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Cut in low-value ‘de minimis’ tariff marks further de-escalation of trade war and will benefit Shein and Temu
The US has announced it is slashing the tariff on small parcels sent from mainland China and Hong Kong to the US from 120% to 54%, hours after Washington and Beijing agreed a .
Donald Trump signed an executive order more than halving the levy, which was to close the “de minimis” loophole allowing low-value goods to be sent to the US without paying import fees.

For the first time, in 1990, May was officially designated as a month honoring Asian American and Pacific Islander heritage. Though the current U.S. administration recently withdrew federal ...

For the first time, in 1990, May was officially designated as a month honoring Asian American and Pacific Islander heritage. Though the current U.S. administration recently withdrew federal ...

For the first time, in 1990, May was officially designated as a month honoring Asian American and Pacific Islander heritage. Though the current U.S. administration recently withdrew federal ...

Lucky Danger was born as a delivery-only Chinese-American pop-up in the thick of the pandemic and landed in Arlington as a carryout shop. Now, founder and chef Tim Ma is expanding the concept into a ...

State media editorial says talks mark ‘step toward resolving differences’ but Xi again criticises US ‘bullying’
A 90-day pause in the US-China tariff war has been cautiously welcomed in China but tensions remain high, with Xi Jinping again accusing the US of “bullying”.
After two days of talks between officials in Geneva over the weekend, China and the US agreed to for the next 90 days the high tariffs each had imposed on the other in a tit-for-tat trade war.

As tariffs on Chinese goods decrease temporarily, the overall effective tariff rate on U.S. consumers remains the highest since 1934, at 17.8%.

As the US descends into chaos, China is pitching itself as the steadier player on the global stage. But Europe should be wary of its advances
How does Xi Jinping view the circus Donald Trump is ring-mastering in Washington? There is no denying that the new president has created an opportunity for Xi to drive a wedge into the flank of the battered transatlantic alliance. China’s special representative to the EU optimistically described Trump’s treatment of Europeans as so “appalling” that it was likely to make them more willing to recognise Beijing’s approach to “”.
It was only a few months ago that Xi deserved his reputation as the world’s disruptor-in-chief. Beijing was (and still is) encroaching in the South China Sea, stepping up its incursions in Taiwan, and jousting with Japan over claims to the . But since Trump’s election, Xi has begun to look comparatively restrained, like the steadier player in US-China relations. His foreign minister, Wang Yi, went as far to in an increasingly uncertain world.
Orville Schell is the Arthur Ross director of the Center on US-China Relations at Asia Society

People gather for a rally in New York on March 16, 2023, to protest racism against Asian Americans. Fatih Aktas/Anadolu Agency via Getty Images For the first time, in 1990, May was officially ...

What these factory owners are making is a point that, even with the tariff, it is still going to be drastically cheaper than when you’re buying from the brand directly,” said Caiwei Chen, a China ...

American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.

Remark comes as Brazil, Colombia and Chile’s leaders fly to Beijing amid international uncertainty generated by Trump
The Brazilian president, , has heralded his desire to build “indestructible” relations with , as the leaders of three of Latin America’s biggest economies flew to Beijing against the backdrop of ’s trade war and the profound international uncertainty his presidency has generated.
Lula touched down in China’s capital on Sunday for a four-day state visit, accompanied by 11 ministers, top politicians and a delegation of more than 150 business leaders.