China hasn't officially responded to Trump's pledge to play "nice" but the media outlet Cailian called it "a sign that Trump is already softening stance on his signature tariff policies"
Faced with Chinese overcapacity and unfair trade, several Asian economies are cautiously eyeing Trump's anti-China trade coalition-if the terms fit their industrial goals
The US dollar index, which measures the greenback against six other major currencies, was up 0.6 per cent at 98.937, after sinking as low as 97.923 in the previous session
India's ₹17,000-crore PLI scheme is making global laptop brands like Asus, HP and MSI to shift production from China to India, boosting domestic manufacturing and ecosystem development
Beneath the optimism lies a more sobering reality
China's PLA tests a clean-energy hydrogen bomb using magnesium hydride, signalling a shift in warfare tech to accommodate cleaner energy solutions
Xie said tariffs would devastate the global economy and drew a parallel between the Great Depression
Trump, speaking to reporters in the Oval Office on Thursday, said officials he believed represented the Chinese leader Xi Jinping had sought to start talks
According to a White House fact sheet, China's retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States
In another thinly-veiled swipe at the US, the Chinese leader reiterated his call to fight unilateralism in an article published Thursday in Cambodian media ahead of his arrival in the capital
China on Thursday said it is in working-level communication with the US on the deadlock over their high-intensity tariff war but asserted that the person who tied the bell should untie it. The Chinese Commerce Ministry spokesperson He Yongqian was reacting to a jibe from US President Donald Trump, who was quoted as saying, The ball is in China's court, and China needs to make a deal with us. In response, the Chinese spokesperson quoted a proverb, saying, The person who tied the bell must be the one who unties it. Analysts here said talks between the two countries will be held at official levels before any dialogue between top leaders. In response to a question, spokesperson He told the media briefing here that the ministry has been always maintaining working-level communication with its US counterparts. While expressing Beijing's willingness for talks He, however said, We urge the US to immediately stop its maximum pressure tactics, coercion, and blackmail, and resolve differences
Currently around 7 per cent of market capitalisation of Chinese companies' American Depositary Receipts, or ADRs, are held by US institutions
Xi emphasised solidarity in a speech at a state dinner in Malaysia as the Trump administration prepares to seek trade partners' cooperation in encircling Beijing
Electric ride-hailing startup BluSmart has abruptly halted new ride bookings in most parts of Delhi-NCR and Bengaluru. While the app remains live on the Play Store, users are unable to schedule rides.
US President Trump signs executive order to investigate into the national security risks associated with imported critical minerals
Amid ongoing tensions with Beijing, the Trump administration is negotiating with multiple countries to explore trade deals aimed at easing the impact of US-imposed reciprocal tariffs
In response to punitive tariffs imposed by Washington, Beijing earlier this month added seven rare earths to its export control list
Data on Wednesday showed China's gross domestic product (GDP) grew 5.4 per cent in the January-March quarter from a year earlier, unchanged from the fourth quarter
China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the US. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the US. The world's two largest economies have been steadily increasing tariffs on each other's goods since the US raised tariffs on dozens of countries. China faces 145% taxes on exports to the US, while other countries were given a 90-day reprieve for most duties.
In retaliation to US' 145% tariff, China has slapped a 125% per cent levy on US imports - effectively doubling the price of Boeing jets