WASHINGTON (AP) — China retaliated against President Donald Trump’s tariffs with an additional 15% tax on key American farm products, including chicken, pork, soybeans and beef. The escalating trade tensions punished U.S. markets Monday as investors fearful of the damage from from Trump’s trade wars put their money elsewhere. The Chinese tariffs, announced last week,…
BEIJING (AP) — Chinese Foreign Minister Wang Yi said China will continue to retaliate for the United States’ “arbitrary tariffs” and accused Washington of “meeting good with evil” in a press conference Friday on the sidelines of the country’s annual parliamentary session. Wang said China’s efforts to help the U.S. contain its fentanyl crisis have…
BANGKOK (AP) — Asian shares were mostly higher Thursday, tracking a rebound on Wall Street after President Donald Trump pulled back on some of his tariffs hikes. U.S. futures were little changed, while benchmarks surged in Japan and China. Trump’s decision to give a one-month exemption for U.S. automakers on his 25% tariffs for Mexican…
WASHINGTON (AP) — Eight leaders or members of a Chinese hacking company have been charged alongside two Chinese law enforcement officers in a global cyberespionage campaign that targeted dissidents, news organizations and U.S. agencies, the Justice Department announced Wednesday. A set of criminal cases adds new detail to what U.S. officials say is a hacking-for-hire…
BEIJING (AP) — China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds. The target for GDP growth was announced Wednesday in a report being presented by Premier Li Qiang at the opening session of the National People’s Congress, the annual…
MEXICO CITY (AP) — Mexico’s president said Tuesday the country will respond to the 25% tariffs imposed by the United States with retaliatory tariffs on U.S. goods, with details to come. Mexico will announce the targeted products and other measures Sunday at an event in Mexico City’s central plaza, a delay that suggests Mexico hopes…
BEIJING (AP) — China announced Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and also expanded controls on doing business with U.S. companies. The tariffs announced by the Commerce Ministry are due to take effect from March 10. They follow…
WASHINGTON (AP) — President Donald Trump’s long-threatened tariffs against Canada and Mexico finally went into effect Tuesday, putting global markets on edge and setting up costly retaliations by the United States’ North American allies. Starting just past midnight, imports from Canada and Mexico are now to be taxed at 25%, with Canadian energy products getting…
WASHINGTON (AP) — Defense Secretary Pete Hegseth has paused offensive cyberoperations against Russia by U.S. Cyber Command, rolling back some efforts to contend with a key adversary even as national security experts call for the U.S. to expand those capabilities. A U.S. official, speaking on condition of anonymity to discuss sensitive operations, on Monday confirmed…
BANGKOK (AP) — Asian shares started the week with solid gains after Wall Street closed its dreary February on a brighter note. Upbeat Chinese factory data also lifted sentiment, helping to start trading in March on a strong note. In Hong Kong, Chinese bubble tea chain Mixue Bingcheng’s shares soared 40% after its $444 million…