United States and China held direct trade talks in Geneva on Saturday, with discussions expected to continue on Sunday, according to an official, reported Associated Press. The meetings are part of efforts to ease tensions that have triggered steep tariff hikes and increased economic uncertainty worldwide. US treasury secretary Scott Bessent and trade representative Jamieson […]
China on Sunday called upon the US government to “completely cancel” reciprocal tariffs imposed by the Donald Trump administration which has taken the total levies to 145% on the Asian nation.“We urge the US to… take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the […]
In a significant policy adjustment, the Trump administration has announced exemptions for smartphones, computers, semiconductors, and other high-tech electronics from its newly imposed global tariffs. The move, revealed in a Saturday notice by the US customs and border protection office, is expected to ease cost pressures on American consumers while tempering the impact of sweeping […]
Asian markets and US stock futures tumbled on Thursday after Donald Trump unveiled a sweeping increase in tariffs on imports from across the globe, escalating trade tensions and sending investors into a frenzy.Tokyo’s Nikkei 225 index dropped more than 3.4 per cent before a slight recovery, closing 2.9 per cent lower at 34,699.52. South Korea’s […]
File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump on early Wednesday launched a scathing attack on four Republican senators, accusing them of siding with Democrats in a bid to block his controversial tariffs on Canadian imports.In an early-morning post on Truth Social, Trump called out Senate minority leader Mitch McConnell […]
