China on Thursday said that if the United States continues to play the “tariff numbers game”, it will pay no attention to it, reported Reuters. Chinese President Xi Jinping at an event at the Great Hall of the People in Beijing on March 28, 2025.(AP) China’s foreign ministry made the comment in response to the…
WASHINGTON — American technology companies hoping for relief from President Trump’s trade war with China grappled with further uncertainty Monday, left to decipher whether a government policy exempting businesses that are core to the U.S. economy from crippling tariffs could be relied upon. An industry that plans product launches and manufacturing years in advance faced four days…
Apr 10, 2025 01:46 PM IST Beijing warned that American tariffs go ‘against the whole world’ and would ‘seriously damage the rules-based multilateral trading system’. China on Thursday warned that it would not “sit back” after US President Donald Trump raised levies on China to 125%. Beijing said American tariffs go “against the whole world”…
The tit for tat between the United States of America (USA) and China continues. In continuation with the same, China has announced an export ban on 12 American companies. In a statement, China’s Ministry of Commerce, said, “In accordance with the relevant provisions of the Export Control Law of the People’s Republic of China and…
Donald Trump has sparked a global tariff war Brussels: The EU on Wednesday adopted its first measures hitting back at President Donald Trump’s tariff onslaught, targeting more than 20 billion euros of US products including soybeans, motorcycles and beauty products, the European Commission said. “These countermeasures can be suspended at any time, should the US…
The paper was cited by the U.S. Trade Representative (USTR) in a statement released last week explaining the calculations behind the major import tariffs announced by President Trump that threaten to pull the global economy into a recession. File | Photo Credit: Reuters An economist whose work was cited by U.S. President Donald Trump’s administration…
Apr 07, 2025 06:16 AM IST Donald Trump advisers called tariffs a smart move in global trade, downplaying concerns ahead of a possibly shaky start to Asian markets on Monday. Top US officials on Sunday defended sweeping new tariffs rolled out by President Donald Trump, saying more than 50 nations have reached out to the…
China’s state-run media has taken to the internet with AI-generated videos, featuring dancing robots and fraught consumers, to chide US.President Donald Trump and tariffs they say threaten high inflation and economic distress for Americans. “‘Liberation Day’, you promised us the stars. But tariffs killed our cheap Chinese cars,” an automated female voice sings in a…
WASHINGTON — Across-the-board 10% tariffs on nearly all imports — one-half of President Donald Trump’s “Liberation Day” tariffs — went into effect early Saturday, amid continued economic fallout from Trump’s plan. More severe tariffs on imports from several dozen countries — including a 34% tax on Chinese goods and a 20% tax on European Union…
Donald Trump’s aide and DOGE leader Elon Musk was in the third position in a list of billionaires who lost wealth after the president’s tariff announcements, while Meta CEO Mark Zuckerberg led the parade. The Trump tariffs, which swept countries and sent shockwaves to global markets after being announced on April 2, has come at…