President Donald Trump said his team was talking about a 10% tariff on China. He said the duty could take effect as early as Feb. 1. During his campaign for president in 2024, Trump called…
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Record Beef Imports Raising Risk of China Imposing Trade Curbs
China’s record beef imports are hitting a market where demand is slowing and prices have fallen to the lowest since 2019, raising the risk that authorities will take steps to curb the trade.
Trump Says He’s Thinking of 25% Tariffs on Mexico, Canada
U.S. President Donald Trump on Monday said he was thinking of imposing 25% tariffs on imports from Canada and Mexico because they were allowing many people to cross the border as well as fentanyl. He…
Takeda-backed Ascentage Pharma sets terms for $170M IPO
Takeda-backed Ascentage Pharma Group (AAPG) (OTCPK:ASPHF), which is developing treatments for blood cancer, has set terms for a $170M U.S. initial public offering. In an SEC filing, Ascentage (AAPG) …
Trump says he is discussing 10% tariff on China on Feb. 1
U.S. President Donald Trump on Tuesday said his administration is discussing imposing a 10% tariff on goods imported from China on Feb. 1 because fentanyl is being sent from China to Mexico and Canada.
Secretary of State Rubio on Day 1 meets with Quad countries focused on countering China’s influence
On his first full day as secretary of state, Marco Rubio is meeting with his counterparts from a group of countries known as the Quad: the United States plus India, Japan and Australia, representing nearly…
Apple’s China problems keep weighing on the stock
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.
China Promises To Fill Void Left by US Under Trump
Among Trump’s first acts in office on Monday was to order U.S.’s exit from the World Health Organization and Paris Agreement.
Crypto’s slide into the status quo
The people who profit from selling gold and silver often cast themselves as prophets of doom, warning of the inevitable collapse of fiat currency and the Western economies it underpins. Yet, in a …
China’s consumer sentiment approaches ‘tipping point’ to soar after stimulus barrage: UBS
Domestic brands and private labels stand to benefit as households save less and spend more, Swiss bank says China’s consumer sector, long plagued by a property slump that has slowed the economy and …
Made in China 2025 ‘hugely successful’ despite US efforts to thwart plan
A decade ago the Chinese government announced plans to transform the country from “a low-cost manufacturing base into a high-tech superpower”. Did it work?
Sunac China lands first onshore debt reduction in troubled property sector
(Reuters) -Sunac China on Tuesday emerged as the first embattled Chinese property developer to successfully cut down on its onshore debt, after it said holders of all ten bonds had accepted its …
The 10 most valuable brands in the world
Amid a highly competitive global business climate, a few brands stand out. Brand Finance, the world’s leading brand valuation consultancy, looked at companies around the world to find which ones have …