China

u.s.-west-coast-shipments-to-plunge-due-to-trump's-tariffs

World

5 months ago

U.S. West Coast Shipments to Plunge Due to Trump’s Tariffs

Shipments from China to the West Coast of the U.S. are set to plummet next week, as President Donald Trump’s tariffs prompt companies to reduce their import orders. Gene Seroka, executive director

china-slams-u.s.-tariffs,-warns-against-deals-at-its-expense

World

5 months ago

China Slams U.S. Tariffs, Warns Against Deals at Its Expense

China escalated its rhetoric on Monday, accusing the United States of abusing tariffs and warning countries against entering trade deals with the U.S. that harm China’s interests. The latest remarks, coming from

china’s-rare-earth-export-controls-disrupt-auto-industry

World

4 months ago

China’s Rare-Earth Export Controls Disrupt Auto Industry

Overview of Rare-Earth Shortage In recent weeks, automakers have been scrambling to find alternative sources of magnets due to China’s export curbs on rare-earth materials. Frank Eckard, CEO of German magnet maker

China expels US warship from South China Sea

Incident near Scarborough Shoal China said Wednesday it had warned and “driven away” the US destroyer USS Higgins after it sailed near the disputed Scarborough Shoal in the South China Sea, one

1 month ago

Politics

Nvidia Responds to Smuggling Claims, Defends Chip Policy

Unauthorized Chip Use in China Sparks Firm Rebuke Nvidia issued a strong statement denouncing the illegal use of its chips in Chinese data centers, calling it a “losing proposition” for companies trying

2 months ago

Business

Auto Suppliers Urge Action on China’s Export Restrictions

A group representing U.S. auto suppliers called for immediate action on Wednesday to address China’s restrictions on rare earth exports, warning that the issue could soon disrupt auto parts production. The call

4 months ago

Economy

New U.S. Export Restrictions Target China, Raising Concerns

The United States has imposed new export restrictions on companies, preventing them from shipping certain products to China without a license. This move, which includes products like electronic design automation (EDA) software,

4 months ago

Business

Best Buy Slashes Guidance as Tariffs Weigh on Earnings

Best Buy (BBY) investors woke up to disappointing news on Thursday as the retailer reported mixed earnings and lowered its forecast for 2025, citing the ongoing impact of tariffs. Shares plunged nearly

4 months ago

Business

PDD Holdings Faces 47% Profit Drop Amid Tariff Pressures

Chinese e-commerce giant PDD Holdings (PDD.O) reported a sharp 47% drop in first-quarter net profit, falling to 14.74 billion yuan ($2.05 billion) as it struggled with intense local competition and global trade

4 months ago

Investing

China’s Industrial Profits Improve, but Challenges Remain

China’s industrial profits showed positive growth in April, offering hope that recent stimulus efforts are helping to stabilize the economy amid rising trade tensions with the United States. Official data released on

4 months ago

Economy

Tencent and Baidu Tackle U.S. Chip Curbs in AI Race

As the U.S. tightens restrictions on key semiconductor exports, Chinese tech giants Tencent and Baidu are adapting their strategies to remain competitive in the global artificial intelligence (AI) race. Both companies are

4 months ago

Business

Lutnick Defends Tariffs, Claims $30B Monthly Revenue Gain

Commerce Secretary Howard Lutnick recently defended the Trump administration’s tariff strategy, emphasizing that the current 10% tariffs are generating over $30 billion per month in revenue without causing consumer price hikes. Speaking

4 months ago

Economy

BYD Surpasses Tesla in European EV Sales

In a significant shift in the European electric vehicle (EV) market, Chinese automaker BYD has overtaken Tesla in sales for the first time. According to a report by JATO Dynamics, BYD sold

4 months ago

Business

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China

U.S. West Coast Shipments to Plunge Due to Trump’s Tariffs

China Slams U.S. Tariffs, Warns Against Deals at Its Expense

China’s Rare-Earth Export Controls Disrupt Auto Industry

China expels US warship from South China Sea

Nvidia Responds to Smuggling Claims, Defends Chip Policy

Auto Suppliers Urge Action on China’s Export Restrictions

New U.S. Export Restrictions Target China, Raising Concerns

Best Buy Slashes Guidance as Tariffs Weigh on Earnings

PDD Holdings Faces 47% Profit Drop Amid Tariff Pressures

China’s Industrial Profits Improve, but Challenges Remain

Tencent and Baidu Tackle U.S. Chip Curbs in AI Race

Lutnick Defends Tariffs, Claims $30B Monthly Revenue Gain

BYD Surpasses Tesla in European EV Sales

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