China’s share of US imports fell to 7.1% in May, the lowest since 2001, according to trade data published on Thursday by the US Census Bureau. That’s a 4.3 percentage point lower than the same period last year and part of a longer-term decline that began during President Donald Trump’s first term in office.

“Vietnam will pay the United States a 20% Tariff on any and all goods sent into our Territory, and a 40% Tariff on any Transshipping,” Trump said on his social network. “In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade.”

Vietnam finds itself caught between its two biggest trading partners as the Trump administration tries to stop Chinese exporters using Vietnam as a way station.

A senior Indian minister has said that only the Dalai Lama and the organization he has set up have the authority to identify his successor as the spiritual head of Tibetan Buddhism, in a rare comment contradicting rival China's long-held position.

The Dalai Lama has announced that he will have a successor after his death, continuing a centuries-old tradition that has become a flashpoint in the struggle with China’s Communist Party over Tibet’s future.

Tesla Inc. saw its first increase in vehicle deliveries from its Shanghai factory this year, with the US automaker potentially buoyed by the clearance of regulatory hurdles for its advanced driver-assistance features.

Tesla (NASDAQ:TSLA) saw a modest rebound in its China-made electric vehicle sales in June, according to data from the China Passenger Car Association released Wednesday. The company delivered 71,599 units last month,