The measure is aimed at countering China’s dominance of commercial shipbuilding and helping to revitalize the American industry.
Category: China
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Investors Fear the Return of the U.S.-China Trade War
The market is rebounding, but analysts see plenty of reason for concern about heightened tensions between Washington and Beijing.
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Asia Markets Fall After Trump Threatens New Tariffs on China
Investors reacted to a pledge from the president on Friday to impose a “massive” new tariff on Chinese imports.
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Cars to Fighter Jets: China’s New Export Curbs May Level a Heavy Blow Worldwide
Broad restrictions could cause supply interruptions for arms makers, as well as manufacturers in the semiconductor, automotive and other sectors.
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The N.B.A. Returns to China After Six Years
The N.B.A, returns to China this week, after a hiatus sparked by a controversial 2019 tweet. In Macau, New York Times business reporter Tania Ganguli reveals the behind-the-scenes stakeholders who orchestrated the league’s return.
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China Flexed. Trump Hit Back. So Much for the Thaw.
Beijing’s trade curbs and President Trump’s tariff threats show how quickly calm can give way to confrontation between the two largest economies.
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How China Powers Its Electric Cars and High-Speed Trains
China is building a network of ultrahigh-voltage power lines to carry solar and wind energy hundreds and even thousands of miles as few citizens dare to protest.
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S&P and Nasdaq Slump as Stocks Fall on Trump China Tariff Threat
The S&P 500 slumped more than 2 percent for the first time in six months, rattling investors after a long stretch of gains.
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Why China Built 162 Square Miles of Solar Panels on the World’s Highest Plateau
China is using the high-altitude expanse for immense solar panel farms and wind turbines and has begun work on the world’s largest hydroelectric dams.
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China Clamps Down Even Harder on Rare Earth Exports
The move is Beijing’s latest attempt to tighten control over global production of the metals, which are essential to the manufacturing of chips.
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Irish Factory Prospered Because of China’s Babies. Then Nestlé Pulled the Plug.
China’s baby boom enriched a small Irish town where a Nestlé factory made formula for Chinese newborns. Then a baby bust unraveled it all. Or so it seemed.
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E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World
European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects.