US Vice-President J.D. Vance said on Sunday that President Donald Trump is “thinking” about slapping new tariffs on imports from China in response to the country’s purchases of Russian oil. Vance was asked in a Fox News interview whether Trump would move against Beijing as he did against New Delhi last week, when the president…
China on Thursday slammed the United States for doubling the tariffs on India to 50 per cent, saying that Beijing’s opposition to the abuse of tariffs has been consistent and clear. The MEA said that India will take necessary actions to protect its national interests while reacting to US’ 50% tariffs. (File/AFP) The Chinese Foreign…
Nvidia’s share price has rebounded sharply from its April lows, recording an over 60% rally to record high levels above $158 mark for the first time earlier this week. For the year, the chipmaker has gained 28% and is up 17% on a year-to-date basis. This sharp rally has pushed Nvidia to reclaim the title…
The three iPhone manufacturers in India are Tata Electronics, Pegatron and Foxconn Hon Hai. (AI image) Apple’s iPhone exports from India to the US constituted 97.6% of total iPhone exports in March 2025, rising from 81.9% in the December-February 2025 period. This shift aimed to avoid increased tariffs on Chinese imports.According to an S&P Global…
After weeks of pain, the stock market is eyeing some relief from tariffs and fears about Donald Trump’s encroachment on the Federal Reserve. US stocks soared Wednesday after comments from Trump helped ease two major headwinds for the stock market: steep tariffs on China and the early termination of Federal Reserve Chairman Jerome Powell. Here’s…
Washington: The Washington seems ready to blink first in the trade standoff with Beijing, as US President Donald Trump conceded that the 145 per cent tariffs Americans currently pay for most imported goods from China will “come down substantially, but it won’t be zero”. The American President insisted that he would be “very nice” with…
U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait. “I don’t want them to go higher because at a certain point you make it where…
China has expressed its willingness to resume trade negotiations with the United States, provided that certain key preconditions are fulfilled. Among the primary demands is a call for greater diplomatic respect, a consistent US trade stance, attention to its concerns on sanctions and Taiwan, and the appointment of a lead negotiator with Trump’s full backing,…
Topline Hong Kong Post on Wednesday announced it was suspending shipment of all packages to the U.S. as a result of the Trump administration’s tariffs and the removal of an exemption that allowed lower value shipments to the U.S. duty free. Hong Kong’s postal service said April 16 it will stop shipping goods bound for…
US President Donald Trump on Sunday doubled down on his hardline trade stance, declaring that no country — especially China — would be spared from his sweeping tariff agenda. Trump, in a post on social media rejected claims that his administration had granted tariff exemptions to certain tech products, saying, “NOBODY is getting ‘off the…