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Trade war

China Retaliates with 34% Tariffs and Rare Earth Export Controls Amid Escalating Trade War

Amid the escalating trade war, China imposes a 34% tariff on U.S. imports: China has imposed a 34% tariff on all U.S. imports, which will be put into effect on April 10, 2025, despite increasing trade war tensions with the United States of America. The decision comes just after Washington announced a comparable 34% tax […]

Temu Abruptly Stops Direct China-to-US Shipments as Key Tariff Loophole Closes

E-commerce giant Temu has suspended its ultra-fast direct shipping from China to U.S. consumers following the expiration of the 800 de minimis tariff exemption, a move that could add 15−30 800, directly impacting Temu’s competitive pricing model. Key Impacts: 25 million monthly U.S. orders now subject to customs review Delivery times extended from 10 days to 3-4 […]

US Tariffs Force Chinese Factories to Halt Production, Seek New Markets

A wave of factory shutdowns is sweeping through China’s industrial heartlands as U.S. tariffs render exports uncompetitive, forcing manufacturers to either relocate production or pivot to new markets. According to China’s Ministry of Industry, over 4,200 factories suspended operations in Q1 2025—a 35% increase from 2024—with electronics, textiles, and automotive suppliers hardest hit. Key Developments: […]

China Rejects Trade Talks With US, Demands Unilateral Tariffs Be Lifted First

China has firmly rejected the prospect of new trade negotiations with the United States unless Washington first cancels its unilateral tariffs, escalating tensions between the world’s two largest economies. The statement, made by China’s Commerce Ministry on April 24, 2025, signals a hardening stance from Beijing amid ongoing disputes over technology restrictions, market access, and […]

Trump Drafts Surgical Tariffs: Protect Tech Consumers While Targeting China’s Core Industries

President Donald Trump is drafting a revised tariff policy that would impose sweeping new levies on Chinese imports while strategically exempting consumer electronics like smartphones and laptops, according to Howard Lutnick, CEO of BGC Partners. The plan aims to maintain pressure on Beijing without triggering significant price hikes for American voters ahead of the 2024 […]

China Vows to ‘Fight Till the End’ Amid Escalating Trade Tensions with the U.S.

In a bold response to recent U.S. tariff hikes, China has declared its readiness to engage in any form of conflict, including a trade war, to protect its national interests. This announcement comes on the heels of President Donald Trump’s decision to increase tariffs on Chinese imports, citing concerns over the flow of fentanyl into […]

Trump Announces Tariffs on Mexico and Canada, Adds 10% Levy on Chinese Imports

U.S. President Donald Trump has announced the imposition of tariffs on imports from Mexico and Canada, effective March 4, alongside an additional 10% levy on Chinese goods. The move is part of Trump’s broader strategy to protect American industries and address trade imbalances, but it has sparked concerns about potential economic repercussions and strained international […]

Worldwide Markets Fluctuate Amid Political Turmoil and Economic Signals

On February 20, 2025, global financial markets experienced significant volatility as investors responded to recent geopolitical developments and economic indicators. The U.S. stock market demonstrated resilience, with the S&P 500 reaching new highs, while Asian markets faced declines amid concerns over President Trump’s recent tariff proposals. European stocks also fluctuated, and the Forex market displayed […]

Nearly 90% of Japanese Companies View Trump as Bad for Business: Reuters Survey

A recent Reuters survey has revealed that nearly 90% of Japanese companies view former U.S. President Donald Trump as bad for business. The survey, conducted in February 2025, highlights concerns over Trump’s trade policies and their potential impact on global markets. Japanese firms cited tariffs, trade restrictions, and unpredictable policy decisions as key factors contributing […]

Trump Renews Tariff Push, Targets Auto Industry in Latest Trade Move

President Donald Trump has reignited his push for tariffs, this time targeting the auto industry as part of his broader trade policy agenda. In a recent statement, Trump emphasized the need to protect American manufacturers and workers from what he described as “unfair competition” from foreign automakers. The proposed tariffs, which could affect vehicles and […]