US President Donald Trump said on Wednesday that America will work out a deal with China where Beijing could sentence those who transport fentanyl drug into Washington to death. Trump said that the tariffs he has imposed on China will act like a penalty to make up for the losses suffered by the US due…
All will come into effect in August, as more announcements are expected. EU negotiations, for instance, are still ongoing. Trump has also newly threatened countries that align themselves with what he called the “anti-American” policies of the BRIC nations (core members include Brazil, Russia, India, China and South Africa), with an additional 10 per cent…
On Monday, President Donald Trump began notifying trade partners of sharply higher U.S. tariffs from August 1, after he delayed all but 10% of his April duties on most countries to give them time to strike deals with the world’s largest economy. China, initially singled out with tariffs exceeding 100%, has until August 12 to…
HSBC is launching a new education series to equip Hong Kong’s small and medium-sized enterprises (SMEs) with knowledge to help them maintain smooth business operations amid the threat of disruption from US tariffs. The city’s largest lender said the Account Fitness initiative would help SMEs effectively manage and maintain healthy accounts. “Many entrepreneurs of SMEs…
As Beijing looks to shore up China’s economic growth amid mounting challenges, Premier Li Qiang has called on Jiangsu province, a key manufacturing hub on the country’s east coast, to step up its efforts in technology, trade and consumption. During a three-day visit to the province from Monday, Li emphasised the importance of embracing innovative…