China has warned it will take “resolute and reciprocal” countermeasures against other countries negotiating with the US if they make a deal at China’s expense during the trade war. China’s commerce ministry was responding to recent news reports that Donald Trump planned to pressure other countries to limit their trade with China in return for tariff exemptions. Beijing and the US are locked in an escalating trade war, running separately to the US’s efforts to rewrite trade deals with the rest of the world. “China firmly opposes any party reaching…
Tag: US news
China sends back new Boeing jet made more expensive by tariffs
A Boeing jet intended for a Chinese airline landed back at the planemaker’s US production hub on Sunday, a victim of the tit-for-tat bilateral tariffs launched by Donald Trump. The 737 MAX, which was meant for China’s Xiamen Airlines, landed at Seattle’s Boeing Field at 6.11pm, according to a Reuters witness. It was painted with Xiamen livery. The jet, which made refuelling stops in Guam and Hawaii on its 5,000-mile (8,000-km) return journey, was one of several 737 MAX jets – Boeing’s bestselling model – that had been waiting at…
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…
New daily weight-loss pill shows success at clinical trial
A significant trial of a daily weight-loss pill has found that it helped people to shed the pounds and reduce their blood sugar levels, making it a contender to join the new wave of drugs that combat obesity and diabetes. People who took a 36mg pill of orforglipron lost an average of 7.3kg (16lbs) over nine months, according to results from a phase 3 clinical trial reported by the drug’s manufacturer, Eli Lilly, on Thursday. The trial, which enrolled 559 obese people with type 2 diabetes from the US, China,…
Nvidia’s CEO makes surprise visit to Beijing after US restricts chip sales to China
The chief executive of the American chip maker Nvidia visited Beijing on Thursday, days after the US issued fresh restrictions on sales of the only AI chip it was still allowed to sell to China. Jensen Huang’s surprise visit was on the invitation of a trade organisation, according to a social media account affiliated with state media. The official broadcaster China Central Television said Huang met Ren Hongbin, the head of the China Council for the Promotion of International Trade, where he said he hopes “to continue to cooperate with…
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…
Why is US threatening to ban TikTok and will other countries follow suit?
Joe Biden has signed into law a bill that requires TikTok’s Chinese owner to sell the social media app’s US operations or face a ban, after the Senate passed the legislation. The law, part of a foreign aid package for Ukraine, Israel and Taiwan, sets the clock ticking on a potential ban for a platform that is hugely popular in the US. Here is a guide to the TikTok legislation and what may happen next. How does the legislation pave the way for a sale or ban? The bill gives…
China warns US after Senate passes aid bill worth billions to Taiwan – video
Beijing has warned Washington to stop arming Taiwan after the US Senate approved a bill that includes $8bn for countering China’s actions threatening America’s allies in the Indo-Pacific region. The package covers a wide range of parts and services aimed at maintaining and upgrading Taiwan’s military hardware and is meant to counter the threat of invasion by China, which claims the island as its own territory. Separately, Taiwan has signed billions in contracts with the US for the latest-generation F-16V fighter jets, M1 Abrams tanks and the Himars rocket systems,…
Antony Blinken heads to China with warning for Beijing over support of Russia
Antony Blinken was due to land in China on Wednesday, amid a worsening rift between the world’s two most powerful countries that threatens to overshadow otherwise improving relations. The US secretary of state is coming with a warning that the US and its European allies are no longer prepared to tolerate China’s sale of weapon components and dual-use products to Russia, which are helping Vladimir Putin rebuild and modernise his arms factories, enabling him to intensify his onslaught on Ukraine. Relations between China and the US had been warmer recently,…