Tag: China

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.

Fresh off the global success of DeepSeek’s latest artificial intelligence reasoning model, China’s top economic officials have vowed to set up a state-backed fund to support technological innovation.

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and as U.S. tariffs on Canada, Mexico and China came into effect, as well as Beijing’s retaliatory tariffs.

China retaliated swiftly on Tuesday against fresh U.S. tariffs with hikes to import levies covering $21 billion worth of American agricultural and food products, moving the world’s top two economies a step closer towards an all-out trade war.

China has American agricultural exports in its cross hairs as it prepares countermeasures against fresh U.S. import tariffs, China’s state-backed Global Times reported, raising the stakes in an escalating trade war between the world’s top two economies.

Treasury Secretary Scott Bessent said Sunday that President Donald Trump’s proposed tariffs are unlikely to raise inflation, in part because China will “eat any tariffs that go on.”

President Donald Trump on Thursday said that his proposed tariffs on Mexico and Canada will go into effect on March 4, and that China will be charged an additional 10% tariff on the same date.

China’s retaliatory tariffs on the United States may cause U.S. oil exports to decline in 2025 for the first time since the COVID-19 pandemic, after growth plateaued last year.