Russian President Vladimir Putin has agreed to help mediate talks between the Trump Administration and Iran on issues including the Islamic Republic’s nuclear program and its support for proxies in the Middle East, anonymous sources in Moscow with knowledge of the development told Bloomberg on Tuesday. U.S. President Donald Trump raised the American request for…
US President Donald Trump has confirmed that reciprocal tariffs will take effect on April 2. The new tariffs are set to target imports from countries that have levied high duties on US goods, aiming to level the playing field and protect American industries. In mid-February, Trump unveiled the new reciprocal trade policy aimed at restoring…
WASHINGTON (TNND) — President Donald Trump is gearing up to apply a round of tariffs on Chinese, Canadian, and Mexican imports in early March, with a 25% measure going toward Mexico and Canada, while a 10% tariff will go into effect on China. A recent report suggests the move could be much more painful than…
Feb 12, 2025 Chinese chipmakers are rapidly aligning with DeepSeek’s popular AI models, which is significantly boosting China’s strategic efforts to reduce its dependence on U.S. technology. For further insights, visit this source. Following the introduction of DeepSeek’s V3 and R1 models, major domestic chip developers are working tirelessly to distance themselves from Nvidia‘s technological…
Pirelli Tyre Co. must pay an antidumping duty after the Chinese company failed to convince a federal appeals court that it’s sufficiently independent of the Chinese government’s control. The Department of Commerce’s initial analysis of whether Pirelli China was entitled to a separate rate was based on “substantial evidence” that the People’s Republic of China…
US President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s largest trade partners. So far he’s implemented 10% levies on China; delayed plans to hit Mexico and Canada with a 25% duty tax; and indicated that he’s coming for the European Union next. Yet beyond all…
Chinese measures won’t take effect until Feb. 10, leaving Donald Trump and Xi Jinping time to defuse their growing trade war. Listen AI generated Text-to-speech Share Source link
Mexico’s finance chief Rogelio Ramirez de la O will host a conference call with investors on Monday after US President Donald Trump ordered 25% tariffs on exports from the country, sending the peso plunging in the Asian market. Ramirez De la O is scheduled to speak to investors at 9 a.m. Eastern Time on Monday,…
In the first week since Donald Trump returned to the White House, emerging-market currency traders are celebrating the small wins. The absence of tariffs on Chinese imports, for now, was enough to fuel gains in developing-world currencies, leaving a benchmark index on track to climb 1.1% this week, its best performance since November 2023. Trump’s…
President Donald Trump stepped up pressure on Russia to negotiate an end to the war in Ukraine, and threatened financial penalties on the country if it refuses to conclude fighting swiftly. In a Truth Social post on Wednesday, Trump said Russian President Vladimir Putin should make a deal “soon,” or else he would “have no…