The Chinese Embassy in the US reacted to President Donald Trump’s tariffs over the fentanyl issue, saying Washington needs to treat China as an equal. FILE PHOTO: U.S. President Donald Trump takes part in a welcoming ceremony with China’s President Xi Jinping in Beijing, China, November 9, 2017.(Reuters) “If the US truly wants to solve…
After the United States’ second 10% tariffs on Chinese goods took effect Tuesday, China retaliated by imposing 10% to 15% tariffs on certain U.S. agricultural imports, as well as export bans on 15 U.S. firms. China also filed a dispute complaint against the U.S. at the World Trade Organization. China’s tough gesture has won support…
Mar 04, 2025 07:42 AM IST The Trump administration has argued that China supplies chemicals used in fentanyl production. China has denied wrongdoing. China vowed countermeasures against the US decision to impose tariffs on the country’s products on Tuesday. The US decision is related to fentanyl and other issues. FILE PHOTO: U.S. President Donald Trump…
With China retaliating swiftly, slapping 15% tariffs on select US goods, the battle lines are once again drawn in a high-stakes economic standoff. But amid the turmoil, a new opportunity emerges for India—one that could shift global supply chains and strengthen its foothold in key US markets. India, which directly competes with China in sectors…
Jamieson Greer, President Donald Trump’s pick for the next US Trade Representative, said this week that he looks forward to breathing life into a trade deal that China and the United States reached in 2020.His remark has sparked speculation among analysts about how the lopsided trade equation between Washington and Beijing could be addressed. Significance…
Observers said China’s retaliatory moves in response to US tariffs showed Beijing’s readiness to face escalating trade tensions along with its desire to achieve more at the negotiation table. Analysts said that compared with the immediate relief the US granted to its neighbours by delaying tariffs on Mexican and Canadian goods, Washington might take a…
As the leaders of Canada and Mexico rushed to respond after Donald Trump started a new trade war, Chinese President Xi Jinping took a breath before his nation announced any concrete retaliation.Following through on a threat made after he won the presidency, Trump on Saturday imposed a blanket 10% levy on China, and 25% duties…
America’s new tariffs on Chinese imports could trigger domestic inflation in the United States, potentially prolonging Hong Kong’s high interest rate environment and putting pressure on locally based businesses, the city’s finance chief warned on Sunday. Financial Secretary Paul Chan Mo-po also said city authorities were considering adjusting a HK$2 (26 US cents) concessionary fare…
America’s new tariffs on Chinese imports could trigger domestic inflation in the United States, potentially prolonging Hong Kong’s high interest rate environment and putting pressure on locally based businesses, the city’s finance chief has warned. Financial Secretary Paul Chan Mo-po also said on Sunday that city authorities were considering adjusting a HK$2 (26 US cents)…
US President Donald Trump slapped tariffs on major US trade partners, including Canada, Mexico, and China. Citing a “major threat” posed by illegal immigration and drug trafficking, Trump invoked emergency economic powers to implement the tariffs. US President Donald Trump talks to reporters after signing an executive order, (Getty Images via AFP) Starting Tuesday, Canadian…