Hundreds of flights have been cancelled and train lines were suspended as gales hit Beijing and northern China on Saturday. By 11:30 local time (03:30 GMT) on Saturday, 838 flights had been cancelled at the capital’s two major airports, according to the Reuters news agency. Wind gusts of up to 93mph (150 kph) – the...
China announced today that it was raising its tariffs on US goods to 125%, just below where Trump raised tariffs on Chinese goods earlier in the week. Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comments on the escalating trade war with the United States, as Beijing raised...
Workers have been told to hurry home, classes have been suspended and outdoor events have been cancelled as northern China braces for extreme winds this weekend. Millions have been urged to stay indoors, with some state media outlets warning that people weighing less than 50kg (110lbs) may be “easily blown away”. Winds reaching 150kph (93mph)...
I’ve heard of clueless briar-patch strategies, but this one really takes the cake. Or a Golden Raspberry, perhaps. Rumors have swirled the last few days that China’s Xi Jinping had compiled a precise set of retaliatory actions against the US in the trade war touched off by Donald Trump’s tariffs. Today’s report from Bloomberg doesn’t...
The head of the British armed forces has visited China for the first time in a decade. Admiral Sir Tony Radakin discussed “issues of common concern” with China’s military leaders in Beijing, its defence ministry said in a short statement. “We agreed that in an unstable world we must play our part as responsible nations...
China’s kind of in a pissy mood about the trap Trump sprung on them and spent a little time mocking his motivations for doing so the other day. The CCP put out a nifty little AI piece illustrating what their vision of the industries China now dominates would look like if returned to the United...
Liv McMahon Technology reporter Reuters The world’s most popular gadgets – phones, laptops, tablets, smartwatches – could be about to get a lot more expensive in the US. Many of them are made in China, which now faces a 125% tariff on its goods imported to the US, under President Donald Trump’s controversial trade policy....
John Sudworth Senior North America correspondent Watch: China tariffs ‘not good’ for the economy – US shoppers Suddenly, Donald Trump’s trade war is in much sharper focus. Rather than a fight on all fronts against the world, this now looks far more like a fight on familiar Trumpian territory: America v China. The 90-day pause...
President Donald Trump has announced a 90-day pause for countries hit by higher US tariffs, but escalated a spiralling trade war with China. In a dramatic change of policy, just hours after levies against roughly 60 of America’s trading partners came into effect, Trump said he was authorising a universal “lowered reciprocal tariff of 10%”...
BBC Trump’s tariffs on Chinese imports are crippling for major Chinese exporters like the fast-fashion giant Shein China has called for the world to unite against Trump’s tariffs as the country’s exporters reel from crippling new US levies that have risen to 104%. “Global unity can triumph over trade tyranny,” declared an editorial in the...
And, US says it will hold direct nuclear talks with Iran. Read full article at source...
Yvette Tan, Annabelle Liang and Kelly Ng Getty Images Xi Jinping has shown no signs that he will blink first in the tariff standoff with the US The trade war between the world’s two biggest economies shows no signs of slowing down – Beijing has vowed to “fight to the end” hours after US President...
Most of Tuesday’s front pages lead with markets around the world which continued to slide as US President Donald Trump vowed to stay the course. In its headline the i Paper says “billions wiped off pensions amid worldwide stock market turmoil”. The paper reflects on Monday’s trading and examines Asian, British and US markets dropping,...
I’m not sure what President Trump’s precise tariff plans are at this point but the general goal seems to be to renegotiate trade deals with countries around the world in ways that made trade more favorable to the US. Here’s what Treasury Secretary Scott Bessent said yesterday on Meet the Press. ...
Donald Trump has threatened China with an additional tariff of 50% on goods imported into the US if it does not withdraw a countermeasure and reiterated he would not pause other tariffs as global markets tumbled for a third day. Speaking at the White House on Monday the US president said that he is not...