41 h. ago US asks Supreme Court to overturn ruling that bars Trump’s tariffs

The US government has asked the Supreme Court to overturn a federal appeal court ruling that declared US President Donald Trump’s use of emergency executive powers to impose tariffs unlawful. The move sets up a high-stakes legal showdown over the limits of presidential authority in trade policy. In its appeal filed on Wednesday, the Trump administration told the high court that the case “addresses the validity” of the government’s “most significant economic and foreign-policy initiative”. “The...

Politics

46 h. ago 'All risk no reward': China spectacle shows dangers of Trump trade policy

'All risk no reward': China spectacle shows dangers of Trump trade policy  BBC

Events

1 week ago US trade deal leaves EU as the sidekick in Trump’s China policy

Europe has surrendered to Washington’s China containment strategy, trading sovereignty for subordination in a consequential geopolitical realignment. The August US-EU “Framework on an Agreement on Reciprocal, Fair, and Balanced Trade” was not negotiation but a capitulation that redefined Europe’s international role. Brussels accepted US President Donald Trump’s terms wholesale, recasting the European Union as an auxiliary enforcer of America’s China policy. This transformation centres on clause...

Politics

1 week ago Opinion | US trade deal leaves EU as the sidekick in Trump’s China policy

Opinion | US trade deal leaves EU as the sidekick in Trump’s China policy  South China Morning Post

Politics

1 week ago ‘Ignorance and neglect’ mark flawed US policy in China race: Da Wei

Da Wei is director of Tsinghua University’s Centre for International Security and Strategy in Beijing. His research focuses on China-US relations and US security and foreign policy. In this interview, he discusses the prospects for a trade deal between Beijing and Washington and examines China’s role on the global stage in light of America’s current foreign policy. This interview first appeared in SCMP Plus. For other interviews in the Open Questions series, click here. China and the United...

Events

2 w. ago Red carpet for Putin, trade relief for China, penalties on India: Inside Trump's peculiar policy playbook

Red carpet for Putin, trade relief for China, penalties on India: Inside Trump's peculiar policy playbook  CNBC

Politics

2 w. ago Is US trade policy for sale? America’s partners deserve an answer

Any lingering doubts about the extent to which US President Donald Trump has rewritten the rules of global trade should have been laid to rest with reports that chip giants Nvidia and AMD have agreed to pay the US government 15 per cent of the revenue from chip sales in China. The payments are a quid pro quo for approval of the export licences needed to sell semiconductors critical to China’s artificial intelligence (AI) ambitions. The previously stalled licences were approved by the Commerce...

Events

2 w. ago US tariffs a big worry for Chinese sellers on Shein, Temu, TikTok Shop, Amazon

A number of Chinese cross-border exporters expect the Trump administration’s erratic trade policy to continue testing their stamina and resilience, days after the tariff truce between Beijing and Washington was extended for another 90 days. Those concerns were raised on the sidelines at Friday’s opening of the semi-annual China Cross-Border E-Commerce Trade Fair in Guangzhou, capital of southern Guangdong province, which concludes on Sunday. With booths at the fair, major online retail platforms...

Economics

4 w. ago 5 reasons Trump’s attack on global trade will backfire on the US

As a trade policy nerd for the past four decades, passionate about the importance of global trade trends, I am quite disappointed when I am reminded that reader interest in trade issues is miserably low. Even in a place like Hong Kong, where trade accounts for 359 per cent of gross domestic product, the subject seems deadly boring to most people, including those whose livelihoods critically rely on it. In normal times, this may not matter. In such times, people have better and more interesting...

Events