Report: Trump officials planning escalation of US-China tech trade war

Enlarge / Donald Trump and Chinese president Xi Jinping in Beijing in November. The Trump administration is looking to widen its trade war with China by restricting Chinese access to US technology, according to reports from the Wall Street Journal and Reuters. “The Treasury Department is crafting rules that would block firms with at least […]

A US-China trade war would send ‘hot commodities’ through the roof

Reuters/Carlos Barria Headlines like this one from the Financial Times a few weeks ago tend to focus the attention… It reads, “Trump set to launch first major trade action targeted at China.” This was the first shot in what will likely be trade war with the world’s second-largest economy – which also happens to be a crucial party […]

Trump’s trade threats are based on a deep misunderstanding of the US-China economic relationship

Philippe Wojazer/Reuters President Donald Trump keeps threatening trade spats with China, then retreating. A new report from the Institute for International Finance warns of the risks of a trade war. Trump’s view ignores the benefits of open trade for the world’s two largest economies. President Donald Trump has a confusing relationship with China. The fiery […]

North Korea launches ballistic missile after US-China talks

KCNA/Handout North Korean forces reportedly launched another ballistic missile at around 9:40 a.m. local time, South Korean officials reported. The South’s Joint Chiefs of Staff said in a statement that Tuesday’s launch came from an airfield in North Korea’s northwestern Phyongan province, according to Reuters. The missile was said to have landed in Japan’s Exclusive […]

XI WARNS TRUMP: ‘Negative factors’ are hurting US-China relations

REUTERS/Carlos Barria BEIJING (AP) — Chinese President Xi Jinping warned President Donald Trump on Monday that “some negative factors” are hurting U.S.-China relations, as tensions flare anew over a slew of long-standing sore points. Xi’s comments in a phone call with Trump follow Beijing’s displeasure over U.S. arms sales to rival Taiwan, U.S. sanctions against […]

UN expands North Korea blacklist in first US-China sanctions deal under Trump administration

Mike Segar/Reuters UNITED NATIONS (Reuters) – The UN Security Council on Friday expanded targeted sanctions against North Korea after its repeated missile tests, adopting the first such resolution agreed by the United States and Pyongyang’s only major ally China since President Donald Trump took office. The Trump administration has been pressing China aggressively to rein […]

Rex Tillerson urges ‘constructive’ US-China relationship in phone call with China’s top diplomat

U.S. Secretary of State Rex Tillerson spoke by telephone with China’s top diplomat on Tuesday and affirmed the importance of a constructive U.S.-China relationship, and the two agreed on the need to address the threat posed by North Korea, the State Department said. Tillerson and Yang Jiechi, China’s state councilor who outranks the foreign minister, […]