What is next for global trade as Trump’s July 9 tariff deadline looms? | Donald Trump News

What is next for global trade as Trump’s July 9 tariff deadline looms? | Donald Trump News

The global economy is on tenterhooks in the run-up to United States President Donald Trump’s July 9 deadline for dozens of countries to reach trade deals or face sharply higher tariffs. Wednesday’s deadline comes after Trump announced in April a 90-day pause on his steepest tariffs after his “Liberation Day” plans sent markets into a…

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Brazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio trip | International Trade News

Brazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio trip | International Trade News

Leaders expected to decry US President Donald Trump’s trade tariffs while presenting the bloc as a defender of multilateralism. Leaders of the growing BRICS group are gathering in Brazil for a summit overshadowed by United States President Donald Trump’s new tariff policies while presenting the bloc as a defender of multilateralism. The leaders, mainly from…

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China tries to rein in EV price wars

China tries to rein in EV price wars

BEIJING (AP) — The Chinese government is signaling enough is enough when it comes to the fierce competition in the country’s electric car market. China’s industrial policy has engineered a remarkable transformation to electric vehicles in what is the world’s largest auto market. In so doing, it has spawned far more makers than can possibly…

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Trump announces deal to impose 20% tariff on trade with Vietnam | Donald Trump News

Trump announces deal to impose 20% tariff on trade with Vietnam | Donald Trump News

The United States will place a lower-than-promised 20 percent tariff on many Vietnamese exports, President Donald Trump has said, cooling tensions with its 10th-biggest trading partner days before he could raise levies on most imports. Vietnamese goods will now face a 20 percent tariff, and any transshipments from third countries through Vietnam will face a…

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China sanctions former Filipino lawmaker who defended Philippines' South China Sea claims

China sanctions former Filipino lawmaker who defended Philippines’ South China Sea claims

BANGKOK (AP) — China sanctioned a former Filipino lawmaker Tuesday over perceived “anti-China” positions, including his authorship of bills that marked out the Philippines’ territorial claims in the disputed South China Sea. Francis Tolentino, who has just finished serving his term as majority leader of the Philippine Senate, is prohibited from entering China as well…

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Hong Kong's security net extends beyond arrests as small businesses pressured

Hong Kong’s security net extends beyond arrests as small businesses pressured

HONG KONG (AP) — It’s been years since mass arrests all but silenced pro-democracy activism in Hong Kong. But a crackdown on dissent in the semiautonomous Chinese city is still expanding, hitting restaurants, bookstores and other small businesses. Leticia Wong, former pro-democracy district councillor, arranges books at her bookstore in Hong Kong, Friday, June 20,…

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