The opioid that kills tens of thousands of Americans every year has become a source of political leverage that Beijing won’t easily give up.

We take stock of the twists and turns in the tariff negotiations between Washington and Beijing. Ultimately, the outcome might depend on both sides’ threshold for pain. Read more at straitstimes.com.

China’s imports of three major energy products from the US hit almost zero in June — a potentially sensitive shift as Beijing and Washington resume talks to resolve their differences on trade.

Treasury Secretary Scott Bessent announced Tuesday that a third round of trade talks with China is now scheduled and will commence next week in Sweden.

Asian equities posted strong gains overnight, led by Japan, which rallied on news of its new trade agreement with the United States.

China is seeking to maintain stable relations with the European Union. The efforts are believed to be part of its strategy to prepare for a prolonged confrontation with Washington, as the United States ramps up pressure on its trading partners.

China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.