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…
Putin’s Men Burn Ukraine’s Top Munition Plant; Zelensky ‘Panics, Begs’ For NATO Weapons | Watch Russia has launched devastating strikes on Ukraine’s most critical artillery munitions production facilities—Zvezda and Impulse—in Shostka, Sumy region. The strikes come amid a dramatic slowdown in Russia’s territorial advances, with analysts predicting a possible stall by early summer—coinciding with Trump’s…
US President Donald Trump has tripled tariffs on small parcels exported from mainland China and Hong Kong which were exempt from duties, amid an escalating crossfire between the world’s two biggest economies. According to an amendment on so-called reciprocal tariffs published by the White House on Wednesday Hong Kong time, the new rate on packages…
President Trump stated that the administration is fielding calls with some countries — starting with South Korea. “I just had a great call with the Acting President of South Korea,” Trump posted on social media. “We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of U.S. LNG, their joint venture in…
President Trump stated that the administration is fielding calls with some countries — starting with South Korea. “I just had a great call with the Acting President of South Korea,” Trump posted on social media. “We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of U.S. LNG, their joint venture in…
The S&P 500 fell over 10% last Thursday and Friday, one of the worst two-day sell-offs we’ve seen in market history. In response, US investors did what they’ve come to do best — buy the dip. Data from Bank of America published Tuesday showed the firm’s clients were net buyers of $8 billion worth of…