Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares to take office.
Category: Embargoes and Sanctions
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China Announces a Ban on Rare Minerals to the U.S.
The move comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.
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Will Trump’s Dollar Diplomacy Roil Global Trade?
The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
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China Has a New Playbook to Counter Trump: ‘Supply Chain Warfare’
A series of swipes at American companies show how China could take the initiative in a new trade war, using its economic dominance to exact pain.
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TSMC Pauses Chip Shipments to Chinese Customers
The Taiwanese chip giant will halt shipments to Chinese companies after some of its most advanced chips ended up with Huawei.
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Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped products to a firm linked with China’s military industrial complex.
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TSMC Chips Ended Up in Devices Made by China’s Huawei Despite U.S. Controls
The U.S. government has tried to keep Chinese companies from obtaining certain advanced technologies, but concerns have been growing that some products may have been routed to Huawei.
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G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year.
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Russian Oil Flows Through Western ‘Price Cap’ as Shadow Fleet Grows
A report shows how Russia has largely evaded sanctions aimed at limiting its revenue from oil sales.
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How an Israeli Strike on Iran’s Oil Sector Would Impact China
China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted.
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For Companies in China, Pulling Out of Xinjiang Poses ‘Messy Dilemma’
Beijing’s investigation of the parent of Calvin Klein and Tommy Hilfiger, which stopped buying goods from Xinjiang, has put global firms in a difficult position.
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Oil Price Jumps After Biden Says ‘Discussing’ Potential Israeli Strike on Iranian Facilities
The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.