For months, bubbling trade tensions between China and the US seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust trade hostilities back in…
​If you thought the US-triggered tariff wars will subside anytime soon, you couldn’t have been more wrong! In a significant development, US President Donald Trump on Friday announced a fresh 100 per cent tariff on all Chinese goods, in addition to any existing levies on specific categories. The latest announcement, made after the market hours…
US-China Trade Tensions: The Ministry of Foreign Affairs of China has issued a sharp response to the United States following Washington’s suggestion that it may significantly raise tariffs if China continues to purchase oil from Russia. In a statement posted on social media, China reaffirmed its stance on energy independence and national sovereignty.  Response…
China on Tuesday slammed the United States for linking punitive tariffs to the fentanyl crisis, calling it an unjust move that undermines bilateral cooperation and unfairly targets Chinese imports.The Chinese Foreign Ministry stated that the opioid crisis is an internal issue for the US to resolve and urged Washington to engage in constructive dialogue rather than…