Instead of battling over tariffs, Washington and Beijing have turned to a potentially far more harmful strategy: flexing their control over global supply chains.

China has blasted the U.S. for issuing AI chip export control guidelines, stopping the sale of chip design software to China, and planning to revoke Chinese student visas.

China's factory activity in May shrank for the first time in eight months, a private-sector survey showed on Tuesday, indicating U.S. tariffs are now starting to directly hurt the manufacturing superpower.

A private gauge of China’s manufacturing activity tumbled into contraction in May, as tariffs continue to weigh despite a trade truce with the U.S.

A new survey of Chinese manufacturers released Tuesday showed factory activity shrank in May, dropping to the lowest level in nearly three years after a barrage of tariffs from the Trump administration dented the sector.