Trump announces 30% tariffs on EU, Mexico
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China has been a fierce critic of sweeping U.S. tariffs that Trump announced on April 2. He later delayed the implementation of most but China, which has said it will respond with its own tariffs on U.S. imports, now faces a deadline next month to negotiate a deal.
Since US President Donald Trump – just days into his second term – began imposing tariffs on China for its role in the flow of deadly opioids like fentanyl into the United States, Beijing’s message has been clear.
U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to follow through on a promise to essentially ban that vital cargo-handling equipment.
The global car industry has grappled for months to navigate the Trump administration’s trade war. That gives Swamy Kotagiri, CEO of Magna International, the largest auto-parts manufacturer in North America,
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Next week is data-heavy, with markets bracing for key Chinese economic indicators as well as US inflation, retail sales, and consumer sentiment data, for insights into the monetary policy outlook.
Trump has warned that if any country introduces retaliatory duties, Washington would increase its tariff rates. Tokayev's comments suggest that like other countries, Kazakhstan will seek to get a deal with the U.S. over the line in the next three weeks.
2don MSN
Sabrin Chowdhury, head of commodities research at BMI, says that there is a huge shortage of copper ore in China at the moment so any rerouting of Chilean copper ore originally heading to the U.S. would be good for China in the short-term,
China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains.
Australian Prime Minister Anthony Albanese has begun a six-day visit to China, aiming to boost trade ties that have recently improved, while navigating ongoing tensions over security and regional influence.