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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.
US Treasury Secretary Scott Bessent, left, shakes hands with Chinese Vice-Premier He Lifeng during trade talks in Geneva, Switzerland, last year. The two officials are set to lead another round of talks in Paris this weekend. Photo: Reuters
Mainland China

US-China trade talks: what to expect as senior officials meet in Paris

Both sides have short-term incentives to maintain their ‘trade truce’ so they can focus on dealing with domestic issues, analysts say.

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War and conflict

Opinion | US-Israeli war on Iran makes a mockery of global governance rules

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US-China relations

Trade talks, ‘raising lobsters’, tech earnings

United States

Trump’s tariff investigation ‘bluff’ will not work on China, analysts warn

Beijing has grown wise to the US president’s ‘art of the deal’ tactics and will not be fazed by the new Section 301 investigations, analysts say.

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US President Donald Trump, left, talks to Chinese President Xi Jinping as they shake hands after their talks in South Korea in October. Photo: TNS
United States

US launches trade probe into China and EU in bid to revive Trump tariffs

The Section 301 investigations could lead to another set of import taxes to replace those struck down by the Supreme Court.

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China manufacturing

China’s industrial policy goes global, challenging decades of free market rule

China’s tighter embrace of industrial policy in recent years has transformed its economy – and other countries are following suit.

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China-Latin America relations

Amid China cable fallout, Chile’s president ends term, calls for unity

Undersea fibre-optic cable project linking Chile to Hong Kong enraged US, causing dispute that defined Gabriel Boric’s final weeks in office.

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Chilean President Gabriel Boric leaves the La Moneda presidential palace in Santiago after his four-year term ended on Wednesday. Photo: Handout
China-Latin America relations

US threats and a Chinese cable scandal mark first day for Chile’s new president

The US forced Chile to cancel a Chinese undersea cable. Now the region is asking who gets to decide what infrastructure Latin America builds.

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China’s private sector

Eli Lilly boosts China footprint with US$3 billion plan to expand supply chain

US firm is strengthening its China operations amid an intensifying expansion race with other pharmaceutical giants.

Two Sessions 2026

China’s ‘two sessions’ 2026: everything you need to know

From US ties post-Iran to new tech innovation strategies, here is everything you need to know about China’s ongoing ‘two sessions’.

Delegates exit the venue after the second plenary meeting of the Fourth Session of the 14th National People’s Congress (NPC) of China in Beijing. Photo: EPA
US-China relations

Mainland Chinese see Taiwan positively, won’t retreat from US trade war: survey

China Pulse polling study gives rare window into views of ordinary people on mainland, where opinions are often restricted or even banned.

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Tourists strike a pose next to a giant Ultraman inflatable displayed at Kaohsiung Wonderland during the Lunar New Year holidays in Kaohsiung, Taiwan, in February. Photo: AFP
2026 Trump-Xi summit

Exclusive | Could China’s rare earth supplies dictate how long US strikes on Iran go on?

The American military’s dependence on Chinese sources gives Beijing leverage in the lead-up to Trump’s trip, sources say.

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US-China relations

From ‘love and hate’ to nationalism, can Xi and Trump rebalance ties?

Chinese scholars say the US-China relationship has changed, and there’s a chance for the two powers to steer away from confrontation.

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Hutchison’s Panama ports deal

China summons Maersk, MSC on shipping operations amid Panama saga, Iran war

Beijing gave no reason for order – but both firms at centre of dispute after Panama ruled against CK Hutchison’s operation of two ports.

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The main entrance of the port of Balboa in Panama City, taken on February 12. Panama Ports Company (PPC), a subsidiary of Hong Kong conglomerate CK Hutchison Holdings, is seeking US$2 billion in damages from the Panamanian government over what it described as the “illegal takeover” of the operations of two ports at either end of the strategic canal. Photo: AFP
China exports

China’s exports surge 21.8% to start 2026 – biggest gain in 4 years

Despite an 11 per cent drop in US exports, China’s trade soared, buoyed by robust demand from Asean, the EU and other markets.

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Cargo containers and ships at a port in Qingdao, Shandong province, on March 3. Photo: AFP
Mainland China

US to counter China’s critical minerals dominance with innovative upgrades

New improvements in recycling electronic waste, refining and processing can close the gap on China, says Department of Energy official.

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US-China relations

China-US trade relations may reach a ‘tactical truce’, as 2 superpowers talk

Foreign companies in China quietly confident on US ties, but are bracing for ongoing geopolitical tensions.

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US-China relations

US and China clash over fentanyl and tariffs at global drugs meeting

The exchange underscored tensions ‌between the two countries ahead of the Trump-Xi meeting in China at the end of the month.

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A US Drug Enforcement Administration chemist checks confiscated pills containing fentanyl in New York in October 2019. Photo: TNS
2026 Trump-Xi summit

Exclusive | Trump’s China visit confined to Beijing due to schedule, security needs: sources

‘Given the situation [in the Middle East], the visit’s security arrangements must be extremely careful’.

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Rare earths

US firms face ‘economic bind’ as China mineral truce fails to ease shortages

Businesses hope US President Donald Trump’s visit to China in late March will ease bottlenecks.

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Two Sessions 2026

Is Trump’s China trip still on? Despite Iran, Wang Yi sees potential

Chinese foreign minister suggests the summit with Xi is still on track and high-level engagement remains key.

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A Xi-Trump summit could still be on, despite the turmoil in the Middle East. Photo: Reuters
US-China relations

As US universities retreat from China, who is filling the academic void?

Many elite Sino-American ventures have ended under the strain of geopolitics but other, more diverse, programmes are emerging.

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Illustration: Henry Wong
United States

US tariff refund system to be ready in 45 days, after Trump duties struck down

The US customs agency is trying to hammer out a process for returning US$166 billion in tariff ‌payments to around 330,000 importers.

Yuan

Beijing vows yuan stability, fires back at currency-depreciation claims

PBOC governor reaffirms yuan stability, refuting trade partners’ accusations ahead of critical US talks in Paris.

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Two Sessions 2026

China vows support for tech, trade rebalance, stock reforms - as it happened

The heads of China’s major economic institutions detailed plans for growth, trade and tech on the sidelines of the ‘two sessions’.

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Chinese Minister of Commerce Wang Wentao, left, speaks during a press conference on the economy in Beijing. Photo: EPA
Two Sessions 2026

China targets lowest growth range in 35 years as pressures rise

Beijing to prioritise hi-tech over stimulus-driven growth with focus on the people in notable shift, premier’s work report to NPC reveals.

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Chinese Premier Li Qiang’s speech at the National People’s Congress opening session is broadcast on a giant TV screen, in Beijing on Thursday. Photo: Robert Ng
US-China relations

Opinion | China waits and watches as the US fights all its tigers at once

Far from freeing up resources to focus on China, Trump’s administration finds itself fighting fires on several fronts, sapping its resources.

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China trade

Despite loss of Panama Canal, China investing US$23.9b in global seaports: study

Beijing funds 363 ports outside the Panama Canal to safeguard against East-West decoupling and US bid to curb China’s supply chain influence.

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