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China Calls for Trade Peace but Stands Ready to Respond

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......

China's new trade negotiator amid ongoing trade war

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......

Stocks, Dollar Slip, Bonds Pummelled Again as Trade War Roils Markets

Global markets took a hit on Friday as the intensifying trade war between major economies sparked a wave of investor anxiety. Stocks fell sharply, the U.S. dollar weakened, and bond markets suffered their worst week in decades, signaling growing fears of a global recession. The turmoil followed a series......

China to ‘Reduce’ Hollywood Movie Releases in Response to Trump’s Tariffs

China has announced plans to scale back the number of Hollywood films allowed in its theaters, a move directly tied to escalating trade tensions with the United States. The decision comes in response to the US government's imposition of steep tariffs now reaching up to 145% on Chinese goods, a policy......

Trump delays tariff hikes on most countries, but increases pressure on China

US President Donald Trump temporarily suspended tariff hikes for most countries on Wednesday, acknowledging that such moves had stirred market anxiety. However, he continued his aggressive stance against China by raising tariffs on Chinese goods to 125%, citing a "lack of respect." Despite......

Brazil, Egypt, and Singapore Among Potential Winners from Tariff Onslaught

The recent imposition of sweeping tariffs by U.S. President Donald Trump has sent shockwaves through global markets, particularly affecting long-standing U.S. trading partners like the European Union, Japan, and South Korea. However, several countries, including Brazil, Egypt, Singapore, and Turkey,......

China vows strong resistance as Trump threatens 50 percent tariff

China has firmly declared it will “fight to the end” in response to a new 50 percent tariff proposed by U.S. President Donald Trump, escalating an already intense trade conflict that has shaken global financial markets and triggered fears of an international recession. Despite recent market......

UK Prepares to Safeguard Industry amid US Tariff Shifts

UK Prime Minister Keir Starmer responded to US President Donald Trump’s new tariffs, warning that long-standing assumptions about global trade are no longer reliable. In an op-ed for The Sunday Telegraph, Starmer remarked, “The world as we knew it has gone,” emphasizing the shift from......

EU's response to U.S. tariffs and the potential for a trade conflict

The European Union (EU) is preparing to implement targeted countermeasures against U.S. President Donald Trump's tariffs, which could affect up to $28 billion worth of U.S. imports, ranging from dental floss to diamonds. This step follows actions taken by China and Canada, marking an early escalation......