One analyst said that the risk to China’s exports was worse than what the market had expected. Read more at straitstimes.com.
NEWS
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.
China Calls Trump’s Tariffs ‘Unilateral Bullying’ and Pledges Further Retaliation
China has come out swinging against President Trump’s tariffs and says it will take resolute measures in response. A Commerce Ministry statement Thursday said the tariffs “violate international trade rules,
China urges U.S. to ‘immediately’ cancel reciprocal tariffs, vows counter-measures
U.S. President Donald Trump unveiled a 10% baseline tariffs on most imported goods from global trading partners.
China vows ‘firm countermeasures’ to Trump tariffs; Asian markets fall
Stock markets across Asia fell upon opening Thursday morning after President Donald Trump imposed huge tariffs on all the region’s leading economies, including increasing the blanket levy on Chinese …
China’s services activity rises to three-month high, Caixin PMI shows
China’s services activity rose to three-month high in March, with both business activity and new orders picking up from February, a private sector survey showed on Thursday.
Trump Ends Popular ‘De Minimis’ Trade Exemption for China Used by Shein, Temu
President Trump is cracking down on a popular tariff exemption for goods from China that allowed small shipments to avoid duties and customs inspections. Trump on Wednesday signed an executive order …
Trump’s China tariffs will total 54%. Here’s what he’s charging other countries.
President Donald Trump on Wednesday said his new plan for U.S. tariffs will consist of a universal tax of 10% on imported products from all other countries, as well as additional “reciprocal” levies …
AI Film Section of Beijing Fest Sets Jury With Guan Hu, Rob Minkoff
Last year, festival organizers launched what they described as “the world’s first film festival section dedicated to co-creation with AI.” …
China Tariffs Stack on Old Duties
The new 34% tariff on China announced Wednesday will be additive to previous duties imposed by the Trump administration, like the 20% tariff President Trump imposed over its role in the fentanyl trade …
Trump signs order that closes duty exemptions for cheap shipments from China
U.S. President Donald Trump signed an executive order on Wednesday that closes a trade loophole used to ship low-value packages duty-free from China, known as “de minimis,” an aide said.
Trump considering revoking tariff exemptions for cheap shipments from China, source says
The Trump administration is considering revoking tariff exemptions for low-value shipments from China as part of Wednesday’s tariff announcement, a source familiar with the plans said.
China’s military launches live-fire exercise in escalation of blockade drills near Taiwan
The Chinese military staged a second day of exercises around Taiwan on Wednesday, launching live-fire strikes in the East China Sea and practicing blockade operations near crucial shipping lanes to …
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