President Trump ramps up the threat of a trade war with possible more tariffs on China. Read full article at source...
Natalie Sherman Business reporters, BBC News Getty Images Stock market turmoil deepened on Friday, as China hit back at tariffs announced by Donald Trump, raising the likelihood of an extended trade war and damage to the global economy. All three major stock indexes in the US plunged more than 5%, with the S&P 500 dropping...
Stephen McDonell BBC China correspondent Reuters Neither Donald Trump nor Xi Jinping looks like they are going to back down on tariffs soon American companies looking to sell into the huge Chinese market have just taken a big hit. A 34% price increase on all US goods entering the country will knock some out of...
Getty Images From Saturday, all goods imported to the US from anywhere in the world will face a 10% “baseline” tariff. Donald Trump announced higher rates for some countries he singled out as the “worst offenders” for trade. Our correspondents have been answering your questions about what this means and the impact it could have....
Since taking office for the second time, Trump has signed an executive order to draft a list of countries that will mean a partial or full suspension on visitors from some nations. It is unclear if China is on the proposed list, but non-American residents have experienced increased difficulty in re-entering the country in recent...
Annabelle Liang Business reporter Getty Images China has said it will take “resolute countermeasures” in response to US tariffs As US President Donald Trump laid out tariffs on virtually every one of America’s trading partners on Wednesday, he had strong words for Beijing. “I have great respect for President Xi [Jinping] of China, great respect...
This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Elon Musk’s aerospace giant SpaceX allows investors from China to buy stakes in the company as long as the funds are routed through the Cayman...
US President Donald Trump says he may cut tariffs on China to help seal a deal for short video app TikTok to be sold by its owner ByteDance. Trump also said he is willing to extend a 5 April deadline for a non-Chinese buyer of the platform to be found. In January, he delayed the...
Lewis Hamilton said he was “gobsmacked” to take his first pole position for Ferrari for the sprint race at the Chinese Grand Prix. Hamilton out-qualified Red Bull’s Max Verstappen, with his Ferrari team-mate Charles Leclerc fourth and Lando Norris’ McLaren sixth. The seven-time champion, who qualified eighth and finished ninth on his Ferrari debut in...
Lewis Hamilton took his first pole position for Ferrari as he headed sprint qualifying for the Chinese Grand Prix. Hamilton beat Red Bull’s Max Verstappen by 0.018 seconds as McLaren’s challenge faded around the Shanghai circuit and will start Saturday’s sprint race from the front. Oscar Piastri was third and Lando Norris, winner of the...
After weeks of Donald Trump’s threats to “take back” the Panama Canal, the White House has ordered the military to come up with an assortment of plans to make the president’s imperial fantasy a reality. According to NBC News, which first reported on the directive, the plans range from increasing military partnership with Panama to...
Britain’s ruling class, in line with Washington, relentlessly promotes anti China propaganda in order to denigrate Chinese socialism – however this obscures the undeniable reality; extreme poverty has been eradicated, life expectancy continues to rise. China continues to lead the way towards a multipolar system of international relations in which countries cooperate and engage...