In a significant move to stabilise trade relations with Beijing, US President Donald Trump announced that his administration will slash fentanyl-related tariffs on imports from China and maintain the freeze on some reciprocal levies on Chinese goods. The actions, made in a pair of executive orders issued on Tuesday, formalise the key elements of the…
China has accused the United States of “weaponising tariffs” after Washington slapped a 50% duty on Indian imports, escalating a trade clash that threatens to redraw supply chains across Asia. Speaking in New Delhi, Chinese Ambassador Xu Feihong called the move “unfair and unreasonable”, even as analysts suggest Beijing could quietly benefit from the deepening…
China called for deeper trade and investment ties with South Africa as it pledged to accelerate cooperation in industrialization, agriculture and market access. Business lobby groups from the two nations on Tuesday formalized a pact aimed at boosting economic relations. The accord signed by Business Unity South Africa and the South Africa-China Economy and Trade…
Trade between India and the US “is a totally one-sided disaster”, President Donald Trump said at the start of the week. By weekend, he was calling Prime Minister Narendra Modi a “great PM”, vowing that the two leaders would “always” remain friends. US President Donald Trump with Prime Minister Narendra Modi(PTI File) On Friday, Trump…
U.S. President Donald Trump stated that the United States and China will have a strong relationship. He acknowledged that both countries have leverage, saying the U.S. holds “incredible cards”, but he prefers not to use them because doing so would “destroy China”. Also Read: Trump defends National Guard Deployment amid backlash, fires back at critics:…