trade war

Asian stock markets plummeted on Thursday as investors grew increasingly concerned about the escalating trade tensions between the United States and China. The downdraft came after President Donald Trump threatened to impose new tariffs on China, reigniting fears of a full-blown trade war. The sudden deterioration in market sentiment was...

The recent market rebound has brought a sense of relief to investors, but beneath the surface, concerns are simmering about the escalating tensions between the United States and China. As the two global economic giants engage in a delicate dance of diplomacy and trade negotiations, analysts are warning that a...

The trade war between the United States and China has reignited, with both sides trading blows and showing no signs of backing down. The latest escalation came as China announced new controls on rare earth metals and products made from them, prompting President Trump to hit back with a threat...

In a bid to counterbalance the surge in Chinese steel imports triggered by US President Trump’s tariffs, European officials are proposing a significant overhaul of the European Union’s steel import policies. The plan involves drastically reducing the bloc’s quota on tariff-free steel imports, while simultaneously doubling the levies on imported...

The sprawling Global Digital Trade Expo in Hangzhou, China, concluded recently, showcasing the country’s determination to push back against US efforts to restrict its technological advancements. The event, which boasted an impressive array of cutting-edge gadgets and innovative solutions, served as a testament to China’s ambition to remain at the...

In a move that is likely to have far-reaching implications for the US furniture and construction industries, the Trump administration has unveiled a detailed plan for imposing tariffs on imports of kitchen cabinets, furniture, and timber. According to sources close to the White House, the tariffs are set to be...

The tariffs imposed by the Trump administration are taking a toll on some small businesses, which are struggling to absorb the increased costs of importing goods. For these smaller companies, the threat of tariffs is more than just a financial burden – it’s a existential crisis. Many fear that if...

In a move that is likely to escalate tensions with foreign trading partners, President Trump has imposed tariffs on imported goods such as drugs and furniture, leveraging national security laws that are not currently within the scope of ongoing lawsuits. This development suggests that the Trump administration is seeking to...

The recent announcement of new tariffs by the Trump administration has sent shockwaves across Asia, a region that accounts for approximately 40 percent of US imports. Despite weeks of intense negotiations aimed at finalizing trade deals, countries in the region are reeling from the uncertainty and unpredictability of the ongoing...

In a bold move to protect American industries, President Trump announced that he will impose tariffs on a range of imported goods, including prescription drugs, trucks, and household furnishings. The tariffs, which will come into effect next week, are set to range from 25 to 100 percent, according to the...