Asian markets rise ahead of China’s parliamentary meeting and US tariffs (Mark Schiefelbein) Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump’s looming tariffs against Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting…
(Reuters) – Goldman Sachs on Tuesday said it expects Beijing’s retaliatory tariffs in response to new U.S. restrictions against Chinese goods to have only limited impact on energy prices. Minutes after U.S. President Donald Trump’s 10% tariff on Chinese goods kicked in at 12:01 a.m. ET (0501 GMT), China’s finance ministry said it would impose…
Homebuyers flocked to a new residential project by Early Light International Holdings in Hong Kong’s New Territories on Saturday, drawn by its value for money and investment potential ahead of the inauguration of US president-elect Donald Trump. As of 3.30pm, 179 of the 280 units offered at The Reserve at Gold Coast Bay in Tuen…
BEIJING (Reuters) – The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on expected hikes in levies on Chinese-made items, including electric vehicles. The U.S. is expected to make its final determination in the coming days after delaying…