July 7, 2025
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‘Privileged to do so’: Donald Trump delays 50% tariff on EU goods to make room for talks

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday announced a delay in implementing a proposed 50 per cent tariff on goods from the European Union, pushing the deadline from June 1 to July 9 in a bid to give trade negotiations with the bloc more time.The decision followed a phone […]

Temu halts shipping goods from China directly to US customers

Temu, the Chinese e-commerce giant, has stopped shipping products directly from China to US customers. Instead, all orders will now be fulfilled from warehouses within the United States, a company spokesperson confirmed Friday.The move comes following the closure of a provision that previously permitted Chinese-made products valued up to $800 to enter the United States […]

US-China trade war intensifies: Beijing raises tariffs on US goods to 84% after Trump’s 104% duty move

The US-China trade war deepened dramatically on Wednesday as Beijing announced a sweeping hike in tariffs on American goods, raising rates from 34% to 84%, just a day after President Donald Trump’s new 104% tariffs on Chinese imports came into force.Calling the US action a violation of trade norms and a threat to global stability, […]