BEIJING: China will impose 84 per cent tariffs on US goods from Thursday (Apr 10), up from the 34 per cent previously announced, the finance ministry said on Wednesday. This is a developing story, …
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China hits back at Donald Trump with 84% retaliatory tariff on US goods: Report
The Chinese finance ministry said that these additional tariffs will be imposed on goods from the US from April 10.
Exclusive: China’s central bank asks state lenders to reduce dollar purchases, sources say
China’s central bank will not allow sharp yuan declines and has asked major state-owned banks to reduce U.S. dollar purchases, people with direct knowledge of the matter said on Wednesday.
Ukraine-Russia war latest: Zelensky confronts China as UK has no evidence of Beijing links to captured troops
Volodymyr Zelensky has said his military has captured two Chinese soldiers, confirming Beijing have joined Russia’s war effort in the three-year-old war.Ukrainian officials have found identification …
China Engineers Orderly Yuan Drop as Trade War Threatens Growth
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.
CNBC’s The China Connection newsletter: No deal in sight to stop U.S.-China trade war
Analysts now talk not just of a war over trade, but one that could spread beyond technology to investment and other realms.
Why China thinks it might win a trade war with Trump
Although Mr Trump’s intentions in unleashing the biggest disruption to trade in modern history are not fully clear, he seems less interested in striking a deal with China than ever before. All negotiations would be…
In China, whispers of change as some companies tell staff to work less
A handful of major Chinese companies like home appliance maker Midea have new badges of honour this year: mandatory clock-off times for staff and bans on after-hours meetings.
Asian markets fall before Trump’s 104 percent tariff on China takes effect
With tariffs on a wide range of countries set to begin, the White House signaled the president was open to deals, including with China — as long as Beijing makes the first move.
China state firms pledge to boost share purchases to calm markets
Chinese state holding companies vowed on Tuesday to increase share investment while a slew of listed firms announced share buybacks as Beijing stepped up efforts to stabilise a stock market rocked by …
Trump tariffs on China set to rise to 104% Wednesday; markets sink again
China has remained defiant in the escalating trade war. Trump advisers say other countries are lining up to negotiate deals.
Manufacturing Already Moved Out of China. Now Where Will It Go?
Key Takeaways Many U.S. companies have refocused supply chains to Vietnam, Thailand and other countries in the region, partly because labor costs have risen in China over the decades.Those plans are now in question if…
Stock market today: Dow, S&P 500, Nasdaq reverse gains as White House confirms 104% tariffs on China
Investors are digesting tariff whiplash after the White House confirmed plans to levy 104% tariffs on China, set to go into effect at 12:01am ET.
