All articles tagged with #us china
The White House says more than 40 countries helped China sidestep U.S. tariffs by routing exports through lower‑duty nations via transshipping, potentially costing American jobs and billions in revenue; China rejects the claims and says trade wars have no winners. The report also notes the use of AI tools to detect such schemes and comes ahead of a Trump–Xi meeting.
As the Moon becomes the next arena for global power, the US and China race to establish permanent lunar settlements: the US relies on private firms and the Artemis program to return astronauts by the late 2020s, while China pursues a streamlined, top‑down path aiming for taikonaut landings by 2030 and a 2040 lunar base, raising questions about governance, resources, and international law amid limited cooperation.
President Trump signed an executive order imposing a 15% tariff on imported polysilicon and derivatives, effective December 4, with minimum prices of $21 per kilogram for polysilicon, $100 per kilogram for ingots and wafers, $0.22 per watt for solar cells, and $0.38 per watt for solar modules, and enabling incentives to spur US production. The move aims to bolster domestic chip and solar supply chains against China, drawing praise from US manufacturers like Hemlock and Wacker while eliciting Chinese objections as part of broader tech-tension dynamics.
Treasury Secretary Scott Bessent said the US may sanction Chinese open-source AI models if they are found to steal IP from US competitors via distillation, while stressing support for open-source models but not IP theft. He cited watermarks on US models appearing in Chinese offerings and highlighted Moonshot AI's Kimi K3 as a case study, noting ongoing industry debate over government action and the role of open-source in AI competition, with some US firms like Meta, Nvidia, and Reflection AI pursuing open-source work while Chinese models currently dominate.
Apple is lobbying U.S. authorities for a license to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese firm designated by DoD as a Chinese military company and added to the Commerce Department’s Entity List. The move, reported by the FT, aims to ease rising memory-chip costs that have contributed to higher iPad and Mac prices, with Apple said to have engaged the White House and other administration channels while licensing remains unlikely.
Global markets fell Friday as oil surged and long‑term U.S. bond yields climbed amid Iran tensions and tepid progress from Trump’s China trip, with the S&P 500, Nasdaq and Dow down and mortgage rates near 6.65%. Investors worry about inflation and the Fed path, while European and Asian yields moved higher on energy concerns; no major Beijing deliverables or Hormuz breakthroughs emerged, and a Boeing–China deal remained uncertain.
China wants the Strait of Hormuz to stay open for traffic and energy flows, but not at the cost of its energy security or allowing Iran to gain leverage. Beijing favors a regional mechanism that could charge a non-toll-like environmental fee, avoids a blockade, and opposes any Chapter VII move that could authorize force against Iran. GCC states such as the UAE and Bahrain oppose giving Iran more influence and would prefer the US to resume pressure or bombing Iran. Beijing is wary that upheaval in Iran could threaten its energy security, as seen in Venezuela-like scenarios, so China remains cautious about UN resolutions and broader enforcement measures in Hormuz.
AI and chip stocks fell after U.S.-China talks did not address chip policy, keeping momentum weak for major chipmakers. The Nasdaq slid about 1.7% while the S&P 500 remained pressured; Nvidia and AMD declined on policy uncertainty, whereas Qualcomm and Cisco managed to rise despite the broad weakness.
Chip stocks slipped after the U.S.-China summit ended without major technology deals, signaling cautious investor sentiment toward the sector even as a handful of tech names showed mixed moves during the session; broader semiconductor-related instruments traded lower in a risk-off atmosphere as markets digested limited progress and potential policy implications.
Photos of the Xi–Trump meeting in Beijing showed no women at the negotiating table, prompting critics like Harvard’s Gita Gopinath and Stanford’s Halima Kazem to say it signals a masculine, militarized, and exclusionary form of diplomacy. They note a regression from Obama-era meetings that included women and argue women’s voices are being sidelined in shaping global order. The visit did feature women in supporting roles (Lara Trump, Jane Fraser, Dina Powell McCormick), underscoring an uneven, ongoing dynamic in high-level diplomacy.
As Trump and Xi begin their Beijing summit, Washington weighs Iran-related pressures and a faltering economy, underscoring a fraught contest between a long-established superpower and a rising challenger.
Stocks rose broadly and the dollar held steady ahead of a key US-China meeting, with Iran’s talks stalling in the background, as investors weighed geopolitical risks against relief in other market drivers and led by gains in tech and energy names.
China’s state-backed CAST is boycotting NeurIPS 2026 over a policy that would bar researchers from certain Chinese institutions; NeurIPS later apologized and narrowed the ban, but CAST says funding for attendees will be redirected and NeurIPS papers discounted in evaluations. The dispute highlights a growing split in AI research between the US and China, with China already leading AI publications and authorship at NeurIPS, and analysts saying the move signals China’s intent to pursue AI more independently if Western venues are not welcoming, though it remains unclear how many researchers will actually withdraw.
China announced investigations into U.S. trade practices in response to President Trump’s tariff moves, signaling a tit-for-tat escalation in bilateral trade tensions and the potential for further countermeasures.
Bernstein highlights potential AI-related stock winners as the US–China race to dominate AI intensifies.