66 h. ago Trump threatens tariffs on chip imports from firms not producing in US

US President Donald Trump said on Thursday his administration would impose tariffs on semiconductor imports from companies not shifting production to the US, speaking ahead of a dinner with major technology company CEOs. Since returning to office in January, Trump’s threat of tariffs has alienated trading partners, stirred volatility in financial markets and fuelled global economic uncertainty. “Yeah, I have discussed it with the people here. Chips and semiconductors – we will be putting tariffs...

Politics

2 d. ago Threatened tariffs caused bump in Chinese bike imports in July

Threatened tariffs caused bump in Chinese bike imports in July  Bicycle Retailer & Industry News

Events

4 d. ago Indian textile industry must dig deep to survive US tariff shock

The Indian textile industry is staring down its worst crisis yet, as an additional 25 per cent tariff imposed by US President Donald Trump on India for buying Russian oil came into effect on August 27, taking the total levy on India’s exports to the United States to a staggering 50 per cent. Trump’s astounding tariffs not only threaten the successful 25-year-old trade partnership between the two countries but are also becoming a defining moment for India’s textiles, posing an existential threat...

Events

1 week ago India’s exporters face ‘strategic shock’ as US tariffs over Russian oil kick in

Steep US tariffs on a range of Indian products took effect on Wednesday, threatening a severe blow to India’s overseas trade in its largest export market. US President Donald Trump had initially announced a 25 per cent tariff on Indian goods. But earlier this month, he signed an executive order imposing an additional 25 per cent tariff due to India’s purchases of Russian oil, bringing the combined tariffs imposed by the US on its ally to 50 per cent. The Indian government estimates the tariffs...

Events

1 week ago EU urged to unleash ‘trade bazooka’ in response to Trump’s tariff threats

Calls are mounting for the European Union to fire its “trade bazooka” at Washington after US President Donald Trump threatened tariffs and export restrictions on countries applying digital laws and taxes to American firms. In a late-night post on social media, Trump vowed to slap “substantial additional tariffs” and restrict the export of “technology and chips” to countries enforcing “digital taxes, legislation, rules or regulations”. While he did not name Europe directly, the American leader...

Politics

1 week ago Trump threatens China with 200% tariffs if the country withholds magnet exports

Trump threatens China with 200% tariffs if the country withholds magnet exports  Quartz

Politics

1 week ago China's net gold imports via Hong Kong more than doubled in July

China's net gold imports via Hong Kong more than doubled in July  Reuters

Politics

1 week ago Trump Threatens 200% Tariffs On China, Beijing Reportedly Rushes Top Trade Negotiator To Washington

Trump Threatens 200% Tariffs On China, Beijing Reportedly Rushes Top Trade Negotiator To Washington  Benzinga

Politics

1 week ago Trump Threatens 200% Tariffs On China If Beijing Does Not Export Rare

Trump Threatens 200% Tariffs On China If Beijing Does Not Export Rare-Earth Magnets To US  NDTV Profit

Politics

1 week ago Trump threatens China with '200% tariff or something' if Beijing not deliver US magnets

Trump threatens China with '200% tariff or something' if Beijing not deliver US magnets  Anadolu Ajansı

Politics

1 week ago Trump signals China trip, threatens Beijing with 200% tariff over magnets

Trump signals China trip, threatens Beijing with 200% tariff over magnets  MSN

Politics

1 week ago Trump threatens 200% tariff on China over key part that shut down US car plants

Trump threatens 200% tariff on China over key part that shut down US car plants  Daily Mail

Politics

1 week ago Trump Threatens China With ‘200% Or Something’ Tariffs If Magnets Deal Falls Through

Trump Threatens China With ‘200% Or Something’ Tariffs If Magnets Deal Falls Through  Stocktwits

Politics

2 w. ago China turns up oil tap from Russia as purchases of US crude remain suspended

China’s crude oil imports remained robust in July, fuelled by higher Russian shipments, while China’s purchases from the US remained suspended for a second straight month. The latest customs data shows that the volume of inbound crude oil reached 47.2 million tonnes in July, up 11.5 per cent from a year earlier. China purchased 8.71 million tonnes of crude oil from Russia, making it the top source of China’s crude imports last month, according to the official data. This marked a year-on-year...

Politics

2 w. ago The rise of Chinese bike brands and what it means for the industry

The rise of Chinese bike brands and what it means for the industry  Escape Collective

Politics

3 w. ago As Trump threatens 100% semiconductor tariffs, how will Philippine firms react?

Philippine economists and the nation’s chip industry have sounded the alarm over US President Donald Trump’s proposal to impose 100 per cent tariffs on semiconductor exports to America, warning of potentially devastating consequences. While concerns are mounting, some observers remain optimistic that Manila may weather the storm, pointing to the “Taco” (“Trump always chickens out”) slogan that has gained prominence in recent months – a nod to the mercurial president’s reputation for reversing...

Politics