US-China trade war: Beijing urges respectful dialogue ahead of high-level trade talks with Washington in Switzerland
US President Trump has signed executive orders to speed up drug approvals and pharma infrastructure construction in the US
Shein boosted spending 35 per cent in France and the UK, while PDD Group's Temu increased by 40 per cent and 20 per cent month-over-month
Slapping levies on an industry like film would mark a major extension of tariffs as a policy tool into services, for which the US runs a sizable trade surplus
Chinese exporters are using repackaging, mislabeling, and rerouting tactics to avoid steep Trump-era tariffs, raising alarm across Asian trade hubs and customs agencies
The action, however, follows move by China last month to moderately reduce the number of Hollywood films allowed in the country in retaliation for Trump's aggressive tariffs
While Trump did not name countries, he suggested trade deals may be finalised within weeks as talks progress with several nations including India amid tariff tensions and slowdown fears
The US is expected to push for sweeping changes in India's policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday. In the agri sector, the Global Trade Research Initiative (GTRI) said the US demands include scaling back India's minimum price support (MSP) programs for crops like rice and wheat, removing restrictions on genetically modified (GM) imports, and lowering farm tariffs. Similarly, on dairy, the US argues that India's GM-free feed certification and facility registration protocols effectively bar American dairy imports. Indian rules prohibit imports from animals fed with animal-derived feed, for example, butter from a cow fed meat due to religious sensitivities. "India considers this policy non-negotiable," GTRI Founder Ajay Srivastava said. He added that America may also seek easing of restrictions on US retail giants like Ama
Days ahead of the general election, Lawrence Wong said in a changed world his team's mission is clear: to steer Singapore through the storm, and secure a brighter future for Singaporeans. The economist-turned-politician Wong led his People's Action Party to a landslide win in Singapore's general election on Saturday. The tariff war triggered by US President Donald Trump dominated his campaign. Stating that both the US and China claim they do not wish to force countries to choose sides, but, in reality, each seeks to draw the other closer into their respective orbits, Wong pointed out how this rivalry is already reshaping the world and will continue to define the geo-political landscape for years to come. We are in the midst of a messy transition globally. To what? Nobody can tell, he said in April third week. Transition is not new for US-educated Wong, 52. In May last year, he had taken oath as the prime minister in a planned political transition in the city-state. Wong, who has
The first shipments of JLR vehicles bound for the US for almost a month left Britain on Wednesday
With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and Wednesday
US-Iran talks, scheduled for May 3rd, have been postponed due to 'logistical reasons'
Trump last month signed an executive order closing a loophole that has allowed items from China and Hong Kong valued at no more than $800 to enter the US without customs declarations and import duties
Donald Trump, through his remarks, has tried to reassure Americans that the tariffs will not result in a recession
According to WSJ report, Tesla's eight-member board is also seeking to appoint an independent director
Trump went on to agree there was a significant political risk to his efforts, and that they could result in Republicans losing control of the House of Representatives
Ford Motor Company's top executive on Wednesday welcomed revisions to auto import rules but said more work is needed to craft trade policies that spur growth in the US auto industry. Ford CEO Jim Farley touted his company's domestic production, saying it outpaces competitors, as he attended the rollout of the company's 2025 Expedition SUV at its massive truck plant in Kentucky. Farley focused on trade policies during his remarks to plant workers, a day after President Donald Trump signed executive orders to relax some of his 25 per cent tariffs on automobiles and auto parts. The changes this week on tariff plans will help ease the impact of tariffs for automakers, suppliers and consumers, Farley said. But this is what we really care about. We need to continue to work closely with the administration on a comprehensive set of policies to support our shared vision of that healthy and growing auto industry. And we are not there yet. Farley pointed to Ford's Kentucky Truck Plant, which
China's Private Economy Promotion Law aims to level the playing field for private firms, protect against unfair treatment, and revive business confidence amid US trade tensions
Investors have placed their bets on Niccol's turnaround strategy for the brand, whose sales have fallen for four straight quarters
Since the imposition of a 145% tariff on Chinese imports in the US, American logistics firms have reported a sharp decline in container bookings