Category Archives: China

US-China trade war intensifies as Beijing’s tariffs come into effect after Trump pause

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China’s 84% tariffs against US products comes into force amid market relief at Donald Trump’s move to pause steep reciprocal tariffs around the world

Donald Trump’s trade war with China entered a new phase on Thursday, as Beijing’s 84% retaliatory tariffs came into effect hours after the US president announced a pause of steep reciprocal tariffs on dozens of countries except China.

Markets rebounded after Trump’s announcement of the sudden pause, after the most volatile episode in financial markets since the pandemic.

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Gordon Brown calls for ‘economic coalition of the willing’ to tackle Trump tariffs

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Former PM says it is also the moment for the UK to go even further in renewing ties with the EU

Gordon Brown has called for an “economic coalition of the willing” to respond to Donald Trump’s tariffs with coordinated economic policies, including a reduction of interest rates.

The former prime minister also said it was a moment for the UK to go even further in renewing ties with the EU, suggesting it should mean “collaboration that is even more extensive than removing post-Brexit trade barriers”.

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Nursing home fire in northern China leaves 20 dead

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The Hebei nursing home’s other residents have been transferred to nearby hospitals as authorities investigate cause of the blaze

Twenty people have died in a fire at a nursing home in northern China’s Hebei province, Beijing’s state news agency Xinhua said on Wednesday.

The fire broke out on Tuesday night at the nursing home in Longhua County, roughly 180km northeast of the Chinese capital Beijing, Xinhua said.

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Asian markets fall as Trump’s sweeping global tariffs, including 104% against China, due to take effect – business live

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Stock markets down from Australia to Japan and Taiwan as Trump presses ahead with plans to hit China with huge retaliatory tariffs

Today’s tariffs follow Trump’s 10% tariff on all imports from many countries, including Australia, which came into effect at the weekend.

US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday. Today’s measures are higher levies on goods from 57 larger trading partners.

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China fires back after Pete Hegseth calls country a threat to Panama canal

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Chinese government asks: ‘Who represents the real threat?’ after US defense secretary vows to keep canal secure

US secretary of defense Pete Hegseth said on Tuesday that the Panama canal faces ongoing threats from China but that together the United States and Panama will keep it secure.

Hegseth’s remarks triggered a fiery response from the Chinese government, which said: “Who represents the real threat to the Canal? People will make their own judgement.”

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Two Chinese nationals caught fighting for Russia in Ukraine, Zelenskyy says

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Ukrainian president says men’s capture shows Moscow is trying to involve Beijing in the war ‘directly or indirectly’

Ukrainian forces have captured two Chinese nationals fighting with the Russian army in the eastern Donetsk region, according to Volodymyr Zelenskyy.

The Ukrainian president said they were two of many more Chinese members of the Russian armed forces, and he accused the Kremlin of trying to involve Beijing in the conflict “directly or indirectly”.

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How Trump tariffs could push Vietnam into the arms of China

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The move has sent shock waves through a region of US strategic importance that had respected Trump as tough on Beijing

Vietnam had tried to appease Donald Trump: tariffs on US goods were reduced; regulations were passed to allow Elon Musk’s SpaceX to launch its Starlink in the country. The prime minister, Pham Minh Chinh, even joked in January that he would happily “play golf all day long” at Trump’s Mar-a-Lago home in Florida if it could “bring benefits to my country and my people”.

The strategies do not appear to have worked. Trump has inflicted an extraordinary 46% tariff on Vietnam that threatens to devastate its economic growth plans and undermine relations between the two countries. The tariff has sent shock waves through Vietnam, a manufacturing powerhouse where Trump has always been fairly popular, and across south-east Asia.

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China vows to ‘fight to the end’ against latest Trump tariff threat

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Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies looms

China’s government says it will “fight to the end” if the US continues to escalate the trade war, after Donald Trump threatened huge additional tariffs in response to China’s retaliatory measures.

On Tuesday, China’s commerce ministry accused the US of “blackmail” and said the US president’s threats of additional 50% tariffs if Beijing did not reverse its own 34% reciprocal tariff were a “mistake on top of a mistake”.

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Trump threatens additional 50% tariffs on China over retaliatory levies

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President poised to further impose taxes after Beijing announced a 34% tariff on US imports as global markets fall

Donald Trump has threatened to impose an additional 50% tariff on imports from China on Wednesday unless the country rescinds its retaliatory tariffs on the United States by Tuesday.

The news comes on the third day of catastrophic market falls around the globe since Trump announced his trade war last Wednesday with tariffs on the US’s trading partners.

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Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

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Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says.

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Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

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Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says.

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Chinese woman detained by US border patrol in Arizona dies by suicide

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Officials reportedly didn’t publicly acknowledge death until inquiries were made about woman, 52, who overstayed visa

A woman being detained in Arizona by US border patrol for overstaying her visa has died by suicide, according to Democratic congresswoman Pramila Jayapal.

The woman, a 52-year-old Chinese national, had first been picked up in California after it had been determined that she had overstayed her B1/B2 visitor visa, Jayapal said in a statement. She was later sent to the Yuma station in Arizona where she stayed until her death on 29 March.

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Port of Darwin operator says Albanese and Dutton are treating it like ‘a political football’ in election

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Labor and Coalition would both end Chinese company Landbridge’s long-term lease of strategically important asset

The Chinese company that controls the Port of Darwin has accused Anthony Albanese and Peter Dutton of treating it like “a political football” in the middle of a federal election campaign.

Federal Labor and the Coalition have both announced that if elected on 3 May they would end Landbridge’s long-term lease of the Port of Darwin, arguing it is strategically important and should be controlled by an Australian entity.

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Prince Andrew wrote birthday letters to Xi Jinping, ex-adviser told court

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Released court statement says alleged Chinese spy helped draft private letters to Chinese president

The Duke of York sent letters directly to China’s president, the prince’s former senior adviser told a special immigration tribunal, with an alleged Chinese spy advising him on how to write them.

Dominic Hampshire, who worked for Andrew from 2019-22, said Andrew had “always had a communication channel” with Xi Jinping that was “accepted” and may even have been encouraged by Buckingham Palace and the late queen.

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Albanese declares Chinese-controlled Port of Darwin should ‘be in Australian hands’

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PM says two options on table: for an Australian-owned company to take control, or for port to return to being a government asset

The Labor government is on the hunt for a buyer for the port of Darwin despite the Chinese-owned company who holds the lease insisting it is not for sale.

Anthony Albanese revealed the plan after calling in to local Darwin radio on Friday afternoon in a deliberate attempt to get ahead of a similar announcement the Coalition made on Saturday.

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China military drills targeting Taiwan put region’s security at risk, says US

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Beijing continues drills in Taiwan strait, practising hitting key ports and energy infrastructure

The US has accused China of putting the region’s security at risk after it launched a second day of military drills targeting Taiwan with a rehearsal blockade and attack.

The China’s People’s Liberation Army (PLA) began the joint drills without notice on Tuesday morning, sending 76 aircraft and more than 20 navy and coastguard ships, including the Shandong carrier group, to positions around Taiwan’s main island.

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Hegseth indicates US backing for Taiwan – but it is transactional Trump who has the final word

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Defence secretary’s trip to Asia shows the Trump administration is engaged with the region, but analysts warn Taipei to tread carefully

On Tuesday China’s military launched joint drills around Taiwan, sending ships, planes and some bizarre propaganda videos across the strait to both warn and punish Taiwan’s government over what Beijing calls “separatist activity”.

The purported provocation was recent assertiveness by Taiwan’s president, Lai Ching-te, who in March designated China a “foreign hostile force” and announced 17 measures to counter its espionage and influence operations.

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China launches surprise military drills around Taiwan

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Taiwan says it has detected nearly 20 vessels off its coast as Beijing orders large scale sea and air exercises and calls leaders in Taipei ‘parasites’

China has launched large-scale military drills around Taiwan, accusing its leaders of being “separatists” and “parasites” who were pushing the democratically run island into war.

The drills, accompanied by a propaganda campaign, were launched without warning on Tuesday morning. China’s People’s Liberation Army (PLA) said they were a “stern warning” to Taiwan’s democratically elected government over what Beijing claims is separatist activity.

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Trump prepares to unveil reciprocal tariffs as markets brace amid trade war fears

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President promises he will be ‘very kind’ but critics warn his strategy risks triggering chain reaction and global trade war

As Donald Trump prepared to unveil a swathe of reciprocal tariffs, global markets braced and some Republican senators voiced their opposition to a strategy that critics warn risks a global trade war, provoking retaliation by major trading partners such as China, Canada and the European Union.

The US president said on Monday he would be “very kind” to trading partners when he unveils further tariffs this week, potentially as early as Tuesday night.

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Weather tracker: Heavy rain alerts in Queensland as floods cut off towns

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Wettest March day for 15 years in some parts of northern Australian state, while storms and hail hit Mediterranean

More heavy rain has hit Queensland, Australia, just weeks after the devastation of Cyclone Alfred. Much of north and central Queensland was put under severe weather alert for heavy rainfall earlier this week, as six-hourly rainfall totals of 30-60mm were anticipated, with the risk of seeing up to 120mm locally in this period.

In the north-west of the state, this rain caused the Haughton River to rise rapidly, with water levels reaching 2.68 metres on Wednesday night, exceeding the 2.5-metre major flood level.

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