Hong Kong is in the “unfortunate” position of being caught in the crossfire of US President Donald Trump’s tariff policies, the American Chamber of Commerce in the city has said. The influential business group said on Monday that it supported the Hong Kong government’s stance that the city was a separate customs entity distinct from…
Hong Kong is in the “unfortunate” position of being caught in the crossfire of US President Donald Trump’s tariff policies, the American Chamber of Commerce in the city has said. The influential business group said on Monday that it supported the Hong Kong government’s stance that the city was a separate customs entity distinct from…
Cranes line a dock at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. | Noah Berger On April 2, the Trump administration announced a system of tariffs on imports into the United States. The executive order imposed 10% tariffs for imports from all countries (excluding Canada and Mexico, which remain subject…
WASHINGTON, DC – FEBRUARY 13: U.S. President Donald Trump, joined by Secretary of Commerce Howard … [+] Lutnick, delivers remarks after signing an executive order on reciprocal tariffs in the Oval Office at the White House on February 13, 2025 in Washington, DC. Trump announced his plan to increase U.S. tariffs to match the rates…
China’s foreign ministry has accused the United States of launching a smear campaign, following the release of updates to the US-China relations fact sheet on the US State Department’s website. Ministry spokesman Guo Jiakun said the changes – which focused on the US trade deficit and competitive relations between the two countries – were “distorting…
By Makiko Yamazaki TOKYO (Reuters) – Japan’s current account surplus jumped to a record last year, data from the finance ministry showed on Monday, as a weaker yen boosted returns on foreign investments that helped to comfortably offset a trade deficit. The surplus in the current account stood at 29.3 trillion yen ($192.67 billion) in…
US president-elect Donald Trump’s second term could have severe repercussions for American and Chinese societies if fears of an expanded national security posture and rising economic barriers are realised, according to a US-China relations expert. Stephen Orlins, president of the National Committee on US-China Relations, a New York-based non-profit advisory group, said a worst-case scenario…