The International Trade Conflict Between China And The United States Is Still Ongoing

The international trade conflict between China and the United States is still ongoing

On March 21, 2025, British pharmaceutical giant AstraZeneca announced that it will invest $2.5 billion to establish a global strategic research and development center in Beijing. The new center will focus on early research and clinical trials, becoming AstraZeneca's sixth global research and development base. Despite facing challenges such as tax investigations, the company remains steadfast in expanding into the Chinese market, which analysts believe indicates that multinational pharmaceutical companies still have confidence in China's policy environment and market potential.

2. Financial Times: US tariffs further expand China's advantage in electric vehicles

On March 28, 2025, the Financial Times editorial pointed out that the United States imposed a 25% tariff on imported cars with the intention of promoting domestic manufacturing, but it may benefit Chinese electric vehicle manufacturers such as BYD. BYD has recently released multiple innovations, including a five minute fast charging system and the "Eye of Heaven" autonomous driving technology, and plans to equip them for free in all models to further consolidate its global leading position.

3. Nihon Keizai Shimbun: China Japan high-level economic dialogue restarted six years later, focusing on economic and trade cooperation

On March 22, 2025, the sixth high-level economic dialogue between China and Japan was held in Tokyo, marking the first restart in six years. Chinese State Councilor and Foreign Minister Wang Yi and Japanese Foreign Minister Iwaya Yi co chaired the meeting. Both sides reached 20 consensuses on topics such as trade and investment, technological innovation, and cooperation in new energy. This dialogue is seen as a signal of the thawing of Sino Japanese economic and trade relations, which will help stabilize regional supply chains and promote East Asian cooperation.

4. The Wall Street Journal: China's private aerospace industry accelerates to catch up with SpaceX

On March 24, 2025, The Wall Street Journal reported that China plans to launch at least six reusable rockets for the first time this year. With the support of national and local governments, private aerospace companies have obtained billions of dollars in financing and are striving to build an independent aerospace technology system to narrow the gap with SpaceX in the United States. China's first commercial launch site was also put into use last year.

5. The Wall Street Journal: China considers responding to US tariff pressure with voluntary export restrictions

On March 24, 2025, The Wall Street Journal reported that China is studying whether to alleviate tariff pressure from the Trump administration by proactively restricting exports to the United States. This approach is similar to Japan's trade strategy in the 1980s. Despite previously emphasizing not to yield to US pressure, China may take pragmatic measures to address challenges in the current context of slowing economic growth.

6. Financial Times: Hong Kong's position as an air cargo hub is impacted by the trade war

On March 19, 2025, the Lex column of the Financial Times pointed out that as the busiest air cargo hub in the world, Hong Kong is facing pressure due to the US China trade tensions and Trump's new tariff policies. Although local companies such as Cathay Pacific maintain growth through special cargo operations, Hong Kong's position as a global hub is becoming fragile, and multinational corporations are reassessing their logistics strategies.

7. Financial Times: Market opener demands Chinese suppliers to lower prices in response to US tariffs

On March 19, 2025, the Financial Times reported that American retailer Costco is pressuring Chinese suppliers to lower prices in response to Trump's new round of tariffs. Wal Mart and other retail giants also put forward similar requirements. Analysis suggests that such behavior has raised concerns in China about "non market pressure" and may affect the direction of Sino US trade relations.

8. The New York Times: Trump may trade tax cuts for TikTok deal

On March 27, 2025, US President Trump expressed willingness to consider appropriately reducing tariffs on China in the TikTok sale transaction in exchange for China's cooperation. The current US Congress is pushing for legislation to require TikTok to be spun off from its Chinese parent company, and Trump hopes to extend the transaction period to reach a more favorable agreement. But China refused.

9. BBC: Trump announces 25% tariffs on imported cars, sparking global concerns

On March 27, 2025, US President Trump announced a new 25% tariff on all imported cars and parts. The policy will be officially implemented on April 2nd, aiming to promote the return of the automotive industry to the United States. Although Trump claimed that this move would promote employment and investment, analysis suggests that high tariffs could lead to rising car prices, production disruptions, and trigger an escalation of trade frictions between the US and Europe.