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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 ambassador to the UN Mike Waltz speaks after a United Nations Security Council meeting earlier this month. Photo: AFP
United States

US envoy Waltz touts ‘America first’ policy, budget cuts in Senate swipe at UN

US ambassador to UN joined other Washington envoys hailing US-led cost-cutting, efficiency drive and streamlining of UN’s cumulative ‘bloat’.

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US-China relations

‘No alternative’: Yellen defends dollar dominance, calls to preserve China trade

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China-Latin America relations

China and the US want rare earths. Brazil will share – on one condition

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2026 Trump-Xi summit

Exclusive | Trump-Xi summit shaped by uncertainty, not strategy: experts

War distractions and limited goals risk turning Beijing talks into optics over substance, as expectations shrink and planning falters.

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Illustration: Lau Ka-kuen
China-Middle East relations

Xi’s meeting with Abu Dhabi crown prince highlights Gulf turn towards China

Analysts said the trip was a sign that the UAE was seeking ‘more reliable partners’ in the wake of the US-Israeli war on Iran.

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China trade

China’s March trade

Exports from China slowed while imports surged in the first full month of trade data following the outbreak of the US war against Iran on February 28.

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China-EU relations

Brussels must resist ‘passive’ role in US-China trade war, EU chamber urges

European companies keep becoming ‘collateral damage’ in others’ disputes, laments president of the European Union Chamber of Commerce in China.

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Jens Eskelund, president of the European Union Chamber of Commerce in China, said European companies have suffered “significant operational and financial damage” while trying to navigate Beijing’s export controls on rare earths. Photo: EPA-EFE
2026 Trump-Xi summit

Could Trump’s Hormuz blockade derail China summit with Xi Jinping?

US president’s move forces China into political dilemma and could create a flashpoint ahead of his meeting with Chinese leader, analysts say.

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Donald Trump

Trump’s tariff powers tested again as court questions ‘deficit’ justification

Court weighs Section 122 tariffs as plaintiffs warn of shifting tactics and judges probe limits of ‘balance of payments’ claims.

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2026 Trump-Xi summit

High fertiliser prices mean more soybeans for farmers – and greater reliance on China

Analysts question the cost of China deploying ‘fertiliser diplomacy’ and boosting soybean purchases ahead of the Trump-Xi summit.

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Fertiliser prices have surged amid global supply disruptions and export curbs, squeezing farmers and reshaping crop decisions. Photo: Shutterstock
US-China relations

Opinion | A stark clash of world views will overshadow Trump’s visit to China

As Xi and Trump prepare to meet, the divergence between their visions of global order has never been more acute.

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Illustration: Craig Stephens
China-Latin America relations

Cattle prices rocket as Brazil set to exhaust Chinese beef quota by May

As Beijing tariff nears, Brazil’s exporters are rapidly reaching their quota for China, forcing South American industry to seek new buyers.

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US-China relations

How can Beijing prepare for Trump’s ‘drunken boxing’ style before he meets Xi?

As Trump loomed large in both Iran war and subsequent pause, analysts weigh the importance of rhetoric vs results in his talks with China.

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2026 Trump-Xi summit

Trump-Xi summit set for limited trade-focused agenda

US goals for May’s presidential summit focus on stability and specific trade deals rather than an overall relationship reset.

US Trade Representative Jamieson Greer. Photo: Reuters
US-China relations

US-China ties are critical in dangerous new ‘might-is-right world order’: Dalio

Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order.

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Ray Dalio, founder of Bridgewater Associates, speaks at The Wall Street Journal’s Future of Everything Festival in May 2024. Photo: Reuters
2026 Trump-Xi summit

Only virtual talks, no new investment push before Xi-Trump summit: Greer

US Trade Representative underscores US seeks substantial tariffs, unhindered rare earth access, and a stability-preserving leaders’ meeting.

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China GDP

Open Questions | Andrew Tilton on China’s economic trajectory in wake of Iran war

Goldman Sachs’ chief Asia-Pacific economist says worst is over in terms of property slump’s impact on China’s economic growth.

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China-Australia relations

Australia’s 180-degree shift from 5 years ago: China in favour; US out

Aussie comedian exposes the truth about nation’s feelings towards US president, democracy and public safety.

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An Australian tour revealed the nation’s growing sentiment of warming to China, while Trump’s tariffs and foreign policy have increasingly seen the US viewed with suspicion or as ‘unsafe’. Photo: AP
US-China relations

‘Liberation Day’ anniversary, war on Iran, Taiwan’s KMT visits Beijing

This week: One year since Trump’s ‘Liberation Day’, China proposes Iran war peace plan in partnership with Pakistan, Hong Kong retains IPO crown. Next week: Taiwan’s Kuomintang leader visits mainland, Chinese airlines raise fuel surcharges, factory-gate prices may end slump, and more.

Iran

The US-China trade war 1 year on: who really holds the upper hand?

A fragile truce prevented all-out confrontation, but Beijing and Washington remain locked in a struggle few analysts see easing any time soon.

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China-Latin America relations

Rubio raises concerns over China’s detention of Panama-flagged ships

Panama’s decision to strip Panama Ports Company of its concessions is a test of US backing for countries challenging China, experts say.

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US Secretary of State Marco Rubio at the G7 Foreign Ministers’ meeting in Paris last month. Photo: Reuters
Mainland China

As Xi-Trump summit approaches, tariffs continue to choke direct trade

Deficit with mainland hits two-decade low as trade shifts to Taiwan, Mexico and Vietnam amid tariff fallout and efforts to stabilise ties.

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Shipping containers wait to be transported along a railroad at the port of Los Angeles in Long Beach, California, one of the busiest gateways for US trade. Photo: Reuters
China GDP

‘False proposition’: state media hits ‘China shock’ as cover for Western anxiety

The state-run Economic Daily says the real problem with the global economy is not China’s strong exports, but rising protectionism.

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US-China relations

China targeted in US birthright citizenship debate, but court justices sceptical

China benefiting from ‘birth tourism industry’, top litigator claims, with Trump in attendance – a historic first for a sitting president.

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China-Latin America relations

Brazil exporters bypass local banks to tap China’s US$1 trillion Sinosure fund

As Brazilian interest rates price out local lenders, Sinosure is quietly reshaping how Chinese goods reach the market.

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Brazilian importers buying from China are turning to the state-owned Chinese credit insurer, Sinosure, to sustain trade flows that reached US$158 billion in 2024. Photo: Shutterstock
China-Canada relations

Canada’s finance minister visits China as both countries seek to bolster ties

Francois-Philippe Champagne’s four-day trip comes close on the heels of Canadian Prime Minister Mark Carney’s visit to Beijing in January.

Canadian Finance Minister Francois-Philippe Champagne. Photo: EPA
China trade

US lawmakers call for major crackdown on China’s alleged sanctioned oil imports

Bipartisan panel argues sanctions have concentrated discounted oil in Beijing's hands – charges the Chinese government denies.

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China economy

Opinion | Global businesses are piling back into China, drawn by its stability

For all its structural challenges, China offers something the West no longer seems to: policy continuity and a sense of stability.

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