China Escalates Trade War
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AOL |
Vietnam is hoping to get the duties reduced to a range of 22% to 28%, if not lower, according to three people with knowledge of the matter.
Time |
China announced countermeasures on Friday, raising tariffs on U.S. goods from 84% to 125% starting Saturday.
Reuters |
The upheaval erased trillions of dollars from stock markets and led to an unsettling surge in U.S. government bond yields that appeared to catch Trump's attention.
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Beijing on Friday increased its tariffs on U.S. imports to 125%, hitting back against President Donald Trump's decision to hike duties on Chinese goods to 145%.
China's e-commerce giant JD.com announced on Friday it will launch a 200 billion yuan ($27.35 billion) fund aimed at helping the country's exporters sell their products domestically, as a U.S.-China trade war intensifies.
Beijing, which imports far fewer goods from the U.S. than it exports, is considering a range of nontariff measures amid growing trade tensions between the world’s two biggest economies.
23hon MSN
Taiwanese President William Lai promises an uncompressing stance against both domestic and foreign pro-CCP influence operations amid rising tensions between Taipei and Beijing.
Chinese officials shocked their American counterparts during a secret meeting where they allegedly revealed that Beijing was behind a series of cyberattacks against the US due to
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European Union leaders are planning to travel to Beijing for a summit with Chinese President Xi Jinping in late July, the South China Morning Post reported on Friday citing five people familiar with the arrangement.
If sky-high U.S. tariffs hurt China’s exports, domestic spending will help make up for it, Beijing says. But shoppers were skittish even before the trade war.
The escalating trade conflict between the U.S. and China has reignited fears that Beijing could use financial markets to hit back at Washington. **China is one of the largest overseas owner
2hon MSN
China's economy likely slowed down in the first quarter while 2025 growth is expected to lag last year's pace, a Reuters poll showed, ramping up pressure for more stimulus as surging U.S. tariffs threaten to deal a damaging blow to the Asian giant.