The Business Times

US-China trade

Global Enterprise

China suspends 24% tariff on US goods, but keeps in place 10% levy

The Trump-Xi deal, however, falls short of any enduring pact, setting the stage for renegotiations in a year and potential disagreements over enforcement sooner.
International

Trump formalises fentanyl, reciprocal tariff cuts in Xi deal

The ministry is recruiting 60 new officials overall, making it one of China’s top hiring agencies for 2026, according to the notice.
International

China’s export control taskforce adds most headcount since 2022

The US and China have also pointedly disagreed in recent years about human rights issues in Hong Kong, Xinjiang and Tibet.
International

China urges US to avoid ‘red lines’ after reaching trade truce

The Trump administration’s dedication to create a rare-earth and magnet market that operates outside of China’s influence.
International

US looks to invest in rare-earth firms in race with China

Among all the meetings between US President Donald Trump and China's President Xi Jinping, this one is perhaps the most important – really historical, according to according to David Daokui Li, a regular policy adviser to Beijing.
Global Enterprise

Xi-Trump summit marks breakthrough as China seen as ‘equal partner’, adviser says

“We don’t want to decouple with China, but we are going to have to de-risk,” Scott Bessent says.
International

US could hike tariffs if China backtracks on rare earths: Bessent

Trump (left on screen) and Xi agreed on Oct 30 to calm the US-China trade war, with Washington cutting some tariffs and Beijing committing to keep supplies of critical rare earths flowing.
Global Enterprise

China to suspend some rare earth curbs, probes on US chip firms

While the longer-term trend seems to be for more economic fragmentation, countries can work together to tackle this, says PM Wong.
Economy & Policy

US-China truce ‘welcome’ but temporary; efforts to tackle trade fragmentation must continue: PM Wong

Xi’s remarks came a day after he sealed an agreement with Trump, which saw the US roll back some tariffs and export controls and Beijing commit to buying US soy beans and pausing fresh rare earth curbs.
International

China’s Xi calls for stable supply chains after sealing Trump truce

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