Page 14 - Us China

'No winners in tariff wars': Xi Jinping urges unity to secure global peace

Xi Jinping calls for global unity and criticises tariff wars at the China-Celac Forum as he unveils major cooperation plans with Latin America and the Caribbean amid US tensions

China lifts ban on Boeing deliveries after 90-day tariff pause with US

The decision comes a day after the two countries announced a 90-day pause on tariffs and agreed to slash them by 115 percentage points

Indian Rupee opens 71 paise stronger at 84.67/$ as border tensions ease

The domestic currency opened 71 paise higher at 84.67 after ending at 85.38 against the greenback on Friday

Trump hails 'total reset' in US-China ties after 90-day tariff pause

The US will reduce tariffs on Chinese goods to 30 per cent from the current 145 per cent, while China will lower tariffs on US-made goods to 10 per cent from 125 per cent

Stocks to watch today, May 13: Tata Motors, Airtel, GAIL, Cipla, Tata Steel

In the previous trading session, Sensex jumped 2,975.43 points, or 3.7 per cent, to close at 82,429.90 levels. The Nifty50 closed at 24,924.7, up by 916.7 points, or 3.8 per cent.

US, China declare 90-day tariff pause, agree to mutual reductions

During this 90-day window, the US will lower its tariffs on Chinese goods from 145 per cent to 30 per cent. In a similar move, China will bring down tariffs on American imports from 125% to 10%

India-Pak tensions, stock markets, Virat Kohli, US-China trade talks, PM Modi & more

India today reopened 32 airports across the northern and western parts of the country after both India and Pakistan reached a ceasefire understanding over the weekend to halt military action.

'China, US agree to set up economic, trade consultation mechanism'

Earlier on Sunday, the US announced a trade deal with China in Geneva. US Secretary of the Treasury Scott Bessent said there has been substantial progress between the nations

Asian shares advance as details awaited on progress in China-US trade talks

Asian shares advanced Monday after two days of trade talks between China and the US made what the US side said was substantial progress. US futures and oil prices advanced. Officials said a joint statement would be issued later Monday following the trade talks in Geneva over the weekend. Investors are also watching for developments in other flashpoints including clashes between India and Pakistan, the war in Ukraine and conflict in the Middle East. India's Sensex jumped about 2.5% after it and Pakistan agreed to a truce after talks to defuse their most serious military confrontation in decades. The two armies have exchanged gunfire, artillery strikes, missiles and drones that killed dozens of people. In Hong Kong, the Hang Seng gave up early gains to trade up 0.6% at 23,009.64, while the Shanghai Composite Index picked up 0.4% to 3,355.54. Chinese EV battery maker CATL, or Contemporary Amperex Technology Co, Ltd., said in a prospectus filed with the Hong Kong Stock Exchange that i

Markets to decide if 'substantial progress' enough after US-China talks

Early indicative prices in foreign exchange markets in Australia and Asia, showed both euro and yen edging lower against the US dollar

US-China trade talks to boost market sentiment in Asia, say strategists

Chinese Vice Premier He Lifeng said the world's two biggest economies agreed to create a mechanism for further discussions

Wary investors hope US-China talks will ease high-stakes trade war

The highly anticipated meeting in Switzerland could mark one of the biggest developments since US President Donald Trump launched sweeping tariffs on April 2

US, China officials to meet in Geneva for tariff talks amid hopes globally

The US treasury secretary and America's top trade negotiator will meet with high-ranking Chinese officials in Switzerland this weekend to de-escalate a dispute that threatens to cut off trade between the world's two biggest economies and to damage global commerce. Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will meet in Geneva with a Chinese delegation led by Vice Premier He Lifeng. Prospects for a major breakthrough appear dim. But there is hope that the two countries will scale back the massive taxes tariffs they've slapped on each other's goods, a move that would relieve world financial markets and companies on both sides of the Pacific Ocean that depend on US-China trade. US President Donald Trump last month raised U.S. tariffs on China to a combined 145%, and China retaliated by hitting American imports with a 125% levy. Tariffs that high essentially amount to the countries' boycotting each other's products, disrupting trade that last year topp

Trump team eyes tariff cuts, rare earths relief in China trade talks

The talks are expected to be exploratory, focusing on airing grievances rather than resolving the many issues between the US and China, according to people familiar with the matter

China expresses confidence in ability to manage trade tensions with US

The weekend talks involving top US and Chinese economic and trade officials are widely seen as a first step towards resolving a trade war

From Apple to GM, Trump tariffs to cost companies tens of billions

Among US companies that have disclosed financial projections so far, GM sees a $5 billion hit this year, while Apple expects $900 million in higher costs in the current quarter

Who is He Lifeng, the Chinese official leading high-stakes US trade talks?

He Lifeng, China's Vice Premier and close ally of Xi Jinping, is set to lead crucial trade talks with the US in Switzerland amid rising tensions, as both sides face escalating tariffs

'Arranged at the request of the US': China on high-level trade talks

US-China trade war: Beijing urges respectful dialogue ahead of high-level trade talks with Washington in Switzerland

China condemns CIA recruitment videos as 'provocation', vows retaliation

Foreign Ministry spokesperson Lin Jian, speaking at a briefing on Tuesday, called the CIA's campaign "a serious infringement on China's national interest and pure political provocation"

US lawmaker targets Nvidia AI chip smuggling to China with new bill

Both President Donald Trump and his predecessor, Joe Biden, have implemented progressively tighter export controls of Nvidia's chips to China