June 8, 2025
Sydney 29

‘Unjustified trade war’: China hits out at ‘extreme selfishness’ of tariffs

China on Saturday slammed the “extreme selfishness” behind tariffs, indirectly referring to the steep duties imposed by US President Donald Trump, describing it as an “unjustified trade war.”According to the Chinese foreign ministry’s statement, top diplomat Wang Yi told his Uzbek counterpart Bakhtiyor Saidov on Friday that, “Certain countries” resort to “pressure and coercion, and […]

China willing to begin trade talks with US, but sets several riders

China has expressed its willingness to resume trade negotiations with the United States, provided that certain key preconditions are fulfilled. Among the primary demands is a call for greater diplomatic respect, a consistent US trade stance, attention to its concerns on sanctions and Taiwan, and the appointment of a lead negotiator with Trump’s full backing, […]

‘No one getting off the hook’: Donald Trump denies tariff rollbacks, ramps up pressure on China, tech sector

US President Donald Trump on Sunday doubled down on his hardline trade stance, declaring that no country — especially China — would be spared from his sweeping tariff agenda. Trump, in a post on social media rejected claims that his administration had granted tariff exemptions to certain tech products, saying, “NOBODY is getting ‘off the […]

How Trump’s tariff expert Peter Navarro made up a fake expert for his book ‘Death by China’ | World News

White House trade adviser Peter Navarro arrives before President Donald Trump speaks during an event to announce new tariffs in the Rose Garden of the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Evan Vucci) In the crowded theatre of Trump-era political performance, few characters are as darkly comedic—or as instructive—as Ron Vara, a […]

‘Mistake on top of a mistake’: China hits back at Trump’s additional 50% tariff threat

China vows to fight US tariffs ‘to the end’ China on Tuesday vowed to retaliate against the United States if President Donald Trump goes ahead with his threat to impose fresh 50 per cent tariffs on Chinese imports. Reacting to Trump’s new threat, China hinted of imposing more retaliatory tariffs on American products. Beijing said […]

Global stock markets tumble amid tariff war; Japan, China and India hit hard: 10 things to know

NEW DELHI: A global market rout intensified Monday following US President Donald Trump’s announcement of sweeping tariffs and Beijing’s retaliation with 34% duties on all US imports starting April 10.Stock markets across Asia plunged sharply, with investor sentiment collapsing as fears of a global trade war took hold. Analysts say over $9 trillion in market […]

‘Extremely dangerous’: Harvard professor raises red flag on Trump’s tariffs as markets tank

US President Donald Trump (Pic credit: AP) US stock futures plunged on Friday, pointing to deeper losses on Wall Street after China struck back with new tariffs in response to the Trump administration‘s sweeping import duties. The tit-for-tat move intensified investor concerns, sending global markets into a tailspin and wiping out trillions in equity value.The […]

China strikes back at Trump with own tariffs

China has struck back at President Trump on Friday. In a rapid fire series of policy announcements from Beijing, including 34% across-the-board tariffs, three Chinese govt agencies showed that China has no intention of backing down in the trade war that Trump began this week with his own steep tariffs on imports from around the […]

‘They’re ripping us off & they understood it’: Key takeaways from Trump’s tariff speech

US President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House (Pic credit: AP) US President Donald Trump on Wednesday announced a sweeping set of tariffs in what he called a declaration of “economic independence,” igniting fears of a global trade war. Speaking from the White […]