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US-China trade war

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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.
Countries are looking to Hong Kong as an example of attracting foreign investments, finance chief Paul Chan says. Photo: Eugene Lee
Hong Kong economy

Hong Kong to ‘play it safe’ with growth figures due to US tariff war: Paul Chan

US tariffs have huge impact, with ‘major uncertainties over the economic outlook’, Financial Secretary Paul Chan says.

IPO

Exclusive | Heavy equipment maker Sany to expand overseas after Hong Kong IPO

E-commerce

Temu points Chinese sellers to new markets amid US tariff woes

US-China relations

Rare earths aren’t rare, so why is the US worried about China’s export curbs?

As costs of Trump’s trade war rise, critical mineral curbs by China and supply chain gaps could disrupt US military programmes, experts say.

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Illustration: Henry Wong
China-EU relations

China is the ‘elephant in the room’ as EU scrutinises US trade deal with Britain

European officials are studying the agreement for signs of how Trump might cajole them into adopting tougher policies on China.

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US-ally trade wars

Will Trump’s film tariffs mean lights, camera, inaction for the world’s studios?

While it is unclear how film tariffs would be enforced, suggestion of new duties on non-US productions has put industry in panic mode.

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China-EU relations

Why EU-China stability is key in a world order ‘under constant attack’

Former top European official Charles Michel says there is room for Brussels to work with Beijing in various areas.

Charles Michel, president of the European Council from 2019 to 2024, says tensions could arise out of the EU and China’s different traditions, cultures and political systems but “stability and predictability is in everyone’s interests”. Photo: AFP
US-ally trade wars

Macroscope | World will need to borrow its way out of Trump’s tariff mess

The US president’s trade wars could push the mountain of global debt to the point of eruption and harm emerging economies.

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American cinema

How far has Hollywood fallen? Entry-level screenwriter jobs dry up

‘It shouldn’t be this hard’ for rookie screenwriters to get work in Hollywood, where effects of pandemic, actor and writer strikes linger.

US-China relations

Trump calls day one of crunch talks in Geneva ‘a very good meeting’

Analysts predict a wide range of outcomes for the first round of US-China dialogue, from a ‘soft deal’ to a mutually acrimonious departure.

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Highly anticipated trade talks between the US and China are taking place in Switzerland over the weekend. Photo: Shutterstock
China’s Communist Party

China’s security system urged to handle duties with ‘passion’ as pressures mount

As external tensions weigh on China’s internal stability, security chiefs warn against ‘inadequacies’ in law enforcement and justice system.

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Police officers stand guard on Shanghai’s Nanjing Road on Monday. A top security official has ordered China’s law enforcement agencies to swear “absolute loyalty” to the Communist Party. Photo: Reuters
US-China trade war: All stories

The duty-free island trying to lure Chinese shoppers amid the trade war

Hainan, a tropical island in southern China, has special customs policies allowing shops to maintain low prices even amid sky-high tariffs.

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Hong Kong

China dumping US Treasuries would be the nuclear option, economist says

Mutual trust between Washington and Beijing has deteriorated considerably, but a complete severing of ties is highly unlikely, economists say.

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US-China relations

Editorial | Talks in Russia send message to US ahead of key China meeting

Beijing refuses to be bullied in the eagerly awaited negotiations and has pledged with Moscow to defend multilateralism and oppose hegemony.

China’s President Xi Jinping arrives for his meeting with Russian President Vladimir Putin at the Kremlin on May 8. Photo: EPA-EFE
US-China relations

Yalta 2.0? Why Trump, Xi and Putin didn’t meet to carve up the world

The US president’s tariff war and his Ukraine policy are advancing China’s and Russia’s visions of a multipolar international order.

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Illustration: Lau Ka-kuen
United States

Outside In | Trump’s ‘make Hollywood great again’ script may not have a happy ending

The US president has proposed a 100 per cent tariff on films made abroad, but this is hardly what the entertainment industry needs.

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China trade

US-China trade talks in Switzerland unlikely to yield breakthrough: analysts

Instead, top officials are expected to focus on frameworks, minutiae and setting boundaries with an agreement merely to meet again.

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China-Russia relations

United in Moscow, China and Russia spurn talk of a Trump ‘reverse Nixon’

The presidents of the two countries take aim at the US and its allies, accusing them of undermining peace and stability.

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Chinese President Xi Jinping (left) and Russian President Vladimir Putin have put on a united front in Moscow this week. Photo: AP
US-China relations

Will US-UK deal improve America’s position in trade talks with China?

The first deal in Donald Trump’s trade war may carry symbolic value, but analysts said it would have a limited effect in talks with China.

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US-ally trade wars

Trump says 80% tariff on China imports ‘seems right’ ahead of high-level talks

Decision is ‘up to’ US Treasury Secretary Scott Bessent, American president adds, without elaborating.

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China exports

China targets smugglers to strengthen export controls on critical minerals

Beijing wants to tighten restrictions on illegal transshipments through third countries – a risk that companies could exploit, analyst says.

China’s flag next to the elements of gallium and germanium on a periodic table. Photo: Reuters
China-EU relations

Sino-US trade tensions dim confidence of EU companies in China

Chamber of commerce president says firms have been able to mitigate direct impact of increased tariffs.

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The Chinese and European Union flags side by side at a summit in Brussels. Photo: AFP
China jobs

China could miss jobs target amid trade war, property sector trouble: analysts

Six million jobs are at risk from US tariffs alone if duties stay at current levels, says one economist.

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Family offices

Trump’s tariffs are driving Asia’s ultra-rich investors away from US assets

About 10 family offices of the ultra-rich told Bloomberg they’re reducing their exposure or freezing investments, mostly in US equities and Treasuries.

China-EU relations

In Europe, Xi Jinping’s Russia trip casts a shadow over China’s charm offensive

China celebrates 50 years of diplomatic relations with the European Union as the Chinese leader attends Vladimir Putin’s military parade.

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China’s President Xi Jinping arrives for his meeting with Russian President Vladimir Putin at the Kremlin on May 8. Russia marks the 80th anniversary of the victory in World War II over Nazi Germany and its allies on May 9. Photo: EPA-EFE
China exports

‘Surprise’: Chinese exports resilient in April despite US tariffs

Despite a drop in shipments to the US, China’s 8.1 per cent monthly increase in exports beat market expectations handily.

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Wind power equipment destined for export in Nantong, Jiangsu province, on April 27. Photo: Xinhua
China trade

Addiction to China’s tungsten is over even if Beijing turns tap back on, miner says

Industry ‘in an absolute panic’ since February when China cut off exports now recognises need to diversify sources, Almonty CEO says.

Hong Kong stock market

Hong Kong stocks extend best winning run in a year on tariff relief hopes

US President Donald Trump says trade talks in Switzerland could yield ‘substantive’ tariff cuts.

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