US President Donald Trump has emphasised that the United States cannot depend on China for essential technologies like semiconductors, chips, smartphones, and laptops, the White House said on Saturday (April 12), following a decision to exempt these items from steep new tariffs. The exemptions mark a significant policy move within Trump’s broader strategy to reduce…
Representative AI image generated by Denny NEW DELHI: Asian stock markets nosedived on Monday as global financial turmoil deepened, triggered by US President Donald Trump’s sweeping tariffs and China’s retaliatory measures. With fears of a full-blown trade war mounting, US futures pointed to further losses on Wall Street, compounding Friday’s historic meltdown.Tokyo’s Nikkei 225 fell…
Even though policymakers in Beijing may be putting up a sanguine show, not all is well with China’s economy. Its latest official data reveals that prices in China fell 0.7% from a year earlier in February, marking the first time in more than a year that the economy is in the grip of deflation. Also…
In response to the tariffs imposed by the United States, China has announced fresh 10-%-15% duties on several US agricultural and food products, set to take effect from March 10. China will impose additional tariffs of 10%-15% on some US imports starting March 10. (Representational Photo)(Reuters) Among the US products which will face 10% retaliatory…
Last Updated:February 04, 2025, 11:27 IST China opposed the 10% tariffs imposed by Trump, saying it would challenge the decision at the World Trade Organisation (WTO) citing a violation of international trade rules. Donald Trump is expected to speak to Xi Jinping amid a growing trade war between the two countries. (Reuters/File) US-China Trade War:…