The discussions, which the people say are in the early stages, come as the Trump administration is ramping up tariff and other trade measures against China. This strategy aims to build leverage for negotiations with Beijing. Trump and Xi, through their representatives, have expressed interest in a summit since Trump won the election in November….
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…
(Bloomberg) — As stocks traded near records despite threats from President Donald Trump’s trade policies, sticky inflation and a suddenly fragile economy, strategists theorized an invisible hand was at work: Trump’s. Most Read from Bloomberg The theory was that the US president’s penchant for using the stock market as a report card meant any policy…
TAIPEI, TAIWAN — China kicks off its biggest political meetings of the year this week as additional tariffs from the United States loom and the leadership in Beijing looks to address what Chinese President Xi Jinping has called “complex and multifaceted” economic challenges. Starting on Tuesday, thousands of Chinese elites and lawmakers will begin gathering…
US President Donald Trump has said that his administration will “soon” impose reciprocal tariffs on countries such as India and China, reiterating what he had said during Prime Minister Narendra Modi’s recent visit to the US capital. Trump was speaking at the swearing-in of Commerce Secretary Howard Lutnick on Friday when he made the announcement,…
With China retaliating swiftly, slapping 15% tariffs on select US goods, the battle lines are once again drawn in a high-stakes economic standoff. But amid the turmoil, a new opportunity emerges for India—one that could shift global supply chains and strengthen its foothold in key US markets. India, which directly competes with China in sectors…
U.S. President Donald Trump and Chinese leader Xi Jinping are set soon to hold a high-stakes phone call on the tit-for-tat tariffs each has imposed on the other country’s exports. Trump’s new 10% tariff on Chinese goods took effect at midnight Monday, with China quickly announcing it would impose 15% tariffs on U.S. coal and…
US President Donald Trump, left, and Canadian Prime Minister Justin Trudeau (AP file photo) US President Donald Trump agreed on Monday to pause his planned tariffs on Mexico and Canada for 30 days. The decision comes as both countries took steps to address his concerns about border security and drug trafficking. The pause follows days…
As the leaders of Canada and Mexico rushed to respond after Donald Trump started a new trade war, Chinese President Xi Jinping took a breath before his nation announced any concrete retaliation.Following through on a threat made after he won the presidency, Trump on Saturday imposed a blanket 10% levy on China, and 25% duties…
With much-anticipated trade actions against China absent on the first day of US President Donald Trump’s second term, a chief Citi economist said there are better odds of “delayed, gradual tariffs” being imposed on the world’s second-largest economy in advance of potential direct negotiations between the two countries’ leaders. A slower onset of tariffs on…