The US president’s decision to halt CBDC development may inadvertently hasten the de-dollarisation trend, smoothing path for yuan internationalisation On January 23, US President Donald Trump issued …
Monthly Archives For February 2025
China strikes back in Trump’s trade war: tariffs on American products and an antitrust investigation on Google
The new tariffs on hydrocarbons and machinery will come into effect on February 10. China makes a move in the new trade war: it will impose tariffs ranging from 10% to 15% on some American…
China to levy tariffs of up to 15% on select U.S. imports starting Feb. 10
China’s finance ministry said Tuesday it will impose 15% tariffs on coal and liquified natural gas imports from the U.S. and 10% duties on crude oil, farm equipment and certain cars, starting Feb. 10.
Trump’s 10% tariffs on China causes 15% tariff and Google probe reactions
President Donald Trump fired the first shot in a new trade war, imposing a 10% tariff on all Chinese goods just after the US hit its midnight deadline on …
China Targets Google and US Brands as Trade War Escalates
Earlier, reports showed that Tesla registered fewer cars in California in all four quarters of 2024, as sales of its second-most important model plunged 36% for the year. At the same time, the company …
Trump’s Tariffs on China: How Will U.S. Consumers be Affected?
Trade restrictions on China are expected to drive up prices for electronics, clothing, household goods, and medical supplies.
China kills energy trade with the US, but initial impact is limited: Russell
The trade in crude oil, liquefied natural gas and coal between the United States and China is effectively dead after Beijing responded to President Donald Trump’s tariffs with measures of its own.
China retaliates with tariffs on some US goods and a probe into Google
The Ministry of Finance said it would impose tariffs on coal, liquefied natural gas crude oil, agricultural machinery, and some vehicles.
China hits back with targeted tariffs after Trump imposes new levies
China on Tuesday imposed tariffs on some U.S. imports in a swift response to new U.S. duties on Chinese goods, raising the stakes in a showdown between the world’s top two economies even as President…
DeepSeek’s success gives Chinese firms jolt as Beijing seeks sanction-beating breakthroughs
The sudden success of Chinese artificial intelligence (AI) start-up DeepSeek comes as a morale booster for the country’s researchers and tech companies, who have been tasked by Beijing to push for breakthroughs in the face…
China tariff retaliation targets its modest US energy imports
China is the world’s top energy importer but its purchases from the United States are relatively modest, blunting the impact of Beijing’s move on Tuesday to slap retaliatory tariffs on imports of U.S.
Beijing retaliates with tariffs on US imports, Google probe
Within minutes of the new Trump-imposed tariffs hitting Chinese imports, Beijing fired back with its own suite of tariffs and a probe into Google.
As Trump’s new tariffs take effect, China retaliates with a raft of measures
Trump ordered tariffs against China, Canada and Mexico over the weekend. Canada and Mexico reached last-minute deals to pause those tariffs Monday.
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