URGENT: China retaliates
China will raise tariffs on US goods to 84 per cent starting Thursday, up from the previously announced 34 per…
Browsing Tag
Chinese imports
China resells US LNG
Chinese buyers of US liquefied natural gas (LNG) are increasingly reselling cargoes to Europe as tariffs imposed by…
US budget deficit hits $1.147t in Oct. to Feb ’25
The US budget deficit reached a record $1.147 trillion in the first five months of fiscal 2025, the Treasury…
Trump hints at ‘pretty soon’ EU tariffs
US President Donald Trump suggested that the European Union (EU) could soon face tariffs, following his imposition…
China stocks wobble amid tariff uncertainty
China’s stock market volatility continues as investors try to understand the potential impact of Trump's proposed…
Chinese tech firms flock to Malaysia amid US tariff threats
Chinese chipmakers and tech companies are flocking to Malaysia, as Beijing braces for more tariffs under the…
China unveils $411b stimulus via bonds next year
Chinese authorities will issue a record-high 3 trillion-yuan ($411 billion) worth of special treasury bonds next…
Taiwan c. bank warns of risks from Trump’s trade policies
Taiwan's central bank cautioned about the potential risks of the trade policies proposed by the incoming US…
Goldman Sachs: Euro could plunge if Trump wins election
Goldman Sachs warned that the euro could decline by as much as 10 per cent if Donald Trump wins the US presidential…
US to impose ban on Chinese tech in vehicles
The US Commerce Department is set to announce a proposal on Monday to ban Chinese software and hardware in…
Trump promises major tariffs on Chinese goods if re-elected
US presidential candidate Donald Trump has announced plans to impose significant tariffs on foreign goods if…
Asian markets rebound, BOJ maintains easing
Asian shares continued their rally on Wednesday, as the Bank of Japan (BOJ) unexpectedly expressed caution about…
US’s 60% tariffs may slash China’s GDP in ’25 – UBS warns
UBS Group AG warned that imposing a 60 per cent tariff on all Chinese exports to the UScould reduce China's GDP by…
China’s exports forecast to surge on pre-tariff rush
China's exports are expected to reach a 15-month high in June as manufacturers expedite shipments before potential…
Microsoft eyes relocation for China-based AI staff
Microsoft is relocating 700-800 China-based employees specializing in machine learning and cloud computing due to…
China vows to retaliate as Biden raises tariffs
China vows to retaliate against US after Biden announces increased tariffs on $18 billion of Chinese imports,…
Biden harshly hikes tariffs on Chinese imports to protect US businesses
The Biden administration has taken decisive action to protect US businesses by significantly increasing tariffs on…
US urges China to revise policies impacting new industries
US Treasury Secretary Janet Yellen warned China that the US will not tolerate new industries being harmed by…
Argentina to pay its IMF debt with yuan due to dollar shortage
For the first time, Argentina paid $2.7 billion to the International Monetary Fund (IMF) in a payment that came in…
China’s exports up 8.5% in April
Chinese exports grew by 8.5 percent in April and reached $295.4 billion, according to customs data announced on…
Yuan, Aussie fall on US tariff report; yen on defensive
The Chinese yuan dropped in offshore trade and the Australian dollar slipped on Wednesday on a report the U.S.…
Gold inches up to one-week high amid trade tensions
Gold rose to a one-week high early on Wednesday, rebounding from a seven-month low touched in the previous session,…