Search For "trade war"
China warns countries against trade deals with US that harm Beijing's inte
Updated : 11 months, 1 week ago IST
Under the guise of so-called "reciprocity," the United States has been recently arbitrarily imposing tariffs on all its trading partners while pressuring them to engage in so-called "reciprocal tariff" negotiations, an offical spokesperson for China's Ministry of Commerce said
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Fitch Ratings lowers world growth forecast due to escalation in global tra
Updated : 11 months, 1 week ago IST
Fitch Ratings has sharply lowered its forecasts for world growth in response to the severe escalation in the global trade war, lowering world growth in 2025 by 0.4pp and China and US growth by 0.5pp, according to its its quarterly Global Economic Outlook.
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China's trade hubs show strain as tariff war with US escalates
Updated : 11 months, 2 weeks ago IST
Chinese export hubs like Shanghai and Guangdong are experiencing early disruptions as the US-China tariff war escalates. With shipping halted and factories at a standstill, tensions have intensified following sharp reciprocal tariff hikes announced by both governments this week.
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India to be carefully watching developments in US-China trade war, says fo
Updated : 11 months, 2 weeks ago IST
As the US and China engage in a tariff war, Tanvi Madan, Senior Fellow at the Brookings Institution, said on the sidelines of the Carnegie Global Tech Summit that India is going to be carefully watching these developments. She also spoke about the increasing Indo-US partnership across areas
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"Other countries are rising to the challenge": Rosa Balfour on impact of U
Updated : 11 months, 2 weeks ago IST
Speaking about how various global groupings will step up to meet the challenges arising from the US trade tariffs, Carnegie Europe Director Rosa Balfour said that countries and large blocs are coming together to ensure they have a "web of relationships" that can preserve global trade.
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"EU has tools to respond to trade war, preparing toolbox for several month
Updated : 11 months, 2 weeks ago IST
During the panel discussion "Tariffied World: T minus" at the Global Tech Summit on Saturday, Balfour said that Europe is accelerating talks with India and has also started talks with several nations, including Asia, Malaysia, the Philippines, and the UAE. She stated that Europe is making
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Sensex soars over 1,000 points as Trump's tariff pause sparks global marke
Updated : 11 months, 2 weeks ago IST
The surge came after US President Donald Trump announced a 90-day postponement of reciprocal tariffs for 75 countries, including India, amid an escalating trade war with China.
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China to "moderately reduce" US film imports as trade war escalates
Updated : 11 months, 2 weeks ago IST
A spokesperson for the China Film Administration stated that the adjustment follows market principles and reflects audience preferences, as the United States' recent hikes in tariffs on Chinese imports are bound to impact Chinese audiences' interest in US movies
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EU President Von der Leyen backs Trump's tariff pause amid US-China trade
Updated : 11 months, 2 weeks ago IST
European Commission President Ursula von der Leyen welcomed US President Donald Trump's decision to pause reciprocal tariffs for over 75 countries, calling it an important move to stabilise global trade amid escalating tensions between the US and China.
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Yuan sinks to 19-month low as China loosens currency grip
Updated : 11 months, 2 weeks ago IST
China's yuan hit a 19-month low against the US dollar after the central bank set a weaker reference rate, signalling a possible shift in its currency strategy amid rising trade tensions with Washington.
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"It's about bad actors": US Treasury Secy on tariffs hike on China, says I
Updated : 11 months, 3 weeks ago IST
The US Secretary of the Treasury highlighted the success of US President Trump's negotiating strategy, which he said has brought over 75 countries forward to engage in trade talks.
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US-China trade war escalates: Beijing issues White Paper, alleges rising u
Updated : 11 months, 3 weeks ago IST
China's State Council Information Office on Wednesday released a white paper titled "China's Position on Some Issues Concerning China-US Economic and Trade Relations." The paper alleged that friction in trade between the US and China has significantly impeded normal economic and trade coo
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