China has left America behind in electricity generation, says Paul Krugman; and adds how Donald Trump’s policies guarantee that the US will never catch up

China has left America behind in electricity generation, says Paul Krugman; and adds how Donald Trump’s policies guarantee that the US will never catch up

US President Donald Trump China now generates more than twice as much electricity as the United States, solidifying its position as the world’s leading economic powerhouse, according to economist Paul Krugman. Writing this week, Krugman noted that China’s economy has surpassed America’s in real terms when measured at purchasing power parity, highlighting the growing gap…

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200 Chinese planes were unable to fly because US did not give …: Donald Trump ‘reminder’ to China while warning of more tariff

200 Chinese planes were unable to fly because US did not give …: Donald Trump ‘reminder’ to China while warning of more tariff

President Donald Trump once again warned that the United States would impose steeper tariffs on China if it curbed exports of rare-earth magnets, a move that could jeopardize a fragile trade truce between the world’s two largest economies. Speaking to reporters after a meeting with South Korean President Lee Jae Myung, Trump stated, “They have…

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Trump extends China tariff suspension for another 90 days

Trump extends China tariff suspension for another 90 days, but ‘other elements of the Agreement remain same’

United States President Donald Trump on Monday, August 11, extended the trade truce with China for another 90 days, delaying showdown between world’s two biggest economies. In a post on Truth Social, Donald Trump announced that he signed an executive order that would extend the tariff suspension on China by another three months. He also…

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'Tariff war produces no winner': China rejects US claim on Russian oil, vows to defend sovereignty - The Economic Times Video

‘Tariff war produces no winner’: China rejects US claim on Russian oil, vows to defend sovereignty – The Economic Times Video

When asked about US Treasury Secretary Scott Bessent’s reported statement that he warned Chinese officials on Tuesday that continued purchases of Russian oil would result in higher tariffs, Chinese Foreign Ministry spokesperson Guo Jiakun responded on Wednesday. He stated that China will take appropriate measures to protect its energy security based on its national interests….

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Hong Kong’s CK Hutchison stresses need for war chest in face of geopolitical tensions

Hong Kong’s CK Hutchison stresses need for war chest in face of geopolitical tensions

CK Hutchison Holdings needs a war chest to maintain its fiscal health in the face of escalating geopolitical tensions, its chairman Victor Li Tzar-kuoi has said, with senior managers assuring the US$23 billion deal involving two Panama ports will comply with regulations. At the conglomerate’s annual general meeting on Thursday, Li said that many uncertainties…

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