The escalating trade conflict between the U.S. and China has reignited fears that Beijing could use financial markets to hit back at Washington. **China is one of the largest overseas owner …
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China announces 84% tariffs on US goods in showdown with Trump. Europe also hits back
China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump earlier in the day and further inflaming a trade war between the world’s…
US-China trade clash risks all-out financial war
In the end, Donald Trump both blinked and doubled down on tariffs. As the U.S. president announced a 90-day pause on “reciprocal” levies for most major trading partners on Wednesday, he also raised …
China’s deflationary pressures persist as trade gloom worsens
China’s consumer prices fell for the second straight month in March while factory-gate deflation worsened, as an escalating U.S. trade war heightened worries about mounting piles of unsold exports …
China hits back at U.S. with 84% tariffs as Beijing says world must ‘unite against Trump’
China has hit back at new U.S. tariffs introduced on some goods. China previously said it would take ‘resolute measures’ to protect its trading rights …
China’s central bank calls on state banks to reduce US dollar purchases
China’s central bank will not allow a significant decline of the yuan and has urged major state-owned banks to scale back U.S. dollar purchases.
Trump u-turns on tariffs, turns trade war heat on China
Trump’s turnabout, which came less than 24 hours after steep new tariffs kicked in on most trading partners, followed the most intense episode of financial market volatility since the early days of …
China hikes tariffs on U.S. goods to 84%, as EU also retaliates against Trump tariffs
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with 104% tariff …
Trump says he is open to talks after hiking China tariffs to 125%
South Korea’s trade minister is in Washington to try to negotiate a tariff deal with Donald Trump’s team. The country, which sells large numbers of cars and electronics to the US, is being hit with…
Trump halts reciprocal and universal tariffs for all countries except China
The U.S. goods trade deficit with China was $295.4 billion in 2024, a 5.8 percent increase ($16.3 billion) over 2023 …
US-China trade war intensifies: Beijing raises tariffs on US goods to 84% after Trump’s 104% duty move
The US-China trade war deepened dramatically on Wednesday as Beijing announced a sweeping hike in tariffs on American goods, raising rates from 34% to 84%, just a day after President Donald Trump’s …
China to increase tariffs on US goods to 84%, says finance ministry
Beijing also added 12 US companies to its export control list and six to its unreliable entities list. Read more at straitstimes.com. Read more at straitstimes.com.
Stock market today: Dow slides, Nasdaq rises as China strikes back against Trump’s tariffs
US stocks were a mixed bag early Wednesday as Wall Street assessed the prospects for trade war after China struck back with an 84% tariff on US goods. Meanwhile, the benchmark 10-year Treasury yield …
