Beijing has made its response, a rather ambiguous one, after a new tariff rate figure on China, as high as 245%, emerged from a White House fact sheet on Wednesday. Chinese Foreign Ministry spokesperson Lin Jian, as quoted by Global Times, said they should ask the US side for the “specific tax rate figures.” Speaking…
US President Donald Trump on Monday announced steep tariffs on imports from countries buying Venezuelan oil and gas, a move that could affect major economies like China and India and add to global trade uncertainty, reported AFP. President Donald Trump speaks at a reception celebrating Greek Independence Day in the East Room of the White…
U.S. stock market saw muted movements on Friday, January 24, 2025 with the Dow Jones Industrial Average slipping by 0.1%, while the S&P 500 and Nasdaq Composite remained flat. Investors were closely analyzing quarterly earnings reports and keeping an eye on potential trade policy changes. The market’s cautious tone comes as corporate giants like American…