Keywords: China
The Philippines has rejected a report from China’s Coast Guard which claimed that China had “dealt with” six Filipino personnel who allegedly landed on a small reef in the South China Sea. Chinese Coast Guard spokesperson Liu Dejun stated that the six Filipino personnel had illegally......
US President Donald Trump reaffirmed his intention to reduce the high tariffs imposed on China but emphasized that the timeline for any potential relief hinges on the actions of Beijing. Speaking to the press at the White House, Trump mentioned that he could announce new tariff rates on US trade partners,......
President Donald Trump has stepped back from his previous threats to remove Jerome Powell as Chair of the Federal Reserve. His earlier criticism of Powell, particularly regarding interest rate decisions, had caused significant turbulence in financial markets. However, Trump clarified to reporters at......
For the first time in history, the price of gold surged above $3,500 per ounce on Tuesday, driven by escalating trade tensions and growing friction between former President Donald Trump and the Federal Reserve's chair, which also led to a sharp decline on Wall Street. At 7:30 GMT, the precious metal......
On April 21, China accused the U.S. of misusing tariffs and cautioned countries against entering trade deals with the United States that would harm China's interests. This statement escalates tensions in the ongoing trade war between the two largest global economies. China's Ministry of Commerce......
Analysts warn that recent efforts by the Trump administration to curb China's advances in artificial intelligence (AI) may backfire, potentially causing the United States to lose its leadership in the global semiconductor market. The restrictions aim to block American chipmakers from exporting to......
China’s ambassador to the United States, Xie Feng, has called on Washington to seek cooperation and mutual understanding amid growing trade tensions, while making it clear that Beijing will defend its interests if provoked. During a public appearance in Washington, as shared on the Chinese embassy’s......
Nvidia has projected a $5.5bn loss after the Trump administration prohibited the company from selling essential AI chips to China. The restrictions caused a significant drop in Nvidia's stock price, making a notable impact in after-hours trading. In a filing on Tuesday, Nvidia disclosed that its......
China has appointed a new lead negotiator for international trade as it faces steep tariffs imposed by U.S. President Donald Trump. On Wednesday, the Chinese Ministry of Human Resources announced that Li Chenggang has been named the country's new trade representative and vice-minister of commerce. Li......
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