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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.
The cargo business is Cathay Group’s bread and butter, accounting for 23 per cent of its HK$104.4 billion overall revenue last year. Photo: Nora Tam
Cathay Pacific

Cargo business of Hong Kong’s Cathay ‘set for sharp decline amid Trump tariffs’

HSBC research report also says Hong Kong flag carrier’s full-year profits could be cushioned by lower jet fuel costs.

Taiwan

Macroscope | There’s more to Taiwan’s currency shock than meets the eye

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US-China relations

China’s top negotiator strikes bullish tone on economy ahead of US trade talks

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United States

Opinion | How Trump is hastening the decline of the West

Donald Trump’s policies mirror those of past empires that mistook short-term gain for long-term stability.

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History enthusiasts, dressed as members of the French and British Army, fight during a re-enactment of Napoleon’s famous battle of Waterloo in Braine-l’Alleud on June 21, 2009. History is replete with examples of empires undone by their leaders’ hubris. Photo: Reuters
Hong Kong economy

Countering Trump’s tariffs: Hong Kong headwear maker moves again and again

First came shock and pain. Then Mainland Headwear’s Pauline Ngan looked for ways to tackle the tariff mayhem.

US-China relations

Trump says US won’t lower tariffs on China imports to kick-start trade talks

Separately, Commerce Department says it will simplify some restrictions on the export of advanced semiconductor chips.

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Donald Trump

Opinion | In a globalised world, the US and China must build bridges, not walls

Far from being a victim, the US has been a beneficiary of globalisation. It must abandon zero-sum thinking and focus on its comparative strengths.

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Illustration: Craig Stephens
United States

Wall Street gains as China boosts its economy ahead of US trade talks

High-level US-China trade talks this weekend and Beijing’s plans to cut interest rates fuel gains on Wall Street.

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US-China trade war: All stories

Next stop, Egypt? China’s exporters search for new markets amid trade war

To continue sales to US buyers and avoid tariffs, Chinese exporters are getting creative as they hunt for new bypasses and workarounds.

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US-China relations

China moves to bolster its economy ahead of US trade talks

Beijing announces a raft of measures including interest rate cuts as it seeks to begin negotiations in a strong position.

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China’s top financial officials announce a series of measures to boost the economy and stabilise capital markets during a press conference in Beijing on Wednesday. Photo: Handout
United States

Opinion | The cost of Trump’s trade war to the US is becoming clear

The US approach may be aimed at reshoring jobs and revitalising domestic industries but it fails to address underlying structural challenges.

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People walk past an electronic board displaying the American flag at Times Square in New York, on April 11. Photo: AFP
Indonesia

Indonesia’s economy slows as US tariffs, fiscal strains challenge Prabowo’s goal

Analysts expressed concerns that fiscal pressures, weak consumer spending, and the impact of US tariffs could worsen Indonesia’s economic outlook.

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China trade

China-US container shipments continue to sink under hefty tariff ballast

Report says shippers rushed to move product in first quarter, but then pulled back sharply amid tariff uncertainty.

China trade

German firms in China hit by tariffs, but ‘in China for China’ paying off: poll

Investment plans of surveyed firms also remain strong, and many are ‘isolating their operations in China from US exposure’, says German Chamber of Commerce in China.

In an April poll of German firms operating in China, 56 per cent were predicting a decline in economic conditions in the next six months. Photo: Shutterstock
Banking & finance

China’s stock regulator pledges ‘high-level opening’, streamlined listings

CSRC to help high-quality firms listed overseas offer shares in mainland China and Hong Kong, chairman Wu Qing says.

Wu Qing, chairman of the China Securities Regulatory Commission. Photo: SCIO
Digital currencies

Bitcoin gains as crypto investors bet on positive US-China trade talks

The rally followed news that the US treasury secretary and trade representative will meet with the Chinese government in Switzerland this week.

Hong Kong economy

How Hong Kong manufacturers are fighting back amid US-China trade war

It has been over a decade since some Hong Kong manufacturers, responding to the mainland’s sweeping industrial upgrade and sensing rising US-China trade tensions, moved to set up factories overseas. Being nimble paid off, until President Donald Trump launched his barrage of tariffs on US trading partners as part of his “America first” economic plan. The Post focuses on three industry leaders to see how they are navigating the new disarray in world trade.

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Hong Kong economy

How can Hong Kong help connect mainland Chinese firms with Qatar and Kuwait?

Trade Development Council urges Hong Kong to leverage professional services, international experience ahead of delegation trip to Gulf nations.

Kuwait, in a similar vein to Qatar, is seeking to accelerate efforts to diversify its economy. Photo: AFP
China’s economic stimulus

China rolls out policy package to guard against US tariffs – as it happened

China’s major financial regulators announced more measures to shore up the country’s economy and capital markets as the trade war ramps up.

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Hong Kong economy

Trump’s tariff chaos: top Hong Kong bra maker presses on to beat 90-day pause

Trump’s 90-day pause provides opportunity for manufacturer and US clients to avoid impact of tariffs.

China manufacturing

Canadian CEO cuts out US middlemen, forges direct China ties in trade war

Activity in the world’s largest wholesale hub, Yiwu, illustrates how hurdles and headaches stemming from Washington’s tariffs have upended global trade norms.

A vendor manages her shop selling Halloween masks at the Yiwu International Trade Market in China’s Zhejiang province on April 11. Photo: AFP
Yuan

Explainer | Has Asia just taken a step away from the US dollar?

Asia’s largest economies have broken new ground by approving an emergency financing tool using the yuan and other local currencies.

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China is accelerating its efforts to expand the role of the yuan as a global currency amid an intensifying trade war with the United States. Photo: AFP
US-China relations

Opinion | Picking a global fight may not be the best strategy, as Trump is finding out

Trump wildly overestimated the strength of the US position and underestimated the strength of its trading partners.

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United States

US trade deficit surged, China imports sank before Trump’s tariff roll-out

Companies front-loaded shipments amid signs that more goods from the mainland are being routed through third countries, official data shows.

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China food security

China cuts need for feed seed as food security campaign ramps up

As global trade becomes less certain, China plans to reduce the proportion of grain in its animal feed – particularly imported soybeans.

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China has unveiled a plan to reduce the proportion of grain in its animal feed, part of efforts to enhance the security of its domestic supply. Photo: AFP
Hong Kong property

Hong Kong’s property deals surged in April as buyers dived back in

Real estate sales rose 9.8 per cent to HK$50.1 billion involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial space.

Property sale for the Sierra Sea project at Sun Hung Kai Properties’ sales room at the ICC in West Kowloon on 26 April 2025. Photo: Jonathan Wong
China-Africa relations

China on African charm offensive to rally opposition to ‘bullying’ US

While Trump targets critical minerals and specific nations, China expands influence through bilateral and multilateral engagement: analyst.

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Foreign exchange market

China avoiding ‘disruptive’ de-dollarisation despite US trade war, report says

Findings come as some analysts have raised the spectre of China selling off its US Treasury-issued assets amid worsening bilateral ties.

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