China says U.S. violated tariff truce
Digest more
China pushes back
Digest more
Top News
Impacts
China responded to President Trump on Monday, accusing the US of violating their trade agreement and vowing to protect its interests. “If the US insists on its own way and continues to damage China’s interests,
Beijing has infuriated Trump officials by failing to loosen its crackdown on exports of seven “heavy” rare earth metals which are essential for gadgets like smartphones and electric cars as well
Good morning. Beijing may have the upper hand in talks on minerals the US wants badly. South Korea votes on its future as it moves beyond constitutional chaos. And Tom Cruise flies high at China’s box office.
US tensions with two key trade partners amped up on Monday after President Trump doubled tariffs on steel and aluminum and the US pushed countries for deals ahead of looming deadlines. China responded to Trump's claim on Friday that it has "totally violated its agreement" with the US,
Global aviation supply chains have been rattled by uncertainty following US President Donald Trump’s trade policies since his return to the White House in January. After tariffs between China and the US surged in April, some Chinese airlines refused to accept deliveries of Boeing planes, Ortberg confirmed last month.
The president is set to raise tariffs on steel and aluminum this week, even as the courts are challenging the legitimacy of other levies.
Ongoing US-China trade tensions and volatile policy shifts have left investors caught between betting on tariff deescalations and bracing for increased uncertainty.
China's factory activity contracted in May, according to an official survey released on Saturday, although the decline slowed from April as the country reached a deal with the U.S. to slash President Donald Trump's sky-high tariffs.