Follow here for live updates and news on fallout in the financial markets from President Donald Trump’s announcement last week on tariffs for all countries.
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Donald Trump Considers Softening China Ship Fees
Trump’s administration has argued that fees would curb China’s commercial and military dominance on the high seas.
Drones transform life, industry in south China’s Shenzhen
The low-altitude economy is accelerating in south China’s Shenzhen City as drones and electric vertical take-off and landing aircraft (eVTOLs) reshape transport, logistics, and urban mobility …
What would a US-China trade war do to the world economy?
China has a central role in refining many vital metals for industry, from copper and lithium to rare earths. Beijing could place obstacles in the way of these metals reaching the US. This is something…
Spain’s PM heads east to build bridges in China, Vietnam amid US tariff fallout
Spain’s Prime Minister Pedro Sanchez will be the first of a series of European leaders to head east following the announcement by U.S. President Donald Trump of sweeping global trade tariffs, with a trip to…
Beijing calls Vance ‘ignorant’ over ‘Chinese peasants’ remark
China has called US Vice-President JD Vance “ignorant and impolite” for saying that America had been borrowing money from “Chinese peasants”. The sharp rhetoric comes as US President Donald Trump’s …
China is not backing down from Trump’s tariff war. What next?
“It would be a mistake to think that China will back off and remove tariffs unilaterally,” says Alfredo Montufar-Helu, a senior advisor to the China Center at The Conference Board think tank. “Not …
The latest on Trump’s presidency as China vows to fight new tariff threat
President Donald Trump threatened to add new tariffs on China if Beijing doesn’t remove its retaliatory duties by today. Follow live news updates as countries and the stock market react to Trump’s …
China Vows to ‘Fight to the End’ in Tit-for-Tat Trade War With Trump
“If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective …
Treasury Secretary Bessent says China’s escalation was ‘big mistake,’ country playing with ‘losing hand’
Treasury Secretary Scott Bessent said Tuesday the U.S. holds a substantial advantage over China as the two nations exchange threats in a burgeoning trade war. “I think it was a big mistake, this Chinese escalation,
Citi cuts China GDP growth forecast to 4.2% from 4.7% for 2025
Citi cut China’s GDP growth forecast to 4.2% from 4.7% for 2025, citing rising external risks. Citi said in a note that high tariffs could drag China’s growth further by at least 1.5 percentage points…
China lashes out at JD Vance for calling Chinese people ‘peasants’
China on Tuesday slammed US Vice President JD Vance for referring to the Chinese people as “peasants” in an interview that has drawn widespread ire and ridicule on China’s internet – and comparisons with Vance’s…
China vows to ‘fight to the end’ and accuses Trump of ‘blackmail’ over tariff warning
Tensions between the world’s two major powers rose after President Donald Trump threatened China with additional tax levies that would add up to 104%.