Tensions between the United States and China have been high in recent weeks as a result of a trade war between the two countries. And it sounds like one major U.S. company has been impacted.…
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Hang Seng Index edges down in opening trades
The Hang Seng Index lost 42 points, or 0.19 percent, to open at 22,030 on Thursday. Mainland stocks opened lower, with the benchmark Shanghai …
End Of US-China Trade War? Trump Signals Softening Stance, Says Will Reduce Tariffs On Beijing ‘Substantially’
Speaking at a White House press briefing on Tuesday, Trump said the tariff rate, which has reached as high as 145 per cent, is “very high and it won’t be that high.” …
China’s fast-growing EV makers pursuing varied routes to global expansion
The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with …
Bessent Says U.S. Wants to Help China Pivot Away From Exports
The U.S. wants to help China pivot away from an economic model focused on exports instead of consumption, Treasury Secretary Scott Bessent said Wednesday. “China’s current economic model is built on …
Trump says he won’t play ‘hardball’ with China or mention COVID — after Bessent calls tariff standoff unsustainable
Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any signs of a thaw in the stalemate between the world’s two largest economies.
Dow surges over 400 points amid new Trump statements on China tariffs
Stocks surged for a second day as President Trump appeared to soften his stance over tariffs on imports from China. The President said he will strike a ‘fair deal’ with China. NBC News’ Peter Alexander…
Trump may slash China tariffs by 50%, report says
The Trump administration is mulling steep tariff cuts on China imports, signaling a de-escalation in the trade war. Trump’s reversal lifts investor sentiment.
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both governments to de-escalate their trade conflict.
Pittsburgh economist explains why Shein and Temu are raising prices due to Trump’s tariffs on China
The Trump administration’s tariffs mean items shipped from China will soon cost consumers much more, experts say.
U.S. Army soldier gets 7 years in jail for selling American military secrets to China
Ex-U.S. Army intelligence officer Korbein Schultz will spend the next 7 years in jail for allegedly selling American military secrets to Chinese officials and trying to recruit others.
Trump Dials Down Heat on China, Powell After Market Turmoil
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, senior editor Joe Sobczyk looks at the president’s shift in tone on China and the Federal Reserve.
Trump administration live updates: Trump signs executive orders focused on education; China says U.S. must stop ‘blackmailing’ on tariffs
Secretary of State Marco Rubio and White House envoy Steve Witkoff will not attend high-level meetings in London aimed at bringing a pause to the war in Ukraine.
