Amidst the escalating tension between China and the US, Beijing’s top official has blasted President Donald Trump’s “extremely shameless” tariff war, stating that it will soon backfire. Senior Chinese official Xia Baolong, who is in charge of Hong Kong and Macao, further warned that Trump tariffs will leave the US peasants crying. China denounced Trump’s…
The recent tariff war between the US and China has sent markets on a roller-coaster ride, with the tariffs on goods from each country entering the other reaching three-digit percentages earlier this month. Where the cards will eventually fall – and who will come up on top – is still to be determined, but many…
As Washington singles out China for its biggest tariff squeeze, Beijing’s efforts to stabilise its periphery and bolster ties with the neighbours have an added urgency, according to observers. In his address to the conference, Xi called for the “breaking [of] new ground” in China’s relations with neighbouring countries, which he said were at a…
Chinese President Xi Jinping issued his first public response to sweeping U.S. tariffs, warning that Washington’s “unilateral bullying” could lead to its own global isolation. Speaking alongside Spanish Prime Minister Pedro Sanchez in Beijing, Xi called on the EU to join forces with China, urging unity against U.S. economic pressure. The U.S. under President Donald…
Washington: High drama on stock markets and tensions with China mixed with lighter fare for Donald Trump this week as he again dominated the news agenda for seven days. – Real pressure – Trump signed an executive order lifting water-pressure restrictions on showerheads, a move the White House said would “make America’s showers great again.”…
President Xi Jinping will set off on a tour of three Southeast Asian countries next week as Beijing urgently seeks to strengthen ties with its neighbours amid an intensifying tariff war with Washington. Confirming an earlier report by the Post, the Chinese foreign ministry said on Friday that Xi would visit Vietnam on Monday, followed…
US President Donald Trump on Thursday upped his tariffs on Chinese goods to 145 per cent after China placed retaliatory duties of 84 per cent on imports from the United States, reported Bloomberg. US President Donald Trump, alongside Secretary of State Marco Rubio (L) and Secretary of Defense Pete Hegseth (R), speaks during a cabinet…
US President Donald Trump‘s 90-day pause on reciprocal tariffs for all countries but China is proving to be a sharp move. Trump’s tariffs had pitted the US against the rest of the world but now it appears to be primarily a US versus China battle. China might have sensed the new reality. Its commerce ministry…
The Shark Tank investor Kevin O’Leary has urged the US President Donald Trump to take the US-China trade war to the next level by slapping tariffs up to 400% on China, as per a report. US-China Trade War O’Leary, who himself has done business in China for several years, told CNN that America has gone…
Amid the ongoing trade war between the United States and China, Beijing on Wednesday hit back at Donald Trump’s 104 per cent tariffs with its own additional tariffs of 84 per cent, up from the previous 34 per cent, on all American goods. Donald Trump had on Tuesday hit China with 104 per cent tariffs…