Donald Trump told his team that China should be the first one making a move in tariff agreement. President Donald Trump told his team that the US will not reach out to China first and that China must be the first to make the move, two senior White House officials told CNN as China slapped…
US President Donald Trump’s sharp increase in tariffs on Chinese products brings Washington’s extra rate on most products to 145 percent, the White House confirmed on Thursday. While Trump has paused fresh tariffs on dozens of countries for 90 days on Wednesday, he has intensified pressure on Beijing by raising new tariffs on Chinese imports…
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…
Tech mogul Elon Musk personally urged US President Donald Trump to reverse sweeping new tariffs on Chinese imports, The Washington Post reported. As Trump threatened to slap a 50 per cent tariff on goods from China, Musk took to social media to voice his opposition. Behind the scenes, the DOGE chief also made direct appeals…
China’s Foreign Minister Wang Yi has vowed to retaliate against the United States’ tariffs. Wang Yi said China will continue to retaliate for the United States’ “arbitrary tariffs” and accused Washington of “meeting good with evil” in a press conference Friday on the sidelines of the country’s annual parliamentary session. China’s Foreign Minister also said…
China threatened to hit back at Donald Trump’s trade threats after the US president unveiled additional tariffs on Chinese imports, raising the risk of tensions spiraling between the world’s largest economies.“If the US insists on having its own way, China will counter with all necessary measures to defend its legitimate rights and interests,” a spokesperson…
The Trump administration is preparing to strengthen semiconductor restrictions on China, expanding measures initially introduced by the Biden administration to curb Beijing’s technological advancements, according to a report by Bloomberg News on Monday. U.S. officials have reportedly engaged in discussions with their Japanese and Dutch counterparts regarding potential restrictions on engineers from Tokyo Electron and…
The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the US and its top economic rival.In recent days, President Donald Trump has rolled out a memorandum telling a key government committee to curb Chinese spending on tech,…
Nov 15, 2024 09:25 PM IST President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy. President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy. The main country on Trump’s hit list to face harshest penalties is China….