President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the…
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ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
Trump gave Beijing a one-day break before saying he could hit China with tariffs starting in February
US President Donald Trump had threatened 60% tariffs on Chinese goods on his campaign trail.
Tech titans top the world’s most valuable brands league in 2025
Tech companies continued to be some of the world’s most valuable brands this year, boosted by ongoing strong brand loyalty, as well as new innovations in artificial intelligence. View on euronews …
Elon Musk and China: 5 things about the ties of Trump’s ‘first buddy’
HONG KONG — U.S. President Donald Trump’s return to the White House has raised questions about how much influence Elon Musk — his largest campaign donor and the world’s richest person — might wield, especially…
Trump considers imposing 10% tariffs on China in February, vows to hit the EU
Moreover, in a Washington press conference held on Tuesday, Trump promised to put tariffs on the European Union as well. He said, “China is an abuser, but the …
More pain ahead for China’s luxury market, says Bain
China’s luxury market is undergoing a shift as the post-Covid boost fades, with analysts urging brands to focus on innovation and lower-tier city expansion.
Trump Says He Will Impose 10% Tariffs on Chinese Imports on Feb. 1
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the…
Record Beef Imports Raising Risk of China Imposing Trade Curbs
China’s record beef imports are hitting a market where demand is slowing and prices have fallen to the lowest since 2019, raising the risk that authorities will take steps to curb the trade.
Trump Says He’s Thinking of 25% Tariffs on Mexico, Canada
U.S. President Donald Trump on Monday said he was thinking of imposing 25% tariffs on imports from Canada and Mexico because they were allowing many people to cross the border as well as fentanyl. He…
Takeda-backed Ascentage Pharma sets terms for $170M IPO
Takeda-backed Ascentage Pharma Group (AAPG) (OTCPK:ASPHF), which is developing treatments for blood cancer, has set terms for a $170M U.S. initial public offering. In an SEC filing, Ascentage (AAPG) …
Crypto’s slide into the status quo
The people who profit from selling gold and silver often cast themselves as prophets of doom, warning of the inevitable collapse of fiat currency and the Western economies it underpins. Yet, in a …
China’s consumer sentiment approaches ‘tipping point’ to soar after stimulus barrage: UBS
Domestic brands and private labels stand to benefit as households save less and spend more, Swiss bank says China’s consumer sector, long plagued by a property slump that has slowed the economy and …
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