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US-China trade war
US-China trade war: All stories
Trade
News about international trade flows, statistics and policy decisions from the world’s most important trading economies and trade-related bodies, including the World Trade Organisation.
A vendor sleeps at the Yiwu International Trade Market in eastern China’s Zhejiang province while waiting for customers. Photo: Wency Chen
US-China trade war

Chinese traders in world’s largest wholesale market adjust to fewer US buyers

A growing global base of customers is helping vendors in Yiwu city mitigate the fallout from a tariff war with the United States as uncertainties take toll.

US-China trade war

Canada likely has more room to work with China if US tensions persist: analysts

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US-China relations

Editorial | Chaos marks first 100 days of Trump back in the White House

United States

US consumer confidence hits a low not seen since the pandemic

Trump’s tariffs have triggered economic anxiety, fuelling recession fears and inflation expectations.

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A supermarket shopper walks past a display of eggs in Monterey Park, California. US consumer confidence in April saw its largest monthly decline since the pandemic. Photo: AFP
US-China relations

Amazon scraps plan to list tariff costs after Trump official calls it ‘hostile’

E-commerce giant says plan ‘never approved’ following White House complaint; Senate confirms David Perdue as US ambassador to China.

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Hong Kong politics

Beijing office posts article critical of splitting ports off in Hutchison deal

Hong Kong and Macau Affairs Office reposts second article by Ta Kung Pao critical of deal, the second in two days.

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United States

Trump eases car tariffs burden as Lutnick touts first foreign trade deal

The US Commerce secretary declined to name the country with whom an agreement had been reached, saying it was pending local approval.

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A hoist is shown at an empty Paslin facility on April 23, 2025, in Shelby Township, Michigan. Photo: AP
US-China relations

Opinion | China has the upper hand in trade war as Trump flounders

Beyond defending its interests, Beijing’s long preparations for the tariff war are primed to reshape the future global order.

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Malaysia

Malaysia delays sales tax expansion amid Trump’s tariff pressure

The Malaysian government’s decision to postpone its tax expansion should provide relief for businesses amid trade war uncertainties.

European Union

Malta’s ‘golden passports’ ruled illegal for breaking citizenship law: EU court

The European Court of Justice ruled that an EU nation cannot grant nationality or citizenship for payments or investments, as it would commercialise the process.

Skyline from Marsans Harbour at sunset in Valletta, Malta. Photo: Shutterstock
Hong Kong economy

Opinion | Hong Kong SMEs must act boldly to survive Trump’s tariffs

To chart new paths in uncertain environments, SMEs need to go beyond knowing their business and customers, and see things with fresh eyes.

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Customers browse in an antique shop in Sheung Wan on January 19. Businesses with price-sensitive customers may need to pivot and provide other goods or services. Photo: Dickson Lee
US-China trade war

US, China seen cutting tariffs this year, but much damage already done: analysts

Unless tariff-related uncertainty is resolved quickly, a ‘sharp, synchronous slowdown’ is possible, Morgan Stanley warns.

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Energy

Asia’s clean energy aim at risk as nations mull US gas deals amid tariff fears

The sector can weather the impact of Trump’s tariffs through regional cooperation and finding trade routes outside the US, experts suggest.

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US-ally trade wars

Asia urged to seek new markets, boost local spending to survive trade war

The head of the Asian Development Bank warns that reliance on exports leaves the region vulnerable to Washington’s high-tariff strategy.

A woman walks past the Asian Development Bank’s headquarters in Manila. Photo: AFP
Electric & new energy vehicles

Tesla’s Semi trucks to roll out from Nevada gigafactory by end of 2025

Company will prepare for high volume production of the electric trucks over the next few quarters, head of the Semi programme Dan Priestly says.

Tesla’s Semi electric truck is unveiled during a presentation in Hawthorn, California, on November 16, 2017. Photo: Reuters
E-commerce

Temu adds tariff charges for US shoppers, as Shein also raises prices

Shipped-from-China items on Temu’s bestsellers list come with taxes exceeding the value of the product.

China economy

Opinion | How China is turning Trump’s tariffs into an opportunity

Beijing’s drive to boost domestic demand will help it weather trade tensions as well as improve ties with major trading partners.

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US-China relations

Opinion | What’s driving the US’ China policy? Even Trump might not be quite sure

The US president’s approach not only underestimates China but also risks alienating American allies at a time when partnerships still matter.

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US President Donald Trump reaches out to a “Make America Great Again” hat, as he announces “Liberation Day” tariffs at the White House in Washington, on April 2. Photo: Reuters
China economy

Editorial | Strategy of China’s Politburo sends right message to US in trade war

By rejecting bullying without closing door to negotiations, Beijing remains resolute on growth target and determination to protect economy.

United States

US Treasury chief not worried about shops running out of items ‘at present’

‘I think we’ll see replacements,’ Scott Bessent said referring to Trump trade tariffs, particularly a 145 per cent levy on goods from China.

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China trade

US farmers’ loss is Brazil’s gain as China diversifies soybean imports

With tariffs on US soybeans, most of China’s summer imports will come from Brazil, according to the US Department of Agriculture’s April outlook report.

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A worker handles soybeans in Campos Lindos, Brazil, during a February soy harvest. More of China’s soybean imports are coming from Brazil amid a tariff war with the United States. Photo: Reuters
E-commerce

Labubu mania takes China’s Pop Mart to top of US App Store charts

Before the recent surge in interest in Chinese e-commerce platforms, Pop Mart’s business was already booming.

Labubu figurines displayed at a Pop Mart store. Photo: Shutterstock
Donald Trump

Trump’s Quad allies in Asia fret over tariffs as China factor complicates ties

Even as Japan, India, and Australia face US tariffs, they are also being pressured by Washington to rebalance their ties with China.

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Singapore

Singapore negotiates US chips access, seeks pharmaceutical tariff concessions

Washington says it’s keen to explore ‘creative solutions’ on trade with the city state, whose deputy PM has touted progress in talks.

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Diplomacy

Opinion | As Trump rides roughshod over trade, China is ready to pick up the pieces

China’s message of stable cooperation is resonating as Trump accelerates the birth of a post-US world with rising powers independent of US whims.

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Illustration: Craig Stephens
US-China relations

Opinion | In the face of trade bullying, appeasement is not an option

Only firm opposition from a united international community will convince the US to change its current course of action.

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Shipping containers are stacked at the Port of Baltimore in the US state of Maryland on April 10. US President Donald Trump’s 10 per cent tariff for almost all countries except China will likely remain in place going forward, his top economic advisor Kevin Hassett said. Photo: AFP
Asean

Asian Angle | How Asean can turn short-term tariff pain into long-term gain

Intra-bloc trade and diversified supply sources can help reduce dependency on Donald Trump’s United States and expand export options.

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Hungary

Trump’s son tells eastern Europe to shun China, pick US as trade partner

Trump Jnr told Hungarian entrepreneurs that China posed a bigger threat than Russia to the region.

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