China achieved a historic trade surplus of approximately $586 billion in the first six months of the year. (AI image) China seems to have diversified its export markets away from the US, reporting a record trade surplus despite the global turmoil and uncertainty created by American President Donald Trump’s tariff war.China achieved a historic trade…
US President Donald Trump has sent letters to 23 trading partners this week, including Canada, Japan, Brazil, and others — threatening blanket import tariffs ranging from 20% to 50%. The move, part of a renewed aggressive trade stance, also includes a 50% duty on copper imports.The letters outline that the proposed 30% general tariff would…
Washington: The Washington seems ready to blink first in the trade standoff with Beijing, as US President Donald Trump conceded that the 145 per cent tariffs Americans currently pay for most imported goods from China will “come down substantially, but it won’t be zero”. The American President insisted that he would be “very nice” with…
Apr 17, 2025 10:57 PM IST Trump said that he had a call with the Mexican President Claudia Sheinbaum. He also informed that he met a Japanese trade delegation as tariff talks continue. US President Donald Trump on Thursday claimed that every nation, including China, wants to meet with him to discuss a trade deal…
New Delhi: China on Friday said it would raise tariffs on US goods to 125 per cent from 84 per cent, hours after President Xi Jinping urged the European Union to join hands with Beijing in resisting “unilateral bullying”, referring to the massive tariffs imposed by President Donald Trump. The new levy, which will come…
A viral social media post has drawn a ‘zodiac’ link in the Donald Trump-Xi Jinping tariff war. This comes as the US president on Wednesday announced 125% tariffs on China as Beijing’s 84% charge on American goods takes effect. An X user noted that the two leaders are both Gemini and will engage in a…
Washington, United States: US President Donald Trump on Wednesday announced a 90-day pause on his sweeping tariffs on all countries, barring China – a move that seemed nearly impossible just 24 hours ago. According to Trump, who had introduced the slew of tariffs to address the alleged trade imbalance with the US, over 75 countries…
New Delhi: Donald Trump‘s tariffs are doing, it appears, what decades of political and diplomatic wrangling could not, at least with any great degree of success – to get India and China to work together, to “make the dragon and elephant dance“, as Chinese Foreign Minister Wang Yi said last month. The US President’s tariffs…
Chinese Premier Li Qiang said his country has ample policy tools to “fully offset” any negative external shocks as President Donald Trump imposed an astounding 104% in tariffs across all Chinese imports on Wednesday, reported Bloomberg. China’s Premier Li Qiang delivers speech during an event in Beijing.(AP file) Li Qiang reiterated his optimism about the…
Billionaires and business leaders Jamie Dimon and Bill Ackman cautioned against Donald Trump’s tariffs and its impact on the global economy as the trade war escalated affecting the stock markets across globe. Global markets reeled from the impact of tariff, and the turbulence extended to Wall Street as US markets opened to a sharp downturn…