Just hours before President Donald Trump said that the United States would impose a new tariff of 100% on imports from China “over and above any Tariff that they are currently paying,” starting on November 1, China had opened an investigation into Qualcomm, one of America’s most important semiconductor companies. China’s State Administration for Market…
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…
China stocks turned flat on Wednesday after opening marginally higher, while Hong Kong stocks dropped, as investors watched the progress of the U.S. election for clues on the outcome and any potential implication for the Chinese economy. ** Markets were leaning towards the return of Donald Trump as president, who has promised voters he will…