NEW YORK (AP) — For months, bubbling trade tensions between China and the U.S. seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust…
WASHINGTON (AP) — President Donald Trump on Friday threatened to place an additional 100% tax on Chinese imports starting on Nov. 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession. The president expressed frustration with new export controls placed on rare earth elements by China…
The US president’s announcement comes after China pledged to impose restrictions on the export of rare earth minerals. United States President Donald Trump has suggested he may scrap a planned meeting with his Chinese counterpart Xi Jinping this month over questions of technology and trade. Trump and Xi had been expected to meet on the…
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products…
China tightened export controls for critical rare-earth metals on Thursday. The new restrictions were announced by the Chinese Ministry of Commerce, and come ahead of an expected meeting between Chinese President Xi Jinping and United States President Donald Trump’s later this month. The world’s two largest economies have been locked in trade negotiations aimed at…
Brazil’s beef shipments to the US tumble by 41 percent as exports to China grow by 38 percent. Published On 8 Oct 20258 Oct 2025 Click here to share on social media share2 Share Brazil’s beef exports to China are on the rise as part of the Asian nation’s larger strategy to avoid agricultural goods…
The price of gold has soared to a historic high, crossing $4,000 per troy ounce (31.1g) as global investors have flocked to the asset over the past year. Gold futures, which are contracts to buy or sell gold at a certain price, passed the threshold on Tuesday, followed by the spot price of gold on…
Brazilian President Luiz Inacio Lula da Silva asked United States President Donald Trump to lift the 40 percent additional trade tariff imposed by the US government on Brazilian imports, in a phone call on Monday. The leaders spoke for 30 minutes. During the call, they exchanged phone numbers in order to maintain a direct line…
WASHINGTON (AP) — President Donald Trump is planning a significant aid package to U.S. soybean farmers to help them survive China’s boycott of American beans in response to his trade war even as the president says he is still seeking a soybean deal with Beijing. But farmers are worried that time is quickly running out…
Latest move underscores efforts to normalise ties and draw closer in wake of Trump’s policies, stiff tariffs. Published On 3 Oct 20253 Oct 2025 Click here to share on social media share2 Share India and China plan to resume direct flights this month between some of their cities after a five-year suspension as relations between…