The mouthpiece of China’s ruling Communist Party has urged the nation to break through technological “choke points” and avoid becoming “subordinate to other nations” in a series spotlighting the country’s achievements in hi-tech industries. The series of editorials comes as Beijing prepares to outline its next five-year plan and amid a renewed escalation in trade…
US President Donald Trump’s latest threat of an extra 100 per cent tariff on Chinese goods has left exporters in China on edge, with many scrambling to ship their products before the tariffs take effect. Some hope that the tariffs might be lifted at the last moment, as has happened with previous measures, but most…
President Trump ratcheted up tariff and trade tensions with China on Friday. In a post on Truth Social, the president said the US would impose an additional 100% tariff on Chinese goods starting on Nov. 1, 2025. The president said the move was prompted by China taking an “extraordinarily aggressive” position on trade by announcing…
CHINA’S INDUSTRIAL might is hard to capture in numbers. The country accounts for more than 30% of global manufacturing, or more than America, Germany, Japan and South Korea combined. That figure understates the growing terror that Chinese-made stuff inspires in foreign competitors and governments alike. PREMIUM Flags flutter near Tiananmen Square ahead of the 80th…
In keeping with a key objective of its Plan México economic initiative, the Mexican government intends to increase tariffs on Chinese imports, the Bloomberg news agency reported on Wednesday. Bloomberg said that the Mexican government “plans to increase tariffs on China as part of its 2026 budget proposal next month, protecting the nation’s businesses from…
US Secretary of State Marco Rubio said the odds for a summit between US President Donald Trump and Chinese President Xi Jinping this year were “high” after concluding “constructive” talks with his Chinese counterpart Wang Yi on the sidelines of a regional meeting. Rubio described the meeting on the sidelines of an Association of Southeast…
TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, technology and business news website The Information reported on Sunday, citing unnamed sources. The news comes as US President Donald Trump said on Friday he will start…
(Bloomberg) — President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce. Most Read from Bloomberg Chinese goods currently face tariffs of around 55%, a level expected to remain through August. But…
A recent analysis conducted on 1,400 products has shown that China-made goods sold in the United States are seeing a hike that’s faster than the country’s overall inflation. According to a report by Reuters, citing an exclusive analysis by DataWeave, the rise in the prices of Chinese products shows a sign that tariffs are starting…
As India and the United Kingdom successfully conclude their Free Trade Agreement (FTA), it has to be ensured that goods traded between the two nations have sufficient local content to prevent Chinese goods from entering markets through the backdoor, according to a report by Canara Bank.The report highlighted the need for strict measures to confirm…