Tag: United States International Relations

Gaming Out the Price of a Trump Trade Deal With China

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Andrew here. We’re digging deeper into President Trump’s tariff talks with China, which have been postponed for another 90 days. (Some critics are calling it another TACO — short for “Trump Always Chickens Out” — moment.) We’re also still thinking about the implications of the deal Trump reached in which Nvidia will pay 15 percent of revenue from A.I. chip sales to China. Will Beijing view this as state-sponsored capitalism? Will Nvidia — and by extension companies like Apple and Tesla — no longer be viewed as independent businesses but…

Tracking Trump’s Tariffs: Rates for China, the E.U. and More

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MapSize by 2024 imports MapSize by 2024 imports MapSize by 2024 imports MapSize by 2024 imports 10% 20% 54% 104% 145% 30% Feb. 1 March 4 April 2 May 12 Canada 2021 ’21 2022 ’22 2023 ’23 2024 ’24 2025 ’25 May 2025 58% Mexico 2021 ’21 2022 ’22 2023 ’23 2024 ’24 2025 ’25 May 2025 48% MapSize by 2024 imports Active Steel 50 Active Aluminum 50 Active Autos and auto parts 25 In process Copper — In process Lumber — In process Semiconductors — In process Pharmaceuticals —…

Chinese Officers Questioned U.S. Government Employee About His Army Service

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Chinese intelligence officers began tracking an employee of the U.S. Commerce Department this spring, when he was in southwest China and where he has family members, at one point interrogating him about his prior service in the U.S. military, according to a U.S. government document. The man, who is an American citizen, has been prevented from leaving China since mid-April, according to the document, a State Department cable that was obtained by The New York Times. The cable, from the U.S. Embassy in Beijing, was dated May 2 and sent…

Trump Is Breaking the Rule That Every Barroom Brawler Knows

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Provoking your enemies, alienating your friends and actively sabotaging your own defenses is no one’s idea of a sound national security plan. And yet, this is the playbook that President Trump has apparently followed over the first 100 days of his second term. You can see it most clearly in the global fight he kicked off with China. He’s been scrapping for this showdown since before he entered politics, so you’d think that before taking on such a global powerhouse, he’d strengthen every alliance, game out every possible countermeasure and…

Yellen Sees ‘More Work to Do’ as China Talks End With No Breakthrough

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Four days of top-level economic meetings between the United States and China concluded in Beijing on Monday with no major breakthrough, but the world’s two largest economies agreed to hold more discussions to address rising friction over trade, investment and national security. The conversation is poised to become even more difficult, however, as hopes of greater economic cooperation collide with a harsh political reality: It is an election year in the United States, and antipathy toward China is running high. At the same time, Chinese officials appeared unmoved by Treasury…

Radio Free Asia Leaves Hong Kong, Citing Security Law

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The United States-funded news service Radio Free Asia said on Friday that it has closed its office in Hong Kong because of concerns about the city’s recently enacted national security law that targets so-called foreign interference. Hong Kong’s new national security law, which was passed with unusual speed earlier this month, raised “serious questions about our ability to operate in safety,” the broadcaster’s president and chief executive, Bay Fang, said in a statement. Radio Free Asia said that it had relocated some employees from Hong Kong to Taiwan, the United…

Taiwan’s Top Diplomat Says U.S. Aid to Ukraine Is Critical for Deterring China

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Joseph Wu, the foreign minister of Taiwan, said on Thursday that a halt in U.S. arms shipments to Ukraine would embolden China in its aggressions against Taiwan and fuel propaganda from Beijing that the United States is an unreliable partner. “When people ask us whether it is OK for the United States to abandon Ukraine, the answer is no, because the world is operating not in a black-and-white way, or if you only look at one theater at a time,” he said. “The world is interconnected.” If Russia is able…

Yellen to Warn China Against Flood of Cheap Green Energy Exports

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The Biden administration is growing increasingly concerned that a glut of heavily subsidized green technology exports from China is distorting global markets and plans to confront Chinese officials about the problem during an upcoming round of economic talks in Beijing. The tension over industrial policy is flaring as the United States invests heavily in production of solar technology and electric vehicle batteries with funding from the Inflation Reduction Act of 2022, while China pumps money into its factory sector to help stimulate its sluggish economy. President Biden and Xi Jinping,…

TikTok Bill Would Complicate ByteDance Investments if Passed

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For years, the U.S. investors who backed ByteDance, the Chinese internet company that owns TikTok, have wrestled with the complexities of owning a piece of a geopolitically fraught social media app. Now it’s gotten even more complicated. A bill to force ByteDance to sell TikTok is winding its way through the Senate after sailing through the House this month. Questions about whether TikTok’s Chinese ties make it a national security threat are mounting. And U.S. investors including General Atlantic, Susquehanna International Group and Sequoia Capital — which collectively poured billions…

U.S. and Britain Accuse China of Cyberespionage Campaign

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The United States and Britain imposed sanctions on China’s elite hacking units on Monday, accusing Beijing’s top spy agency of a yearslong effort to place malware in America’s electrical grids, defense systems and other critical infrastructure, and of stealing the voting rolls for 40 million British citizens. Taken together, the actions on both sides of the Atlantic underscored the escalation of cyberconflict between the Western allies and Beijing, in vastly different spheres. American intelligence agencies have warned that the malware found in U.S. infrastructure appeared to be intended for use…