Tag: tariffs

Chinese President Xi Jinping told Politburo and State Council officials to remain calm in the face of international and domestic pressure. China “must enhance its political capabilities and calmly respond to challenges brought about by changes in the domestic and international situation,” he was quoted by Xinhua. The ...

The relocation of Chinese factories to Southeast Asia is no longer just speculation; it is happening. Countries like Vietnam have already seen significant increases in Chinese industrial investment as companies seek alternative production bases to navigate shifting global trade dynamics.

As U.S. trade policy uncertainty casts a shadow over Asia, Hong Kong is moving decisively to deepen its economic and cultural ties with ASEAN. By positioning itself as China’s gateway to the region, the city is actively courting Muslim tourists ...

Malaysia’s Prime Minister Anwar Ibrahim on Monday issued a call to action for ASEAN, urging the region to move beyond traditional trade and investment strategies and embrace a future defined by technological collaboration, economic resilience in ASEAN, and sustainable growth. Speaking ...

Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in July, the current chair Brazil announced Saturday. Other members of the trading bloc include Russia, India, China, South Africa, and others.

Donald Trump is back with his favorite economic weapon: tariffs. In a move that reopens old trade wounds, the president has imposed a sweeping 25% tariff on all steel and aluminum imports—no exemptions, no exceptions. On Monday, Trump signed proclamations ...

Colombia, whose president crossed swords with U.S. President Donald Trump on accepting deportation flights, announced plans on Thursday to strengthen ties with China by adding a new shipping route to Shanghai. Colombia's commerce ministry said the new route would take ships ...

As Donald Trump prepared to launch a trade war against his North American neighbors on Friday, the U.S. president focused renewed attention on what could be his next target: the ten member states of the BRICS group. The president is seemingly ...

U.S. President Donald Trump reiterated Thursday his threat to place 100 percent tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico. Trump had previously threatened 100% tariffs on BRICS nations—a bloc including Brazil, ...

New U.S. Secretary of State Marco Rubio is breaking with tradition to make Latin America the destination for his first overseas trip later this week. Previous Secretaries of State typically prioritized Europe and Asia for their initial visits. That's probably a ...

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared. Software investment giant SoftBank soared ...

By Matthew Walsh Chinese people on the streets of Beijing said Monday they were keeping expectations low about Donald Trump, as his second White House stint could push China-U.S. ties into a new era of uncertainty.