Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways TAIPEI, Taiwan (AP) — China imposed export controls Wednesday on eight companies tied to Taiwan’s military as the self-ruled island started annual military exercises….
BEIJING (Reuters) -China’s commerce ministry on Wednesday said it has added eight Taiwanese firms to an export controls list, citing concerns over shipments of dual-use technologies from the democratically governed island that Beijing views as its own territory. The eight companies are from Taiwan’s aerospace, shipbuilding and technology sectors. (Reporting by Joe Cash; Editing by…
HONG KONG (Reuters) -China’s finance ministry said on Sunday it was restricting government purchases of medical devices from the European Union that exceed 45 million yuan ($6.3 million) in value, in retaliation to Brussels’ own curbs last month. Tensions between Beijing and Brussels have been rising, with the European Union imposing tariffs on China-built electric…
WASHINGTON (AP) — The U.S. and China have reached an agreement — again — to deescalate trade tensions. But details are scarce, and the latest pact leaves major issues between the world’s two biggest economies unresolved. President Donald Trump said late Thursday that a deal with China had been signed “the other day.” China’s Commerce…
The U.S. and China have agreed on a trade deal that would reduce tariffs and expedite shipments of rare-earth metals. United States Treasury Secretary Scott Bessent said on Friday that U.S. tariffs on Chinese imports will now start at 30%, while China’s duty rate on goods from the U.S. will be at 10%. The 20%…
(Bloomberg) — Almost 10 days since President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they’ll receive crucial magnets from China — and whether Washington, in turn, will allow a host of other exports to resume. Most Read from Bloomberg While there has been a…
Exporters from labour-intensive sectors, including textiles & garments, leather, footwear, farm & processed food and gems and jewellery, will likely reap benefits of the duty breather under the India-UK free trade agreement (FTA), and better diversify their markets amid tariff uncertainties in the US, experts said on Tuesday.According to the commerce ministry, India will gain…
By Yukun Zhang, Jing Xu and Lewis Jackson BEIJING (Reuters) – China called for all “unilateral” U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump administration may de-escalate its trade war with Beijing. China also clarified it has not held trade talks with Washington despite repeated comments from the U.S. government…
(Reuters) – China’s top leaders plan to meet as soon as Wednesday to hammer out measures to boost the economy and stabilise capital markets, people with knowledge of the matter said, as trade war with the United States escalates. Economists have warned that the fusillades on trade could shave one to two percentage points off…
SHANGHAI (Reuters) – Chinese officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices to offset U.S. tariffs on goods from China, according to CCTV-affiliated social media posts. The posts, published on Wednesday on the Weibo account of Yuyuantantian, which is affiliated with state-run…