files showing millions of Americans’ voter information do not back Trump’s claims Beijing hacked 2020 election.

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US-China relations

US to toughen up visa regulations for Chinese journalists, foreign students

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China manufacturing

The next rare earths? Why US fears another Chinese manufacturing advantage

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US-China relations

Trump intel pick to play ‘helpful’ role in agreeing economic strategy with China

Jay Clayton says US can still work together ‘on the world stage economically’ with Beijing despite the geopolitical challenges they face.

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Jay Clayton testifies during a Senate Intelligence Committee hearing on his nomination to be the Director of National Intelligence in Washington on Wednesday. Photo: AFP
China-EU relations

EU accuses China of seeking to reshape global order in stark new strategy paper

China trying to ‘reshape the global order in line with their interests’, EU says in some of bloc’s strongest official criticism of Beijing.

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Banking & finance

China increases holdings of US Treasuries despite diversification trend

Overall foreign holdings climb to US$9.371 trillion in May, with China’s rising to US$659.3 billion after hitting an 18-year low in April.

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United States

US must act quickly to counter China’s growing tech progress, lawmakers told

Analysts claim Washington needs to slow down Chinese momentum and speed up US technology advances now or fall well behind the Asian giant.

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Witnesses told lawmakers at a Congressional round table on Tuesday that the US needs to implement new strategies to counter Beijing’s growing prowess in the global technology industry, especially AI. Photo: Shutterstock
Hong Kong

US says Nvidia’s H200 exports to China remain ‘trivial’ despite approvals

US commerce official Jeffrey Kessler says only a ‘very small quantity’ of AI chips have reached mainland China and Hong Kong so far.

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China trade

China headed for US$1 trillion trade surplus as exports soar

Torrid pace of export growth in June, fuelled by global AI boom, keeps country on track for another huge surplus despite Iran war headwinds and big rise in imports.

Semiconductors

Global AI boom sees China’s chip exports nearly double in first half of year

Exports of automatic data processing machines and parts jumped more than 41 per cent to top US$138 billion.

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A staff member tests chips in a workshop at the Zhangjiang Hi-Tech 895 Incubator in Shangahi’s Pudong New Area on July 8. Photo: Xinhua
China trade

China’s trade surges in first half of 2026, extending growth streak

Exports rose by 27 per cent year on year and imports grew by 36 per cent last month, both beating projections.

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Containers at a port in Nanjing in China’s Jiangsu province. Photo: AFP
Global monetary policy

Amid rising dollar risks, Plaza Accord-style unity not feasible: ex-IMF adviser

Economic historian Barry Eichengreen says if current policy paths persist, modern rifts could bring about a confidence crisis in the US currency.

US-China relations

US tariff probe unlikely to derail autumn Xi-Trump meeting: analysts

Experts say both sides remain focused on trade negotiations and new tariff-free mechanisms despite fresh investigations.

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US-China relations

Pentagon invests US$25 million into rare earths start-up ReElement Technologies

The move is part of a push by the US to boost domestic supplies of critical minerals and challenge ‌China’s dominance of the sector.

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The Pentagon in Arlington, Virginia. Photo: Reuters
Electric & new energy vehicles

Why ‘reverse tech transfer’ from China won’t happen in the US auto industry

Experts say political resistance blocks technology transfer that could help US carmakers compete with Chinese rivals.

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BYD has grown into the world’s leading electric vehicle maker, expanding rapidly overseas even as it faces mounting trade barriers in major Western markets. Photo:Reuters
US-China relations

China accuses US of ignoring Trump, Xi rapport and targeting Chinese firms

Beijing claims US misused its power by blacklisting more than 60 Chinese companies after goodwill generated at Trump-Xi summit in May.

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Donald Trump’s China policy

Did Trump’s tariffs paint the US into an economic corner?

The US and China have secured a fragile truce, but analysts warn Washington’s protectionist pivot marks a structural shift likely to last.

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United States

Why Christmas trees are causing a ruckus in the US-China trade war

US growers urge officials to keep tariffs on Chinese-made artificial trees, saying lower duties threaten family farms and livelihoods.

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American Christmas tree growers argue that lower-priced artificial Christmas trees imported from China threaten family farms. Photo: Getty Images
US-China relations

2 men sentenced for roles in trafficking fentanyl analogues from China to the US

Accused were among nine individuals charged and convicted for their part in importing more than one metric tonne of drugs into the US.

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Banking & finance

Yuan: global ambitions

Chinese President Xi Jinping wants the yuan to be a “strong currency”, with widespread use in international trade and foreign exchange markets. Achieving this goal would pare the US dollar’s global dominance and reduce risks from sanctions.

US-China relations

Is China’s biggest daily US soybean order confirmation of Xi-Trump summit pact?

The 472,000 tonnes sold were the most in a single day since November and a ‘positive signal’ of Beijing’s intentions, analysts said.

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Chinese buyers committed to 200,000 tonnes of new-crop soybeans from the US, according to USDA data to the end of June. Photo: AP
China-Latin America relations

A year into Trump’s tariffs, Brazil trades less with US and more with China

Trading report lands as USTR weighs extra 25 per cent levy and Flavio Bolsonaro tells hearing that Lula ‘licks China’s boots’.

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A worker washes coffee beans at a plantation near Pocos de Caldas, Brazil. Brazilian coffee exporters now sell most of their produce to Europe. Photo: AP
Trade

China’s worker protections scrutinised as US weighs forced-labour tariffs

Business groups clash with labour advocates at USTR hearing over whether new tariffs would improve workers’ rights or raise costs.

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US-ally trade wars

Spain plays down Trump’s trade embargo threat, saying there is ‘no tension’

US president threatened to cut off trade with Spain over its defence policy, but Madrid says relations are ‘calm’ and ‘positive’.

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China's economic recovery

What was China’s FDI last year? US$174 billion keeps it the world’s No 3 source

As China redraws global investment map, mainland firms use leading roles to secure critical supply chains with overseas plans.

People are seen on the terrace of a shopping mall overlooking the central business district in Beijing. China was the world’s third-largest source of foreign direct investment in 2025. Photo: Reuters
China trade

Beijing seeks chip stability and fair market access during Dutch trade mission

Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access.

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The Netherlands’ trade minister, Sjoerd Sjoerdsma (left), shakes hands with China’s commerce minister, Wang Wentao, in Beijing on Tuesday. Photo: Ministry of Commerce
Banking & finance

China extends gold-buying binge to 20th month in Beijing’s de-dollarisation push

PBOC’s bullion holdings keep rising as forex reserves dip in June to US$3.42 trillion and the central bank seeks security from sanctions and US market volatility.

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US-China tech war

Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies

Ruling gives Chinese firm temporary relief in closely watched legal battle that could decide whether Pentagon blacklist is legitimate.

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