BEIJING (AP) — China signaled Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump, urging the U.S. to resolve differences through negotiations instead of threats. “China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a tariff war…
TAIPEI, Taiwan (AP) — China will tighten the rules for exporting electric vehicles by requiring automakers to obtain export permits from next year, the Commerce Ministry said Friday. The export licenses, required from Jan. 1, are intended to “promote the healthy development of the new energy vehicle trade,” the ministry said in a statement. The…
Reaching a pact with China remains unfinished business for U.S. President Donald Trump, who has already upended the global trading system by slapping double-digit taxes – tariffs – on almost every country on earth. Reaching a pact with China remains unfinished business for U.S. President Donald Trump, who has already upended the global trading system…
By Liam Mo, Brenda Goh and Karen Freifeld BEIJING/SHANGHAI/NEW YORK (Reuters) -Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. The Trump administration…
A U.S. Department of Commerce employee and U.S. citizen has been unable to leave China since mid-April and is under heavy surveillance by the Chinese government. Chinese intelligence officers reportedly began tracking the employee, who is also a veteran, after he traveled to a region of southwest China to visit family members. The intelligence officers…
PARIS (AP) — It-designer Anthony Vaccarello on Tuesday sent out a Saint Laurent men’s collection that felt both sun-drenched and haunted, set not just in the heart of Paris, but drifting somewhere between the city and the legendary queer enclave of Fire Island in New York. Staged at the Bourse de Commerce, the grand art…