US - Trade War (China) 02 (Aug 23 - Dec 27)

[winston]

China's Response

First: Tariffs on coal, liquefied natural gas, crude oil, agricultural equipment, vehicles with large displacement engines, and more.

Second: New restrictions on the export of minerals used in the production of electronic devices (tungsten, tellurium, ruthenium, molybdenum, ruthenium). China has increasingly restricted mineral exports to the U.S. for the last year; in November, it banned the export of gallium, germanium, and antimony, used in everything from semiconductors to night vision goggles.

Source: Asia Times

[winston]

Xi’s reply to Trump tariffs shows China has more to lose

The Chinese leader’s cautious reply avoided roiling markets, which have been whipsawed in the past week by Trump’s tariff twists and turns

This time Xi only put tariffs on US$14 billion worth of American products, a sliver of what Trump targeted,

China honed its regulatory sights on Google, even though Alphabet’s search services have been unavailable in the country since 2010.

Trump wants more balanced trade. He’s ordered an agreement he signed in 2020, known as the Phase One deal, to be reevaluated, suggesting tariff talks with China could yet drag out for months.

But he’s also seeking Xi’s help in swiftly stopping Russia’s war in Ukraine, and is pushing for China to split ownership of video app TikTok with a US company within a ticking 75-day deadline.

China’s options range from promises to buy more American oil and gas and keeping the yuan stable to delivering on the Phase One deal.

China could twist the arm of CK Hutchison Holdings to reduce its operations in Panama.

Source: Bloomberg

https://www.businesstimes.com.sg/intern ... -more-lose

[behappyalways]

The U.S.-China trade war heats up!
China sanctions U.S. companies, controls rare earths, and counters 10% tax increase

美中貿戰升溫! 陸制裁美企.管制稀土 反制10%加稅｜方念華｜FOCUS全球新聞20250204 ‪@tvbsfocus‬

https://m.youtube.com/watch?v=6HJ7wWh9l3w

[winston]

Why Chinese President Xi Jinping won’t just ‘hop on a call’ with Donald Trump

Uncertainty about when – or whether – the two will speak could reflect their different approach to the US-China relationship

But this uncertainty could also reflect caution on the part of Beijing as its leaders were reluctant to just “hop on a call”, according to diplomatic observers, who said the timing and nature of any conversation may offer more clues about China’s approach to Trump.

In the same week that tariffs on Chinese goods came into effect, Trump moved from signalling talks would happen within “24 hours” to saying he was “in no rush”.

Source: SCMP

https://www.scmp.com/news/china/diploma ... e=homepage

[behappyalways]

China Finds Leverage Ahead Of Trade Talks: Beijing Mulls Probe Into Apple's App Store Practices
https://www.zerohedge.com/markets/china ... -practices


This ‘Loophole’ Lets $54B of Products Into the U.S. Tariff-Free | WSJ Center Point
https://m.youtube.com/watch?v=87vkVBTepVM

[behappyalways]

Goodbye small tax exemption! China’s low-price e-commerce faces headwinds, U.S. Postal Service’s U-turn sparks controversy

小額免稅掰掰! 陸低價電商遇逆風 美郵政大轉彎惹議｜方念華｜FOCUS全球新聞20250207 ‪@tvbsfocus‬
https://m.youtube.com/watch?v=N_d-M4Lg7fs


China's tariffs are nothing compared to what the US is targeting, giving a sense that the country does not have as much leverage in this trade war.
https://x.com/Mayhem4Markets/status/1886810642616631649

[behappyalways]

China is much less reliant on exports to the US now vs 20 years ago
https://x.com/Mayhem4Markets/status/1888792111325016548

[behappyalways]

Away from the tariff war, Trump repairs China’s cross-border e-commerce and sales of the two leading companies in the United States plummet

關稅戰外 川普修理中跨境電商 兩龍頭在美銷售額大跌【#tvbs文茜的世界周報】 20250215 #川普 #關稅 #電商

https://m.youtube.com/watch?v=_somG_0V_VM

[winston]

Trump Reportedly Examines Possibility of Reaching New Trade Deal w/ CN

US President Donald Trump is revisiting the possibility of reaching a new trade agreement with China, The New York Times quoted current and former White House advisers as reporting.

Trump purportedly expressed interest in making a deal with China that would result in considerable investment by China and a commitment to buy more US products.

He also intends to reach an agreement with China on issues including nuclear weapons.

The Trump administration has not yet reached an agreement on what demands to make on China, report told, which also said that there have been discussions about inviting Chinese President Xi Jinping to Mar-a-Lago, or Trump to Beijing, but there are no official plans.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

Trump: New Trade Deal with CN Possible

US President Donald Trump has just indicated that a new trade deal with China is possible.

The US once had a good trade deal with China, he said, emphasizing that his relationship with Chinese President Xi Jinping is very good.

During Trump's first term, the US had signed the first phase of a trade agreement with China.

Earlier, according to a report in the New York Times, Trump expressed hope to reach a new broad trade agreement with China, including asking China to increase purchases of American goods and make large investments in the US.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN