Printed on Apr 05, 2025 12:32 AM IST The U.S.-China commerce battle has escalated dramatically as Beijing introduced 34% reciprocal tariffs on all U.S. imports, efficient April 10, in retaliation to President Donald Trump’s related transfer on April 2. China accused the U.S. of “unilateral bullying” and labeled the tariffs as “financial warfare,” additional straining…
China’s finance ministry introduced on Friday that it has slapped a further 34 per cent tariff on all US items from April 10, in a tit-for-tat transfer towards President Donald Trump’s tariffs. The ministry additionally introduced export controls on medium and heavy rare-earths, together with samarium, gadolinium, terbium, dysprosium, lutetium, scandium, and yttrium, efficient from…
Taipei, Taiwan — The Chinese language army introduced large-scale drills within the waters and airspace round Taiwan on Tuesday that embody an plane service battle group, because it once more warned the self-ruled island democracy in opposition to in search of formal independence. The joint workout routines contain navy, air floor and rocket forces and are…
Dhaka, Chief Adviser Professor Muhammad Yunus returned to Dhaka on Saturday, wrapping up his four-day official tour to China throughout which he met President Xi Jinping and signed 9 agreements with Beijing. Chief Adviser Yunus returns after four-day China go to As he launched into his return journey, Yunus stated in China that it’s “necessary”…
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Chinese language Premier Li Qiang urged international locations to open their markets to fight “rising instability and uncertainty” at a enterprise discussion board in Beijing on Sunday, as China braces for additional U.S. tariffs. learn extra Premier Li Qiang mentioned China is ready for “shocks that exceed expectations” because the world anticipates U.S. President Donald…
Chinese language President Xi Jinping. (File photograph) US President Donald Trump is escalating his world commerce struggle, focusing on not simply China but in addition allies like India. As a part of his “America First” financial technique, Trump introduced that India will face reciprocal tariffs beginning April 2, claiming that the nation imposes a few…
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The go to comes as Beijing seeks to reassure international traders amid ongoing financial headwinds and a cooling enterprise local weather. Xi has ramped up engagement with the non-public sector in latest months, following a interval of regulatory crackdowns and slowing development learn extra A number of prime international executives, together with Qualcomm’s Cristiano Amon…
The long-running actual property disaster has depressed client confidence and spending. Actual property funding fell 9.8 per cent within the first two months of the yr, the statistics bureau mentioned. The excellent news is that actual property value declines have slowed, although they’ve but to backside out. Costs for each new and present houses fell…
President Trump’s imposition of blanket 25% tariffs on all items imported from Canada and Mexico drew swift vows of retaliation from the US’ fast neighbors on Tuesday. China, which was hit with a second 10% tariff on U.S. exports since Mr. Trump took workplace, bringing the overall levy to twenty%, instantly introduced its personal reciprocal…
Two days after US President Donald Trump berated Ukrainian chief Volodymyr Zelensky on the White Home on stay tv, European leaders met in London to current a united entrance to assist him. They agreed on a plan to realize peace in Ukraine with some safety ensures, although they nonetheless need the US to supply army…
