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Chinese exporters 'numb' to U.S. threats as Trump set to visit

Chinese exporters 'numb' to U.S. threats as Trump set to visit

By Casey Hall and Ellen Zhang SHANGHAI/BEIJING, May 7 (Reuters) - President Donald Trump's visit to Beijing this month is none of her business, says Chinese salesperson Yu Yangxian, even though a large share of the electric lockers and vending machines sold by her company are destined for the United
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U.S. President Trump's renewed trade war with China

U.S. President Trump's renewed trade war with China

BEIJING, May 7 (Reuters) - U.S. President Donald Trump is set to meet Chinese President Xi Jinping in May on his first visit to China in eight years. Here is how the rivalry between the world's two biggest economies has unfolded since Trump returned to the White House in 2025.
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Chinese Firms Resilient to U.S. Tariff Threats Amid Trade Tensions

Chinese Firms Resilient to U.S. Tariff Threats Amid Trade Tensions

Chinese companies have reportedly become less reactive to tariff threats from the United States, as indicated by recent statements from industry executives. Despite the ongoing trade tensions, Chinese firms have maintained their competitiveness and resilience by focusing on self-sufficiency and expanding into new markets. The American Chamber of Commerce in Shanghai noted that its members have limited expectations from President Trump's visit to Beijing, but they remain hopeful for a temporary truce on tariffs. The Chinese strategy includes leveraging global dependence on their supply chains and controlling exports of critical materials like rare earths. This approach has allowed Chinese exporters to remain competitive, even as exports to the U.S. have decreased.
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US beef producers hope China access is on Trump-Xi summit menu

US beef producers hope China access is on Trump-Xi summit menu

By Ella Cao, Tom Polansek, Daphne Zhang and Lewis Jackson BEIJING/CHICAGO, May 8 (Reuters) - U.S. beef producers are hoping for a trade deal during the upcoming leaders' summit that could renew licenses to export to China, where they have been largely locked out since Beijing allowed registrations
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US senators urge stability, cooperation between US, China

US senators urge stability, cooperation between US, China

BEIJING, May 7 (Reuters) - A delegation of U.S. senators visiting Beijing has called for stability and peaceful cooperation between the world's two largest economies a week before the countries' leaders meet. "I strongly believe that we want to de-escalate, not decouple.
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President Trump and Xi Jinping to Meet Amid Iran Conflict Tensions

President Trump and Xi Jinping to Meet Amid Iran Conflict Tensions

President Donald Trump is set to meet with Chinese President Xi Jinping in Beijing, with the ongoing Iran conflict casting a shadow over the summit. The meeting, postponed for two months, will address a range of issues including trade, Taiwan, and artificial intelligence. Tensions have been heightened by U.S. sanctions on Chinese entities linked to Iran, and Beijing's defiance of these measures. The summit aims to stabilize U.S.-China relations and potentially extend a trade truce, despite the complexities introduced by the Iran situation.
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China's exports likely picked up pace in April on Iran war stockpiling: Reuters Poll

China's exports likely picked up pace in April on Iran war stockpiling: Reuters Poll

BEIJING, May 8 (Reuters) - China's export growth likely quickened in April, a Reuters poll showed on Friday, as companies rushed to stockpile components from the manufacturing powerhouse amid fears the Iran war could push input costs even higher.
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President Trump and Xi Jinping to Discuss Taiwan Amidst Tensions

President Trump and Xi Jinping to Discuss Taiwan Amidst Tensions

President Donald Trump is set to meet with Chinese President Xi Jinping in Beijing next week, with Taiwan expected to be a significant topic of discussion. The meeting comes as Taipei expresses concerns over potential shifts in U.S. policy regarding Taiwan, which China claims as its territory. Despite these concerns, the U.S. has reaffirmed its unchanged policy on Taiwan. The summit is anticipated to focus on managing issues rather than solving fundamental problems, with potential economic discussions involving American aircraft and agricultural goods. The meeting is part of ongoing U.S.-China relations, where Taiwan remains a sensitive issue.
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Wall Street soars, oil plunges as China calls for comprehensive ceasefire in Iran-US war

Wall Street soars, oil plunges as China calls for comprehensive ceasefire in Iran-US war

Markets on Wall Street soared overnight and U.S. crude prices plunged 13% after China’s foreign minister called for a comprehensive ceasefire in the Iran war, the latest spark of optimism that the two-month war could end soon
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US industries, trade groups split over Trump's tariff probe on excess factory capacity

US industries, trade groups split over Trump's tariff probe on excess factory capacity

By David Lawder WASHINGTON, May 5 (Reuters) - Domestic U.S. industries are urging the Trump administration this week to impose higher tariffs to curb the rising tide of exports from China and other countries with excess factory capacity, while import-dependent and agriculture groups want a more
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U.S. Lawmakers Urge President Trump to Restrict Chinese Auto Manufacturing

U.S. Lawmakers Urge President Trump to Restrict Chinese Auto Manufacturing

Over 70 House Democrats have urged President Trump to prevent Chinese carmakers from entering the U.S. market, citing threats to American manufacturing and national security. The lawmakers recommend maintaining high tariffs on Chinese cars and banning Chinese companies from manufacturing in the U.S. They argue that Chinese government subsidies and labor practices allow for unfair competition. However, some suggest that allowing Chinese manufacturing in the U.S. under strict conditions could mitigate these concerns by ensuring American jobs and quality standards.
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China's New Sanctions Policy Challenges U.S. Trade Measures Ahead of Trump-Xi Summit

China's New Sanctions Policy Challenges U.S. Trade Measures Ahead of Trump-Xi Summit

President Trump is set to meet with China's President Xi Jinping in Beijing on May 14-15, amidst a significant policy shift by China regarding U.S. sanctions. On May 2, China's Ministry of Commerce issued Announcement No. 21, which directs Chinese entities to disregard U.S. sanctions related to trading with Iran. This move specifically targets Executive Orders 13902 and 13846, which sanction entities trading with Iran. The announcement comes as a prelude to the upcoming summit, signaling China's intent to challenge U.S. sanctions policies. The directive allows Chinese companies to sue for damages in Chinese courts if foreign entities comply with U.S. sanctions, marking a significant escalation in trade tensions.