The two countries have imposed tit-for-tat export restrictions for months to hamper technological and AI development.
US President-elect Donald Trump has threatened 100 percent tariffs on BRICS nations if they replace the dollar.
Beijing bans exports of critical minerals to US, and several industry groups tell companies to avoid US chips.
Raising tariffs on US goods may hurt the economy, but can Trump push them through anyway?
![US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC, on November 13, 2024. [Allison Robbert/Reuters]](https://www.aljazeera.com/wp-content/uploads/2024/11/2024-11-13T160658Z_1910791073_RC2F4BARXUF7_RTRMADP_3_USA-TRUMP-CONGRESS-1732580631.jpg?resize=770%2C513&quality=80)
Move is President Biden’s administration’s last major effort to stymie China’s ability to access and produce chips.
Inflation-fatigued shoppers were looking for deals as they worried about higher prices next year on back of tariffs.
Justin Trudeau and Claudia Sheinbaum urge dialogue as Donald Trump plans to hit US neighbours with 25-percent tariffs.
Experts tell Al Jazeera to expect pressure to buy more US weapons, a trade dispute, and possibly a trade war.
He’s marked China as his primary adversary, threatening heavy tariffs on its imports.
China’s Xi Jinping says superpowers must ‘get along’, while Indonesia’s Prabowo lauds ‘immense potential’ of US ties.
Experts say Trump is likely to harden approach to Ukraine and China, and infuse more unpredictability in Middle East.
Trump said he would cut corporate taxes for companies that produced goods in the US but didn’t offer details.
US is concerned about data collection on US drivers by connected Chinese vehicles and potential manipulation.
Many households will have to wait for some time to feel the benefit of lower interest rates.
