Reciprocal tariffs on China were raised to 125% by Trump. US President Donald Trump on Wednesday announced a 90-day pause on the rollout of reciprocal tariffs on most countries, with the exception of China. US stock markets reacted positively to the news, showing remarkable gains. The S&P 500 index climbed 5.7% after recovering from a…
In a moment that quickly went viral, President Donald Trump turned a political disagreement into a personal spectacle, delivering a bizarre and scathing attack on Democratic Senator Adam Schiff. With cameras rolling and supporters laughing, Trump mocked Schiff’s physical appearance. “Adam Schiff has the smallest neck I have ever seen and the biggest head we…
India and China should stand together to overcome challenges posed by tariffs imposed by US President Donald Trump’s administration, the spokesperson for the Chinese Embassy in India said on Tuesday. “China-India economic and trade relationship is based on complimentarity and mutual benefit. Facing the US abuse of tariffs… the two largest developing countries should stand…
US President Donald Trump on Monday threatened China with a whopping 50 per cent additional tariff, on top of the 34 per cent levy on Chinese imports announced a few days back. Besides, Trump has given China one day to undo its 34 per cent reciprocal tariffs announcement on US imports, and said the additional…
US President Donald Trump, who had initially expressed frustration over China’s decision to retaliate with 34 per cent tariffs on American goods, appeared to soften his stance on the issue by offering a potential solution to the trade standoff. Trump offered to lower US tariffs on Chinese goods if China lets TikTok sell its US…
China issued a scathing rebuke to the United States over its tariff hike, accusing Washington of economic bullying and warning of serious consequences for the global trading system. The response came as a global stock markets tumbled, with China attributing the sharp declines to President Donald Trump’s latest round of tariffs.China’s foreign ministry spokesperson Guo…
Global stock markets plunged Friday after China retaliated against the US with steep new tariffs, intensifying a trade war that investors fear could tip the world into recession. Despite a strong US jobs report, panic selling swept Wall Street and Europe, as investors braced for what many now see as an economic reckoning.The S&P 500…
China’s finance ministry announced on Friday that it will impose an additional tariff of 34 per cent on all U.S. goods from April 10, retaliating against sweeping levies imposed by US President Donald Trump. The move comes a day after Beijing urged Washington to withdraw its latest tariffs and warned of countermeasures to protect its…
Donald Trump (File photo) Relief that Donald Trump will hold off from imposing China-specific tariffs on his first day in office propelled US equity futures higher on Monday. The dollar slumped. The new administration has pivoted toward starting his second term with potential engagement with Beijing rather than another trade war. Trump plans to issue…