Latest in Trade Deficits China
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China's DeepSeek reports major cyberattack
DeepSeek, a Chinese artificial intelligence company, has announced a major cyberattack that has apparently limited registrations. This comes after U.S. tech stocks reacted to the news of DeepSeek ...CBS News - Jan. 27 -
The world is moving on to trade without the US
Many nations have been responding to Trump tariffs not by retaliating but by courting other trade partnersFinancial Times - Jan. 26 -
Blackhawks Are the Suckers in Taylor Hall Trade
Blackhawks came away with very little in the blockbuster 3-team trade.Yahoo Sports - Jan. 25 -
Philippines accuses China's forces of harassing fisheries vessels in the South China Sea
The Philippine coast guard says Chinese coast guard ships and a Chinese navy helicopter harassed a group of Philippine fisheries vessels conducting a scientific survey in a hotly disputed area of ...ABC News - Jan. 25 -
Philippines launches comic book to counter China 'disinformation' in South China Sea
The Philippines has launched a comic book to counter what the country says is China’s disinformation campaign to push its expansive territorial claims in the South China SeaABC News - Jan. 24 -
U.S. Firms in China Fearing Trade Turmoil Hit a 5-Year High
An American Chamber of Commerce in China Survey shows growing worries about Sino-American relations and how their businesses could be affected.Inc. - Jan. 23 -
House pair introduces bill to end China's preferred trade status
Legislation to revoke China’s Permanent Normal Trade Relations was introduced Thursday by a pair of bipartisan House lawmakers, building on a Republican effort last year to repeal Beijing’s ...The Hill - Jan. 23 -
China says it hopes to 'properly manage differences' with the U.S. on trade
China is emphasizing its willingness to negotiate as increased tariffs on exports to the United States may soon become a reality.CNBC - Jan. 23 -
Arkansas rallies from 15-point deficit, beats Georgia 68-65 for first SEC win and snaps 5-game skid
Adou Thiero scored 17 points and grabbed 11 rebounds, and Arkansas rallied from a 15-point deficit and beat Georgia 68-65 for its first Southeastern Conference winABC News - Jan. 23 -
China sees room to avert trade war with Trump despite tariff threat
New US president hints at potential agreement linking TikTok ownership with tariffsFinancial Times - Jan. 22 -
Trump trade battles could spike food prices, help China: former Mexico trade chief
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico's former trade chief said Monday “I say bring it on," Kenneth ...The Hill - Jan. 21 -
China calls for 'win-win' solution to US trade tensions
With the threat of a trade war looming, China's first vice premier says the country wants to boost imports.BBC News - Jan. 21 -
Trade war has no winners, China's vice premier warns, as Trump threatens tariffs
Chinese Vice Premier Ding Xuexiang warned of "no winners" in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.CNBC - Jan. 21 -
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Trump’s trade challenge
Biden’s parting gift throws down the gauntlet to the incoming president on industrial policyFinancial Times - Jan. 20 -
China can outfox Trump’s tariffs
Beijing is agile enough to swerve US protectionismFinancial Times - Jan. 19 -
From GDP to trade, how well equipped is China’s economy for Trump 2.0? | Amy Hawkins
Beijing has prepared for increased tariffs but its actions will not be enough to offset falling demand from the US. When Donald Trump enters the White House for the second time on 20 January, the ...The Guardian - Jan. 19 -
Maple Leafs score 7 unanswered goals to erase 3-goal deficit and rout Canadiens 7-3
The Toronto Maple Leafs scored seven unanswered goals to overcome a three-goal first-period deficit for a 7-3 win over the Montreal CanadiensABC News - Jan. 18 -
Labour is right to forge more trade links with China – not doing so would be folly | Kerry Brown
From a ‘golden era’ to post-pandemic mistrust, the UK has had a turbulent relationship with the world’s second-largest economy. Kerry Brown is director of the Lau China Institute, King’s College ...The Guardian - Jan. 18 -
Trump and China's Xi discuss TikTok, trade, fentanyl, president-elect says
Xi after the call said that he and Trump both expressed hope for greater progress in U.S.-China relations, Reuters reported, citing the Chinese state media.CNBC - Jan. 17 -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - Jan. 17 -
Trump says he had ‘good’ call with China’s Xi about TikTok and trade
World leaders also reportedly discussed Taiwan and fentanyl in first direct contact since 2021. China’s president, Xi Jinping , has spoken to the US president-elect, Donald Trump , on the phone ...The Guardian - Jan. 17 -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
US targets China’s answer to OpenAI with trade blacklisting
Beijing-based Zhipu singled out among artificial intelligence start-ups for allegedly advancing Chinese military capabilitiesFinancial Times - Jan. 16 -
What China Wants in Panama: More Trade, Projects and Influence
Beijing’s efforts to expand its reach in the country have hit several obstacles, in part because of American pressure.The New York Times - Jan. 15 -
The China commodities supercycle is over. Will there be another?
Chinese demand for steel and iron ore has finally peaked. The industry hopes the energy transition will spark a new boom, but it will be shaped by geopolitical competitionFinancial Times - Jan. 15 -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.The New York Times - Jan. 14 -
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.The New York Times - Jan. 13 -
China’s trade surplus hits annual record of almost $1tn
Rise in exports expected to increase tensions with US and other trade partnersFinancial Times - Jan. 13 -
An out-of-the box idea for China and Trump
Washington and Beijing should conduct a joint intervention on the renminbiFinancial Times - Jan. 13 -
A Mike Tomlin trade is possible, but it's not likely
The report came quickly, a day after the Steelers' season ended with another one-and-done postseason performance.Yahoo Sports - Jan. 13 -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - Jan. 12 -
China is winning the race for green supremacy
The west needs to co-operate, cautiously, with Beijing in the renewable energy tradeFinancial Times - Jan. 12 -
US streamlines deportation flights to China
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, the Department of ...The Hill - Jan. 10 -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - Jan. 9 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
A look at recent deadly earthquakes in China
A strong earthquake with a magnitude of 7.1 that killed at least 126 people in western China near Nepal was one of the country’s deadliest in nearly a decadeABC News - Jan. 8 -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - Jan. 7