International trade

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Xi announces plan for Chinese economy to counter impact of US trade war

Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products Business live – latest updatesXi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as…

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‘The sky won’t fall’: China plays down Trump tariff risks as stock markets rally

Chinese customs official says trade has diversified away from US in recent years and plays up its ‘vast domestic market’China has played down the risk of damage to its exports from Donald Trump’s tariffs, with an official saying the “sky won’t fall,” a…

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‘No winners’ in a trade war, says China’s Xi as he heads to Vietnam on charm offensive

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…

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US-China trade war intensifies as Beijing’s tariffs come into effect after Trump pause

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…

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Tariffs driving India to strike trade deals, finance minister says ahead of UK talks

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…

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China vows to ‘fight to the end’ against latest Trump tariff threat

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…

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Asian countries riven by war and disaster face some of steepest Trump tariffs

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…

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Fair and Square? Chinese retail chain’s expansion rankles Kenyan rivals

Local business owners in Nairobi said the rapid expansion of China Square had created an uneven playing fieldOn a cool Friday morning in an expansive mall in Nairobi, dozens of people thronged outside a retail store covered in colourful banners, balloo…

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China has reacted in kind to Trump’s tariffs, but a deal may still emerge

Beijing will defend its core interests, but its initial response is more cautious than when Trump imposed levies in 2018Moments after Donald Trump introduced tariffs of 10% on Chinese goods, Beijing retaliated with countermeasures.China’s finance minis…

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