Page 22 - Us China Trade War

Stock Market Close Highlights: Sensex sheds 313pts, Nifty ends at 23,696; Smallcap shares outperform

Stock Market Highlights on February 5, 2025: Broader markets outperformed the benchmarks, with small-cap shares leading the charge, as the Nifty Smallcap100 index ended higher by 1.85 per cent

US-China trade war intensifies, pushing gold prices to all-time highs

Meanwhile, global gold demand rose 1% to a record 4,974.5 metric tons in 2024, driven by higher investment and increased central bank purchases in the 4th quarter, according to the World Gold Council

US Postal Service suspends some inbound parcels from China amid trade war

This suspension only applies to inbound parcels from China and Hong Kong Posts and does not affect the delivery of letters and flats from these regions

Donald Trump in no hurry to talk to Xi Jinping amid new tariff war

China imposed targeted tariffs on US imports on Tuesday and put several companies, including Google, on notice for possible sanctions, in a measured response to Trump's tariffs

Tariffs on China 'retaliatory' for fentanyl distribution: US press secy

'I don't have any updates on when that call will take place,' adding that the call is being scheduled and would 'happen very soon' Karoline Leavitt said

Xi Jinping's careful reply to Trump tariffs shows China has more to lose

China is being restrained because it "has more to lose," due to its huge trade imbalance with the US, according to Larry Hu, head of China economics at Macquarie Group Ltd

Markets Today: Services PMI; MPC; Trump-China news; Swiggy, Titan Q3; IPO

At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets

US-China trade war may open new opportunities for Indian exporters

China on Tuesday announced retaliation and said the country plans to impose higher tariffs on US imports

Rupee ends at 87.067 against dollar, US-China trade tensions in focus

The rupee ended at 87.0675 against the US dollar, against a record closing low of 87.1850 in the previous session, when it also fell to an all-time low of 87.28

US-China trade war to benefit Indian exporters in increasing shipments

The trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, sources said. They said the country was the fourth-largest gainer when the US imposed higher duties on Chinese goods during US President Donald Trump's first tenure. After coming to power again, Trump on Saturday signed an order to impose stiff tariffs on imports from China, fulfilling a campaign promise but raising the prospect of increased prices for American consumers. "India is likely to gain out of this trade war. Significant rise in exports are expected from India," a source said. Exporters have also stated that the imposition of customs duties by the US on imports from China provides huge export opportunities for India to America. The tariffs would affect exports from China to the US as they would push prices of their goods in the American market, making them less competitive. "The move can create opportunities for Indian exports due to the tr

China hits back at Trump tariffs with 10-15% duty on select US goods

This announcement comes in response to the 10 per cent tariffs announced by Trump on China

Trump pauses tariffs on Mexico and Canada for 30 days, but not China

Both Canadian PM Trudeau and Mexican President Sheinbaum said they had agreed to bolster border enforcement efforts in response to Trump's demand to crack down on immigration and drug smuggling

India set for electronics boost amid Trump's tariffs on Chinese imports

The US-China tariff conflict gives India's tech industry a boost as global brands like Apple and Motorola expand exports from India, capitalising on the US tariffs against China's electronics

Trump bans China's 'de minimis' route: What it is and why it matters

Trump's new tariffs suspend China's de minimis exemption, blocking duty-free shipments under $800 - a move aimed at curbing fentanyl inflows and impacting Chinese e-commerce firms

China denounces US tariffs, says they are open for talks to avoid conflict

Beijing's Commerce and Finance ministries said China will challenge the decision before the World Trade Organization and take unspecified "countermeasures"

Trump tariffs, reforms target loophole used by Chinese online retailers

Under the de minimis exemption, products below that amount are able to enter the US without tariffs, boon for China's e-commerce retailers who ship often cheaper wares directly to consumers in the US

China vows unspecified measures to counter US tariffs, threatens WTO action

China "firmly opposes" the levy and will file proceedings to the World Trade Organization, a spokesperson from the Ministry of Commerce said in a statement

Former Fed employee arrested for leaking US trade secrets to China: US DoJ

US Department of Justice stated that on February 4, 2020, in response to questioning by the FRB-OIG, Rogers lied about his accessing and passage of sensitive information and his associations

India, China have most tariffs, no inflation: US commerce secy nominee

Two countries India and China have the most tariffs but no inflation, an American businessman nominated by US President Donald Trump to be his commerce secretary told lawmakers on Thursday, making a point that there is no relationship between tariffs and inflation. The two top countries with tariffs, India and China, have the most tariffs and no inflation, it is just nonsense that tariffs cause inflation. It is nonsense, Howard William Lutnick, former head of Cantor Fitzgerald, told members of the Senate Commerce, Science, and Transportation Committee during his confirmation hearing. He assured senators that the economy of the United States of America will be much, much better. A particular product's price may go up, but all of them, this is not inflationary, he asserted. Responding to questions, Lutnick said the United States is treated horribly by the global trading environment. They all have higher tariffs, non-tariff trade barriers and subsidies. They treat us poorly. We need

China's rising power demand hinders climate goals as coal usage increases

But that hasn't happened so far, in large part because the nation's energy demand is growing unprecedentedly fast, requiring ever more coal to be burned. Electricity use grew 6.8 per cent last year