Tag: Tariffs
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Beijing says it hopes to agree with the US on tariff reductions at ‘an early date’
China and the United States hope to reach an agreement on lowering import taxes soon, a Chinese government spokesperson said late last week, fueling expectations that ... -
Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him
President Donald Trump has spent 20 months promising that America was on the cusp of an economic boom. But Friday’s surprisingly positive jobs report ultimately provoked frustration from ... -
Trump opens two-front economic pressure campaign against China
The Trump administration is preparing to intensify economic pressure on China on two fronts, weighing a new tariff on Chinese goods while warning Beijing that its ... -
Beijing hits back at criticism over excess industrial capacity as more US tariffs loom
China pushed back Tuesday against claims of overcapacity in the world’s second largest economy, ahead of the release of results of a U.S. probe on the matter ... -
US says it plans extra tariffs of 10% or more for most trading partners
The Trump administration is proposing that tariffs of 10% or more be imposed on products from dozens of major trading partners following a probe into imports ... -
Trump-Xi summit comes with high stakes for Taiwan
President Donald Trump, in his return to the White House, has demonstrated greater ambivalence toward Taiwan, an approach that’s raising questions ahead of this week’s summit ... -
Factory activity contracts for a second month
China’s factory activity shrank for a second month in February, though lower U.S. tariffs could bring about a small boost in the coming weeks. The official manufacturing ... -
Trump’s State of the Union will seek to calm voters’ economic concerns
President Donald Trump will use today’s (Macau time) State of the Union to champion his immigration crackdowns, his slashing of the federal government, his push to ... -
Ruling against Trump’s tariffs creates new uncertainty in US trade relations with China
The Supreme Court decision striking down President Donald Trump’s sweeping tariffs has added a wrinkle to already complicated U.S.-China relations, with both countries navigating shifting ground to avoid ... -
Facing high Trump tariffs, Africa’s leading economy says it’s close to a new deal with China
China and South Africa signed a framework agreement for a new trade deal on Friday as Africa›s leading economy looks to other options following the high import tariffs imposed ... -
Modi praised for US trade deal as opposition questions impact on agriculture
Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi yesterday [Macau time] for striking a deal with the U.S. that seeks to reduce tariffs ... -
Flooded by cheap Chinese goods, Latin America trying to protect its industries
China has been flooding Latin American markets with low-priced exports, especially autos and e-commerce goods, as its exporters adjust to U.S. President Donald Trump’s tariffs and ... -
Beijing puts anti-dumping tariff of up to 18.9% on imports of pork from the EU
China will impose tariffs of up to 19.8% on pork imports from the European Union, a drastic drop from preliminary tariffs of up to 62.4%, its ... -
Resilient in face of Trump tariffs, world economy is forecast to grow 3.2% this year, OECD says
The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said yesterday, upgrading ... -
Vanke is reigniting the debate China wants to bury
China seems to find solutions to the world’s thorniest economic problems. Its exports juggernaut is marching on despite President Donald Trump’s tariffs. The domestic AI industry ... -
Tariffs are Trump’s foreign policy tool, but court could change how he uses them
President Donald Trump sees tariffs — or the threat of them — as a powerful tool to bend nations to his will. He has used them ... -
The curious market timing of Trump’s tariff threats
Donald Trump may know the art of dealmaking, but he certainly doesn’t know the art of stock-market timing. The timeline of his latest trade spat with ... -
Trump threatens 50% to 100% tariffs on China
President Donald Trump said yesterday [Macau time] he believes the Russia-Ukraine war would end if all NATO countries stopped buying oil from Russia and placed tariffs ... -
Trump’s tariffs seen cutting into China sales of US companies, survey finds
Many U.S. companies operating in China expect their sales to take a hit this year from U.S. President Donald Trump’s tariffs and the ones that China ... -
Tariffs, migration and cartels will top Rubio’s trip
Security, sovereignty, tariffs, trade, drugs and migration — all hot-button issues for the Trump administration and its neighbors in the Western Hemisphere — will top Secretary ... -
New US tariffs cloud outlook for exporters in Asia and beyond
President Donald Trump’s new tariff rates on U.S. imports from dozens of countries took effect yesterday, the latest step in his ongoing reshaping of global trade. ... -
China pushes back at US demands to stop buying Russia, Iran oil
U.S. and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far ... -
From Laos to Brazil, Trump’s tariffs leave a lot of losers. But even the winners will pay a price
President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada ... -
Trump tariffs hit Hungary hard despite warm relations with MAGA-friendly Orbán
Hungary’s populist prime minister has spent years building a close political relationship with U.S. President Donald Trump and aligning himself with the MAGA movement. But despite ... -
Flurry of trade deals offers relief for some Asian countries
U.S. President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers ... -
Daunted by geopolitics, US companies in China report record-low new investment plans
American companies in China are reporting record-low new investment plans for this year and declining confidence in their profitability, with uncertainty in U.S.-China relations and President ... -
Trump threatens Russia with tariffs and boosts US weapons for Ukraine
President Donald Trump yesterday [Macau time] threatened Russia with steep tariffs and announced a rejuvenated pipeline for American weapons to reach Ukraine, hardening his stance toward Moscow after ... -
Beijing retaliates against EU with a ban on European medical devices
China said Sunday that European medical device companies will be barred from selling to the Chinese government as a countermeasure for the European Union’s restrictions on ... -
US tariffs on European goods threaten to shake up the world’s largest trade relationship
The European Union expects to find out today (Macau time) whether President Donald Trump will impose punishing tariffs on America’s largest trade partner in a move ... -
Senate Republicans seek support for Trump’s big bill in overnight session
The Senate is slogging through a tense overnight session that dragged into yesterday (Macau time), with Republican leaders buying time as they search for ways to ... -
Trump says he’s not planning to extend a pause on global tariffs beyond July 9
President Donald Trump says he is not planning to extend a 90-day pause on tariffs on most nations beyond July 9, when the negotiating period he set would ... -
New disputes emerge ahead of US-China trade talks in London
U.S.-China trade talks in London this week are expected to take up a series of fresh disputes that have buffeted relations, threatening a fragile truce over ... -
US and China resume tariff talks. No breakthroughs but Trump touts ‘great progress’
The U.S. and China yesterday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the ... -
Bank of England cuts main interest rate by 0.25% to 4.25% in face of US tariff uncertainty
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global ... -
China launches a blitz of policies to help its economy
China has announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ‘s trade war, as the two ...
