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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.
Russian Foreign Minister Sergei Lavrov speaks during a session at Antalya Diplomacy Forum in Antalya, Turkey on Saturday. Photo: Reuters
Donald Trump

Russia’s Lavrov says balance of power shifting to emerging economies

At the Antalya Diplomacy Forum in Turkey, Lavrov said the foundations of globalisation powered primarily by the US had ‘come to an end’.

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China manufacturing

Iran war energy shock sees Chinese firms recalibrate overseas expansion plans

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E-commerce

How Amazon uses closer China supply ties to counter tariffs, Shein and Temu

US-China relations

US-China tensions simmer, economy outperforms, Auto China begins

This week: The US and China exchange trade-war swings, China’s economic growth beats expectations, and the US blockades Iranian ports. Next week: Carmakers debut models at Auto China, Victory Giant starts trading after Hong Kong IPO, robots compete in Beijing half marathon and more.

Photo: AFP
Taiwan

Why the biggest threat to US dollar dominance may well be Washington itself

Economic sanctions, access to US-led banking systems are powerful tools, but overuse reduces their effectiveness over time, Congress told.

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Artificial intelligence

‘Buy what they can, steal what they can’t’: US lawmakers slam China’s AI tactics

US lawmakers, experts accused Beijing of buying ‘what they can’ and stealing ‘what they cannot’ from America to advance their AI technology.

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2026 Trump-Xi summit

‘Won’t back down’: Greer seeks more funding for Trump’s trade wars

US trade chief says more resources needed to expand trade probes and counter China, warning farmers remain exposed ahead of Beijing summit.

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US Trade Representative Jamieson Greer speaks with reporters during a tour of a manufacturing facility on April 9. Photo: AP
China manufacturing

Trade tensions dim foreign investment outlook in US and China, survey finds

US and China have ‘suffered the most’ amid global decline in outbound investment appetite due to heightened geopolitical tensions.

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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

Former US Treasury secretary, in Hong Kong, discusses China’s ‘serious conflicts’ with other economies in trade, while warning of decoupling risks.

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Janet Yellen, former secretary of the US Treasury, spoke in Hong Kong on Wednesday at the HSBC Global Investment Summit. Photo: SCMP
China-Latin America relations

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

Move comes as Washington locks US$565 million deal with Brazil’s only operating rare earth mine.

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Serra Verde is Brazil’s only operating rare earth mine. Photo: Handout
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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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.

Photo: AFP
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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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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Commentators say the US president’s volatile, and often contradictory, negotiation style may be effective and parties across the table should react to his actions, not his words. Photo: AP
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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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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Illustration: Lau Ka-kuen
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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