The provisional rate, which was unexpected, will be set at 75.8 percent and will be effective from Thursday, China said. China has announced preliminary anti-dumping duties on Canadian canola imports, a new escalation in the yearlong trade dispute that began with Ottawa’s imposition of tariffs on Chinese electric vehicle imports last August. The provisional rate…
China’s Xi and Brazil’s Lula discuss cooperation amid fallout of US President Donald Trump’s trade war. Chinese President Xi Jinping has suggested that China and Brazil set an example of “unity and self-reliance” in the Global South, Chinese state media has reported. In a phone call on Monday, Xi told Brazilian President Luiz Inacio Lula…
Bao, widely regarded as one of China’s best-connected bankers, went missing in 2023 with little explanation. Bao Fan, star dealmaker and founder of boutique investment bank China Renaissance Holdings, has been released more than two years after being detained by Chinese authorities, the Reuters news agency has reported, citing a person with knowledge of the…
United States President Donald Trump has fired off a social media message calling on the head of the US technology firm Intel to resign from his post as chief executive officer. Trump’s decision to denounce Intel CEO Lip-Bu Tan on Thursday morning sent the company’s stocks tumbling, amid the uncertainty about the future of its…
Even as the United States slaps India with a 50 percent tariff, the highest among all countries so far and one that will push their relationship to its lowest moment in years, one thing is clear: US President Donald Trump is more interested in onshoring than friend-shoring, experts say. On Wednesday, the US announced an…
Prosecutors say two men ‘knowingly and willfully’ used California-based company to evade export controls on AI chips. Authorities in the United States have charged two Chinese citizens with shipping tens of millions of dollars’ worth of advanced Nvidia chips to China in breach of export controls. Chuan Geng and Shiwei Yang are alleged to have…
The US president has hurled insults at Fed Chair Jerome Powell, renewing calls for the Federal Reserve to slash interest rates. Washington, DC – United States President Donald Trump has called on the Federal Reserve board to wrest control of the central bank from Chairman Jerome Powell and lower interest rates. In a series of social…
The White House has launched an aggressive public relations campaign promoting a narrative of economic strength during the first six months of United States President Donald Trump, with claims of his policies fueling “America’s golden age”. But an Al Jazeera analysis of economic data shows the reality is more mixed. Trump’s claims of his policies…
Switzerland says it will try to negotiate its way out of stiff United States tariffs, hours after US President Donald Trump’s administration shocked the European country by announcing plans to impose a 39-percent tariff rate on Swiss goods. The Swiss government said on Friday that it was “disappointed” and would decide how to proceed after…
United States President Donald Trump says he has spoken with the leaders of Cambodia and Thailand in a bid to end their border fighting, on the second day of his golfing trip in Scotland, where he owns and is promoting two courses. “Just spoke to the Prime Minister of Cambodia relative to stopping the War…