Dave Sullivan US President Donald Trump has intensified his criticism of the European Union, labeling it “nastier than China” regarding trade practices. In early April, Washington imposed a sweeping 20% tariff on all EU goods and a 25% tariff on all car imports and metals. While Trump later announced a 90-day reprieve on most trade duties, a…
Francis Tuschek US President Donald Trump’s misplaced tariff policies are hurting America’s allies but will fail to tank the Chinese economy, former Russian President Dmitry Medvedev said on Thursday. In early April, Trump announced sweeping tariffs on most of America’s trading partners, citing what he said was an unfair trade imbalance. After backlash overseas and…
Richard Sanders US President Donald Trump has claimed he is now running not only his country but the whole world and is “having a lot of fun” with his second presidential term. The president made the remarks in an interview with The Atlantic, marking his first 100 days in office. Trump shared his experience with…
Francis Tuschek China has “completely” stopped imports of US liquefied natural gas (LNG) for over ten weeks, extending the trade war between Beijing and Washington into energy cooperation, the Financial Times reported on Friday, citing shipping data. Amid escalating trade tensions, China has imposed tariffs on US hydrocarbons – up to 99% – effectively pricing them out…
Richard Sanders China has been importing record amounts of crude oil from Canada and drastically reducing supplies from the US in light of the trade war with Washington, Bloomberg reported on Wednesday. Washington and Beijing have implemented a series of reciprocal tariff hikes over the past two months in light of which the latter has…
Dave Sullivan The US plans to use tariff negotiations to push trade partners to scale back economic ties with China, the Wall Street Journal reported on Tuesday, citing sources familiar with the talks. The strategy is reportedly aimed at securing commitments from countries hit by recent US tariff hikes to help isolate China’s economy and…
Richard Sanders The White House has warned China that further retaliation through tariff hikes would not serve Beijing’s interests, as the world’s two largest economies clash over trade. Press secretary Caroline Leavitt has stated that over 75 countries reached out to US President Donald Trump’s administration to initiate trade talks, a sign that Washington’s tariff…
Trump hikes China tariff to 125% Francis Tuschek US President Donald Trump has raised the tariffs on Chinese goods to 125% in response to retaliatory measures imposed by Beijing earlier on Wednesday. In a post on his Truth Social platform, Trump wrote that “based on the lack of respect that China has shown to the World’s…
Dave Sullivan The United States has vowed to “take back” the Panama Canal from Chinese influence and has launched a series of military deployments and joint exercises with Panama to reinforce that commitment, according to Defense Secretary Pete Hegseth. The Pentagon chief attended the inauguration of a new US-financed dock at the Vasco Nunez de Balboa Naval…
Richard Sanders China will impose a 34% tariff on all imports from the US starting April 10, the country’s Finance Ministry announced on Friday. The decision follows US President Donald Trump’s announcement of a 34% levy on Chinese goods in the latest escalation of a tariff war. Beijing’s announcement comes after the Ministry of Commerce…