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China’s retaliatory tariffs on US goods officially came into effect on Monday, signaling a new escalation in the ongoing trade war between the world’s two largest economies. This development follows closely on the heels of Washington’s imposition of fresh tariffs on Chinese products, as tensions rise over trade imbalances, technology disputes, and geopolitical rivalry. Beijing […]
China has hit back at the United States with a fresh wave of tariffs on key American exports, intensifying trade tensions between the world’s two largest economies. The Chinese Ministry of Finance announced that it will impose a 15 percent tariff on imports of coal and liquefied natural gas (LNG) from the United States, along […]
In an urgent warning to the Trump administration, a prominent car parts manufacturer has highlighted the potential negative impacts of President Donald Trump’s tariffs on Mexican imports. The company, which operates within the automotive sector, cautioned that the proposed tariffs—intended to reduce the U.S. trade deficit and boost domestic manufacturing—could lead to significant disruptions in […]
In a world already fraught with economic uncertainty, former President Donald Trump’s renewed threat of imposing a 10% tariff on Chinese imports is sending shockwaves through global financial markets. China’s stock market and currency, the renminbi, have been particularly affected by the announcement, sparking widespread concerns about the future trajectory of both the Chinese economy […]
