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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.
Minnesota Farm Bureau president Dan Glessing loads soybeans into his planter on May 8, 2025, near Waverly, Minnesota, US. Photo: AP
US-China trade war: All stories

US soybean farmers move to reduce dependence on China as trade war grinds on

But despite the push to diversify, China still a promising market for exports, industry insiders say.

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US-China decoupling

US hints at reprieve on some tech export restrictions as talks with China begin

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US-China tech war

Why Trump’s nuclear export controls won’t stop China, may hurt US firms: analysts

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China trade

Ahead of US trade talks, China’s rare earth trade data from May sends a message

China’s curbs on rare earth exports are reflected in trade data as value plummets in May, and risks to US supply chain are seen.

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Workers transport soil containing rare earth elements for export at a port in China’s Jiangsu province. Photo: Reuters
China trade

US tariffs hit China’s exports in May, but June seen as ‘a better month’

Data comes after China and the United States agreed to a temporary truce in their tit-for-tat tariff escalations last month.

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China economy

Editorial | As US door shuts, Brazilian one opens

China is increasingly turning to South America for mutually beneficial trade as Washington’s scattergun policies prove self-defeating.

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Electric & new energy vehicles

How BYD and Chinese peers are transforming Europe’s small EV market

Volkswagen, Renault and other EU stalwarts prepare a slew of smaller, cheaper EVs to fight an influx of Chinese models.

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BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port in Suzhou, Jiangsu Province in September 2024. Photo: AFP
Banking & finance

Open Dialogue | Is the US dollar’s decline inevitable? Kenneth Rogoff and Yu Yongding weigh in

The two economists reflect on how the Trump administration’s recent actions have harmed the US dollar – and handed China a golden opportunity.

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US-China relations

Opinion | Thanks to Trump, US threat of a ‘peaceful evolution’ recedes for China

His declaration that the US is done intervening could not have come at a better time for Chinese leaders, who have long fretted over Western influence undermining party rule.

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China's economic recovery

Tech hub Shenzhen launches plan to support consumption, exporters amid trade war

City aims to boost residents’ spending power, leverage strengths in AI and extend more consumer subsidies as part of 39-point strategy.

Visitors at a trade show in Shenzhen on May 22. The southern Chinese exports and tech hub aims to use exhibitions as part of its plan to boost consumption. Photo: Xinhua
China trade

China signals readiness on rare earth talks, approves more exports

Beijing says it is ‘willing to enhance communication’ on strategic minerals, which have taken centre stage in US-China trade negotiations.

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China accounts for around 70 per cent of global rare earth mining and around 90 per cent of the refining of these minerals. Photo: Reuters
US-China relations

US-China trade talks in London ‘positive step’ but rough road ahead: analysts

Tariff-supporting commerce chief Howard Lutnick’s likely presence on US team in Britain on Monday ‘not good news for China’, observer warns.

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US-China relations

US retailers demand Chinese firms pay shipping costs as trade pressure grows

For years, US retail giants paid to ship goods from China to America. But that is changing as costs spiral amid the trade war.

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China-Asean relations

While Xi-Trump call offers respite, China’s neighbours still caught in rivalry

Detente between US and Chinese leaders could complicate many Asian countries’ calculations for striking a balance between the superpowers.

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The call between Chinese President Xi Jinping (right) and his US counterpart Donald Trump (left) on Thursday has been seen as a diplomatic breakthrough after weeks of worsening tensions. Photo: TNS
China trade

As US-China rivalry squeezes Asian markets, is taking sides even an option?

Analysts break down what the protracted power plays between Washington and Beijing mean for Asian economies as they walk a tightrope of risks vs rewards.

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Illustration: Henry Wong
US-China relations

Trump says US economic officials to meet China counterparts in London next week

US delegation to be led by Treasury and Commerce secretaries Scott Bessent and Howard Lutnick along with top trade representative Jamieson Greer.

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Trade

No polled US firms in China shifting production back to US, AmCham survey finds

‘Instead, they are localising operations or shifting some production to third countries,’ the American Chamber of Commerce says after poll of 112 member companies in China.

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Taiwan

Trump-Xi phone call raises Taiwanese fears of being marginalised

Politicians said the call between the two leaders, which focused on trade, had ‘made us very anxious’ about the implications for the island.

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Donald Trump and Xi Jinping’s call focused on trade, but the Chinese leader warned of Beijing’s red lines on Taiwan. Photo: AFP
US-China tech war

Trade to tech war: why Trump picked his export control head for next China talks

Beijing and Washington maintained restrictions after Geneva truce – setting stage for tough negotiations on chips, jets and minerals.

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US-China relations

Xi-Trump phone call fails to spark much enthusiasm on Chinese factory floors

Disillusioned by US president’s shifting policy positions, many manufacturers want to see clearer signals before they make major moves.

United States

Outside In | As costs of Trump’s chaos become clear, expect him to shift the blame

Trump’s supporters seem certain the damage his policies cause will be short-lived, but they may change their minds as the trade wars drag on.

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US President Donald Trump speaks as Treasury Secretary Scott Bessent (left) and then Commerce secretary nominee Howard Lutnick listen as Trump prepares to sign an executive order in the Oval Office of the White House in Washington on February 3. Photo: AP
United States

Opinion | May’s Taco market lull may well be the calm before the storm

For now, even a threat of tariff escalation may be discounted by a feeling that ‘Trump always chickens out’.

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Relaxed traders on the floor of the New York Stock Exchange during morning trading on May 27. Photo: Getty Images via AFP
China trade

No US tariffs on ‘unavailable natural resources’: commerce chief

Assurance given at House hearing where lawmakers voiced concerns about American consumers facing rising prices.

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US-ally trade wars

Trump China tariff policy ill-suited to supply chain problems, US panel told

Witnesses at advisory commission call for comprehensive, structural steps to deal with China’s expanding global manufacturing dominance.

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Donald Trump’s China policy

‘From awful to bad’: how Trump’s tariff war with China crushes small US firms

Cost uncertainty has fallen heavily on 34 million US small businesses lacking the profit margins and sourcing options multinationals wield.

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Illustration by Brian Wang
China-EU relations

EU to China: your ‘impressive rise’ must not crush our industries

Bloc’s trade chief urges Beijing to ‘address systemic issues’ like market access barriers and critical minerals export restrictions.

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EU trade commissioner Maros Sefcovic leaves a press briefing during a ministerial council meeting of the Organistation for Economic Cooperation and Development in Paris, France, on Wednesday. Photo: Reuters
US-China relations

Trump-Xi call: US to allow Chinese students, mineral trade to resume

US president says he has accepted an invitation to visit China and extended his own offer of a visit to Xi.

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US-China relations

Opinion | Geneva deal can’t hide fact US-China trade war has no end in sight

Negotiation will likely see Trump trying to extract maximum benefit from a defiant China that won’t stand for its bullying demands.

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