China, Trump
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Just days after the United States and China declared a temporary truce over tariffs, tempers are already flaring: this time over the future of Beijing’s most advanced homegrown semiconductors.
In the week beginning May 12, bookings on freighters headed from China to US more than doubled from prior week. Read more at straitstimes.com. Read more at straitstimes.com.
Markets appear to be writing off the latest Sino-American trade conflict as quickly as they priced it in. China’s benchmark CSI 300 index is up 1.4% this year, marking a full recovery from its sharp drop in early April after President Donald Trump announced a 34% reciprocal tariff on Chinese goods,
The temporary peace, signals not an end to hostilities but a new phase defined by careful maneuvering and a "competitive coexistence."
Despite a 90-day truce in its trade war with the United States, China appears to be maintaining tight control over its rare earth exports – preserving a key source of leverage in future negotiations amid intensifying strategic rivalry with Washington.
US and China agreed to a 90-day tariff truce, reducing tensions significantly.
China’s fiscal stimulus pushed its four-month budget deficit to a record high, as the government ramped up support for the economy during an escalation in its trade conflict with the US.The broad deficit reached 2.
Asian spot liquefied natural gas (LNG) prices rose slightly for the second week running amid a slight uptick in demand as industrial sentiment improved following a 90-day tariff truce agreed by the United States and China during trade talks.