カテゴリー: Trump tariffs
Xi Jinping expected to present China as reliable partner in contrast to US, which imposed – then suspended – tariffs over 40% on some countriesUS politics live – latest updatesThe Chinese president, Xi Jinping, warned there would be “no winners” in a t…
President’s first stop is Vietnam as China urges US to end trade war and return to ‘right path of mutual respect’The Chinese president, Xi Jinping, will visit Vietnam on Monday as he begins a tour of south-east Asia where he will seek to strengthen tie…
Lasting damage has been done not only to Trump’s political credibility but to globalisation as a systemAt the beginning of this helter-skelter week, Downing Street was declaring globalisation not only dead but a failure. Now, only five trading days lat…
This blog is now closed, you can read the latest in our Ukraine coverage hereUkrainian defence minister Rustem Umerov has offered an update on talks and commitments made in Brussels, as he posted about Germany’s declaration it would offer €11bn in furt…
Chinese companies are relieved Trump’s wider tariffs have been paused but on social media, posts are full of defianceOn Thursday morning in Shanghai, as shoppers filled the luxury malls and delivery drivers whizzed around the winding streets at breakne…
Tech firm has reportedly flown 600 tonnes of handsets from Indian factories as Chinese goods face huge tariffsApple is reportedly chartering cargo flights to ferry iPhones from its Indian manufacturing plants to the US in an attempt to beat Donald Trum…
China’s 84% tariffs on US products come into force amid market relief after Trump suspends steep reciprocal tariffs elsewhereBusiness live – latest updatesDonald Trump’s trade war with China has entered a new phase, as Beijing’s 84% retaliatory tariffs…
In today’s newsletter: White House officials send mixed messages over Trump’s stunning U-turnGood morning. Two main pieces of news from Donald Trump yesterday: he has rolled back water efficiency standards to “make America’s showers great again”, becau…
At the world’s largest wholesale market, vendors have reduced their exposure to the US but fear the repercussions of a global economic shockIf you have ever bought a Christmas decoration, a button, an electric shaver or any other cheap manufactured pro…
Nirmala Sitharaman says turmoil forcing countries to seek accords beyond old ideological and political tiesIndia is seeking to strike more trade deals with other countries at a time of “global uncertainty”, its finance minister, Nirmala Sitharaman, sai…
China’s government says it will ‘fight to the end’ if the US continues to escalate the trade war, after Donald Trump threatened huge additional tariffs in response to Beijing’s retaliatory measures. A spokesperson for the Chinese foreign ministry said:…
Beijing accuses US of blackmail and adding a ‘mistake on top of a mistake’ as Wednesday deadline for latest levies loomsTariff market reaction –live updatesChina’s government says it will “fight to the end” if the US continues to escalate the trade war…
Trump’s tariffs are ‘a typical act of unilateralism, protectionism, and economic bullying,’ Lin Jian, a spokesperson for the Chinese foreign ministry, has said. Trump has slapped China, the world’s second-biggest economy, with additional 34% tariffs, b…
Myanmar, Cambodia and Laos hit with rates over 40% as experts say the real target is ChinaBusiness live – latest updatesDeveloping nations in south-east Asia, including war-torn and earthquake-hit Myanmar, and several African nations are among the trad…