China retaliated Friday to higher U.S. tariffs, slapping 125% levies on U.S. goods, but signaled it would apply no further measures in the future. “If the U.S. continues to increase tariffs on Chinese exports, China will not respond,” China’s Ministry of Finance said in a statement announcing the new levies, in a sign that Chinese … [Read more…]
President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs but a trade war with China has escalated. In a dramatic change of policy, just hours after levies against roughly 60 of America’s trading partners kicked in, Trump said he was authorising a universal “lowered reciprocal tariff of 10%” as … [Read more…]
After Trump’s new 104% tarrif on China, hits back with 84% tarrif at on US goods 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. Beijing … [Read more…]
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 two largest economies. If Trump sticks to his plan for an additional 50% tariff on China unless it withdraws … [Read more…]
China has announced a slew of countermeasures against tariffs imposed by United States President Donald Trump, including additional tariffs of 34 percent on all goods and curbs on the export of some rare earths, deepening an escalating trade war. Trump on Wednesday announced that China would be hit with a 34-percent tariff, on top of the … [Read more…]
A 7.7 magnitude earthquake has struck Myanmar – with at least 43 workers reported to be trapped in a collapsed building after the impact was felt as far away as Bangkok. Footage shared by local media shows the under-construction building in the Chatuchak area crashing to the ground as people run away from the scene. … [Read more…]
A British man in his 70s has died after being hit by a vehicle in Kenyan President William Ruto’s motorcade. The victim was named by Kenyan police as 79-year-old Edgar Charles Frederick who died on Ngong Road in Nairobi on Thursday. A police spokesperson said a pedestrian who was “a foreign national”, had died following an … [Read more…]
Carney to be sworn in late morning; replacing Trudeau New Prime Minister plans to travel to London and Paris Carney reshaping cabinet to handle Washington, says CBC Carney expected to call federal election soon Ex-central banker Mark Carney will be formally sworn in as prime minister of Canada on Friday, putting him in a position to … [Read more…]
President Donald Trump said that he plans to offer a “gold card” visa with a path to citizenship for $5 million, replacing a 35-year-old visa for investors. “They’ll be wealthy and they’ll be successful, and they’ll be spending a lot of money and paying a lot of taxes and employing a lot of people, and … [Read more…]
Elon Musk’s X has agreed to pay Donald Trump about $10m (£8m) after suspending his accounts following the 2021 US Capitol riot by his supporters, according to reports. The payment follows a $25m (£20m) deal the US president’s lawyers struck with Meta Platforms – the owner of Facebook and Instagram – last month. Mr Trump sued the social … [Read more…]
US President Donald Trump has revoked Joe Biden’s security clearance, barring his predecessor from receiving daily intelligence briefings as he continues a political revenge campaign throughout Washington. “There is no need for Joe Biden to continue receiving access to classified information. Therefore, we are immediately revoking Joe Biden’s Security Clearances, and stopping his daily Intelligence … [Read more…]
Additional 10% tariff comes into effect on all China exports to US Beijing slaps 15% levy on U.S. LNG, coal; 10% on crude, farm equipment China starts anti-monopoly investigation into Google, imposes controls on rare earth exports Trump pauses tariffs on Mexico and Canada for one month Mexico, Canada to bolster border enforcement China on … [Read more…]