trade – Page 12

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

Trump says countries are ‘kissing my ass’ wanting to make trade deals

[ad_1] TOI correspondent from Washington: MAGA supremo Donald Trump claimed on Tuesday that many countries are calling him and “kissing my ass… dying to make a deal” after he unleashed a tariff war that has upended global trade. In a speech at a Republican Congressional Committee dinner, the US President did not identify any countries […]

‘Will make world trade better for US’: Trump declares full support for ‘one, big, beautiful bill’

[ad_1] US president Donald Trump on Monday declared full support for the Senate’s newly approved budget plan.Posting on Truth Social, Trump wrote that the bill includes “all the elements we need”—from permanent tax cuts to major spending reductions and border security. “The budget plan just passed by the United States Senate has my complete and […]

‘Me stabbing Xi’: SNL decodes Donald Trump’s trade tariff formula | World News

[ad_1] On April 5, Saturday Night Live opened with James Austin Johnson’s Donald Trump standing at a podium, selling the American public on his latest economic strategy: tariffs, or as he calls them, “short for terrific idea.” The sketch was inspired by Trump’s real-life April 2 press conference, where he used a baffling chart to […]

UK ‘stands ready’ to intervene as Trump’s US tariffs disrupt global trade order: PM Starmer

[ad_1] UK Prime Minister Keir Starmer on Sunday declared that the United Kingdom is prepared to deploy direct state intervention to protect British industries from the shockwaves of sweeping tariffs imposed by US President Donald Trump.Writing in The Sunday Telegraph, Starmer said the world had entered a new era where the “old assumptions can no […]