Washington: As the trade war between the US and China escalates, Beijing has suspended the export of several critical rare earth elements, metals and magnets, threatening to choke off supplies to the West of components central to weapons, electronics, automakers, aerospace manufacturers, semiconductor companies and a wide range of consumer goods. The Chinese government is…
Beijing: Amid the escalating trade war between the United States and China, Beijing seems to have altered its strategy of dealing with Washington by aiming its message directly at the American public instead of the Trump administration. China’s latest communication offensive to US citizens challenges the popular narrative among Americans that tariffs imposed by US…
Smartphones, computers and other electronics imported largely from China, were exempted by the US government from President Donald Trump‘s steep 125 per cent reciprocal tariffs. The U.S. Customs and Border Protection agency (CBP) listed 20 product categories, including the very broad 8471 code for all computers, laptops, disc drives and automatic data processing. It also…
Beijing: China is refusing to back down against the United States’ aggression even as US President Donald Trump increases levies on Chinese imports to a punishing 125 per cent. Beijing on Thursday warned that American tariffs go “against the whole world” and asked Washington to meet it “halfway” in a mounting trade war between the…
Washington: In a stunning turn of events, US President Donald Trump on Wednesday reversed his sweeping tariffs on most nations for at least 90 days. However, he ramped up pressure on China, on which the pause does not apply, further escalating a high-stakes confrontation between the world’s two largest economies. Instead, Trump slapped a punishing…
Beijing: China and the United States moved towards an all-out trade war on Tuesday after US President Donald Trump imposed an astounding 104 per cent in tariffs across all Chinese imports. Locked in a high-stakes game of brinkmanship, both nations refused to back down, with Beijing vowing to fight against America’s aggression “to the end.”…
Washington: US President Donald Trump and his billionaire advisor Elon Musk don’t seem to be on the same page about America’s sweeping tariffs that sent shockwaves across the globe, sparking fears of recession and a global trade war. Musk reportedly made a “personal appeal” to the President to reverse the new levies he announced on…
US President Donald Trump on Sunday reacted to the fall in American and global markets, saying that sometimes you have to take medicine to fix something. He also showed no sign of backing away from his tariff plans. US President Donald Trump waves as he walks on the South Lawn upon arrival at the White…
New York, US: Share markets across the globe witnessed sharp losses after a selloff in America, triggered by US President Donald Trump on Monday refusing to rule out the suggestion that his tariffs could trigger a recession in the world’s biggest economy. US bond yields also dropped as investor worries about the potential economic slowdown…
The US Secret Service shot a man allegedly “suicidal” near White House on Sunday while Donald Trump was in Florida at the time, according to the authorities. The According to statement released by the Secret Service, the shooting occurred around midnight, just a block from the White House, with no other injuries reported.“On Sunday March…