HONG KONG (AP) — The United States and China released Monday reciprocal lists of products worth about $30 billion each that will see tariff cuts, in a deal expected to boost bilateral trade. The details came days after Chinese President Xi Jinping met with President Donald Trump in Washington in his first state visit to…
China, a key customer of Iranian oil, has advocated for a ceasefire, insisting US sanctions will not resolve the conflict. Published On 25 Aug 202625 Aug 2026 China has said that it would safeguard its interests after Washington unveiled new measures while laying out plans for the “economic asphyxiation” of Beijing’s economic partner Iran. Speaking…
TAIPEI, Taiwan (AP) — Taiwanese prosecutors charged nine people Monday, including one from Nvidia and two from Super Micro, for illegally exporting “high-end AI servers” to mainland China, adding another wave of turbulence in the AI rivalry between China and the United States. Under export controls, any sale by Nvidia of high-end AI servers —…
By Saurabh Sharma and Aftab Ahmed NEW DELHI, Aug 24 (Reuters) – Chinese President Xi Jinping is likely to attend next month’s BRICS summit in New Delhi with a large delegation, three sources said, in what would be his first visit in seven years and a fresh sign of a thaw between the rivals. India…
US President Donald Trump’s administration has said it aims to sever “every” economic lifeline sustaining Iran in what officials have warned will be the toughest sanctions campaign ever seen. The threat, if followed through, would mean putting China, Iran’s biggest trade partner, squarely in the crosshairs of US sanctions. Recommended Stories list of 4 itemsend…
White House report claims tens of billions of dollars in annual revenue lost to transshipments. Published On 14 Aug 202614 Aug 2026 US President Donald Trump’s administration has accused dozens of countries of helping China to illegally dodge United States tariffs, depriving government coffers of tens of billions of dollars in annual revenues. In a…
A new White House trade report says the Trump administration considers Canada among China’s “biggest enablers” in avoiding U.S. tariffs through transshipment, a “modern form of smuggling” that the U.S. claims is costing billions in lost tax revenue. The report released Thursday from the Office of Trade and Manufacturing Policy — titled “The Great Transshipment…
TAIPEI, Aug 8 (Reuters) – China’s attempt to implement traffic control measures on shipping heading into the Taiwan Strait during Typhoon Dolphin is “ridiculous”, Taipei said, adding that Beijing has no right to restrict access to international waters. China, which views democratically governed Taiwan as its own territory, also claims the strategic strait through which…
By Nichola Groom and Alexandra Alper WASHINGTON, Aug 6 (Reuters) – The White House on Thursday imposed a series of price floors and a 15% tariff on products made from polysilicon, the raw material used in semiconductors and solar panels that is primarily produced by China. U.S. President Donald Trump’s proclamation under Section 232 of…
BEIJING (AP) — China announced on Friday it was adding 14 European entities to an export control list in retaliation for the European Union penalizing 14 Chinese enterprises as part of its latest round of sanctions against Russia. Chinese companies will not be allowed to export dual-use items, which can be used for both civilian…