June 8, 2025
Sydney 29

US & China agree to cut tariffs for 90 days in bid to defuse trade war

NEW DELHI: The US-China trade deal has increased the headache for Indian negotiators, who are once again headed to Washington DC to discuss the proposed bilateral trade deal.While signalling movement towards a deal between the world’s two largest trading nations, the 90-day truce, which will see them slash tariffs by 115 percentage points, opens the […]

US announces trade deal with China after two days of negotiation in Geneva: ‘Differences were not so large’

US announces trade deal with China The US on Sunday announced that it had struck a trade deal with China after two days of negotiation facilitated by the Swiss government in Geneva. The details of the deals have not been announced yet.The weekend talks marked a significant step toward thawing US-China trade relations as ahead […]

China’s consumption slide deepens as tariff war bites

China’s consumer prices continued to fall in April, marking the third consecutive month of decline(AP) BEIJING: China said Saturday that consumer prices slumped in April for the third straight month, reflecting persistent challenges as leaders attempt to revive an economy stymied by sluggish spending and a fierce trade war with Washington.The world’s second-largest economy has […]

Two dolls instead of 30? Toys become the latest symbol of Trump’s trade war | World News

NEW YORK : President Donald Trump‘s tariffs crusade has taken aim at a number of foreign goods, from European wines and car parts from Mexico to films made abroad. Lately, the president’s wandering ire has found another rhetorical poster child: toy dolls. Trump asserted that children will be fine having two dolls – perhaps three […]

‘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 says no tariff talks with US, even as Trump insists otherwise

China has insisted it is not holding trade negotiations with the United States, despite President Donald Trump’s claim that he had received a call from Chinese leader Xi Jinping. In an interview with Time magazine published Friday, Trump did not specify when the alleged conversation occurred or what was discussed, simply saying, “He’s called. And […]

‘Trump chickened out’ trending on Chinese social media as China says no tariff negotiation going on with the US

Wall Street Journal says China has won this round of the trade war as President Trump blinked first. The US-China trade war took a new turn with China on Thursday denying what President Donald Trump has been claiming over the past few days — that trade talks are going on actively with all countries, including […]

‘China wants to meet’: US President Donald Trump makes big claim as trade war intensifies with Beijing

US President Donald Trump on Thursday claimed that China was willing to have a meeting amid the growing tensions between the two nations as tariff war escalated. However, there has been no confirmation from the Asian nation regarding any official meeting.While informing about his “productive” talks with Mexico, Japan, Trump said, “Had a very productive […]

Chess v checkers: US and China blunder into stalemate

The TOI correspondent from Washington: Pride and prejudice stand in the way of China and the US making the first move to break the trade and tariff stand-off that is starting to strangle global commerce. The Trump White House is saying the ball is in China’s court to initiate talks and Beijing is demanding “respect” […]

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 […]