59 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

4 d. ago 'India has become excessively dependent on China': Top economist calls for 'carefully tailored policy' for trade with Beijing

'India has become excessively dependent on China': Top economist calls for 'carefully tailored policy' for trade with Beijing  MSN

Events

4 d. ago US soybean farmers move to reduce dependence on China as trade war grinds on

Soybean farmers in the United States have stepped up efforts to diversify their export markets while maintaining China as a critical buyer, despite ongoing trade tensions between the two superpowers, according to the head of a leading industry association. Jim Sutter, CEO of the US Soybean Export Council, said that while concerns about possible disruptions persist, China’s strong demand for soybeans – a crucial commodity for food and livestock feed – would ensure the US remains an important...

Events

1 week ago How dependent is America’s arsenal on China’s critical mineral supply?

The US defence sector is dependent on critical minerals for its advanced weapon systems, but it has relied on China to meet its demands. As Beijing tightens export restrictions, there is a growing risk to the Pentagon’s military readiness and supply chain security. The big picture China dominates the global supply of rare earths, including more than 90 per cent of the world’s processing and refining. It also has an edge in most other critical minerals, such as refined gallium, of which it...

Politics

2 w. ago China allegedly making its own supercomputer chips to cut dependence on US tech

China allegedly making its own supercomputer chips to cut dependence on US tech  Interesting Engineering

Politics

3 w. ago US port most dependent on China trade braces for new tariff impact after 90

Container traffic up in April ahead of US import tariffs, but first week of May saw a 30 per cent plunge in container volume.

Politics

3 w. ago How India Is Reducing Dependence on China for Rare Earth Minerals

How India Is Reducing Dependence on China for Rare Earth Minerals  The Diplomat – Asia-Pacific Current Affairs Magazine

Politics

3 w. ago Why Europe and Asean are aligning to hedge against US, China dependence

Despite diplomatic and ideological differences, the EU and Southeast Asia’s trade and defence needs are bringing the two sides together.

Politics

3 w. ago Opinion | Why Europe and Asean are aligning to hedge against US, China dependence

Opinion | Why Europe and Asean are aligning to hedge against US, China dependence  South China Morning Post

Politics

3 w. ago Were Trump tariffs lifted on China? How tariffs affect Massachusetts depending on country

Were Trump tariffs lifted on China? How tariffs affect Massachusetts depending on country  Yahoo

Politics