Page 18 - Us China Trade War

China slashes US film imports over tariffs, says open to fair dialogue

As US President Donald Trump hiked tariffs against China to 125 per cent while pausing levies on most countries, Beijing in retaliation has reduced the import of US films and called on Washington to return to fair dialogue without threats. Meanwhile, a rare survey of Chinese public opinion highlighted growing concerns of the Chinese public over the impact of the trade war on their country. The state-run China Film Administration said, The US government's erroneous practice of imposing excessive tariffs on China is likely to further diminish the Chinese audience's favourable perception of American films. We will adhere to market principles, respect audience choices and moderately reduce the import volume of American films, it said. Separately, China's Commerce Ministry spokesperson He Yongqian told a press briefing on Thursday that while Beijing remains open to talks, any dialogue must be based on mutual respect and conducted on equal footing. If the US is bent on waging a trade wa

China says open to dialogue with US, but 'threats not the right way'

The Chinese spokesperson said the Asian nation is hopeful of working with the US to resolve differences through dialogue

'Storms can't overturn sea': Xi Jinping's speech resurfaces amid trade war

A 2018 speech by Chinese President Xi Jinping goes viral as US and China implement tit-for-tat tariffs on one another

How far will Trump's tariffs go? A timeline of US-China trade war

US-China trade war: 20, 54, 104, 125 per cent tariffs, company backlisting, antitrust probes, lawsuits, and more

China reaches out to others for support against US as Trump adds tariffs

China is reaching out to other nations as the US layers on more tariffs, in what appears to be an attempt by Beijing to form a united front to compel Washington to retreat. Days into the effort, it's meeting only partial success from countries unwilling to ally with the main target of President Donald Trump's trade war. Facing the cratering of global markets, Trump on Wednesday backed off his tariffs on most nations for 90 days, saying countries were lining up to negotiate more favorable conditions. China has refused to seek talks, saying the US was insincere and that it will fight to the end in a tariff war, prompting Trump to further jack up the tax rate on Chinese imports to 125%. China has retaliated with tariffs on US goods of 84%, which took effect Thursday. Trump's move was seemingly an attempt to narrow what had been an unprecedented trade war between the US and most of the world to a showdown between the US and China. China has thus far focused on Europe, with a phone call

'Do not retaliate': White House warns as Trump slaps 125% tariffs on China

US imposes 125 per cent tariffs on all Chinese goods; China hits back with 84 per cent tariffs on all US imports, escalating trade tensions between the world's two largest economies

Safe havens rebound as China-US trade war anxiety overshadows tariff U-turn

The uptick in safe haven currencies came even with Asian stock markers surging, as they joined the global relief rally

US Treasury Secy defends China tariffs, says India important trade partner

US Secretary of the Treasury Scott Bessent emphasised that such a move focuses on countries like China, which have been contributing to imbalances in the global economy

Trump announces 90-day pause on tariffs, raises China tariffs to 125%

US President Donald Trump doubled down on his tough stance on Beijing by raising the tariff on Chinese goods to 125 per cent, effective immediately

India too big to be used by US against China, says economist Jeffrey Sachs

Jeffrey Sachs warns India against US geopolitical strategies amid trade war triggered by Trump tariffs

China, EU hit back with their own tariffs as Trump's trade war intensifies

China announced a tariff hike on US imports to 84 per cent from 34 per cent, shortly after Trump's punitive 104 per cent tariffs on Chinese imports kicked in on Wednesday

Bessent says Treasury to play bigger role so lenders can finance growth

Bessent said Treasury's stronger involvement in crafting bank regulation would be achieved through the Financial Stability Oversight Council

'Not seeking trade imbalance': China releases white paper on trade with US

Beijing highlights mutual gains in US-China trade relations, warns against Trump's protectionist policies, and more in white paper

China hits back at US with 84% tariff after Trump admin imposes 104% levy

US China trade war: Beijing had previously called Trump's ultimatum 'coercive' and stated that it would 'fight to the end'

China vows strong response after US imposes additional 50% tariff

China on Wednesday promised to take resolute and forceful measures to safeguard its rights and interests, after net total tariffs of 104 per cent by President Donald Trump on Chinese imports into the US took effect. After Trump's additional 50 per cent tariffs on the world's second-largest economy, China has not announced any new tariffs on the US. President Trump's next round of punishing tariffs on some of America's largest trading partners went into effect on Wednesday, including stiff new levies that will increase import taxes on Chinese goods by at least 104 percent. Trump's explosive new tariffs on 60 countries came into effect just after midnight Wednesday US time. The additional tariffs on China kicked in after Beijing refused to meet Trump's deadline to withdraw its own retaliatory levies on the US. Asked why China has not slapped retaliatory tariffs after Tuesday's assertions to fight till the end and whether the two countries are holding talks to resolve the issue, Chin

Trump's tariffs take effect: India faces 26% tax on exports, China 104%

With Donald Trump's sweeping tariffs kicking in, India's key exports are now taxed at 26%, while China faces a staggering 104% levy-sparking fears of a global trade war

Trump's reciprocal tariffs take effect hiking trade levies to 100-year high

Trump is imposing tariffs on China as high as 104 per cent along with import taxes on roughly 60 trading partners that run trade surpluses with the US

US tariffs to significantly hit Asia, says ADB, urging regional cooperation

The multilateral institution suggested countries in the region cooperate and engage in more trade between themselves, a trend that is already underway in Asia

US pushes ahead with 104% tariffs on China, says open to talks with others

The administration has scheduled talks with South Korea and Japan, two close allies and major trading partners, and Italian Prime Minister Giorgia Meloni is due to visit next week

Stock mkt trading guide, Apr 9: RBI MPC outcome, Trump's 104% China tariff

On the institutional activity front, FIIs net sold shares worth ₹4,994.24 crore, while DIIs net bought equities of ₹3,097.24 crore, on April 8.