カテゴリー: Tariffs
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…
Since Trump’s first trade war with China in 2018, Beijing has ramped up trade with other countries, making it less dependent on the USThe opening shots seem like a distant memory. Back in January, US president Donald Trump threatened to impose a tariff…
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…
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…