President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause “short term” pain for Americans as global markets reflected concerns the levies could …
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China’s January factory growth misses expectations ahead of U.S. tariffs, Caixin PMI shows
The tariffs came as China’s economy has been battling a slowdown. While the country achieved Beijing’s full-year growth target of 5.0% last year, it still struggles to boost growth amid tepid domestic demand and a…
Trump Says Americans Could Feel ‘Some Pain’ From Tariffs as He Threatens More Import Taxes
President Donald Trump says Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China
Crypto prices fall off the cliff on Feb 3: BTC at $91k, XRP below $2
On February 3, the bears gripped the cryptocurrency market, as investors were reacting to Trump’s sweeping tariifs. The global crypto market cap crashed by over 12% to $3.01 trillion. Donald Trump’s …
Bitcoin slips below $95,000, Ether tanks 26% as Trump’s tariffs spark crypto market selloff
US tariffs imposed by President Trump have led to a significant downturn in the cryptocurrency market, with Bitcoin dropping 5% and Ether crashing over 26%. Smaller tokens also experienced declines, …
Taiwan and China need peace given ‘multifold changes’ internationally, president says
Taiwan and China need to talk to each other to achieve peace given the “multifold changes” in the international situation, Taiwan’s President Lai Ching-te said on Monday, calling for dialogue instead …
Japan Auto Stocks Skid After Trump Hits Mexico, Canada, China With Tariffs
Japanese auto stocks fell sharply after new U.S. tariffs against Mexico, Canada and China raised concerns about their U.S. sales of cars made in the North American trading partners and a further …
China’s January factory growth misses expectations as exports decline ahead of U.S. tariffs, Caixin PMI shows
The Caixin/S&P Global manufacturing purchasing manager’s index came in at 50.1 in January, missing Reuters poll forecast of 50.5. U.S. President Donald Trump on Saturday signed executive orders to …
Beijing Prepares Its Opening Bid to Talk Trade With Trump
As the White House fires a 10% tariff salvo, China sees room to negotiate.
Panama pledges to end key canal deal with China, work with US after Rubio visit
Panama’s José Raúl Mulino announced that his country would not renew its agreement with China’s Belt and Road Initiative following a visit from Secretary of State Marco Rubio.
China factory activity growth slows in January, Caixin PMI shows
China’s factory activity grew at a slower pace in January, while staffing levels fell at the quickest pace in nearly five years as trade uncertainties increased, a private-sector business survey …
Panama president says he won’t renew Belt and Road deal with China, as US demands less Chinese influence over canal
Panama’s president reiterated on Sunday that Panama’s sovereignty over the Panama Canal is not up for debate, saying that during talks with US Secretary of State Marco Rubio that he had addressed the United States’…
U.S. businesses brace for Trump’s tariffs on Canada, Mexico and China to drive up costs
U.S. businesses are bracing to take a hit from taxes President Trump is imposing on imports from Canada, Mexico and China.