The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight. Beijing immediately retaliated.
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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.
China’s curbs on exports of strategic minerals
China announced sweeping export controls 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.S …
XRP and Dogecoin Surged 20%, Then Dipped as China Tariffs Dent Crypto Rebound
Donald Trump’s decision to impose tariffs on imports from Canada, Mexico, and China led to a steep drop in bitcoin and broader equity markets on Monday.
China announces retaliatory action as Trump tariffs take effect
President Trump says the Chinese tariffs are a response to trade deficits, and the flow of fentanyl into the US The United States runs a trade deficit with the European Union, which means it imports…
