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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.
Two men from the US state of New Jersey were sentenced this week for their roles in a drug trafficking organisation that imported fentanyl analogues from China. Photo: Getty Images/TNS
US-China relations

2 men sentenced for roles in trafficking fentanyl analogues from China to the US

Accused were among nine individuals charged and convicted for their part in importing more than one metric tonne of drugs into the US.

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Banking & finance

Yuan: global ambitions

US-China relations

Is China’s biggest daily US soybean order confirmation of Xi-Trump summit pact?

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China-Latin America relations

A year into Trump’s tariffs, Brazil trades less with US and more with China

Trading report lands as USTR weighs extra 25 per cent levy and Flavio Bolsonaro tells hearing that Lula ‘licks China’s boots’.

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A worker washes coffee beans at a plantation near Pocos de Caldas, Brazil. Brazilian coffee exporters now sell most of their produce to Europe. Photo: AP
Trade

China’s worker protections scrutinised as US weighs forced-labour tariffs

Business groups clash with labour advocates at USTR hearing over whether new tariffs would improve workers’ rights or raise costs.

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US-ally trade wars

Spain plays down Trump’s trade embargo threat, saying there is ‘no tension’

US president threatened to cut off trade with Spain over its defence policy, but Madrid says relations are ‘calm’ and ‘positive’.

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China's economic recovery

What was China’s FDI last year? US$174 billion keeps it the world’s No 3 source

As China redraws global investment map, mainland firms use leading roles to secure critical supply chains with overseas plans.

People are seen on the terrace of a shopping mall overlooking the central business district in Beijing. China was the world’s third-largest source of foreign direct investment in 2025. Photo: Reuters
China trade

Beijing seeks chip stability and fair market access during Dutch trade mission

Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access.

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Banking & finance

China extends gold-buying binge to 20th month in Beijing’s de-dollarisation push

PBOC’s bullion holdings keep rising as forex reserves dip in June to US$3.42 trillion and the central bank seeks security from sanctions and US market volatility.

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US-China tech war

Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies

Ruling gives Chinese firm temporary relief in closely watched legal battle that could decide whether Pentagon blacklist is legitimate.

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The logo of Chinese technology firm Alibaba is seen at its office in Beijing on August 2021. Photo: AP
US-China relations

Don’t assume US decline will lead to its fall, warns Chinese scholar

Factors such as the US dollar and its lead in emerging technologies mean the US will be hard to supplant, academic Zheng Yongnian warns.

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The US is celebrating its 250th anniversary. Photo: AFP
International Property

Berkshire Hathaway’s multibillion-dollar Taylor Morrison buy to boost confidence

While Chinese investors are turning away from America, the conglomerate’s US$6.8 billion cash acquisition could encourage more home sales.

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Banking & finance

Exclusive | Why Citigroup CEO Jane Fraser left Beijing feeling optimistic

Leader of US$239 billion company discusses yuan internationalisation, Hong Kong’s fintech leadership, and US-China economic stabilisation.

US-China relations

China reshapes dollar holdings

China’s direct holdings of US Treasuries fell to an 18-year low in April as the country shifts to buying the bonds via Europe, as well as diversifying the make-up of its reserves.

China reshapes dollar holdings
US-China relations

Which Trump will show up at Nato summit? Odds are it will be the fuming one

US president’s impatience and distrust of multilateral groupings has Nato’s 31 other members walking on eggshells before next week’s key meeting.

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The jury's out on whether US President Donald Trump will turn up at next week's Nato meeting in Ankara, Turkey, as a team player or one who regularly slams the alliance. Photo: Reuters
US-China relations

US lawmakers push for fewer tax breaks to reduce reliance on China technology

Congressman Nathaniel Moran also warns US business leaders of corporate America’s growing ‘toxic relationship’ with ‘adversary’ Beijing.

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Mainland China

Potential US ban on Chinese inverters would harm local power industry: firms

America’s need for inverters is growing amid boom in renewable energy demand driven by AI race – and China is the dominant global supplier.

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US-China relations

China accused of trying to ‘infiltrate’ US-Mexico-Canada trade agreement

The Alliance for American Manufacturing says China is trying to circumvent the USMCA through its automotive investments in Mexico.

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An assembly line at the Chinese automaker JAC Motors plant in Ciudad Sahagun, Mexico. The Alliance for American Manufacturing said that China is trying to "infiltrate" the US-Mexico-Canada trade agreement. Photo: Reuters
US-China relations

Alibaba to pay US$600 million to settle US probe into illegal product sales

Amount resolves dispute with US government over allegations firm sold and imported illegal pharmaceuticals and controlled substances into US.

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Mainland China

US backs away from USMCA trade deal, upset over Canada’s China ties

Beijing not named in official notice, but US trade chief blames Canada’s courtship of Chinese investment as major obstacle to new agreement.

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US-China relations

Wang Yi warns Rubio to approach Taiwan affairs with ‘utmost caution’

Beijing’s top diplomat tells US Secretary of State to expand cooperation, manage risks in Taiwan-related issues during call on Tuesday.

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Chinese Foreign Minister Wang Yi speaks at the UN headquarters in New York in May. Photo: Reuters
US-China relations

Alibaba sues Pentagon, rare earth truce woes: 7 US-China relations reads

From China grappling with Trump to the world’s fastest computer: highlights from our overseas correspondents in the second half of June 2026.

Alibaba has hit back at the Pentagon after its products were placed on a US military blacklist. Photo: Shutterstock
China-EU relations

‘World without bearings’: Lorenzi sees economic conflict and unplottable fixes

Prominent French economist warns that Europe must reach strategic pact with Beijing and enact structural reforms as global order enters volatile era.

US-China relations

Opinion | Will US-China economic ties become self-reinforcing cycle of suspicion?

China’s regulations on outbound investment might seem purely administrative but they give Beijing crucial new control over transactions.

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China exports

Beijing asserts control over China’s offshore tech transfers with landmark law

Beijing’s ‘milestone’ mandate seen authorising retaliatory responses to trade barriers while restricting research leaks.

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A guard stands at attention outside the Great Hall of the People in Beijing. China has enacted a sweeping overseas investment law. Photo: TNS
United States

Washington, Beijing should de-escalate from tit-for-tat actions, US senator says

Steve Daines calls Beijing’s export controls on US companies and Pentagon’s blacklisting of Chinese tech firms ‘unfortunate developments’.

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Wheel loaders fill trucks with ore at the MP Materials' rare earths mine in Mountain Pass, California. MP Materials is one of the US companies that China imposed export controls on last week. Photo: Reuters
US-China relations

G20 summit in Miami perfect ‘backdrop for Trump-Xi meeting’: sources

Get-together would cap year with China hosting the Apec leaders’ meeting in Shenzhen in November before the US stages G20 just weeks later.

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United States

Why China is the big fight in USMCA trade review as US refuses to extend deal

Officials from the US, Mexico and Canada will meet on Wednesday to review the agreement after Trump said he does not want to extend it.

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