The US president may slash tariffs on Chinese goods by up to 60 per cent as pressure mounts and Beijing’s strategy of patience appears to be paying off.
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Trump says bringing Chinese tariffs down ‘depends on’ Beijing
The statements came amid an escalating trade war that saw Trump recently increase “reciprocal tariffs” on China from 84% to 125%, on top of a 20% fentanyl-related tariff imposed earlier this year, …
China, Kenya upgrade ties amid ‘turbulent international situation’
China and Kenya announced they had upgraded ties to a “new level” on Thursday during a meeting between President Xi Jinping and Kenyan President William Ruto in Beijing, as they both pledged to create …
From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals
State lawmakers across the U.S. have introduced at least 240 anti-China proposals this year, aiming to ensure public funds don’t buy Chinese technology or even T-shirts, coffee mugs and key chains for …
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 …
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…
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.
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