Page 11 - Us China Trade War

Sensex dips 800 pts, Nifty below 24,600 as latest tariff hikes jolt markets

Why stock markets fell today: Indian equity benchmark fell, tracking Asian markets as trade tensions flared up over the weekend with fresh steel and aluminium tariffs by the US

China's factory activity contracts in May amid trade tensions, PMI at 49.5

While the manufacturing index indicated sector growth, the new orders index remained below 50, signalling ongoing weakness despite some improvement

Will stop being 'nice', says Trump as China violates trade agreement

US President Donald Trump on Friday said he will no longer be Mr NICE GUY with China on trade, declaring in a social media post that the country had broken an agreement with the United States. Hours later, Trump said in the Oval Office that he will speak with Chinese President Xi Jinping and "hopefully we'll work that out", while still insisting China violated the agreement. What deal Trump was referring to was not clear. But the rhetoric was a sharp break from recent optimism when he lowered his 145 per cent tariffs on Chinese goods to 30 per cent for 90 days to allow for talks. China also reduced its taxes on US goods from 125 per cent to 10 per cent. The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US, Trump posted. So much for being Mr NICE GUY! Trump said the tariff reduction quickly stabilised the Chinese economy, though the decrease also brought a degree of relief to US companies that said the previous rates essentially ..

"So much for being Mr Nice Guy!": Trump slams China on tariff agreement

US President claims China "totally violated" agreement as trade tensions resurface despite 90-day tariff truce

Only Trump-Xi talks can revive stalled US-China deal, says US Treasury Sec

The remarks from Scott Bessent come two weeks after the two nations agreed to a 90-day tariff pause along with mutual reductions

China slams US govt for revoking student visas, says will damage its image

The remarks by the Chinese spokesperson came hours after Marco Rubio announced that the Trump administration would work to aggressively revoke visas of Chinese students

Trump admin tightens China chip curbs by targeting design software

The Trump administration this year banned Nvidia from selling its H20 chips to Chinese customers, the third round of such restrictions since 2022

Export controls are endangering the fragile US-China truce

Just two-and-a-half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other's key industries

China's soft spot in trade war with Trump: Risk of huge job losses

Economists sharply disputed how much pain Trump's tariffs caused, but the message underscored the centrality of jobs to China's export-reliant economy

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