US-China Trade War

President Donald Trump’s latest shot in his economic battle with China isn’t simply about imposing tariffs on products marked “Made in China.” It’s about tracing the crumbs of global supply chains and slamming the doors wherever Chinese goods may be slipping through....

Automakers worldwide have criticized China's restrictions on rare earth minerals and magnets, which are crucial to automotive production, amid ongoing U.S.-China trade tensions. What Happened: Automakers from the U.S., Europe, Japan, and India have raised alarms over China's export curbs on raw...

Nvidia Corporation (NASDAQ:NVDA) is reportedly redesigning its H20 artificial intelligence chip for the Chinese market after U.S. export controls effectively blocked the original version, with plans to launch the modified chip as early as July. What Happened: Nvidia has notified major Chinese...

Amid the ongoing U.S.-China trade war, Chinese President Xi Jinping has embarked on a diplomatic tour of Southeast Asia, advocating for free trade and unity against “unilateral bullying.” What Happened: Xi Jinping reached Vietnam on Monday, marking the beginning of his diplomatic tour...

In response to the United States’ unilateral decision to impose a 10% tariff on all Chinese goods, China has announced its intention to retaliate by imposing tariffs on certain US imports. What Happened: The State Council Customs Tariff Commission announced on Tuesday that it will be imposing...

In light of the potential for a heightened trade war between the United States and China during the Trump era, retailers and manufacturers are making their Christmas orders sooner than normal. This could worsen existing supply chain problems. What Happened: Vincent Clerc, the CEO of AP Møller-...

On Wednesday, President Joe Biden is set to propose a significant adjustment in the nation’s trade policy towards China, aimed at strengthening the domestic steel sector and addressing broader industrial concerns. In a visit to Pittsburgh, Biden is expected to announce new 25% tariffs on...

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has met with China’s commerce minister Wang Wentao for the second time in 2023, against a backdrop of growing concerns regarding a potential iPhone ban by the Xi Jinping administration, as they discuss the...

The White House has accused China of implementing a ban on Apple Inc.’s (NASDAQ:AAPL) iPhones, alleging it to be a retaliatory measure amid the ongoing trade tensions between the two countries. What Happened: On Wednesday, National Security Council spokesman...

Emerging markets expert Mark Mobius reportedly said he is betting big on semiconductor shares as the U.S. and China hike investments in the sector. Chipmakers are "the number one category we have in our portfolio," Mobius told Bloomberg Television. The companies associated with the sector are going...

The U.S. banned Chinese smartphone major Xiaomi Corp (OTC: XIACF) (OTC: XIACY) over alleged military ties triggered by an award given to its founder his service to the state, the Wall Street Journal reports. What Happened: Xiaomi CEO Lei Jun received the award of...

The outgoing President Donald Trump’s administration continues to add pressure on China even as its term nears an end. In the latest move, U.S. has added China’s leading smartphone maker Xiaomi Corp (OTC: XIACF) and its third-biggest driller CNOOC Ltd (NYSE: CEO) to...

The outgoing President Donald Trump's administration continues to put pressure on China as it nears the end of its term. Trump issued an amended executive order that clarifies the ban on investment in companies tied to the Chinese military, Bloomberg reports. What Happened: The...

Top U.S. banks like JPMorgan Chase & Co (NYSE: JPM), Goldman Sachs Group Inc (NYSE: GS), and Morgan Stanley (NYSE: MS) will delist structured products listed on the Hong Kong stock exchange, according to a Financial Times publication on...

In an unorthodox twist, Intercontinental Exchange Inc (NYSE: ICE)-owned New York Stock Exchange is reversing its decision to delist China Mobile Ltd. (NYSE: CHL), China Telecom Corporation Limited (NYSE: CHA), and China Unicom Hong Kong Limited (...