The White House is eyeing an end to the de minimis import rule. “U.S. consumers could face larger consequences than meet the eye,” the New York Fed wrote.
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China’s dollar deposit rate cuts could drive investors toward crypto as a hedge
China’s central bank has instructed key commercial banks to cut U.S. dollar deposit rates, which could push investors toward alternative assets like cryptocurrency.
Sigenergy Charges Into IPO Just Two Years After Inception
One such company, Sigenergy Technology Co. Ltd., is seizing on this latest flavor of new energy technology to launch a Hong Kong IPO, less than three years after its establishment, according to its …
What International Car Companies Seeking Success In China Need To Know
China represents the largest market for Western car companies operating globally. Success in this market requires understanding and addressing its the unique challenges.
Nvidia says America’s trade war with China is hurting revenue, warning Trump’s tariffs have added a big ‘unknown’ to its future outlook
Nvidia executives struck a cautious note on the company’s China business during its quarterly earnings call Wednesday. CEO Jensen Huang clarified the company’s China sales are half of what they were …
China promises a stronger payback for Trump’s new 10% tariffs
US president Donald Trump has slapped China with another 10% tariff on imports, adding to an earlier 10% tariff imposed around a month ago. The latest duties, …
China’s Zara Tries Going Global in Hopes of Shein-Like Success
Fast-fashion retailer Shein blazed a trail for Chinese companies in the US and European markets. Now, another China-based apparel brand wants to replicate its success.
Trump Jolts China Markets Again With Threat of More Tariffs
Chinese stocks slid after US President Donald Trump said he would impose additional 10% tariffs on imports from the country, adding to fears of an expanding trade war between the world’s two biggest economies.
From import to export—India now ships Apple components to China
In a major development, India has begun exporting electronic components for Apple products to China and Vietnam. The move comes as part of the US tech giant’s efforts to diversify its supply chain. Key suppliers…
China vows to retaliate as necessary after Trump threatens another 10% tariff hike
China’s statement on Friday appeared to strike a stronger tone than its response after Washington slapped the initial 10% duties earlier this month.
Russian, Iranian oil supply to China rebounds as new vessels cash in on the trade
China’s imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under U.S. embargo, …
Iron ore logs monthly loss on China steel export concerns
By Michele Pek SINGAPORE (Reuters) -Iron ore futures prices fell on Friday and were set for monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports …
China Vows ‘All Necessary Measures’ Against New US Tariffs
China threatened to hit back at Donald Trump’s trade threats after the US president unveiled additional tariffs on Chinese imports, raising the risk of tensions spiraling between the world’s largest …
