Beijing, China: China said on Monday that the export of 12.4 percent increases from year to year last month, meeting expectations that Beijing was provoked by Navigate growing trade headwind by US President Donald Trump. Beijing’s general administration said the figure was doubled by an estimated 4.6 percent in the Bloomberg survey, although imports fell … Read more
Washington: us President Donald Trump His Chinese counterpart, Xi Jinping, was called by the “Smart Man” between a trade war between the two countries that have triggered an economic storm worldwide. The world’s two largest economies are at one crossroads Trump put tariffs on China And Beijing announced retaliation measures. “I think President Xi is … Read more
Beijing: China on Thursday said it “firmly opposes” sweeping new US tariffs on its exports and vowed “countermeasures to safeguard its own rights and interests”. US President Donald Trump has ignited a potentially ruinous global trade war after imposing 10 percent levies on imports from around the world and harsh extra duties on key trading … Read more
Hong Kong: Equity markets suffered a bloodbath Thursday after Donald Trump delivered a “haymaker” blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation. Tokyo’s Nikkei led an Asian selloff, collapsing more than four per cent, while US futures plunged, safe … Read more
(Bloomberg) — The head of Canadian jet manufacturer Bombardier Inc. raised concerns about Canada’s decision to review a contract to buy dozens of F-35 fighter jets from Lockheed Martin Corp., the country’s latest response to the trade war with the US. “Canceling the F-35s might be a good idea, but we need to think about … Read more
LA MALBAIE: Diplomats from the G7 nations reached a deal on a joint statement aimed at showing unity on Friday after weeks of tension between US allies and President Donald Trump over his upending of Western trade, security and Ukraine-related policy, three G7 officials said. The diplomats said the statement, an all-encompassing document touching on … Read more
Charlevoix: US Secretary of State Marco Rubio is set to meet his Canadian counterpart at a G7 gathering Thursday, but discussion of American annexation threats has been ruled off-limits at talks expected to be dominated by efforts to agree a ceasefire in Ukraine. Rubio arrived in the town of Charlevoix on the banks of the … Read more
Canada is the biggest foreign supplier of steel and aluminum to the United States. (Representational) Canada will announce C$29.8 bln in retaliatory tariffs on the United States on Wednesday in response to US President Donald Trump’s steel and aluminum tariffs, a Canadian official said. The official declined to be named. Trump’s increased tariffs on steel … Read more
Canadian Prime Minister Justin Trudeau has vowed to fight back against the United States’ sweeping tariffs on Canadian imports, calling it a “trade war” that will “first and foremost harm American families”. Trudeau emphasised that Canadians are “reasonable” and “polite,” but will not back down from a fight, especially when the country’s well-being is at … Read more
As US President Donald Trump unveiled sweeping tariffs on Canada, China and Mexico, billionaire investor Warren Buffett called the move an “act of war”. “Tariffs are actually – we’ve had a lot of experience with them – they’re an act of war, to some degree,” Buffett told CBS on Sunday. The 94-year-old, who is viewed … Read more
Prime Minister Narendra Modi has arrived in the United States on Thursday (local time) for a bilateral meeting with President Donald Trump. PM Modi’s visit to the White House, scheduled for February 12-13, marks the fourth week of Trump’s second term in office. The meeting between the two leaders comes amid heightened tensions surrounding Trump’s … Read more
Washington: US President Donald Trump on Monday made good on a promise to slap 25 percent tariffs on steel and aluminum imports, stepping up a long-promised trade war despite warnings from Europe and China. The Republican president had unveiled the policy on Sunday aboard Air Force One while flying to the Super Bowl in Louisiana. … Read more