Latest news with #tariffwars
The Independent
29-05-2025
- Business
- The Independent
The US academic partnership with China, under strain for years, faces its biggest threat
Frayed by tariff wars and political battles, the academic ties between the U.S. and China are now facing their greatest threat yet as the Trump administration promises to revoke visas for an unknown number of Chinese students and tighten future visa screening. In a brief statement Wednesday, Secretary of State Marco Rubio said the U.S. will 'aggressively' revoke visas for Chinese students, including those with ties to the Chinese Community Party or studying 'critical fields.' Rubio's statement threatened to widen a chasm between the two nations, building on a yearslong Republican campaign to rid U.S. campuses of Chinese influence and insulate America's research from its strongest economic and military competitor. Rubio's announcement has rattled Chinese students and drawn swift condemnation from the Chinese government and some U.S. lawmakers. It also raised alarm at U.S. campuses that host more than 275,000 students from China and benefit from their tuition payments. Chinese graduate student Kesong Cao, 26, decided to abandon his studies in the U.S. because of Trump's policies. 'I do not feel welcome anymore,' said Cao, a student of cognitive psychology at the University of Wisconsin, who was waiting at Seattle airport Thursday to board a flight home to China. Cao spent eight years in the U.S. and once dreamed of staying as a professor. 'Now it seems like that dream is falling apart,' he said. 'It's a good time to jump ship and think about what I can give back to my own country.' The scope of the visa crackdown wasn't immediately clear, with no explanation on what would constitute ties to the Communist Party. But the impact could be significant if the government goes after any student with family members in the party, said Sun Yun, director of the China program at the Washington-based think tank Stimson Center. Academic ties with China were built over decades Academic leaders in the U.S. have spent years trying to tamp down growing hostility against Chinese students and scholars, saying the benefits of the relationship outweigh the risks. Collaboration between the countries produces tens of thousands of scientific papers a year, yielding major advancements in fields from earthquake prediction to disease treatment. The academic alliance has been built up over decades since both sides resumed diplomatic ties in the 1970s. Chinese researchers are the most frequent international co-authors for U.S. researchers in science and engineering journal articles. Both sides are research powerhouses. Any move that prevents the U.S. from welcoming the smartest people in the world is an 'extremely bad idea,' said L. Rafael Reif, a former president of the Massachusetts Institute of Technology who pushed back against anti-China sentiment during President Donald Trump 's first term. 'This administration will be known historically as the one that began the decline of the U.S. by completely failing to understand the importance of science and technology — and the importance of gathering the most talented human capital from the world to work together towards a thriving United States,' Reif said in a statement to The Associated Press. During his first term, Trump shortened the visas of some Chinese graduate students from five years to one, and he signed an order barring Chinese students from schools with direct links to the People's Liberation Army. More recently, the administration has taken sweeping action against international students. It revoked the legal status for thousands of foreign students in the U.S. this spring before reversing itself. The administration is also trying to block Harvard from enrolling for students, a move put on hold by a judge. David Lampton, a political scientist at Johns Hopkins University, is worried the U.S. will lose talent. 'American universities and society have always successfully relied on their single-minded search for the world's best brains,' he said. Yet critics say it's a lopsided relationship that primarily benefits China. Some conservatives say the exchanges are a US security risk A State Department spokesperson, Tammy Bruce, told reporters Thursday that the U.S. "will not tolerate the CCP's exploitation of U.S universities or theft of U.S. research, intellectual property or technologies to grow its military power, conduct intelligence collection or repress voices of opposition.' House Republicans issued a report last year finding that hundreds of millions of dollars in federal funding has gone toward research that ultimately boosted Chinese advancements in artificial intelligence, semiconductor technology and nuclear weapons. The report argued China's academic collaborations served as 'Trojan horses for technology transfer,' accusing China of 'insidious' exploitation of academic cooperation. At least three American schools have ended their partnerships in China, including the University of Michigan and the Georgia Institute of Technology. Eastern Michigan University was the latest to terminate a Chinese partnership, just hours before Rubio's announcement. Earlier this month, Michigan GOP Reps. John Moolenaar and Tim Walberg wrote to Duke University demanding the school end its campus in China, which was created in a partnership with Wuhan University. The lawmakers raised concerns that the Chinese university has links to the Chinese military, including cyber warfare and satellite tracking. Critics also point to the imbalance in student exchange — only a few hundred U.S. students study abroad in China a year, compared to about 370,000 from China who studied in the U.S. in 2018. President Xi Jinping in 2023 launched a campaign to invite 50,000 young Americans to visit China on exchange and study programs. U.S. universities themselves have come to rely on Chinese students. Even as numbers level off, Chinese students remain the second-largest group of international students in the U.S. behind those from India. Foreign students are typically charged higher tuition rates, subsidizing the education for American students. Gary Locke, a former U.S. ambassador to China, said the visa policy would 'adversely and profoundly' affect U.S. higher education, research institutions, scientific discovery and startups. 'The real story isn't just about visa numbers — it's also about how this changes the competitive landscape for talent, innovation and economic growth in America. Treating every Chinese student as a security threat distorts facts and fuels discrimination against Chinese Americans,' said Locke, now chair of Committee of 100, a group of prominent Chinese Americans focused on U.S.-China relations and issued faced by Chinese citizens in the U.S. ___ Associated Press writers Jocelyn Gecker in San Francisco, Matthew Lee in Washington, and Terry Tang in Phoenix contributed to this report. ___ The Associated Press' education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
Bloomberg
19-05-2025
- Business
- Bloomberg
Ryanair Says Tariff War Top Threat to Growth; Plans Buyback
Ryanair Holdings Plc said profit growth this year will depend on working through the risk of tariff wars, geopolitical conflicts and macro-economic blows. The airline said it was too early to provide guidance for this year and has no visibility into the second half of fiscal 2026.
South China Morning Post
13-05-2025
- Business
- South China Morning Post
Xi Jinping calls for unity, Pakistan's ‘ABC' system against India: SCMP daily highlights
Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing President Xi Jinping has called for countries to stand together to promote global peace and stability, stressing that 'there were no winners in tariff wars', in a veiled reference to the US. Transpacific shipping routes are set to witness a dramatic uptick in container traffic over the coming weeks, as businesses rush to front-load shipments to take advantage of a temporary reduction in US and Chinese tariffs, analysts said. China's investment in STEM is attracting top international mathematicians and helping to foster original research, according to Mok Ngaiming, chair of mathematics at the University of Hong Kong.
South China Morning Post
13-05-2025
- Business
- South China Morning Post
China's Xi Jinping urges countries to ‘stand united' in face of global trade war
Read more about this: President Xi Jinping has called for countries to stand together to promote global peace and stability, saying in a veiled reference to the US that there were 'no winners in tariff wars'. In his first public remarks since US-China trade talks at the weekend, Xi told leaders from Latin America and the Caribbean that 'bullying or hegemonism only leads to self-isolation'. Xi was speaking at the opening of the fourth ministerial meeting of the China-Celac forum in Beijing on May 13, 2025. Celac is a grouping of the Caribbean Community of Latin American and Caribbean States. Xi announced five programmes that will involve China working with countries from the two regions over the next three years. They included enhancing coordination on international affairs, deepening trade and cooperation through Beijing's Belt and Road Initiative, as well as cultural and people-to-people exchanges. He added that China would also provide 66 billion yuan (US$9.14 billion) in credit funds to the region.
South China Morning Post
13-05-2025
- Business
- South China Morning Post
‘No winners in tariff wars' China's Xi Jinping tells Latin American, Caribbean leaders
President Xi Jinping has called for countries to stand together to promote global peace and stability, stressing that 'there were no winners in tariff wars', in a veiled reference to the US. Advertisement In his first public remarks since US-China trade talks at the weekend, Xi told leaders from Latin America and the Caribbean that 'bullying or hegemonism only leads to self-isolation'. Xi was speaking at the opening of the fourth ministerial meeting of the China-Celac forum in Beijing on Tuesday. 10:37 Why the US is worried about China's growing influence in South America Why the US is worried about China's growing influence in South America 'The world is undergoing a century of rapid change, with multiple risks compounding one another. Only through solidarity and cooperation can countries maintain world peace and stability,' he said. Xi said that China and countries from Latin America and Caribbean were important members of the Global South, adding that fairness and justice were their shared pursuits. Countries should stand united in the face of rising geopolitical tensions and bloc confrontations and the 'surging undercurrents of unilateralism and protectionism', he said. Advertisement Xi announced five programmes that will involved China working with Latin American and Caribbean countries over the next three years. They included enhancing coordination on international affairs, deepening trade and cooperation through the Belt and Road Initiative, as well as cultural and people-to-people exchanges. 'We will work with [Latin American and Caribbean] countries to firmly safeguard the international system… and to speak with one voice in international and regional affairs,' he said.
