Page 10 - Us China Trade War

Adidas, Shein, Walmart to hike product prices in US after Trump's tariffs

Some retailers in the US have cautioned that they won't, as Trump suggested, eat the additional costs caused by the increased import taxes

Asean opens summit with Gulf nations, China amid Trump tariffs threat

A regional association of Southeast Asian nations is set to hold a three-way summit Tuesday with China and six Gulf countries in what officials called an effort to bolster economic resilience as they grapple with global volatility and US tariffs. Malaysian Prime Minister Anwar Ibrahim, opening a summit in Malaysia's capital Kuala Lumpur between the 10-member Association of Southeast Asian Nations and the Gulf Cooperation Council, said a stronger ASEAN-GCC relationship would be key to enhancing interregional collaboration, building resilience and securing sustainable prosperity. Chinese Premier Li Qiang will join the two blocs in their first such meeting later Tuesday, as Beijing seeks to present itself as a reliable ally to the region. I believe the ASEAN-GCC partnership has never been more important than it is today, as we navigate an increasingly complex global landscape marked by economic uncertainty and geopolitical challenges, Anwar said. Malaysia is the current chair of ASEAN

Why is Emkay Global constructive on Indian equities? Check why, top picks

With most of the events taking a back seat, the markets have been trading sideways, looking for a direction; Here's what Emkay recommend

China updates free trade deal with Asean as US tariff war escalates

China and Asean conclude negotiations to modernise their 15-year-old FTA, even as Beijing and Washington agree to a 90-day tariff truce following weeks of trade retaliation

How China's slow approval of rare earths is threatening supply chains

China's delay in approving export licences threatens manufacturing, EVs, and defence tech worldwide

Nvidia to ship new AI chip for China, plans to set up centre in Shanghai

Amid US curbs on chip exports, Nvidia seeks to retain foothold in China as competitors rush to fill AI chip vacuum

China's April factory output, retail sales growth slow amid trade war pause

Retail sales, a gauge of consumption, rose by 5.1 per cent in April, down from a 5.9 per cent increase in March and compared with forecasts for an expansion of 5.5 per cent

US-China trade deal shows Global South power lies in leverage, not values

Unlike the Biden administration, which emphasized democratic credentials, Trump has signaled that alignment with the US depends more on what partners can bring to the table

Wall Street steady, heads for weekly gains on trade hopes, tech boost

Data from earlier in the week showed US retail sales growth losing steam in April, while consumer prices staged a moderate rebound

Oil prices set for weekly gain but supply hike concerns weigh on prices

Both contracts fell more than 2 per cent in the previous session on the prospect of an Iranian nuclear deal, which could result in more barrels being released onto the global market

US-China trade war risks making Europe dumping ground for cheap goods

As Europe tightens checks to block a surge of Chinese goods redirected from the US, data show China's trade surplus with the EU hit a record $90 billion in the first four months of 2025

India most preferred Asia-Pac equity market: BofA Securities FMS survey

In India, infrastructure and consumption continue to be the primary themes that investors are keenly monitoring, BofA Securities said

Tariff truce prompts Chinese auto-parts makers to rethink US investment

The 90-day temporary easing of US tariffs on China has introduced a high level of uncertainty, with the Chinese auto sector weighing the short-term and long-term impact

US to reduce 'de minimis' tariff on China shipments to 54% from 120%

The Trump administration's decision to cut the 'de minimis' tariff on Chinese shipments comes a day after the US and China held trade negotiations in Geneva

US tariff pause on Beijing puts pressure on 'China-plus-one' countries

Vietnam, for example, was better off than China with a 46 per cent rate, while Thailand was at 36 per cent and Malaysia at 24 per cent

'No winners in tariff wars': Xi Jinping urges unity to secure global peace

Xi Jinping calls for global unity and criticises tariff wars at the China-Celac Forum as he unveils major cooperation plans with Latin America and the Caribbean amid US tensions

China lifts ban on Boeing deliveries after 90-day tariff pause with US

The decision comes a day after the two countries announced a 90-day pause on tariffs and agreed to slash them by 115 percentage points

Oil prices ease on concerns over rising supply, US-China trade deal caution

The US and China agreed to slash steep tariffs for at least 90 days, sending Wall Street stocks, the US dollar and crude prices sharply higher

Indian Rupee opens 71 paise stronger at 84.67/$ as border tensions ease

The domestic currency opened 71 paise higher at 84.67 after ending at 85.38 against the greenback on Friday

Asian markets rally as US-China trade truce lifts investor sentiment

Japan's Nikkei soared 2 per cent, touching its highest level since February 25, and tech-heavy Taiwan also rose 2 per cent