United States President Donald Trump has unleashed a trade war by imposing “reciprocal tariffs” on about 90 countries across the globe. After temporarily dropping the new tariffs to 10 per cent for 90 days on April 9 to allow trade negotiations with those countries, he hit China harder and raised the levy on Chinese imports…
United States President Donald Trump has unleashed a trade war by imposing “reciprocal tariffs” on about 90 countries across the globe. After temporarily dropping the new tariffs to 10 per cent for 90 days on April 9 to allow trade negotiations with those countries, he hit China harder and raised the levy on Chinese imports…
Hong Kong and mainland Chinese manufacturers will be hit by Donald Trump’s planned reciprocal tariffs on all imports given the difficulty of replacing the United States market with alternatives, but the blanket penalty approach may eliminate the competitive edge of producers in other Asian countries as well, experts have said. Trump on Thursday announced plans…
Hong Kong and mainland Chinese manufacturers will be hit by Donald Trump’s planned reciprocal tariffs on all imports given the difficulty of replacing the United States market with alternatives, but the blanket penalty approach may eliminate the competitive edge of producers in other Asian countries as well, experts have said. Trump on Thursday announced plans…
Observers said China’s retaliatory moves in response to US tariffs showed Beijing’s readiness to face escalating trade tensions along with its desire to achieve more at the negotiation table. Analysts said that compared with the immediate relief the US granted to its neighbours by delaying tariffs on Mexican and Canadian goods, Washington might take a…
China is stepping up export controls on items that can be used for both military and civilian purposes, in what observers called “a timely move” that safeguards the country’s national security against a set of external hostilities. No details were released of the regulation that was approved last week by the State Council to control…