Ethan Zhao
Senior Reporter
The Latest
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Trump Threatens 50% Tariff on China as Markets Enter Bear Territory and Dow Drops 840 Points
U.S. financial markets plunged into deeper turmoil Monday after former President Donald Trump threatened to impose an additional 50% tariff on Chinese imports, signaling an aggressive escalation in the global trade war that rattled Wall Street and drew warnings from economists and business leaders about a looming recession. 
U.S. financial markets plunged into deeper turmoil Monday after former President Donald Trump threatened to impose an additional 50% tariff on Chinese imports, signaling an aggressive escalation in the global trade war that rattled Wall Street and drew warnings from economists and business leaders about a looming recession. -
Beijing Calls U.S. Tariffs ‘Economic Bullying’ as Trade War Deepens, Markets Rattle
China's government has responded swiftly and forcefully to President Donald Trump's latest escalation of tariffs, imposing sweeping countermeasures while signaling to domestic and global audiences that it is prepared for a prolonged trade war. The tit-for-tat escalation marks a sharp deterioration in relations between the world's two largest economies and is triggering widespread volatility in global markets. 
China's government has responded swiftly and forcefully to President Donald Trump's latest escalation of tariffs, imposing sweeping countermeasures while signaling to domestic and global audiences that it is prepared for a prolonged trade war. The tit-for-tat escalation marks a sharp deterioration in relations between the world's two largest economies and is triggering widespread volatility in global markets. -
China Hits Back at Trump’s Tariffs With 34% Duties, Rare Earth Export Curbs
China announced sweeping retaliatory measures Friday, imposing a 34% tariff on all U.S. imports and unveiling broad export restrictions targeting rare earth elements and American companies. The move comes just two days after President Donald Trump escalated the trade war by increasing total tariffs on Chinese goods to 54%, the highest among any major U.S. trading partner. 
China announced sweeping retaliatory measures Friday, imposing a 34% tariff on all U.S. imports and unveiling broad export restrictions targeting rare earth elements and American companies. The move comes just two days after President Donald Trump escalated the trade war by increasing total tariffs on Chinese goods to 54%, the highest among any major U.S. trading partner. -
Beijing Tightens Control Over Outbound U.S. Investments Amid Rising Trade War Threat
China is restricting domestic companies from investing in the United States, a move that signals rising tensions between the world's two largest economies as former President Donald Trump prepares to unveil a new tariff framework. 
China is restricting domestic companies from investing in the United States, a move that signals rising tensions between the world's two largest economies as former President Donald Trump prepares to unveil a new tariff framework. -
China Escalates Taiwan Military Drills With Live-Fire Exercises, U.S. Reaffirms Support for Island
China's military launched a second consecutive day of live-fire drills near Taiwan on Wednesday, signaling a growing willingness to pressure the democratically governed island as part of its broader campaign to assert control over the Taiwan Strait. 
China's military launched a second consecutive day of live-fire drills near Taiwan on Wednesday, signaling a growing willingness to pressure the democratically governed island as part of its broader campaign to assert control over the Taiwan Strait. -
Japan Races to Secure Exemption as U.S. Auto Tariffs Set to Hit, Threatening Exports and Jobs
Japan is making a last-ditch push to avoid inclusion in the United States' sweeping 25% auto tariff set to take effect Wednesday night, as Prime Minister Shigeru Ishiba vowed to escalate negotiations directly with President Donald Trump if necessary. The tariffs, which apply to fully imported vehicles starting midnight U.S. time, are expected to expand to auto parts in the coming weeks. 
Japan is making a last-ditch push to avoid inclusion in the United States' sweeping 25% auto tariff set to take effect Wednesday night, as Prime Minister Shigeru Ishiba vowed to escalate negotiations directly with President Donald Trump if necessary. The tariffs, which apply to fully imported vehicles starting midnight U.S. time, are expected to expand to auto parts in the coming weeks. -
China Launches Massive Military Drills Around Taiwan, Deploys Aircraft Carrier and 71 Warplanes
China launched expansive military drills around Taiwan on Tuesday, deploying an aircraft carrier battle group and dozens of warplanes in a show of force intended as a "stern warning" against what Beijing calls separatist activities. The exercises-conducted by the People's Liberation Army's Eastern Theater Command-come amid deepening tensions with Taiwan's newly inaugurated President Lai Ching-te and just days after U.S. Defense Secretary Pete Hegseth completed a tour of Asia pledging to counter "China's aggression." China launched expansive military drills around Taiwan on Tuesday, deploying an aircraft carrier battle group and dozens of warplanes in a show of force intended as a "stern warning" against what Beijing calls separatist activities. The exercises-conducted by the People's Liberation Army's Eastern Theater Command-come amid deepening tensions with Taiwan's newly inaugurated President Lai Ching-te and just days after U.S. Defense Secretary Pete Hegseth completed a tour of Asia pledging to counter "China's aggression." -
China, Japan, South Korea Agree on Joint Response to U.S. Tariffs, Eye New Regional Trade Pact - Report
China, Japan, and South Korea have agreed to form a joint response to U.S. tariffs, according to a post published Monday by Yuyuan Tantian, a social media account affiliated with Chinese state broadcaster CCTV. The move comes just days before U.S. President Donald Trump is expected to announce additional tariffs as part of what he calls "liberation day." 
China, Japan, and South Korea have agreed to form a joint response to U.S. tariffs, according to a post published Monday by Yuyuan Tantian, a social media account affiliated with Chinese state broadcaster CCTV. The move comes just days before U.S. President Donald Trump is expected to announce additional tariffs as part of what he calls "liberation day." -
Nankai Trough Megaquake Could Kill 298,000, Displace 12.3 Million Japanese, Government Warns
Japan faces a potentially devastating economic blow of up to 270.3 trillion yen ($1.81 trillion) and the loss of nearly 300,000 lives from a long-feared megaquake along the Nankai Trough, according to a revised government assessment released Monday. 
Japan faces a potentially devastating economic blow of up to 270.3 trillion yen ($1.81 trillion) and the loss of nearly 300,000 lives from a long-feared megaquake along the Nankai Trough, according to a revised government assessment released Monday. -
China’s Xi Pledges Open Markets to Global Executives as Trump Tariffs Loom
Chinese President Xi Jinping issued a high-profile appeal to foreign investors on Friday, hosting over 40 top global business executives in Beijing as the country confronts a deepening economic slowdown and rising geopolitical tensions with the United States. The meeting comes just days ahead of an expected new round of sweeping U.S. tariffs set to be announced by President Donald Trump. 
Chinese President Xi Jinping issued a high-profile appeal to foreign investors on Friday, hosting over 40 top global business executives in Beijing as the country confronts a deepening economic slowdown and rising geopolitical tensions with the United States. The meeting comes just days ahead of an expected new round of sweeping U.S. tariffs set to be announced by President Donald Trump.
