The move comes after Donald Trump placed a 10% levy on Chinese goods. The tariffs are targeted more at businesses than consumers.
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Live updates: Trump tariffs on China take effect; senators back RFK Jr. nomination for floor vote
The Senate Finance Committee this morning sent Robert F. Kennedy Jr.’s nomination for health and human services secretary to the full Senate for a confirmation vote. In the afternoon, the Senate …
US Ally Alarmed as China’s Warships Stage Show of Force in Coastal Waters
The navy ships were observed as China’s coast guard presence near the Philippines’ main island reached the 30-day mark.
China needs ‘a lot more squeezing’ than current tariff threat, says Kevin O’Leary
O’Leary Ventures Chairman Kevin O’Leary argues President Donald Trump will have to take a ‘unique’ approach to negotiating trade with China after the country threatened retaliatory tariffs.
Factbox-What are five new critical metal exports restricted by China?
China announced sweeping export restrictions on Tuesday targeting five metals used across defence, clean energy and other industries minutes after an additional 10% tariff on Chinese goods imposed by U.
Trade war looms after Beijing retaliates against U.S. with tariffs
The United States and China appeared to be inching closer to a trade war after Beijing revealed it would be retaliating against Washington with tariffs of its own on American goods. NBC News’ Janis Mackey…
US coal and gas among targets of China’s retaliatory tariffs
This time PHV Corp, the company that owns fashion brands Calvin Klein and Tommy Hilfiger, and US biotechnology firm Illumina, have both been targeted. In a statement, China’s comm
How to Win at AI: Why Decentralization Can Help the US Avoid the Next DeepSeek Surprise
China’s DeepSeek shocked the AI industry with a low-cost model built within tight constraints. Here’s how U.S. builders can avoid the next competitive shock via decentralization.
Bitcoin’s rollercoaster continues on US-China trade war fears – Is a reversal coming?
Bitcoin and other cryptocurrencies are facing renewed selling pressure on Tuesday as trade tensions between the US and China ramp up. These tensions are rattling market confidence and fueling risk-off trade. Bitcoin has fallen 3%…
Live updates: Trump tariffs on China take effect; senators vote on RFK Jr. and Tulsi Gabbard
The Senate Finance Committee is expected to vote at 10 a.m. on Robert F. Kennedy Jr.’s nomination to be health and human services secretary. In the afternoon, the Senate Intelligence Committee is scheduled to vote…
Merck’s 2025 revenue outlook falls short as it pauses Gardasil vaccine shipments to China
Merck’s full-year 2025 revenue guidance fell short of what some analysts were expecting, at a range of $64.1 billion to $65.6 billion.
China hits back at Trump’s tariffs with its own levies on U.S. imports
The world’s two largest economies did not strike a deal to avert sweeping U.S. tariffs, which came into effect after midnight. Beijing immediately retaliated.
Beijing Strikes Back: U.S. Energy, Tech, and Auto Stocks Face New Tariffs and Supply Threats
China’s new tariffs hit U.S. energy, tech, and auto stocks. Export curbs on key minerals could disrupt chipmakers like Nvidia and Intel. Market volatility ahead.
