China, Trump
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The total value of goods exchanged between the US and China plunged below 2020's pandemic era low in the second month of the new tariff war between two nations.
The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs. China has for years been the biggest exporter of clothes to the U.
Copper demand has surged in recent years as the world transitions to cleaner energy. Read more at straitstimes.com. Read more at straitstimes.com.
President Donald Trump on Wednesday announced a new round of tariffs targeting six additional trading partners. Beginning Aug. 1, the
European Commission President Ursula von der Leyen said that there needed to be a “genuine rebalancing” in the China-Europe relationship.
Bangladesh is one of those nations that face pressure from Washington to decouple their manufacturing industries from Chinese suppliers, according to officials familiar with trade negotiations.
Vietnamese Prime Minister Pham Minh Chinh and China's Premier Li Qiang have agreed to boost trade and investment ties between the two countries during a meeting on the sidelines of the BRICS summit in Brazil,
Relying on Asian suppliers is no longer a safe bet for many factories in Mexico. Companies are racing to change, and they are being encouraged by the government.
China cuts tariffs on US exports, agrees to other trade measures. In turn, the Chinese government has agreed to reduce its retaliatory tariffs on U.S. exports for 90 days from 125% to 10%.
China said Thursday that "arbitrary" tariffs such as the 50 percent levy on copper announced by US President Donald Trump on national security grounds "serve no party's interests".
China’s technology giants are set to shrug off the impact of higher US tariffs as their outlook is now far more dependent on local consumer sentiment, according to Baillie Gifford & Co.