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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.
last updated:
9 September, 2024
US president-elect Donald Trump has threatened to impose a tariff of 60 per cent on Chinese exports. Photo: AP Photo
Hong Kong stock market

With US tariffs unlikely to reach 60% Hong Kong, China markets will rise: analysts

Analysts from Pictet and BNP Paribas expect US tariffs on Chinese goods to reach 20 per cent and 25 per cent, respectively.

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US-China relations

Trump tariffs will probably be 20% on most Chinese imports, not 60%: Goldman Sachs

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US-China relations

Trump may declare national emergency so he can impose tariff plan: US report

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US-China relations

Opinion | Trump will put US and China back on collision course

Even if both sides know conflict would be damaging and distract from domestic concerns, early signals suggest a clash will be hard to avoid.

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Illustration: Craig Stephens
US-China relations

US-China dialogue touches on ‘candid’ concerns before Trump takes office

US president-elect says he and Xi have spoken through representatives, but it is unclear if virtual communication system will be used again.

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US-China relations

US House select committee on China is reauthorised for another 2 years

The panel, reflecting consensus that China poses a challenge and charged with recommending policies, has the scope of its focus expanded.

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US-China relations

Why tycoons like Elon Musk are key to ‘trust, understanding’ between US, China

Roberta Lipson, who has invested in China for more than 40 years, says pragmatic economic policies and constructive dialogue from both sides can ensure a more positive business environment.

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Tesla and SpaceX CEO Elon Musk rouses the crowd at an America PAC event in support of Republican presidential candidate Donald Trump in Oaks, Pennsylvania, in October. Photo: AFP
US-China relations

Open Questions | Obama-era diplomat Daniel Russel on Trump 2.0’s potential effects on China

In a less forgiving global environment for Beijing, how will Donald Trump’s second term play out for Taiwan?

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US-China relations

Opinion | Why export controls are the weapon of choice in US-China tech war

With Donald Trump poised to expand tech sanctions in the name of national security, Beijing has signalled it won’t shy away from retaliation.

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Asean

Opinion | How Global South can resist US hegemony and its isolationism

Open engagement is key to countering both Donald Trump’s transactional nationalism and the US establishment’s drive for global hegemony.

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Illustration: Craig Stephens
Trade

Macroscope | Trump 2.0 will hit Asian economies harder

Asia’s best hope is that the transactional side of the incoming US president wins out and he strikes a grand bargain with China.

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Employees work on basketballs for export at a company in Suqian in China’s Jiangsu province on December 27. Photo: VCG/ Getty Images
Banking & finance

The View | Languishing wars, a stagnant China? Investors shouldn’t be so sure

While some forecast a 10 per cent rise for the S&P 500 and an underperforming China this year, key variables complicate such outcomes.

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US-China relations

Beijing sanctions, US’ Chinese migrants under Trump: 7 US-China relations reads

From FBI cyber fears to Beijing’s sanctions over Taiwan, here are highlights from the SCMP’s overseas correspondents in December 2024.

US-China relations

Why Trump 2.0 could push China-US relations into ‘high-risk’ territory

Foreign policy expert says that structural contradiction between US and China may undermine the current stability in relations.

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Since Donald Trump’s win in the US presidential election last month, Chinese scholars and officials have been largely pessimistic about the future of US-China ties. Photo: AFP
Asean

Opinion | In a Trump 2.0 trade war against China, Vietnam stands to benefit again

With its growing hi-tech manufacturing and US partnership in trade and security, Vietnam will be a critical beneficiary of the economic fallout.

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A woman rides past the Wistron NeWeb Corporation factory in Ha Nam, Vietnam, on October 11. The plant is expanding to produce satellite equipment for SpaceX. Photo: Reuters
US-China relations

Opinion | Why Trump’s tariff war with China is more dangerous than he thinks

Trump’s plan to wage economic war against China runs the risk of alienating US allies and having no effect on Beijing’s fortunes.

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US-China relations

Trump’s pick of Rubio as top US diplomat leaves Latin America bracing

Long-time outspoken China critic raises concerns in region he might press governments to choose sides between Washington and Beijing.

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US-China relations

Trump’s first 100 days: can Beijing stop downwards spiral in US-China ties?

Early contact with new administration seen as an important ‘window of opportunity’ for Beijing to help set the course of future relations.

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Illustration: Lau Ka-kuen
United States

Opinion | Trump’s threats won’t hold back Brics push to de-dollarise

US dominance is pervasive but not infallible, and a divided Brics can still find common ground in the pursuit of a multipolar global order.

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China trade

How Vietnam emerged as a serious rival to China’s export machine

Vietnam’s factories have made impressive progress since 2018 and are now competing with China on quality as well as price.

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China-EU relations

Open Questions | ‘Phase 2 China shock is coming’: Adam Tooze on Europe, America and manufacturing

Historian says he worries about escalation in tension between the great powers ‘to the point now of genuine war scares’.

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Illustration: Henry Wong
Hong Kong economy

Opinion | Hong Kong, Macau can grow China’s appeal in age of US containment

For China to break out of a US-led containment, both cities have a pivotal role in building global connections and bridging divides.

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President Xi Jinping speaks upon his arrival at Macau’s international airport in Macau on December 18, ahead of celebrations for the 25th anniversary of Macau’s return to Chinese sovereignty. Photo: Pool via Reuters
China trade

China’s trade tensions with US remain high as Trump tariffs loom

US has highest index for trade friction with China, China Council for the Promotion of International Trade says.

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US-China relations

Opinion | 2024 shows US-China tensions no longer the biggest story

Unrestrained regional powers jostling for control, building weapons and taking bolder risks are influencing trajectory of world politics.

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International Property

Chinese firms seek European base for factories amid trade tensions, tariffs

European industrial real estate developer CTP expects increased demand from Chinese firms that do not want to get caught in the trade war.

Chinese EV maker Nio has leased nearly 10,000 square metres of space from CTP in Budapest. Photo: CTP
US-China relations

US launches trade investigation into China’s ‘legacy’ chips

Trade agency say ‘evidence indicates’ that China seeks to dominate domestic and global chip markets.

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The US says China seeks to dominate domestic and global chip markets through extensive anticompetitive and non-market means. Photo: Shutterstock
China economy

Opinion | China can’t rely on technology as a panacea for economic recovery

As weak consumption hinders economic growth, policymakers must consider improving labour rights and wealth distribution to boost demand.

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Donald Trump

Trump picks Stephen Miran to head Council of Economic Advisers

Former Treasury aide headed for top White House economic job as Trump assembles team for second term.

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