Beijing: China and the United States moved towards an all-out trade war on Tuesday after US President Donald Trump imposed an astounding 104 per cent in tariffs across all Chinese imports. Locked in a high-stakes game of brinkmanship, both nations refused to back down, with Beijing vowing to fight against America’s aggression “to the end.”…
Washington: Donald Trump has followed through on his threat of “additional 50 per cent tariffs” on China starting Wednesday. The White House announced that this will make America’s new tariff on China an unprecedented 104 per cent. President Trump had given China 24 hours to roll back or “withdraw” the retaliatory 34 per cent tariff…
Moody’s ratings suggest India and other Asian countries may benefit due to the rising US-China tensions and potential investment restrictions in strategic sectors after Donald Trump’s return to the White House. “In Asia-Pacific region, trade and investment flows might be further diverted away from China as the US tightens investments in strategic sectors, which would…
