US-China trade war: America 'bans' Hong Kong's biggest telecom company; cites national security concerns

US-China trade war: America ‘bans’ Hong Kong’s biggest telecom company; cites national security concerns

FILE — Brendan Carr, chairman of the Federal Communications Commission, at a hearing in Washington on Feb. 27, 2025.. (Tierney L. Cross/The New York Times) The US Federal Communications Commission (FCC) has taken steps to potentially revoke the access of HKT (International) Ltd., a major Hong Kong phone company controlled by PCCW Ltd., to domestic…

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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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'China is in middle of Recession, and they are ...', says US Treasury Secretary Scott Bessent; accuses China of controls on resources vital for technology

‘China is in middle of Recession, and they are …’, says US Treasury Secretary Scott Bessent; accuses China of controls on resources vital for technology

FILE – President Donald Trump, left, shakes hands with China’s President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka. AP/PTI(AP10_13_2025_000160B) US Treasury Secretary Scott Bessent has accused China of attempting to undermine the global economy by imposing export controls on critical rare earth minerals and resources essential for technology…

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US-China trade war: When Trump's tariff push met Beijing’s counterpunch; key points explained

US-China trade war: When Trump’s tariff push met Beijing’s counterpunch; key points explained

The trade tensions between the United States and China have flared up once again, after a brief phase of calm, exposing how deep the divide and mistrust between the two giant economies still run.What began as a simmering disagreement over rare earth exports has now escalated into a full-blown confrontation, with both Washington and Beijing…

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Donald Trump's China Tariff announcement wipes billions from Crypto market, sees biggest-ever single day fall

Donald Trump’s China Tariff announcement wipes billions from Crypto market, sees biggest-ever single day fall

Bitcoin suffered a steep 8.4% drop to $104,782 on Saturday, leading a $19 billion wipeout across the cryptocurrency market, triggered by US President Donald Trump’s escalation of the US-China trade war. Trump announced 100% tariffs on Chinese tech exports and stringent export controls on critical software, accusing Beijing of aggressive trade tactics through restrictions on…

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American technology company that faced China's 'anger' hours before Donald Trump said will impose extra 100% tariffs on Chinese imports

American technology company that faced China’s ‘anger’ hours before Donald Trump said will impose extra 100% tariffs on Chinese imports

Just hours before President Donald Trump said that the United States would impose a new tariff of 100% on imports from China “over and above any Tariff that they are currently paying,” starting on November 1, China had opened an investigation into Qualcomm, one of America’s most important semiconductor companies. China’s State Administration for Market…

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US hits China with 100% tariffs! Will it benefit India? Here’s what experts say

US hits China with 100% tariffs! Will it benefit India? Here’s what experts say

Indian exporters may benefit from the ongoing tensions between the US and China, using the opportunity to increase their shipments to the American market, according to exports.Federation of Indian Export Organisations (FIEO) President SC Ralhan said that the higher tariffs imposed by the US on Chinese goods could shift demand towards India, which exported goods…

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