China Trade News - Latest Updates & Headlines
Apple to shift all US iPhone assembly to India by 2026
Cupertino, April 26: In a strategic move driven by escalating trade tensions between the United States and China, Apple is set to transition all production of iPhones destined for the US market to India.
Uttar Pradesh sets ambitious target to triple exports by 2030
Lucknow April 26: The Uttar Pradesh (UP) government has set an ambitious target of tripling its export by 2030, as the ongoing tariff war between the United States and China has provided an opportunity for the state, an official statement said on Saturday.
US lawmakers back trade action on China's shipbuilding tactics
Washington DC, April 22: The Select Committee on China expressed its approval of the US Trade Representative's conclusions from the Section 301 investigation regarding China's excess shipbuilding capacity.
India should engage with both US and China; remain committed to WTO-led multilateral trade norms: GTRI
New Delhi, April 21: India must engage with both the US and China and it should not draw itself into any binary amid the trade wars between economic giants, Ajay Srivastava, founder of Global Trade Research Initiative (GTRI) said in a note.
U.S. losing economic leverage to China; Jefferies suggest Investors should reduce positions in favour of Europe, China and India
New Delhi, April 21: American multinational investment bank and financial services company Jefferies has raised concerns about the shifting global economic power balance and the diminishing financial leverage of the United States under President Donald Trump, primarily due to ongoing tariff policy issues.
Gold gains 25% in 2025; outlook remains firm: Motilal Oswal
New Delhi, April 20: Gold has delivered a stellar performance in the first four months of 2025, gaining nearly 25 per cent and marking all-time highs on both MCX and COMEX.
China opposes US shipping fees, claims move will harm American consumers, businesses
Beijing, April 18: In response to the United States' recent announcement to impose additional port fees on Chinese-built or -operated ships docking in US ports, China expressed strong opposition and said that such measures would not only harm the US economy but also have consequences for global shipping, disrupt supply chains and increase inflationary pressures.
Apple's China smartphone shipments fall 9 pc in Q1 amid rising trade tensions
New Delhi, April 18: Apple's smartphone shipments in China dropped by 9 per cent in the first quarter of 2025 to 9.8 million iPhones, down from over 10.7 million a year earlier, according to latest data from global market research firm IDC.
We're going to make a very good deal with China, says Trump
Washington DC, April 18: US President Donald Trump on Thursday expressed confidence about reaching a "very good" trade deal with China, even as the US imposed steep tariffs of up to 245 per cent on Chinese imports in response to Beijing's retaliatory actions.
India can be global growth hub amid US-China tariff war: Industry leaders
New Delhi, April 17: As tensions continue to rise between the US and China over trade tariffs, Indian industry leaders believe this could be a golden opportunity for their country to position itself as a global hub for innovation and economic growth.
Trump administration targets China's trade tactics, accuses Beijing of tariff evasion
Washington DC, April 17: The administration of US President Donald Trump is preparing to urge countries to reduce trade with China as part of negotiations over US tariffs, according to a report from The Japan Times.
Fitch Ratings lowers world growth forecast due to escalation in global trade war
New Delhi, April 17: Fitch Ratings has sharply lowered its forecasts for world growth in response to the severe escalation in the global trade war, lowering world growth in 2025 by 0.4pp and China and US growth by 0.5pp, according to its quarterly Global Economic Outlook report.
US tariff hikes no longer make economic sense: China
Beijing, April 17: A Chinese foreign ministry spokesperson said on Thursday that the United States' 245 per cent tariff on certain products from China no longer makes economic sense.
Temporary tariff pause mitigates trade contraction, but strong downside risks persist: WTO
Geneva, April 17: The volume of world merchandise trade is expected to decline by 0.2 per cent in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a "low tariff" baseline scenario, according to the WTO Secretariat's latest Global Trade Outlook and Statistics report released on April 16.
US slaps sanctions on Chinese refinery for buying Iranian crude oil worth over USD 1 bn
Washington, DC, April 16: The US imposed sanctions on Wednesday on Shandong Shengxing Chemical Co., Ltd, a Chinese refinery, for buying over USD 1 billion worth of Iranian crude oil.
Li Chenggang appointed China's international trade representative amid US trade tensions
Beijing, April 16: Amid ongoing trade tensions with the United States, Li Chenggang has been appointed as China's new international trade representative and vice minister of commerce.
Sensex rises on hopes Trump tariffs wont hurt India
New Delhi, April 16: Indian stock indices closed handsomely higher Wednesday, amid global trade uncertainties that have emanated from the Trump administration's reciprocal tariffs and Chinese counter tariffs.
US halts Nvidia H20 chip exports over fears of China's misuse in AI
Taipei, April 16: The United States has enacted restrictions on the export of Nvidia's H20 chips to China, tightening its control over the trade of advanced AI technology with Beijing as part of Washington's strategy to exert pressure on China amid an ongoing tariff dispute, the Radio Free Asia (RFA) reported.
Ask US side for specific tax rate figures: China reacts to 245% tariff levied by US
Beijing, April 16: Reacting to the White House's statement claiming China now faces up to 245 per cent tariffs on imports to the US, Chinese Foreign Ministry spokesperson Lin Jian said they should ask the US side for the "specific tax rate figures."
China now faces up to 245% tariffs from US: White House
Washington DC, April 16: China's retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States, according to a fact sheet released by the White House. Prior to the latest revision, a 145 per cent tariff was being levied on Chinese exports to the United States.
Crisil highlights dumping of electronics, machinery and textiles from China; India, prepared to face the risk
New Delhi, April 16: As trade tensions between the US and China escalate, the risk of China dumping electronics products in India has increased. Chinese companies are now looking to expand their presence in India by offering discounts to Indian buyers to make up for lost sales in the US.
Only Trump has vision, courage to say enough is enough: US State Department on tariffs
Washington, DC, April 16: US President Donald Trump's actions on tariffs have illustrated to the country's enemies and allies that the US should not be taken for granted, US State Department spokesperson Tammy Bruce said on Tuesday (local time). Bruce said that only Trump has the vision and courage to say enough is enough, and the US has the great benefit of having the "world's best dealmaker" as President.
Ball is in China's court: WH Press Secretary Leavitt on tariff war
Washington DC, April 16: White House Press Secretary Karoline Leavitt responded to questions on China during the White House Press Briefing on Tuesday (US Local time) and shared with members of media, Donald Trump's additional statement on China.
No winners in US-China trade conflict as Asia-Pacific braces for impact: Report
New Delhi, April 15: There are no winners in a trade conflict and the tussle between China and the US raises the risk of economic and geopolitical fallout, a report by S&P Global Ratings said on Tuesday.
China's major ports stall as US tariff hike to 145% disrupts trade flow, factories halt production
Shanghai, April 14: Major ports and provinces engaged in foreign trade in China are beginning to show the initial effects of the ongoing tariff conflict between the two biggest economies in the world, as reported by Radio Free Asia.
US plans to hike tariffs on pharma products, China first in firing line
New Delhi, April 13: The US is planning to go in for a tariff hike on pharmaceutical products, especially those being imported from China, in the next month or two, Commerce Secretary Howard Lutnick said in an interview with a media outlet on Sunday.
US President Trump exempts phones, computers and other electronics from reciprocal tariffs
Washington, DC, April 13: The Trump administration in the US has exempted electronics like phones, computers and other electronics from the reciprocal tariffs imposed on other nations, including China, The Hill reported.
India to be carefully watching developments in US-China trade war, says foreign policy expert
New Delhi, April 13: As the US and China engage in a tariff war, Tanvi Madan, Senior Fellow at the Brookings Institution, said on the sidelines of the Carnegie Global Tech Summit that India is going to be carefully watching these developments. She also spoke about the increasing Indo-US partnership across areas such as security cooperation.
US exemption on electronics: India has clear tariff edge over China
New Delhi, April 13: Industry leaders and experts on Sunday welcomed the Donald Trump administration's decision to exempt smartphones, computers and other electronics imported to the country from reciprocal tariffs -- a move which has given India a definitive edge over China.
Lot of pressure from markets on US govt to change course: says Carnegie Endowment's Evan Feigenbaum
New Delhi, April 12: Evan A. Feigenbaum, Vice President for studies at the Carnegie Endowment for International Peace, believes that the financial markets are pressuring the US administration to change course.
EU has tools to respond to trade war, preparing toolbox for several months: Carnegie Europe Director Rosa Balfour
New Delhi, April 12: Carnegie Europe Director Rosa Balfour said that the European Union has the tools to respond to the trade war and has been preparing the tool box for several months. She said that Europe could reach out to other nations if there was a trade war between the US and China.
China trying to 'outlast' Trump's trade war, pressure US allies to 'hedge'
Washington, April 12: China seeks to "outlast" an escalating trade war with the United States and keep pressure on U.S. allies to "hedge," a former US diplomat said, as President Donald Trump's imposition of new tariffs and Beijing's retaliation have sharply raised tensions between the two superpowers.
Tariffs pause to offer Indian businesses advantage where it directly competes with China: GTRI
New Delhi, April 11: The pause in reciprocal tariffs by the US adminstration offers Indian businesses a short-term advantage--especially in sectors like textiles, leather, engineering, and electronics, where India competes directly with China, said Global Trade Research Initiative (GTRI) Founder, Ajay Srivastava.
Seoul shares end lower on escalating US-China tariff row
Seoul, April 11: South Korean stocks finished lower on Friday amid an intensifying trade conflict between the United States and China stemming from Washington's reciprocal tariff scheme. The Korean won rose against the US dollar.
Trump says tariffs will be back on July 9 for no-deal countries; 26 pc for India
Washington, April 10: US President Donald Trump on Thursday said trading partner countries that are not able reach an agreement with the US by July 9, when the 90-day pause ends, goods coming to the US from there will be tariffed at the reciprocal rate announced originally.
China to moderately reduce US film imports as trade war escalates
Beijing, April 10: China's film regulator on Thursday announced it will "moderately reduce" the number of US films imported into the country, state media reported citing the Chinese Film Administration.
US companies may relocate from China to India, say exporters
New Delhi, April 10: Indian export leaders are optimistic that the ongoing US-China trade tensions could create significant opportunities for India in both trade and foreign investment, according to statements from key industry figures.
China reaches out to EU, ASEAN members against US' reciprocal tariffs
Beijing, April 10: With US President Donald Trump going all out in his trade war on China by imposing 125 per cent tariff on import of Chinese goods, Beijing has reached out to the European Union (EU) and ASEAN countries to forge an united front and force the US to backtrack.
EU President Von der Leyen backs Trump's tariff pause amid US-China trade clash
Brussels, April 10: European Commission President Ursula von der Leyen has welcomed US President Donald Trump's announcement to pause reciprocal tariffs for dozens of countries, calling it a necessary move to help stabilise the global economy amid intensifying trade tensions between the United States and China.
Trump pauses tariffs on countries like India that did not hit back
Washington, April 10: US President Donald Trump on Wednesday announced a 90-day pause in reciprocal tariffs for trading partner countries that have not retaliated with higher levies on American goods — such as India — and further hiked the levy on China to 125 per cent for hitting back.