Chang Chang, a Sichuan restaurant in Washington DC, was already noticing that some of its business had dropped off after tens of thousands of federal workers living in the area lost their jobs. But the recent tariff rate hikes mark an even greater blow for the restaurant. Sichuan peppercorns, which create the signature numbing spice of the regional Chinese cuisine, along with other ingredients, face an at least 145% tariff after last week’s tit-for-tat trade battle between China and the United States. The steep rate is an existential threat for…
Tag: Donald Trump
Ukraine war briefing: Kyiv sanctions three Chinese companies accused of helping Russia
Ukraine imposed sanctions on three Chinese companies on Friday, claiming they were involved in the production of advanced Iskander missiles. The sanctions list, which also includes Russian companies, names Beijing Aviation & Aerospace Xianghui Technology, Rui Jin Machinery and Zhongfu Shenying Carbon Fiber Xining, all registered in China. Ukraine’s president, Volodymyr Zelenskyy, said on X: “Today, we have expanded our Ukrainian sanctions against nearly a hundred more entities – natural and legal persons – most of whom are involved in the production of such missiles – Iskanders – like those…
Finally, the Trump regime has met its match | Robert Reich
It was bound to happen. Encouraged by the ease with which many big US institutions caved in to their demands, the Trump regime – that is, the small cadre of bottom-feeding fanatics around Donald Trump (JD Vance, Elon Musk, Russell Vought, Stephen Miller and RFK Jr) along with the child king himself – have overreached. They’ve dared China, Harvard and the supreme court to blink. But guess what? They’ve met their matches. None of them has blinked – and they won’t. China not only refused to back down when the…
Temu and Shein warn of US price hikes from next week due to Trump tariffs
Two of China’s largest fast fashion retailers, Temu and Shein, have warned US customers that they will face price increases from next week, as Donald Trump’s hefty tariffs on Chinese imports come into force. Both companies will be hit by new import levies, which will mean taxes of up to 145% being applied to Chinese goods. They will also suffer from Trump’s cancellation of the “de minimis” exemption, under which shipments worth less than $800 (£600) could be imported duty-free. That exemption was crucial in helping the low-cost retailers make…
‘A 1939 moment’: Jim Sciutto on Russia, China and the threat of war
At CNN in Washington, Jim Sciutto’s dimly lit office is both man cave and shrine to a foreign correspondent who has reported from more than 50 countries. A typewriter he bought on Portobello Road during a decade in London. Photos he took in Afghanistan and Ukraine. A Vietnamese newspaper account of the time he rode over the South China Sea on a US spy plane. A corked bottle of water from his trip to the North Pole in a US nuclear submarine. A fragment of the Black Hawk helicopter destroyed…
Trump businesses received millions in foreign payments while he was in office
Donald Trump “repeatedly and willfully” violated the US constitution by “allowing his businesses to accept millions of dollars from some of the most corrupt nations on Earth”, prominently including China, the top Democrat on the House oversight committee charged on Thursday, unveiling a 156-page report on the matter. Four businesses owned by Trump’s family conglomerate received at least $7.8m in payments in total from 20 countries during his four years in the White House, the report said. It added that the payments probably represented just a fraction of foreign payments…
The world in 2024: Guardian writers on what to look out for
The year 2024 will be a critical one. The future of Gaza and the West Bank may hinge in part on whether Donald Trump returns to the White House – as may the outcome of the war in Ukraine. China will be locked in a race against time as its population ages. And the natural world will reach a new series of tipping points. But there are some reasons for cautious optimism. With so much happening, it can be hard to know where to look. Here Guardian correspondents offer their…
US-China cultural exchange at low point after tensions and Covid, data shows
Cultural ties between the US and China are at a low point after several years of decline, according to Guardian analysis of official figures. The Covid-19 pandemic and travel restrictions, coupled with the continuing trade war between the two countries, is diluting cultural exchanges, with visitor numbers, students and even the world of literature all affected. During the late 2000s and early 2010s there was an increase in cultural exchange between the US and China. Since then, tensions between the two countries – which rose under Donald Trump and have…
Trump says Putin is ‘somewhat weakened’ by aborted mutiny
Donald Trump, a longtime admirer of Vladimir Putin, said on Thursday that the Russian president has been “somewhat weakened” by an aborted mutiny and that the US should use this moment to negotiate a peace settlement between Russia and Ukraine. “I want people to stop dying over this ridiculous war,” Trump told Reuters in a telephone interview. On Ukraine, Trump did not rule out that the Kyiv government might have to concede some territory to Russia in order to stop the war, which began with Russian forces invading Ukraine 16…
Chinese business tycoon and Bannon ally Ho Wan Kwok arrested in $1bn fraud conspiracy
Ho Wan Kwok, a self-exiled Chinese tycoon with close links to prominent Trumpist Republicans including Steve Bannon, has been indicted on 12 counts relating to an alleged $1bn fraud. The charges announced by the US attorney for the southern district of New York on Wednesday include wire fraud, securities fraud, bank fraud and money laundering. Kin Ming Je, a Hong Kong and UK dual citizen also known as William Je and described as Kwok’s financier, was also named in the charges and faced a further count of obstruction of justice.…