News

China caves on 125% tariff for major US export after White House predicts Beijing can't keep up
China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the ...
Senate confirms former Sen. David Perdue as Trump’s US ambassador to China amid tariff showdown
The Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff ...
China exports to U.S. fall sharply with 145% tariffs in effect
The drop-off in bookings could lead to empty store shelves this summer as retailers deem China-made goods too expensive to ...
Trump Is Paving the Way for Another ‘China Shock’
The MIT economist David Autor helped fracture the old free-trade consensus. But he thinks that what’s replacing it is even ...
Time is running out to see a lessening of tariffs on China, says JPMorgan's Gabriela Santos
Gabriela Santos, JPMorgan Asset Management chief market strategist for the Americas, joins 'Squawk Box' to discuss the latest ...
U.S. tariffs will hasten, not slow, China’s drive for tech self-sufficiency
The next time the U.S. tries something like the H20 chip ban, it may mean very little to the China AI ecosystem.
Tariffs Are Unsustainable for China, Bessent Says
Treasury Secretary Scott Bessent says the US tariffs put on China are unsustainable. He would not confirm if anyone from the ...
China insists no tariff talks underway with Trump and Xi or top aides, despite U.S. claims
Trump has held up tariffs as a negotiating tool with China and claimed talks are ongoing, but Beijing says so far there have ...
China's April factory activity seen slipping as Trump tariffs bite: Reuters poll
China's factory activity likely contracted in April, a Reuters poll showed on Tuesday, as Donald Trump's "Liberation Day" ...