In Asia, Hegseth warns against China
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China, which has never officially acknowledged the ban, has more confidence in its own entertainment now and is looking to boost consumer spending, experts say.
Asia stock markets trade in red on Monday, followed President Trump's announcement on Friday of plans to raise steel import tariffs from 25% to 50%, effective Wednesday, framing it as a step to reduce reliance on China.
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Legit on MSNAsian markets rise as traders eye possible Trump-Xi talksAsian stocks rallied on Tuesday (Jun 3) as investors kept tabs on developments in the China-US trade war amid speculation the countries' leaders will hold talks soon. After a period of relative c
The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US,” Trump posted. “So much for being Mr. NICE GUY!”
An immigration officer conducts inspection work at Irkeshtam port in Wuqia County, Kirgiz Autonomous Prefecture of Kizilsu in northwest China's Xinjiang Uygur Autonomous Region, June 1, 2025. The Irkeshtam port in northwest China's Xinjiang Uygur Autonomous Region launched a trial of 24-hour freight clearance operations on Sunday,
In response to President Trump’s claim, China said the United States was the one introducing a series of “discriminatory restrictive measures.”
The cracks between the two superpowers, the US and China, seem to have widened during Asia's premier security forum. But while Washington is warning of the "threat" of China, Beijing is playing it close to the chest.
Factory activity slowed across much of Asia in May as uncertainty over U.S. tariffs continued to cause steep declines in new orders, purchasing managers surveys show.