Page 19 - Us China Trade War

'Does dynamic pricing only go up?' Congress' Manish Tewari on crude dip

Congress MP Manish Tewari slams Centre over high fuel prices despite crude oil plunge; questions if dynamic pricing is only a one-way street as excise duty is hiked

China accuses US of protectionism, economic bullying with new tariffs

China on Monday accused the US of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla, to take concrete actions to resolve the tariffs. Putting America First over international rules harms the stability of global production and the supply chain and seriously impacts the world's economic recovery, Foreign Affairs spokesperson Lin Jian told reporters. Last week, Trump put an additional 34% tariff on Chinese goods as part of Liberation Day, coming on top of two rounds of 10% tariffs already declared in February and March, which Trump said was due to Beijing's role in the fentanyl crisis. China and other governments retaliated quickly. China announced its own 34% tariff rate on US goods, mirroring Trump's tariff rate for China. On Monday, Beijing struck a note of confidence even as markets in Hong Kong and Shanghai tumbled. The People's Daily, the Communist Party's official mouthpiece, had strong words.

Trump tariffs: China appeals for calm, readies economic resilience plans

Signals resilience as it counters US tariffs with plans to boost domestic demand through stimulus measures, including possible interest rate cuts, amid ongoing trade tensions

Stock market trading guide, Apr 7: Nikkei hits lower limit, US tariff woes

As of 6:36 AM, GIFT Nifty futures were down 1,006 points, at 21,952, compared to the previous close of Nifty futures at 22,958.15, signaling a gap-down start for Indian markets

'China has been hit much harder': Trump defends tariffs amid market slump

Donald Trump's post follows a major decline in US stock markets the previous day, which heightened concerns about a possible global economic slowdown

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

TikTok deal collapses as China objects to Trump's reciprocal tariffs

In a post on his Truth Social network, Trump reiterated his desire for China to help negotiate a sale and suggested that the US could provide tariff relief in exchange for Beijing's approval

Oil prices see drop 8% amid China retaliating with tariffs on US goods

Brent futures dived by $5.30, or 7.6 per cent, to $64.84 a barrel by 1254 GMT. US West Texas Intermediate crude futures lost $5.47, or 8.2 per cent, to $61.48

Trump sued over tariffs by Florida stationery firm claiming 'severe' harm

Simplified is seeking a court order declaring the tariffs unconstitutional and finding that they were adopted in violation of the federal Administrative Procedure Act

'Protectionism leads nowhere': China on US tariffs; vows countermeasures

China on Thursday said it would resolutely adopt countermeasures after President Donald Trump imposed 34 per cent tariffs on its over USD 438 billion imports to America, but put off any immediate retaliatory action leaving room for a negotiated deal. Trump announced reciprocal tariffs on Chinese imports on Wednesday as part of sweeping measures aimed at reshaping American trade policy. The Chinese Commerce Ministry hit out hard on Trump's tariffs on its exports to the US, third largest after ASEAN and EU, However, its spokesperson skirted questions about an immediate action by China. To questions about the prospect of future trade talks with the US following the latest tariff measures, the ministry said China and the US had been in communications on their trade concerns, and would resolve their concerns through equal dialogues, the Hong Kong's South China Morning Post reported. Separately, the Chinese Foreign Ministry spokesperson Guo Jiakun said the US has imposed tariffs on China

Trump's tariffs seen as far worse shock to China than first trade war

The trade standoff may wallop the economy just as its performance was steading in the beginning of 2025, with little sign of damage from tariff increases so far

China urges US to immediately lift tariffs, vows retaliation amid trade war

Trump on Wednesday announced China would be hit with a 34 per cent tariff, on top of the 20 per cent he previously imposed earlier this year, bringing the total new levies to 54 per cent

Trump likely to revoke tariff exemptions for cheap shipments from China

The decision would reinstate US President Donald Trump's decision in February to end duty-free entry for cheap Chinese goods entering the US

Billion-dollar US tariffs on Chinese ships risk 'trade apocalypse'

Clarksons estimates 83% of container ship visits to the US last year faced fines under proposed rules, along with two-thirds of car carriers and nearly a third of crude tankers

US senator Steve Daines visits Beijing amid growing tariff dispute

US Senator Steve Daines is visiting Beijing as the US and China swap tariff threats and harsh words over each others' handling of the illegal trade in fentanyl. Daines, a strong supporter of President Donald Trump, is in the country for three days of meetings starting Friday, the American Embassy reported. Daines previously worked as an executive for US companies in China and served as a go-between during Trumps' first term in office when tariffs were also a major issue. Daines' schedule hasn't been made public, but an official has said off the record that he is expected to meet with a deputy Chinese foreign minister. That would make him the most senior US representative to meet with a Chinese official since Trump took office. Trump is expected to speak with President Xi Jinping either by phone or in a face-to-face meeting. US-China tensions have spiked as the US imposed 20% duties on Chinese goods, drawing retaliatory tariffs of 15% on US farm goods from China this past week. The

Trump refutes report saying Elon Musk to see plans for any China war

n a social media post late Thursday, Trump said the report was "ridiculous" and "completely untrue"

Xi will visit Washington soon amid brewing trade tensions, says Trump

Trump has ramped up a trade fight with China, raising tariffs on imports from the country to 20 per cent

China tightens trade rules as Canadian tariffs spark price volatility

China on Saturday shocked markets with a 100 per cent tariff to just over $1 billion of Canadian rapeseed oil, oil cakes and pea imports

China hits back at Trump tariffs with 15% levies on key US farm goods

China retaliated against President Donald Trump's tariffs with an additional 15% tax on key American farm products, including chicken, pork, soybeans and beef. The escalating trade tensions punished US markets Monday as investors fearful of the damage from from Trump's trade wars put their money elsewhere. The Chinese tariffs, announced last week, were a response to Trump's decision to double the levy on Chinese imports to 20% on March 4. China's Commerce Ministry had earlier said that goods already in transit would be exempt from the retaliatory tariffs until April 12. Imposing tariffs on imports is a key part of Trump's agenda. He believes the import taxes can raise money for the Treasury, protect American industries and pressure foreign countries to do what he wants in a range of issues, including immigration and drug trafficking. On Wednesday, Trump is set to remove exceptions on 25% steel tariffs he imposed in 2018 - effectively raising the taxes - and raise his levy on alumin

China uses food as high-impact, low-cost weapon in trade war against US

Agricultural tariffs, which run from 10 per cent to 15 per cent on an expansive list of items including grains, proteins, cotton, and fresh produce, follow initial action on energy and minerals