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Us China Trade

All articles tagged with #us china trade

Shein blames tariffs for Q1 loss as it eyes IPO
business1 month ago

Shein blames tariffs for Q1 loss as it eyes IPO

Shein posted a $99 million loss in Q1 2026, reversing a $395 million profit a year earlier, and attributed the decline to higher U.S.–China tariffs after the end of the de minimis exemption. U.S. revenue fell 14.3% to $2.04 billion and the U.S. share of revenue declined as duties on Chinese-origin goods shipped to the U.S. rose to 10%-87.5%. The company plans to offset costs with price increases under a cost-plus strategy and is seeking funding as it prepares for an IPO; EU import-fee changes and regulatory scrutiny also frame the broader pressure.

Khanna: Trump-era policy worsened US chip shortage
us-politics-and-policy1 month ago

Khanna: Trump-era policy worsened US chip shortage

Ro Khanna, the top Democrat on the House China committee, says the Trump administration undermined Biden-era Chips Act incentives to boost U.S. memory-chip manufacturing, risking higher consumer electronics prices and greater reliance on Chinese suppliers like CXMT, which the Pentagon has blacklisted over alleged military ties. Apple is lobbying for clearance to buy CXMT chips amid AI-driven demand, while Khanna seeks clarity on funding under the act that could be delayed or withheld.

China Aims to Buy $17 Billion in U.S. Farm Goods Annually Through 2028
world3 months ago

China Aims to Buy $17 Billion in U.S. Farm Goods Annually Through 2028

At the Beijing summit, the White House says China pledged to purchase at least $17 billion of U.S. agricultural products annually through 2028, in addition to prior soybean commitments; China’s readout says talks include measures like mutually cutting levies, but no tariff details were released and Trump says tariffs weren’t discussed. Analysts warn the pledge may be hard to fulfill given past Phase One targets. U.S. ag exports to China were about $24 billion in 2024, with 2025 shipments to China at roughly $8.3 billion amid tensions. The talks also touched on restoring beef and poultry market access and plan for Xi’s U.S. visit this fall.

Beijing and Washington move toward mutual tariff cuts and new trade councils
world3 months ago

Beijing and Washington move toward mutual tariff cuts and new trade councils

China said it reached a preliminary agreement with the United States to reduce some tariffs through mutual reductions and to establish a trade council and an investment council, aiming to expand two-way trade including agricultural products and to address non-tariff barriers. The deal also covers aviation, with U.S. aircraft and engine supply arrangements. Trump said tariffs were not discussed during his Beijing visit, and both sides signaled further talks and upcoming meetings.

Trump-Xi Summit Sparks Hype, Yet Few Concrete Wins for U.S.
economy3 months ago

Trump-Xi Summit Sparks Hype, Yet Few Concrete Wins for U.S.

A Beijing summit between Trump and Xi produced optimism but few firm, detailed trade deals were announced. Boeing stands to gain from a potential 200-aircraft order, though markets were underwhelmed by the lack of specifics and some investors sold on the news. White House officials touted agricultural commitments and a new bilateral framework, but analysts warn these are non-binding and could evolve slowly, with past promises having dissolved amid tensions. Any tariff relief appears limited to a small portion of trade, and lasting gains depend on further negotiations over weeks and months.

Beijing summit tests U.S.-China trade ties amid Iran and Taiwan headwinds
world3 months ago

Beijing summit tests U.S.-China trade ties amid Iran and Taiwan headwinds

Trump and Xi Jinping meet in Beijing for a two-day summit aimed at stabilizing a fragile U.S.-China trade truce while facing Iran-related tensions and Taiwan policy concerns. The talks are expected to produce narrow wins rather than sweeping breakthroughs, including discussions on a U.S.-China Board of Trade/Board of Investment, managing rare-earth exports as a leverage point, and other measures to rebalance trade while safeguarding economic strength and national security.

Nvidia's H200 Chip Shipments to China and U.S.-China Tech Tensions
technology8 months ago

Nvidia's H200 Chip Shipments to China and U.S.-China Tech Tensions

Nvidia plans to ship its H200 AI chips to China before mid-February, contingent on Chinese government approval, marking a significant policy shift amid ongoing US-China tech tensions. The shipments, initially from existing stock, could total 40,000 to 80,000 chips, with future capacity expansion planned for 2026, though the timeline remains uncertain due to regulatory approvals.