Tag: China

China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses that have been notified, in the clearest sign yet of Beijing’s concerns about the trade war’s fallout.

China on Thursday said that there were no ongoing discussions with the U.S. on tariffs, despite indications from the White House this week that there would be some easing in tensions with Beijing.

China on Monday accused Washington of abusing tariffs and warned countries against striking a broader economic deal with the United States at its expense, ratcheting up its rhetoric in a spiralling trade war between the world’s two biggest economies.

China’s economy expanded by a better-than-expected 5.4% in the first quarter, maintaining a strong momentum, even as U.S. tariff threats prompt major investment banks to slash the country’s annual growth outlook.

A report that China was willing to enter into trade talks with the U.S. was greeted warmly by investors. But, if accurate, it suggests China’s preconditions mean talks aren’t a given.

China’s exports jumped more than expected in March as businesses frontloaded outbound shipments to avoid prohibitive U.S. tariffs, while imports extended declines as sluggish domestic demand persisted.

China on Friday retaliated against U.S. President Donald Trump’s country-specific tariffs by raising its levies on U.S. goods to 125% from 84%, the Chinese Finance Ministry said.

China hit back at U.S. President Donald Trump singling out the world’s second-largest economy for tariffs of more than 100% by raising additional duties on American products to 84% on Wednesday, deepening the trade war between the two superpowers.

Οι τιμωρητικοί δασμοί του Αμερικανού προέδρου Ντόναλντ Τραμπ σε δεκάδες οικονομίες τέθηκαν σε ισχύ σήμερα Τετάρτη, συμπεριλαμβανομένων των εισφορών άνω του 100% κατά των κινεζικών προϊόντων, εντείνοντας δραματικά τον καταστροφικό παγκόσμιο εμπορικό πόλεμο.

China vowed on Tuesday to “fight to the end” against U.S. tariffs as some citizens railed against President Donald Trump after he singled out Beijing for further levies, setting the stage for a standoff between the world’s top two economies.

Μετά τη χειρότερη έναρξη τριμήνου από την παγκόσμια χρηματοπιστωτική κρίση του 2008, ο πόνος στα διεθνή χρηματιστήρια θα έχει όπως φαίνεται συνέχεια.

China’s Finance Ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed by U.S. President Donald Trump’s administration earlier this week.

China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.S. trading partners around the world.

China’s factory activity expanded at its fastest pace in four months in March, buoyed by stronger demand and robust export orders, a private-sector survey showed on Tuesday, although the escalating U.S. trade war clouds the outlook.

Peng Sen, president of the China Society of Economic Reform, suggested that the country should aim to raise its consumption levels to match those of developed countries within the next decade.

China’s central bank appears to be shifting its monetary policy stance toward accommodation, with Citi forecasting a 50 basis point reserve requirement ratio (RRR) cut in Q2 2025 and a 20 basis point rate cut in Q3 2025.

Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump’s order threatening tariffs on countries buying from Caracas created fresh uncertainty, days after U.S. sanctions targeting China’s imports from Iran.

Indian Prime Minister Narendra Modi’s government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials.

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find workarounds to keep at least some volumes flowing.

China is set to impose tariffs on some Canadian goods in retaliation to Canada’s levies on Chinese electric vehicles and metals as the global trade war heats up.