The Trump administration’s latest salvo in its trade war with China could finally hit American consumers where it hurts most — their wallets.
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Trump says 25% tariffs on Canada, Mexico will start Tuesday, doubles fees on China
President Donald Trump said tariffs on imports from Canada and Mexico will go into effect March 4 and intends to double tariffs on goods from China.
Microsoft asks Trump to loosen chip export limits to avoid giving China an AI advantage
Microsoft urged the Trump administration to change Biden-era limits on chip exports, warning that provisions of the regulations could give China an advantage in the global AI race if allowed to remain …
MTT Group Holdings Announces Potential Investment in Shenzhen-Based Enterprise
The latest announcement is out from MTT Group Holdings Limited ( ($HK:2350) ). MTT Group Holdings Limited has announced a non-legally binding …
Trump plans tariffs on Mexico and Canada for Tuesday, while doubling existing 10% tariffs on China
President Donald Trump says he plans to impose tariffs on Canada and Mexico starting Tuesday, in addition to doubling the 10% universal tariff charged on imports from China. Posting on Truth Social on …
China plays key role on climate change, may be looked to for additional leadership, COP30 president says
China has a very important role to play in tackling climate change and others may look to the Asian country for additional leadership in the field, COP30 President-Designate Andre Aranha Correa do …
US Can’t Split Up China and Russia, Beijing Warns
China pushed back against recent remarks by U.S. Secretary of State Marco Rubio, declaring that Washington could never “sow discord” in its ties with Moscow. Newsweek reached out to the White House …
China and NATO Aircraft Carriers Deploy to Same Contested Waters
China has the largest navy in the world by hull count with over 370 vessels, including two aircraft carriers in service. Last November, France sent its only aircraft carrier, which is nuclear-powered, for a five-month…
Trump Plans Another 10% Tariff on Products From China
The U.S. next week will impose an additional 10% tariff on imports from China over its role in the fentanyl trade, the president said.
Trump signals Canada, China and Mexico tariffs could take effect next week, with ‘reciprocal’ duties planned for April
Many analysts say the impact of the uncertainty surrounding their imposition has already taken a toll on the markets and the economy.
China Aviation Oil H2 profit falls 8.1% to US$36 million
CHINA Aviation Oil (CAO) reported a 8.1 per cent fall in net profit to US$36 million for the second half ended Dec 31, from US$39.1 million in the previous corresponding period. Read more at The…
Scientist verdict on new bat coronavirus in China and ‘potential for human spillover’
Scientists have reacted to the discovery of a new coronavirus found in bats in a Wuhan lab close to the epicentre of Covid-19, which plunged the world into lockdown five years ago. A team at…
Trump plans tariffs on Mexico and Canada on Tuesday, while doubling existing 10% tariffs on China
Trump said illicit drugs are being smuggled into the United States at “unacceptable levels” and import taxes would force other countries to crack down.
