US Treasury Secretary calls China’s trade escalation unfortunate
US Treasury Secretary Scott Bessent criticised China’s decision to impose 84 per cent retaliatory tariffs on…
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China
Oil prices plunge to 4-year lows on Wed
Oil prices plunged to four-year lows on Wednesday, with Brent crude falling $4.02, or 6.40 per cent, to $58.80 a…
URGENT: China retaliates
China will raise tariffs on US goods to 84 per cent starting Thursday, up from the previously announced 34 per…
China resells US LNG
Chinese buyers of US liquefied natural gas (LNG) are increasingly reselling cargoes to Europe as tariffs imposed by…
Global markets rebound on Tuesday
Global stock markets rebounded on Tuesday after three days of sharp losses wiped trillions of dollars off share…
China rejects US ‘blackmail’ as global trade tensions escalate
China has rejected what it called "blackmail" by the US, as the global trade war triggered by President Donald…
Fitch: US tariffs to hit revenue, profit growth across European sectors
Newly imposed US tariffs—20 per cent on EU goods and 10 per cent on UK imports—will dampen revenue and profit…
Oil down on Monday
Oil prices extended last week's losses on Monday, with West Texas Intermediate (WTI) crude, a key US benchmark,…
Goldman Sachs sees major Chinese stimulus
Goldman Sachs expects China to ramp up fiscal and monetary easing to counter the sharper-than-expected impact of…
EU mobilises in 1st counterstrike against Trump tariffs
European Union countries are set to approve a first wave of retaliatory tariffs on up to $28 billion worth of US…