China also imposed import levies covering $21B worth of US agricultural and food products including soybeans, wheat, meat and cotton.
Tagged By beijing
Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war
As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.
China’s Parliament Meets to Shield Economy From US Tariff Salvos
BEIJING (Reuters) – China’s parliament begins its annual session on Wednesday with officials under pressure to tilt their fiscal resources towards consumers to make the economy more resilient in the face of rising U.S. trade…
China’s CNOOC to launch refinery expansion after $2.7 bln upgrade, sources say
China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer’s further expansion into refining and petrochemicals,
Trump’s tariffs on Mexico, Canada and China are in effect — all the products Americans can expect to pay more for
Goods from China face at least a 20% tariff, while imports from Mexico and Canada are being hit with a 25% levy.
Illumina Stock Slammed As China Retaliates Against Trump’s Tariffs
Illumina stock skidded Tuesday after China signaled it would ban the company from importing its gene-mapping products.
$1.4 Billion In Stolen Crypto From Bybit Hack Is Not Coming Back
Hackers who managed to run off with $1.4 billion in stolen Ethereum from the Bybit exchange have already converted most of the funds into Bitcoin. That is according to experts at several blockchain …
Why is the crypto market down today? Trump’s tariffs cause trouble
Bitcoin plummets to $83,591, reversing gains from Trump’s U.S. crypto reserve announcement amid global market uncertainty.
China retaliates against new Trump tariffs, showing it’s not desperate for a deal yet
China’s new agriculture-focused tariffs on US imports shows Beijing isn’t in a hurry to reach a deal on the trade war.
This budget business class delivers bang for your buck where it counts
While there may not be brand-name products or cutting-edge tech, this underdog airline delivers bang for your buck where it counts.
‘RoboCop’ is real and he’s going viral by patrolling the streets in China
A police robot has started patrolling the streets of a province in China, not unlike the RoboCop envisioned in the Paul Verhoeven movie.
Tariffs on China Prompt Tire Chain Seller to Raise Prices
Michael Goldblatt, who runs TireChain.com, a direct-to-consumer seller of tire chains, said he has passed some of his additional costs from tariffs on Chinese imports to customers. The company now faces a 45% tariff on…
China vows to ‘fight till the end’ as Trump escalates trade war
As President Donald Trump unleashes sweeping changes across the US government and overturns decades of American foreign policy, Chinese leader Xi Jinping is preparing to hold a major political gathering designed to project tightly-controlled stability.
