Tag Archives: China

Politico reports: The Chinese government issued a new travel advisory for the United States on Wednesday amid growing tensions between the two nations sparked by President Donald Trump’s sweeping global tariffs. The Chinese Ministry of Culture and Tourism cited a “deterioration of economic and trade relations” and the “security situation” with the U.S. in its risk advisory, which it issued …

Axios reports: Treasury Secretary Scott Bessent on Wednesday declined to rule out the possibility of delisting Chinese stocks from U.S. exchanges, during an interview on Fox Business Network. The trade war could bleed beyond tariffs. Bessent didn’t raise the delisting prospect, but also didn’t flinch when asked about it by Maria Bartiromo. “I think everything’s on the table,” Bessent said, …

Reuters reports: Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven’t. U.S. President Donald Trump has raised tariffs on Chinese imports by 104% so far this year in an escalating trade war …

“104% tariffs on China are not enough. I’m advocating 400%. I do business in China. They don’t play by the rules. They’ve been in the WTO for decades, they have never abided by any of the rules they agreed to when they came in. For decades. They cheat, they steal, they steal IP. I can’t litigate in their courts. They take …

The New York Times reports: The Chinese government announced that it was putting an additional 50 percent tariff on imports from the United States, matching the extra 50 percent that Trump had imposed to retaliate for an earlier move by China. President Trump’s latest tariffs took effect just after midnight on Wednesday, hitting nearly all U.S. allies with punishing new …

Wired reports: Let’s say a laptop costs $400 at import in the US. A retailer would then add an average gross margin rate of 30 percent—how much revenue the retailer retains after deducting the cost to produce or acquire the item—and that laptop will now cost $571. That’s the price you’ll pay at a big box store. China exports a …

CBS News reports: The U.S. will impose a 104% tariff on China beginning at 12:01 a.m. EST Wednesday, White House press secretary Karoline Leavitt said in a briefing Tuesday. “When America is punched, he punches back harder. That’s why there will be 104% tariffs going into effect on China tonight at midnight.”Mr. Trump on Monday threatened an additional 50% tariff …

The Hollywood Reporter reports: The U.S. film industry so far has escaped direct retaliation from countries hit by President Donald Trump‘s globe-spanning tariffs, thanks to theatrical film releases and streaming platforms being categorized as services rather than physical goods. But Hollywood’s luck in China, the world’s second-largest film market, could soon run out, according to statements issued Tuesday by two …

The New York Times reports: Beijing has denounced Vice President JD Vance’s rhetoric as “ignorant” after he said the United States was borrowing money from “Chinese peasants” in a television interview last week. “China’s position on Sino-U.S. economic and trade relations has been made very clear,” said Lin Jian, a spokesman for China’s foreign ministry, during a news conference on …

The American Farm Bureau writes: Farmers and ranchers, like all Americans, will be paying more for many of the products they purchase, from seed for vegetable growers to tractors and other equipment made of steel. Retaliatory tariffs imposed by our trading partners make American products more expensive than products from countries not facing such tariffs, thereby lowering demand for the …

The New York Times reports: Xi Jinping wants you to know that he will not be cowed. Confronted with the latest threat from President Trump of an additional 50 percent tariff on Chinese goods unless Beijing reverses its retaliatory levies on U.S. imports, China’s top leader has remained defiant. His Ministry of Commerce on Tuesday accused the United States of …

“Yesterday, China issued Retaliatory Tariffs of 34%, on top of their already record setting Tariffs, Non-Monetary Tariffs, Illegal Subsidization of companies, and massive long term Currency Manipulation, despite my warning that any country that Retaliates against the U.S. by issuing additional Tariffs, above and beyond their already existing long term Tariff abuse of our Nation, will be immediately met with …

ABC News reports: Foreign adversaries including Russia and China are targeting government workers who have been laid off amid the Trump administration’s attempt to downsize to recruit as spies, according to new intelligence. “New intelligence indicates agents from China, Russia, and other countries have set their sights on recently fired probationary workers, or those with security clearances, hoping to obtain …

The South China Post reports: China has announced it will impose a 34 per cent tariff on imported American goods in addition to existing tariffs in response to the United States’ move to impose its 34 per cent tariffs on Chinese imports, marking the latest escalation in trade tensions between the world’s two largest economies. On Thursday morning, China’s Ministry …

Reuters reports: China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on all U.S. trading partners around the world. The U.S. move disregards the balance of interests reached in multilateral trade negotiations over the years and the fact that it has …

The New York Times reports: The Pentagon was scheduled on Friday to brief Elon Musk on the U.S. military’s plan for any war that might break out with China, two U.S. officials said on Thursday. Another official said the briefing would be China focused, without providing additional details. A fourth official confirmed Mr. Musk was to be at the Pentagon …

NBC News reports: Chinese state media are celebrating President Donald Trump’s move to gut Voice of America and other U.S. government-funded news outlets that push back against authoritarian regimes. The government of China, where media is tightly controlled by the ruling Chinese Communist Party, has long criticized coverage by VOA and other U.S. government-funded news outlets. In an editorial Monday, …

The Washington Post reports: Chinese tariffs on a wide array of U.S. agricultural products took effect Monday as Beijing remains defiant in the face of U.S. pressure — while urging Washington to come to the negotiating table. China’s decision to impose tariffs of up to 15 percent on products including corn, soybeans and beef starting Monday targets some of the …

Business Insider reports: Wealthy Chinese investors secretly funnel millions of dollars into private companies owned by Elon Musk, using complex financial structures that hide their identities. According to a report from the Financial Times, these investments are flowing into Musk’s private ventures, including SpaceX, Neuralink, and xAI. To evade scrutiny, the funds are funneled through special-purpose vehicles (SPVs). While these …

Politico Europe reports: A recruiter for Chinese tech firms based in the southern coastal city of Shenzhen sees opportunity in the rising numbers of U.S. scientists left jobless by Trump administration leaves and layoffs. An ad circulating on multiple social media platforms welcomes “global talents to pursue career development and entrepreneurship in #Shenzhen, #China.” The ad pitches the city — …