Washington: The Washington seems ready to blink first in the trade standoff with Beijing, as US President Donald Trump conceded that the 145 per cent tariffs Americans currently pay for most imported goods from China will “come down substantially, but it won’t be zero”. The American President insisted that he would be “very nice” with…
Beijing: Amid spiralling trade war between the world’s two biggest economies, US Vice President JD Vance’s “Chinese peasants” remark has once again come back to bite him, with a top Chinese official using the same word to describe Americans. China’s foreign ministry had condemned Vance’s comments made during a Fox News interview, when he said,…
Beijing: China has warned other countries against making a broader trade deal with the United States at Beijing’s expense, ratcheting up its rhetoric in a spiralling tariff war between the world’s two biggest economies. China’s warning came amid reports about the Trump administration’s plan to pressure nations seeking tariff negotiations from the US to curb…
Washington: As the trade war between the US and China escalates, Beijing has suspended the export of several critical rare earth elements, metals and magnets, threatening to choke off supplies to the West of components central to weapons, electronics, automakers, aerospace manufacturers, semiconductor companies and a wide range of consumer goods. The Chinese government is…
Beijing: Amid the escalating trade war between the United States and China, Beijing seems to have altered its strategy of dealing with Washington by aiming its message directly at the American public instead of the Trump administration. China’s latest communication offensive to US citizens challenges the popular narrative among Americans that tariffs imposed by US…
Beijing: China and the United States moved towards an all-out trade war on Tuesday after US President Donald Trump imposed an astounding 104 per cent in tariffs across all Chinese imports. Locked in a high-stakes game of brinkmanship, both nations refused to back down, with Beijing vowing to fight against America’s aggression “to the end.”…
Beijing: “It’s blackmail.” This is how China decried US President Donald Trump’s latest threat to add a further tariff of 50 per cent on its goods as it vowed to fight levies “to the end”. The American leader has given Beijing 24 hours to take back the tit-for-tat 34 per cent tariff it announced on…
New Delhi: Asian stock markets took a huge plunge Monday (April 7) as market sell-off tied to US President Donald Trump’s “reciprocal” tariffs continued. Exchange operators in Japan and Taiwan had to briefly call a halt to trading to pause panic selling as investors wagered the mounting risk of recession could see US interest rates…
US President Donald Trump’s “huge” reciprocal tariffs against more than 180 countries and territories, including India and China, has left the world and global markets in “surprise”. From the US to China to Canada to Australia to the UK, media outlets worldwide covered the “steep”, “sweeping” Trump tariffs in different ways. Also Read | Trump…