59 m. ago China’s orchard of AI, chip grads now ripe for the pickin’ as tech trade sours

When Jack Wang enrolled as an undergraduate in microelectronics at a prestigious Chinese university, the year was 2019, and China was in the early days of its trade war with the United States. Looking back, his decision to focus on the field revolving around the design and manufacture of hi-tech microchips has proved prescient. Today, it complements Beijing’s aspirations to make world-leading semiconductors amid Washington’s amped-up efforts to curtail China’s technological progress. Indeed, the...

Politics

2 h. ago Trump crackdown on international students affects far more schools than Harvard

US President Donald Trump’s proclamation last week that he would bar Harvard University from enrolling new international students put the spotlight back on an unprecedented stand-off between the White House and America’s pre-eminent university. Trump’s move came less than a week after a federal court injunction blocked the US Department of Homeland Security’s termination of Harvard’s ability to host international students. It was also just hours after the administration threatened Columbia...

Politics

2 h. ago Small retailers on 'vacation from hell' as they seek clarity on Trump's China tariffs

Small retailers on 'vacation from hell' as they seek clarity on Trump's China tariffs  CNBC

Politics

3 h. ago Live updates: Elon Musk says posts about Trump went 'too far'; Trade talks continue

Live updates: Elon Musk says posts about Trump went 'too far'; Trade talks continue  NBC News

Politics

3 h. ago Trump tariffs live updates: Bessent suggests pause extension, US

Trump tariffs live updates: Bessent suggests pause extension, US-China trade framework takes shape  Yahoo Finance

Politics

5 h. ago US Treasury chief slams ‘unreliable’ China at House hearing on Trump trade policy

US Treasury Secretary Scott Bessent slammed Beijing on Wednesday for its aggressive export policies, urged it to be a more dependable partner and depicted China’s disjointed economic structure as hurting not only the US but the entire globe. “China currently has the most unbalanced economy in the history of the world,” Bessent, a former hedge fund manager, told the powerful House Ways and Means Committee. “They cannot be allowed to export their way back to prosperity, not only for working...

Politics

5 h. ago Trump's 'done' deal with China: Trade damage already done and will remain, logistics firms, retailers say

Trump's 'done' deal with China: Trade damage already done and will remain, logistics firms, retailers say  CNBC

Politics

5 h. ago Trump's 'done' deal with China: Trade damage will remain, logistics firms and retailers say

Trump's 'done' deal with China: Trade damage will remain, logistics firms and retailers say  CNBC

Politics

5 h. ago Live updates: Trump says China trade deal is 'done' but needs final approval

Live updates: Trump says China trade deal is 'done' but needs final approval  NBC News

Politics

6 h. ago Trump hails limited trade deal with China after talks in London

Trump hails limited trade deal with China after talks in London  The Washington Post

Politics

6 h. ago China’s Lock on Rare Earths Dictated Path Toward Trade Truce

China’s Lock on Rare Earths Dictated Path Toward Trade Truce  WSJ

Events

7 h. ago U.S. tariffs on China won't change again, Lutnick says after trade talks

U.S. tariffs on China won't change again, Lutnick says after trade talks  CNBC

Economics

7 h. ago Live: Bessent testifies as US, China reach trade deal framework

Live: Bessent testifies as US, China reach trade deal framework  NewsNation

Economics

7 h. ago Viewed from China, Trump’s crackdown on LA unrest a risky ‘political gamble’

Chinese analysts have been closely monitoring the Los Angeles unrest, which they said had been exploited by US President Donald Trump for political theatre, jeopardising public safety and stability. One high-profile commentator also predicted that Trump’s heavy-handed tactics could escalate into a constitutional crisis. The remarks followed days of protests in Los Angeles over immigration raids, which led to a curfew in some downtown areas of the city aimed at cracking down on vandalism. The...

Politics

7 h. ago Stocks rise as inflation stays cool, Trump offers China trade 'framework'

Stocks rise as inflation stays cool, Trump offers China trade 'framework'  USA Today

Politics

8 h. ago Live updates: Trump announces finalized trade deal with China, says tariffs on Chinese goods go to 55%

Live updates: Trump announces finalized trade deal with China, says tariffs on Chinese goods go to 55%  AP News

Politics

8 h. ago Dollar falters as US inflation cools; China deal also in focus

Dollar falters as US inflation cools; China deal also in focus  Reuters

Economics

8 h. ago Trump says China will face 55% tariffs as he endorses trade deal

Trump says China will face 55% tariffs as he endorses trade deal  The Guardian

Politics

8 h. ago Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%

Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%  AP News

Politics

9 h. ago Chinese exports to EU surge, but bloc waiting to see if emergency action needed

The European Union says it is “too early to conclude” whether sky-high US tariffs on Chinese goods have caused a diversion of exports to the bloc that would cause it to take emergency measures. This was despite a surge in Chinese exports to the European Union coinciding with a big drop in shipments from China to the United States in May. China’s shipments to the US last month fell by 34.5 per cent from a year ago, while its exports to France rose by 24.1 per cent and to Germany by 21.5 per cent,...

Politics