14-10-2025

Escalating US-China Trade Tensions Rock Global Markets

Date: 14-10-2025
Sources: cnbc.com: 4 | edition.cnn.com: 3 | nytimes.com: 3 | scmp.com: 2
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Image Source:

Source: edition.cnn.com

Image content: The image depicts a bustling shipping yard, with stacks of red and blue shipping containers prominently displayed in the foreground. The containers are labeled with white Chinese characters and the logo "TALKS SHIPPING" or other company names, indicating their origin and destination. In the background, numerous cranes are visible, suggesting a high level of activity and cargo handling at the port.

Summary

The ongoing trade war between the US and China continues to escalate, with both countries imposing new tariffs, export controls, and sanctions on each other. The tensions have caused significant market volatility, with some Asian markets experiencing declines while others hit all-time highs. The US has imposed tariffs on Chinese imports, including furniture and lumber, and has started charging Chinese ships to dock at US ports, prompting China to retaliate with sanctions on US subsidiaries of South Korean companies.

Key Points

  • US and China have imposed new tariffs and export controls on each other, escalating trade tensions
  • China has sanctioned US subsidiaries of South Korean company Hanwha Ocean
  • US has started charging Chinese ships to dock at US ports, prompting China to threaten retaliation
  • Trade tensions have caused significant market volatility and uncertainty

Articles in this Cluster

China chipmaker WingTech plunges 10% after Dutch government takes control of subsidiary Nexperia

Chinese chipmaker Wingtech's shares plummeted 10% after the Dutch government took control of its subsidiary Nexperia, citing national security concerns. The move is seen as a significant escalation in the ongoing tech war between China and the West. Meanwhile, Asian markets were mixed, with South Korea's Kospi index hitting an all-time high, while Japan's Nikkei 225 declined. The US equity futures were little changed, following a rebound in US markets on Monday after President Donald Trump softened his stance on China.
Entities: Wingtech, Nexperia, Netherlands, China, USTone: neutralSentiment: negativeIntent: inform

China targets five U.S. subsidiaries of South Korea's Hanwha Ocean, sending shares down 8%

China has imposed sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean, escalating tensions with Washington. The sanctioned companies are accused of assisting U.S. probes into the Chinese shipping industry. As a result, Hanwha Ocean's shares plummeted over 8% in Seoul. The move is part of a broader trade dispute between China and the U.S., with both countries imposing fees on each other's vessels and China restricting rare earths exports.
Entities: China, U.S., Hanwha Ocean, Washington, South KoreaTone: neutralSentiment: negativeIntent: inform

CNBC Daily Open: A chance for peace in the Middle East and the U.S.-China trade war

The article discusses a recent development in the Middle East where US President Donald Trump announced that the war between Israel and Hamas has ended. This news has brought a hopeful mood to the markets, with major US stock indexes rebounding after a sell-off on Friday triggered by Trump's announcement of 100% additional tariffs on China. Other news includes Broadcom's partnership with OpenAI to develop custom chips, China's clampdown on US subsidiaries of Hanwha Ocean, and Tata Electronics' acquisition of Justech Precision, a Chinese iPhone supplier. The article also touches on UBS' pick of European sectors less affected by a trade war and the US providing a $20 billion currency swap line to Argentina.
Entities: Donald Trump, Israel, Hamas, China, USTone: neutralSentiment: positiveIntent: inform

European markets on Weds Oct: Stoxx 600, FTSE, DAX, CAC

European stocks opened lower on Tuesday due to renewed trade tensions between the U.S. and China, despite initial optimism at the start of the week. The threat of new tariff increases by the U.S. on China, coupled with China's export controls on rare earth minerals, has put markets on edge. Meanwhile, China's stock market rally shows signs of strain. In corporate news, BP updated its guidance ahead of its Q3 earnings release, and the British pound fell following the release of U.K. employment figures. The IMF is set to release its World Economic Outlook report.
Entities: European stocks, U.S., China, Donald Trump, rare earth mineralsTone: analyticalSentiment: neutralIntent: inform

China says it didn’t reignite trade tensions with the US, Trump did. | CNN BusinessClose icon

The US and China are experiencing a resurgence in trade tensions, with both countries blaming each other for the escalation. The US had expanded export controls on Chinese firms, which China saw as a hostile move, leading it to tighten its grip on rare earth minerals. The US responded by threatening to restore tariffs on China to triple-digit levels. The tensions have rattled markets and raised concerns about the impact on global industries and the planned meeting between Chinese leader Xi Jinping and US President Donald Trump.
Entities: China, US, Donald Trump, Xi Jinping, Rare earthsTone: neutralSentiment: negativeIntent: inform

In America’s furniture capital, a mix of hope and fear as tariffs arrive | CNN BusinessClose icon

The article discusses the impact of new US tariffs on furniture imports on North Carolina's furniture manufacturing industry. While some manufacturers may benefit from the tariffs, others are concerned about the potential harm to the broader industry ecosystem, including retailers and distribution companies. Executives worry that the tariffs could lead to higher prices, job losses, and damage to the industry's reputation overseas. The industry is also facing a shortage of skilled workers, making it challenging to meet demand. The article highlights the mixed feelings among furniture executives, with some being cautious about the tariffs' effectiveness in reviving domestic manufacturing.
Entities: North Carolina, Rock House Farm Furniture, Alex Shuford, Donald Trump, United StatesTone: neutralSentiment: negativeIntent: inform

Video: Analysis: Beijing shrugs at Trump’s latest tariff threat | CNN

The article discusses China's reaction to US President Donald Trump's threat to impose new 100% tariffs, with China vowing to retaliate with countermeasures. The analysis is presented in a video by CNN's Steven Jiang. The article also includes various other news updates related to Trump's visit to Israel and the recent Gaza ceasefire agreement.
Entities: China, US, Donald Trump, Beijing, tariffsTone: analyticalSentiment: neutralIntent: inform

Trump Enacts Tariffs on Imported Lumber and Furniture - The New York Times

The article discusses President Trump's imposition of new tariffs on imported furniture, kitchen cabinets, and lumber, which took effect on Tuesday. The tariffs, ranging from 10 to 50 percent, aim to encourage domestic logging and furniture manufacturing. Critics argue that the levies will raise prices for American consumers and slow industries like home building. The move is part of Trump's ongoing trade war with China, which has led to market volatility and concerns about the U.S. economy. Some manufacturers have lobbied for the tariffs, while others face challenges due to the increased costs.
Entities: Donald Trump, China, United States, Canada, Xi JinpingTone: analyticalSentiment: negativeIntent: inform

Trump’s Two Minds on China Sow a Chaotic Few Days - The New York Times

The article discusses the inconsistent and contradictory statements made by President Trump regarding the US-China trade war, causing market fluctuations and uncertainty. Trump initially threatened 100% tariffs on Chinese products in response to China's new controls on rare earth minerals, but later downplayed the issue, saying China's President Xi Jinping was having a 'bad moment'. The article suggests that Trump's mixed messages reflect an internal tug-of-war within the administration over the best approach to China, with some officials advocating for a tougher stance and others seeking a negotiated settlement. The trade war is having a significant impact on US farmers, who have seen their exports to China halted, and on global markets, which have reacted nervously to Trump's threats and conciliatory statements.
Entities: Donald Trump, China, United States, Xi Jinping, Trade warTone: neutralSentiment: negativeIntent: inform

U.S. Starts Charging Chinese Ships to Dock at Its Ports - The New York Times

The US Trump administration has started imposing fees on Chinese ships docking at American ports, broadening its trade war with China. The fees are intended to counter China's dominance in commercial shipbuilding and help revitalize the US shipbuilding industry. China's Ministry of Transport has threatened retaliation, and the move has sparked concerns about the impact on global supply chains and the cost of imported goods. The fees will affect Chinese shipping companies and non-Chinese shipping lines that use Chinese-built ships. Critics argue that the fees will make supply chains less efficient and push up costs, while supporters say they will help level the playing field for US shipbuilders.
Entities: United States, China, Trump administration, Chinese Ministry of Transport, President TrumpTone: neutralSentiment: negativeIntent: inform

China and US hold ‘working-level talks’ on Monday despite trade spat | South China Morning Post

China and the US held working-level talks on Monday despite a renewed escalation in trade tensions. China's Ministry of Commerce urged the US to 'show sincerity' in its relations, stating that the US cannot engage in dialogue while intimidating and threatening to impose new restrictions. The tensions between the two economies have ratcheted up amid economic sanctions, export controls, and threats of triple-digit tariffs, casting a shadow over a planned meeting between Presidents Xi Jinping and Donald Trump.
Entities: China, US, Ministry of Commerce, Washington, BeijingTone: neutralSentiment: negativeIntent: inform

Developing | China-US shipping dispute escalates as Beijing sanctions South Korean giant subsidiaries | South China Morning Post

The article reports on the escalation of the China-US shipping dispute as Beijing imposes sanctions on five US-based subsidiaries of the South Korean shipping giant Hanwha Ocean. The sanctions are in response to Hanwha Ocean's alleged cooperation with Washington in curbing China's maritime and shipbuilding industries. The move comes as Washington enforces port fees targeting China-built or operated vessels. China's Ministry of Commerce accuses Hanwha Ocean's US subsidiaries of assisting the US government in conducting a 301 investigation and imposing measures against China's maritime sector. The sanctions are enforced under China's anti-foreign sanctions law and related regulations.
Entities: China, US, Hanwha Ocean, South Korea, BeijingTone: neutralSentiment: negativeIntent: inform