The chief executive of Detroit Axle, which sells car parts that are mostly imported from China, is adjusting his business and hoping for a new trade deal.
Treasury Secretary Scott Bessent will finally start negotiating with Chinese counterparts. But business leaders shouldn’t expect any sudden breakthroughs.
Beijing says it will meet with American officials to discuss trade, but warned Washington against using the engagement to ratchet up pressure on China.
Xi Jinping, China’s leader, is reinforcing his bond with President Vladimir V. Putin of Russia. But that could hurt Beijing’s efforts to repair ties with Europe.
Increasing Western military support to India, and China’s to Pakistan, signals a shift in global alignments — and another potential flashpoint for international tensions.
Morocco is linked to Europe on the strength of its auto sector and a trade pact. But its status as a connector country has become precarious in the trade war.
China’s central bank acted shortly after news that officials from China and the Trump administration will hold their first formal trade talks since the punishing tariffs began.
Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, will discuss trade and economic matters with the officials this week.
While imports can swing with seasonal shifts, President Trump’s ratcheting up of U.S. tariffs on China has begun to cascade through supply chains, government data shows.
As a U.S. tax loophole ends, the apparel makers that sell to America are forced to consider alternative markets or cheaper locations in and outside China.
The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.
Chinese officials have long used their willingness to cooperate to stem the flow of fentanyl to the United States as leverage in talks over broader disputes.
The e-commerce site acted after the Trump administration said it would close a loophole that allowed low-cost Chinese-made items to enter the U.S. without import fees.
Irish investigators said TikTok did not protect the data of users in the European Union, improperly transferring some of it to China. TikTok said it would appeal.