Donald Trump’s trade war may be a threat to China’s economy, but it may also offer a chance to improve relations with Europe and its neighbours in Asia, as well as “rehabilitating” its image internationally, according to analysts. Beijing has already started working to improve relations with these countries and forge alternative trade agreements and…
WASHINGTON (AP) — Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him. The developments are occurring against a backdrop of wider turmoil in the economy and financial markets,…
Nvidia ‘s China problem reared its head once again, underscoring why Jim Cramer said this week that the AI chipmaker’s stock has been difficult to own during the second Trump administration. In a securities filing Tuesday night, Nvidia said the U.S. government will require the company to obtain an export license to ship its H20…
When the first two rounds of 10% tariffs hit, Zou Guoqing, a Chinese exporter, groaned but didn’t find the barriers insurmountable. He gave up some of his profits and offered his client, a snow-bike factory in Nebraska, price cuts ranging from 5% to 10%. It seemed to work: The factory agreed to a new order…
Thirty-five is the minimum age requirement for the U.S. presidency, but there’s no upward limit. The two last presidential elections, which brought Joe Biden, now 82, and Donald Trump, at 78, to the White House, are proof of this political reality. The Founding Fathers excluded a maximum age limit from the Constitution, giving those in their…
Naura Technology Group, China’s top chip equipment maker, said it expects a sharp rise in revenue and profit for the first quarter of 2025, after reporting strong performance in 2024, highlighting the country’s progress towards semiconductor self-sufficiency. The Beijing-based company, a key equipment supplier for the domestic chip industry, said in a corporate filing on…
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Apple will keep ByteDance-owned TikTok on its App Store for at least 75 more days after receiving assurances from Attorney General Pam Bondi, according to a…
Democratic officials in 19 states, including Michigan, filed a lawsuit against President Trump’s attempt to reshape elections across the U.S., calling it an unconstitutional invasion of states’ clear authority to run their own elections. Thursday’s lawsuit is the fourth against the executive order issued just a week ago. It seeks to block key aspects of…
TAIPEI, Taiwan (AP) — China is retaliating in a determined and at times highly detailed manner to U.S. President Donald Trump’s new tariffs, led by a retaliatory 34% tax on all U.S. imports next week. The strong response shows a degree of preparation that leaves Chinese exports in a tough spot but exacts pain from…
NEW YORK (AP) — The trade wars launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China on Friday levied a retaliatory 34% tariff on all U.S. products starting April 10. Stock markets worldwide plummeted, with the S&P…