Following positive trade talks in Geneva and London, China indicated openness towards discussing tariffs within the WTO
Like clockwork, Carla Johnson sends out letters every spring asking for donations to help pay for the annual Fourth of July fireworks show that draws tens of thousands of people to New Mexico's largest lake. And she has no reservations about doling out verbal reminders when she sees her patrons around town. There's too much at stake to be shy about fundraising when donations collected by Friends of Elephant Butte Lake State Park are what make the tradition possible. But even Johnson's ardent efforts as the group's fundraiser might not cut it next year if the US and China remain locked in a trade war. With nearly all of the aerial shells, paper rockets and sparkly fountains that fuel America's Fourth of July celebrations being imported from China, volunteer groups like Johnson's and cities big and small have been closely watching the negotiations. A 90-day pause on what had been massive tariffs brought some temporary relief, but industry experts acknowledge that the tiff has lit a f
At the Big beautiful bill event announcement, US President Donald Trump hinted at a possible trade deal with India.
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For Daido Steel, the trade war has triggered a renewed effort to develop rare earth supply chains beyond China, which controls 70% of mining and 90% of global refining of these critical metals
China offers to work with the US on narcotics control and migrant repatriation, while warning Washington to uphold mutual respect - a step towards easing trade tensions
Donald Trump hints at extending ByteDance's TikTok sale deadline, after twice delaying a ban initially set under the 2023 law citing national security and data privacy concerns
Beijing has not committed to grant export clearance for some specialised rare-earth magnets that US military suppliers need for fighter jets and missile systems
For other trading partners, the US-China deal, as it currently stands, suggests that tariffs would settle at significantly higher levels than before the announcement of the so-called reciprocal tariff
Beijing has gained time to build up its own strengths by drawing out negotiations with the United States, using its chokehold over critical minerals
Sensex sheds 823 points and Nifty 253 as Middle East tensions rise and trade worries persist; aviation stocks hit after fatal Air India crash raises sentiment fears
Asian shares were trading mixed early Thursday after Wall Street's rally stalled as investors appeared not to react much to the results of the latest round of China-US trade talks. US futures slipped while oil prices rose. Japan's Nikkei 225 lost 0.7 per cent to 38,160.80. Hong Kong's Hang Seng sank 0.7 per cent to 24,206.69, while the Shanghai Composite index edged 0.1 per cent lower to 3,400.30. In South Korea, the Kospi gained 0.4 per cent to 2,919.67, while Australia's S&P/ASX 200 edged 0.1 per cent higher to 8,604.70. On Wednesday, the S&P 500 fell 0.3 per cent to 6,022.24 for its first loss in four days. The Dow Jones Industrial Average was virtually unchanged at 42,865.77 after edging down by 1 point. The Nasdaq composite slipped 0.5 per cent to 3,400.30. All told, the S&P 500 fell 16.57 points to 6,022.24. The Dow Jones Industrial Average slipped 1.10 to 42,865.77, and the Nasdaq composite sank 99.11 to 19,615.88. Several Big Tech stocks led the way lower, and a ...
Indian Rupee today: The domestic currency appreciated 11 paise to end at 85.51 against the dollar, after closing at 85.62 on Tuesday
JL Mag Rare-Earth Co. said that officials approved a certain number of export applications, and the company had permits for regions including the US, Europe and Southeast Asia
Coercive trade policies are not a sustainable solution to today's trade tensions, said Lagarde
US commerce secretary Lutnick said the London agreement would lift some recent US export restrictions but gave no details after talks ended
Indian Rupee today: The domestic currency appreciated 1 paise to end at 85.62 against the dollar, after closing at 85.63 on Monday
US-China trade talks aim to defuse rising tensions over chip exports and critical minerals, revive Geneva truce, and ease strain on global supply chains amid signs of economic stress
Huawei founder Ren Zhengfei also expressed confidence in the interview that China can make breakthroughs in AI and software, particularly in an increasingly open-source environment