President Donald Trump announced an additional 50% tariff on goods imported from China, which could potentially double the price of Chinese imports. Trump’s additional tariffs followed China’s …
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No, the U.S. doesn’t have a $1 trillion trade deficit with China. What Trump got wrong.
Does the U.S. run a $1 trillion trade deficit with China, as President Donald Trumped claimed? And is the U.S. “losing $1.9 trillion on trade” every year? Not by a long shot. The president on…
Trump Threatens China With Extra 50% Tariff. Should You Buy an iPhone Now?
Prices for Apple products could double if all of the announced tariffs go into effect. Experts say don’t panic-buy if it puts you in debt.
The world is reeling from Trump’s tariff war. But China plans to ‘turn crisis into opportunity’
As countries around the world scramble to negotiate for relief from US President Donald Trump’s escalation last week of a global trade war, China has taken a different tack.
China sovereign fund Huijin buying domestic stocks as market slumps
China’s sovereign fund Central Huijin Investment said on Monday it is increasing holdings in China stocks and will defend market stability – comments that follow a slide in local shares amid fears a …
Yuan is strategic barometer for China post-tariffs
The first daily fix for the renminbi’s dollar trading band this week reveals much about China’s thinking in the short-term about its trade relationship with the U.S. and the rest of the world, but …
Trump says he got ‘pretty close’ to a TikTok deal with China, but Beijing u-turned because of his 54% tariffs
“We had a deal pretty much for TikTok — not a deal but pretty close — and then China changed the deal because of the tariffs,” Trump said on Sunday.
China stocks sink on trade war fears; Hong Kong dives 10%
Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of a widening global trade war and fears it will unleash a deep recession.
Markets tumble with S&P 500 down 5% and Dow down 1,600 after China retaliates against Trump tariffs
The S&P 500 was down 2.9% in early trading, coming off its worst day since COVID wrecked the global economy in 2020.
Videos: China retaliates with major tariffs after Trump unveils ‘Liberation Day’ tariffs
China announced a 34% tariff on all goods imported from the United States in retaliation against the 34% tariff President Trump unveiled.
The relentless innovation fuelling China’s ‘brutal’ car wars
However, BYD’s release of its free advanced self-driving system, dubbed God’s Eye, in February, followed by its partnership with leading drone maker DJI and the announcement of its high-speed charging system have heaped even more…
‘China Hit Much Harder Than USA, Not Even Close’: Trump Defends Tariffs As Beijing Retaliates
Former US President Donald Trump has claimed that China is bearing the brunt of the ongoing tariff war triggered by his administration’s imposition of steep reciprocal duties on several nations, …
Markets plunge with S&P 500 down 6% and Dow down 2,200 after China retaliates against Trump tariffs
The drop closed the worst week for the S&P 500 since March 2020, when the pandemic crashed the economy. The Dow Jones Industrial Average plunged 2,231 points, or 5.5% Friday, and the Nasdaq composite tumbled…
