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 President Donald Trump held a call with China’s Xi Jinping on Friday as both sides moved closer to a deal that would allow TikTok to continue operating in the US, the Chinese Embassy in the United States confirmed in a post on X. The conversation is being seen as a possible prelude to a…
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…
US President Donald Trump on Friday threatened Apple and other smartphone manufacturers with a 25 percent tariff unless their devices are built in the United States. Trump initially said the tariff would apply only to Apple — an unusual move to single out a specific company in trade policy. However, he later expanded the threat…