China, Trump
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China’s factory activity contracts for 2nd month in row
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President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
Barely a week after a high-profile joint statement signaled a pause in trade hostilities, the U.S. and China are disagreeing again.
China said it will not send its defense minister to the Shangri-La Dialogue in Singapore and recently escalated export restrictions.
Exports of semiconductors jumped 21.2%, thanks to robust demand for advanced memory chips, but car exports fell 4.4% due to U.S. tariffs and production at Hyundai Motor's new factory in the U.S. state of Georgia, according to the ministry.
Just weeks after US President Donald Trump declared a “total reset” with China following a trade truce in Geneva, tensions are rising again between the world’s biggest economies.
Just two-and-a-half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other’s key industries.
Commerce secretary cites ‘tenuous ceasefire’ between India and Pakistan as a direct result of American president’s power to intervene.
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ET BrandEquity on MSNMisinformation on Chinese social media platforms casts shadow on US-China trade truceFalse claims and misinformation on Chinese social media platforms are fueling anti-American sentiment, potentially jeopardizing the temporary trade truce between the US and China. Experts warn that misleading narratives spread online could exacerbate tensions and influence public opinion.