China's Bad, No Good Trillion-Dollar Trade Surplus
(paulkrugman.substack.com)
Last year China ran history’s first trillion-dollar trade surplus.
Last year China ran history’s first trillion-dollar trade surplus.
China's Trade Surplus Reaches a Record of Nearly $1T (largest in past century)
(nytimes.com)
China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports.
China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country’s own businesses and households spent cautiously on imports.
Canadians on TN visas in the US should prepare
(ycombinator.com)
The incoming administration is committed to wide-ranging tariffs against its largest trading partners, including Canada.
The incoming administration is committed to wide-ranging tariffs against its largest trading partners, including Canada.
China's plan to dominate legacy chips globally sparks US probe
(arstechnica.com)
Under Joe Biden's direction, the US Trade Representative (USTR) launched a probe Monday into China's plans to globally dominate markets for legacy chips—alleging that China's unfair trade practices threaten US national security and could thwart US efforts to build up a domestic semiconductor supply chain.
Under Joe Biden's direction, the US Trade Representative (USTR) launched a probe Monday into China's plans to globally dominate markets for legacy chips—alleging that China's unfair trade practices threaten US national security and could thwart US efforts to build up a domestic semiconductor supply chain.
Tariffs Are Taxes–Particularly Inefficient and Corruptible Taxes
(forbes.com)
Tariffs are taxes disguised as tools of economic policy or trade negotiation. More to the point, they are taxes that affect every consumer and business in ways far less visible than traditional income or consumption taxes.
Tariffs are taxes disguised as tools of economic policy or trade negotiation. More to the point, they are taxes that affect every consumer and business in ways far less visible than traditional income or consumption taxes.
China's Slowdown Has Changed the Trade War
(foreignaffairs.com)
The China that President-elect Donald Trump will face in 2025 is fundamentally different than the one he encountered when his first administration began in 2017, or even the one with which he negotiated a trade deal near the end of his term.
The China that President-elect Donald Trump will face in 2025 is fundamentally different than the one he encountered when his first administration began in 2017, or even the one with which he negotiated a trade deal near the end of his term.
Biodiversity loss due to agricultural trade three times higher than thought
(phys.org)
Exporting agricultural products from tropical regions to China, the U.S., the Middle East, and Europe is three times more harmful to biodiversity than previously assumed.
Exporting agricultural products from tropical regions to China, the U.S., the Middle East, and Europe is three times more harmful to biodiversity than previously assumed.
Russia Hits China with Trade Tariffs
(newsweek.com)
Russia has imposed a new tariff on a category of imports from China, an ally that has been a crucial lifeline for Moscow since President Vladimir Putin's 2022 invasion of Ukraine.
Russia has imposed a new tariff on a category of imports from China, an ally that has been a crucial lifeline for Moscow since President Vladimir Putin's 2022 invasion of Ukraine.
Russia's Military Found a Surprisingly Simple Way to Buy US Chips
(bloomberg.com)
A cache of internal Russian documents reviewed by Bloomberg reveals how Putin’s forces have been able to keep purchasing American semiconductors.
A cache of internal Russian documents reviewed by Bloomberg reveals how Putin’s forces have been able to keep purchasing American semiconductors.
China's Critical Minerals Embargo Is Even Tougher Than Expected
(nytimes.com)
Alarm is rising among multinational companies doing business with China about Beijing’s decision last week to order a trade embargo on the export of four critical minerals to the United States.
Alarm is rising among multinational companies doing business with China about Beijing’s decision last week to order a trade embargo on the export of four critical minerals to the United States.
China bans exports to US of gallium, germanium, antimony
(apnews.com)
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.
China banned exports of rare minerals to the US
(bloomberg.com)
China ratcheted up trade tensions with the US with a ban on several materials with high-tech and military applications, in a tit-for-tat move after President Joe Biden’s government escalated technology curbs on Beijing.
China ratcheted up trade tensions with the US with a ban on several materials with high-tech and military applications, in a tit-for-tat move after President Joe Biden’s government escalated technology curbs on Beijing.
China Bans Rare Mineral Exports to the U.S.
(nytimes.com)
China said on Tuesday it would begin banning the export of some rare minerals to the United States, in an escalation of the tech war between the world’s two biggest powers.
China said on Tuesday it would begin banning the export of some rare minerals to the United States, in an escalation of the tech war between the world’s two biggest powers.
China bans exports to US of gallium, germanium in response to chip sanctions
(apnews.com)
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications, as a general principle, lashing back at U.S. limits on semiconductor-related exports.
Biden administration bars China from buying HBM chips critical for AI
(theregister.com)
The Biden administration has announced restrictions limiting the export of memory critical to the production of AI accelerators and banning sales to more than a hundred entities.
The Biden administration has announced restrictions limiting the export of memory critical to the production of AI accelerators and banning sales to more than a hundred entities.
Evidence of the use of silk by Bronze Age civilization
(nature.com)
Silk was the driving force behind the opening of the Silk Road, positioning this material as a global commodity that greatly influenced the progress of human civilization.
Silk was the driving force behind the opening of the Silk Road, positioning this material as a global commodity that greatly influenced the progress of human civilization.
Trump targets Mexico and Canada with tariffs, plus an extra 10% for China
(arstechnica.com)
Donald Trump has said he will impose tariffs of 25 percent on all imports from Canada and Mexico, and an extra 10 percent on Chinese goods, accusing the countries of permitting illegal migration and drug trafficking.
Donald Trump has said he will impose tariffs of 25 percent on all imports from Canada and Mexico, and an extra 10 percent on Chinese goods, accusing the countries of permitting illegal migration and drug trafficking.
TSMC cannot make 2nm chips abroad now: MOEA
(taipeitimes.com)
Taiwan’s technology protection rules prohibits Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) from producing 2-nanometer chips abroad, so the company must keep its most cutting-edge technology at home, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday.
Taiwan’s technology protection rules prohibits Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) from producing 2-nanometer chips abroad, so the company must keep its most cutting-edge technology at home, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday.
Trump plans to repeal Biden's 2023 order and levy tariffs on GPU imports
(arstechnica.com)
Early Wednesday morning, Donald Trump became the presumptive winner of the 2024 US presidential election, setting the stage for dramatic changes to federal AI policy when he takes office early next year.
Early Wednesday morning, Donald Trump became the presumptive winner of the 2024 US presidential election, setting the stage for dramatic changes to federal AI policy when he takes office early next year.
Trump to raise tariffs to 60% on all Chinese goods if elected
(theregister.com)
Tariffs have become a major issue in the current US election, with former president Donald Trump claiming his plans to put a 10-20 percent tax on imports, rising to 60 percent with China, would fill government coffers for tax cuts and make American manufacturing great again. His rival Kamala Harris called the plans a ‘sales tax on the American people.'
Tariffs have become a major issue in the current US election, with former president Donald Trump claiming his plans to put a 10-20 percent tax on imports, rising to 60 percent with China, would fill government coffers for tax cuts and make American manufacturing great again. His rival Kamala Harris called the plans a ‘sales tax on the American people.'
'Buy American' Policies Don't Help Americans
(bloomberg.com)
“Buy American” sounds like such a good idea. The phrase itself evokes the benefits of commerce, and of America selling things, while renewed interest in industrial policy from both Republicans and Democrats increases the concept’s political appeal.
“Buy American” sounds like such a good idea. The phrase itself evokes the benefits of commerce, and of America selling things, while renewed interest in industrial policy from both Republicans and Democrats increases the concept’s political appeal.
US moves to block all Chinese auto imports through software crackdown
(theverge.com)
The Biden administration proposed new rules blocking the “sale or import” of connected vehicle software originating from “countries of concern,” a move that would effectively ban all auto imports in the US from China.
The Biden administration proposed new rules blocking the “sale or import” of connected vehicle software originating from “countries of concern,” a move that would effectively ban all auto imports in the US from China.