China and the United States have agreed to hold a new round of trade negotiations in the coming week, aiming to de-escalate tensions between the world’s two largest economies. The decision comes as both sides seek to prevent another round of retaliatory tariffs that could further strain global markets, News.Az reports, citing foreign media. Beijing…
Seeing India as a possible ally against China on the issue of rare earths, US treasury secretary Scott Bessent has slammed Beijing, accusing Xi Jinping’s regime of trying to harm with new export controls on minerals used to make magnets crucial to auto, electronic and defence industries. Scott Bessent, US treasury secretary, has been aggressive…
BEIJING — China signaled Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump, urging the U.S. to resolve differences through negotiations instead of threats. “China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a tariff war but…
China’s diplomatic missions in the United States have launched a new online visa application system as part of its efforts to boost tourist revenues and people-to-people exchanges. The process previously required at least two in-person visits: first to submit application materials and later to provide biometric information and submit their passports after initial approval. But…
Another day, another attack on India by White House trade advisor Peter Navarro, this time with a reference to “vampires”. After days of lashing out at India’s oil trade with Russia, Navarro has now targeted the countries in the BRICS bloc, that India is also a part of. Peter Navarro, White House senior counselor for…
Top US-China relations expert Gordon Chang says President Donald Trump has “walked back” his recent tough rhetoric on India, signalling a thaw in ties after months of tension over trade and oil imports. The US President has softened the tone recently. “I get along very well with Modi, as you know,” he said in an…
Days after the bonhomie between Prime Minister Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, President Donald Trump said on Friday it looks like the US has lost India and Russia to “darkest” China. “Looks like we have lost India and Russia to…
Hong Kong developer Hang Lung Properties expects the city’s retail sector to remain sluggish this year amid a prolonged industry slump, while an unresolved tariff war with the US keeps businesses and consumers in mainland China is limbo. “The recent trade disputes and escalating restrictions between the US and China have created uncertainties in the…
By Joe Cash BEIJING (Reuters) -China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.S. to act in a manner befitting of a superpower. Commerce Minister Wang…
ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist World markets were, on the whole, pretty buoyant on Monday as investors shrugged off U.S. President Donald Trump’s latest tariff threats over the weekend and braced for a deluge of top-tier economic data from the U.S. and…