Page 68 - China

'TikTok deal was close, but China changed because of tariffs,' says Trump

Trump stated that China would have approved the deal in 15 minutes if he had given a cut in tariffs

Financial deficits with China, EU can only be cured with tariffs: Trump

Donald Trump also criticised the trade surplus with these countries under former President Joe Biden

Best of BS Opinion: Trump's tariffs generate differing global reactions

Our editorial page today addresses various topics, including global reactions to Trump's tariffs, the future of BIMSTEC, and a look at NVidia's CEO Jensen Huang

India, China, rich nations; must help in crises like Myanmar quake: US

Describing India and China as rich countries, US Secretary of State Marco Rubio said while America is willing to continue to help those affected by the Myanmar earthquake, other countries should also pitch in to provide humanitarian assistance during such crises worldwide. "Well, we're not the government of the world. No, we will provide humanitarian assistance just like everybody else does and do it the best we can. But we also have other needs we have to balance that against. We're not walking away from humanitarian assistance, Rubio told the media at NATO Headquarters in Brussels on Friday. Rubio was responding to a question about the earthquake and how the US offered help during such incidents by saving lives on the ground through special equipment and experts. Rubio was asked if that was not happening because of the dismantling of the United States Agency for International Development (USAID). There's a lot of other rich countries in the world. They should all be pitching in.

Taiwan's security chief to meet Trump admin amid US-China tensions, tariffs

Taiwan will have a 'special channel' meet with the United States administration amid Trump tariffs and growing tensions between China and US, as well as China and Taiwan

Taiwan detects 12 Chinese aircraft, six naval vessels near its territory

Of the 12 aircraft sorties, nine crossed the median line of the Taiwan Strait and entered Taiwan's southwestern and eastern Air Defense Identification Zones (ADIZ)

US tariffs: Govt tightens vigil on China imports amid dumping concerns

The department of commerce has been holding back-to-back internal meetings headed by commerce secretary Sunil Barthwal to firm up a strategy on how to prepare if such a situation arises

Best of BS Opinion: As populists pound the podium, common sense retreats

Today's columns revolve around the backlash to globalisation that has made populism popular, even when it flies in the face of the people's best interests

Tariff tantrums and geopolitical turbulence: Shifting India-China ties

The US was already losing its economic heft to China, even with respect to its treaty allies and partners in Asia

Piyush Goyal's dig at startups, Modi-Yunus meet, China's tariffs on US & more

Speaking at the Startup Maha Kumbh, Union Commerce Minister Piyush Goyal took a swipe at India's startup ecosystem, stating that while Indian startups are fixated on food delivery.

They played it wrong, warns Donald Trump on China's reciprocal tariffs

China's countermeasure follows the US' announcement on April 2 of a 34 per cent reciprocal tariff on Chinese goods

Higher US tariffs on rival manufacturing hubs can benefit India: MAIT

The 26 per cent tariffs imposed by the US on India may create some headwinds, but relatively higher levies on competing nations may hand India an edge, tilting the scales in its favour and increasing its appeal in global supply chains, according to electronics and IT hardware industry body MAIT. Manufacturing hubs such as China face a 54 per cent levy, Vietnam (46 per cent), and Thailand (36 per cent) as a result of the US' sweeping tariff actions, which have since spooked financial markets and trade partners. India's USD 7-billion smartphone exports to the US may face some pressure due to evolving trade policies, but the real advantage lies in the comparative tariffs imposed on competing nations, Manufacturers Association for Information Technology (MAIT) said. "While US trade barriers could theoretically dampen India's export volumes, the higher reciprocal tariffs on China and Vietnam create a relative advantage for Indian manufacturers. This discrepancy tilts the scales in India'

China hits back with 34% tariff on US goods after Trump's trade salvo

China hits back at Trump's tariff hike with a 34% duty on all US goods from April 10, escalating tensions as fears of a deepening trade war between the two growing nations

India ranks 10th with $1.4 billion private investment in AI: UN report

India ranks 36th out of 170 nations on a global index measuring a country's readiness for frontier technologies, improving its ranking from last year, according to the report

US reciprocal tariffs: Exporters flag concerns of dumping from China

Till now, American buyers were already keeping their orders on hold owing to the lack of clarity on reciprocal tariffs

PM Modi's Sri Lanka visit aims to counter China's growing influence

Investment in the Port City, seen as a micro version of the Dubai International Financial Centre, is, however, not a priority for India

Fitch cuts China credit rating on debt risks amid trade tensions

The downgrade came a day after President Donald Trump imposed sweeping tariffs on imports from US trading partners, with China among the hardest-hit

TikTok faces fine over $553 million for illegally shipping EU data to China

Ireland's data protection commission, the company's main regulator in Europe, will issue the penalty against TikTok before the end of the month

No love in China? US bans diplomats from dating Chinese nationals

The US has banned diplomats in China from romantic or sexual relationships with Chinese citizens, citing security concerns, in a policy reminiscent of Cold War-era restrictions

Global leaders vow countermeasures as Trump imposes 'reciprocal tariffs'

Goods from Canada and Mexico are not currently subject to reciprocal tariffs because Trump's prior 25 per cent fentanyl-related duties remain in place on their goods