Hong Kong Chief Executive John Lee Ka-chiu delivers a speech during a conference organized by the Hong Kong Federation of Overseas Chinese Associations at Wan Chai in the city, April 10, 2025. (ADAM LAM /CHINA DAILY) HONG KONG – Chief Executive John Lee Ka-chiu on Thursday urged overseas Chinese living in Hong Kong to stand…
Prime Minister Keir Starmer said on Monday Britain would fight to secure a trade deal with the United States while working with key partners around the world to lower trade barriers. Starmer, who has avoided some of the more angry responses of world leaders to U.S. President Donald Trump’s tariff plan, said the levies were…
Mark Makela | Getty Images News | Getty Images The recent data on tariffs and consumer decision-making is clear: raise prices on a product due to higher import taxes, and consumers will turn to a cheaper alternative. That doesn’t bode well for certain U.S. products, and the states where they are produced, as the U.S….
The global economy is bracing for impact as US President Donald Trump’s deadline to impose sweeping tariffs on the three largest US trading partners — Canada, Mexico and China — draws near. Trump said shortly after taking office that he planned to introduce 25 percent tariffs on neighbors Canada and Mexico on February 1, unless…
President Donald Trump speaks to members of the press in the Oval Office of the White House on Jan. 30, 2025. Kent Nishimura for The Washington Post | Getty Images Donald Trump has confirmed he will impose 25% tariffs on imports from Mexico and Canada from February, following through on threats issued weeks earlier. The…
For Xi Jinping, the main objective during two global summits was to push for a peaceful world with fewer trade barriers so he can focus on reviving China’s economy. Donald Trump and Vladimir Putin disrupted those plans. In more than a dozen meetings with world leaders over a week in South America, Xi repeatedly sought…
China’s economy is showing signs of rebalancing as consumption growth nearly caught up to factory output, in an upswing that now depends on how much more stimulus Beijing may deploy in the event of a tariff shock when Donald Trump returns to the White House in 2025. Retail sales grew at the strongest pace in…