News

Trump Loses First Round of Trade War as US Economy Shrinks, China's Grows
In a week when President Donald Trump wanted headlines about wins, he got one about economic losses—while the rival he set ...
China quietly exempts about a quarter of U.S. imports from tariffs
China has quietly started to exempt some US goods from tariffs that likely cover around $40 billion worth of imports, in what ...
Xi says China's economy should adapt to external changes
BEIJING (Reuters) -Chinese President Xi Jinping called on Wednesday for action to adjust to changes in the international ...
MoneyWeek1h
The unravelling of US-China trade – what will it mean for the economy?
Bilateral trade was worth $582 billion in 2024. The US imports $41 billion worth of smartphones a year from China, or 73% of imports in the category. With laptops, it’s $32 billion at 66%.
Trump pushes back against economic anxieties in ABC interview, says China 'probably will eat those tariffs'
President Trump stood by his controversial trade policies in an exclusive Oval Office interview Tuesday with ABC News' Terry ...
Elon Musk Says Will Come As A 'Surprise To Most' As China's Economy Surpasses US And EU Amid Rising Tariffs And Growing Recession Fears
CEO Elon Musk drew attention on Tuesday to economic data showing China’s economy has significantly outgrown both the United ...
Tariff loophole on cheap goods from China's Temu and Shein ends today
The U.S. added 177,000 jobs in April, beating expectations. This comes as the economy braces for more uncertainty due to ...
How a U.S. Tax Loophole Supercharged China’s Exports
E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.