China’s Finance Ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment, and some autos.
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China imposes 15% tariffs on U.S coal, LNG imports
Trump won November’s presidential election promising to slap high tariffs on foreign goods. He previously implemented a number of duties during his first term tenure from 2017 to 2021.
Standard Chartered appoints new chair as bank navigates US-China tensions
Standard Chartered has appointed Maria Ramos as its new chair in what is expected to be the first part of a leadership transition at the London-based bank.
Trump’s digital dollar ban opens the door for China’s yuan
The US president’s decision to halt CBDC development may inadvertently hasten the de-dollarisation trend, smoothing path for yuan internationalisation On January 23, US President Donald Trump issued …
China strikes back in Trump’s trade war: tariffs on American products and an antitrust investigation on Google
The new tariffs on hydrocarbons and machinery will come into effect on February 10. China makes a move in the new trade war: it will impose tariffs ranging from 10% to 15% on some American…
Beijing retaliates with tariffs on US imports, Google probe
Within minutes of the new Trump-imposed tariffs hitting Chinese imports, Beijing fired back with its own suite of tariffs and a probe into Google.
As Trump’s new tariffs take effect, China retaliates with a raft of measures
Trump ordered tariffs against China, Canada and Mexico over the weekend. Canada and Mexico reached last-minute deals to pause those tariffs Monday.
China to impose 15% tariff on imports of coal, LNG from US in response to Trump’s trade moves
BEIJING: China’s finance ministry on Tuesday (Feb 4) announced a package of tariffs on a range of US products in an immediate response to a 10 per cent tariff on Chinese imports announced by US…
China to slap tariffs on US coal, oil, vehicles
China said Tuesday it would impose tariffs of 15 percent on imports of coal and liquefied natural gas from the United States, after Washington slapped ten percent levies on Chinese goods.
How China could respond to Trump’s new tariffs
From retaliatory tariffs on US goods like car parts and soy beans to controls on raw minerals essential for American manufacturing — analysts say China has plenty of options if it wants to reply to…
Trump Plans to Speak With Xi as Deadline for China Tariffs Looms
US President Donald Trump said his administration plans to speak with China, raising the possibility of a potential reprieve on a 10% tariff set to take effect in hours after he delayed levies on …
Why China maybe relishing Trump’s tariff showdown
By targeting allies and neighbours with tariffs, the US is playing into the hands of China. “Our strategy on tariffs will be to shoot first and ask questions later.” That was what one of Donald…
Apple shares slide amid earnings concerns over Trump tariffs on China
Apple shares dropped more than 3% on Monday after President Donald Trump announced 10% tariffs on imports from China, where the tech manufacturer assembles its iPhones and other products.