trade – Page 10

Xi makes a case for free trade, presenting China as a source of ‘stability and certainty’

Xi Jinping and Luong Cuong (AP) BANGKOK: Chinese leader Xi Jinping is making the case for free trade as he tours Southeast Asia this week, presenting China as a source of “stability and certainty.” On Monday, he was welcomed to Hanoi with pomp and ceremony by Vietnam’s President Luong Cuong. He arrived in Kuala Lumpur, […]

US China Trade War Latest News: Did China top official troll JD Vance calling Americans ‘peasants’?

Chinese official Xia Baolong called Americans peasants in his trade war jibe. JD Vance recently used the word ‘peasants’ for Chinese people. Vice president JD Vance recently used the term ‘peasants’ when he spoke about Donald Trump’s tariffs and how US borrows money from “Chinese peasants” to buy things that “Chinese peasants manufacture”. Beijing condemned […]

China orders halt to Boeing jet deliveries as trade war with US intensifies

Representative image/AI generated Amid the ongoing trade conflict with the United States of America, China has told its airlines not to take any more deliveries of Boeing Co planes, Bloomberg reported. This move follows US President Donald Trump’s decision to impose tariffs of up to 145 per cent on Chinese goods.Chinese carriers have also been […]

Trade war: How India could be Trump’s trump card in ‘encircling’ China

India stands apart in Trump’s Asia policy. (AI image for representation only) US President Donald Trump’s economic team is rapidly advancing a new global strategy to box in China – not just with tariffs, but with alliances. At the center of this plan? India.Treasury secretary Scott Bessent, emerging as Trump’s surprise lead negotiator, has outlined […]

China urges UK to avoid ‘politicising’ trade after British Steel spat | World News

Beijing warned Britain on Monday against “politicising” an unfolding spat over the future of Chinese-owned British Steel after legislation was approved to prevent the shutdown of the last British factory that can make steel from scratch. A spokesman for China’s foreign ministry urged the British government on Monday to “avoid politicising trade cooperation or linking […]

‘Tariffs don’t bring manufacturing back. They’re just a tax on Americans’: China targets US public amid escalating trade war

As tensions deepen in the US-China trade war, Beijing appears to be shifting tactics by addressing the American public directly, instead of engaging solely with the Trump administration. In its latest effort, China has launched a social media campaign to counter the prevailing belief among many Americans that tariffs imposed by President Donald Trump primarily […]

New tariffs ‘coming soon’: US trade secretary says duty exemptions for electronics temporary

US administration’s recent decision to exempt various electronic devices from tariffs introduced earlier this month is not permanent, said commerce secretary Howard Lutnick on Sunday.He clarified that these products would soon face “semiconductor tariffs,” expected to be implemented within “a month or two.”Speaking at ABC news’ ‘This Week’ programme, Lutnick said, “All those products are […]

Tariff standoff intensifies: China rallies allies as Trump’s trade war narrows to US vs Beijing

In a dramatic escalation of the global trade standoff, China is rallying international support in response to US President Donald Trump’s steep new tariffs — but it’s finding limited success as countries weigh economic pragmatism against political allegiance.This week, the White House hiked tariffs on Chinese imports to a staggering 125%, accusing Beijing of unfair […]

‘They were stupid, incompetent’: Amid trade war with China, Trump blames Biden, Obama

NEW DELHI: US President Donald Trump on Thursday launched a scathing attack on his predecessors Joe Biden and Barack Obama, calling them “stupid” and “incompetent” for not taking on China earlier over trade issues.“I happen to pick the Resolute Desk, but I blame the people sitting behind this desk for being stupid and incompetent and […]

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, […]