Trump has threatened more tariff hikes by 1 August, but markets believe it is another case of TACO.
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China continued to consolidate its position as a key market for chipmaking equipment in 2024, but the outlook for 2025 is less optimistic.
China’s relationship with Iran is focused on crude oil above all; claims of close ties are mostly exaggerated.
It has been a week since US and Chinese negotiators wrapped up talks in London, but details on outcomes from the meeting have been slow to emerge.
The US and China have traded accusations, each claiming the other has violated the Geneva tariff truce.
Lawmakers are approaching economic issues with caution, careful not to step on the White House’s toes.
The US has revised its export controls and attempted to issue a worldwide ban on the use of some Huawei chips.
The Chinese economy held up okay in April despite triple-digit US tariffs, with exports and industrial production outperforming expectations.
The dizzying escalation and de-escalation of tariffs has made Chinese companies’ decisions around offshoring production much more complicated.
The US-China meeting in Geneva accomplished two things: de-escalating tariffs and setting the stage for future negotiations.