63 m. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

6 h. ago Chinese solar firms bank on overseas expansion to survive amid US tariffs

Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement on trade tariffs, as production abroad holds the key to their long-term survival, according to executives at China’s largest solar industry exhibition. Although the US and China reached a 90-day truce in their ongoing tariff war in May, solar panel exports from China and Southeast Asia to the US are still subject to tariffs of as much as 3,521 per cent, with...

Economics

15 h. ago Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff

Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff  TechRepublic

Politics

15 h. ago China says it will remove all tariffs on African exports to boost trade

China says it will remove all tariffs on African exports to boost trade  Reuters

Politics

16 h. ago Exclusive: French cognac makers offer China minimum import prices to fend off tariffs

Exclusive: French cognac makers offer China minimum import prices to fend off tariffs  Reuters

Economics

21 h. ago China to remove tariffs on nearly all goods from Africa as both criticise US

Twenty more African countries, mostly from the continent’s middle-income nations, are set to gain access to the world’s largest consumer market duty-free as Beijing plans to remove tariffs for all products from every African nation except eSwatini. The measure was announced as African ministers joined Beijing at a meeting in central China affiliated with the Forum on China-Africa Cooperation (FOCAC). Amid the tariff war, representatives from China and African nations accused the United States of...

Politics

23 h. ago Trump’s ‘done deal’ with China just brings tariffs back to Liberation Day levels

Trump’s ‘done deal’ with China just brings tariffs back to Liberation Day levels  Fortune

Politics

34 h. ago Small retailers on 'vacation from hell' as they seek clarity on Trump's China tariffs

Small retailers on 'vacation from hell' as they seek clarity on Trump's China tariffs  CNBC

Politics

35 h. ago Trump tariffs live updates: Bessent suggests pause extension, US

Trump tariffs live updates: Bessent suggests pause extension, US-China trade framework takes shape  Yahoo Finance

Politics

38 h. ago Tariff Rates Against China Still Historically High as Trump Touts New Trade Deal

Tariff Rates Against China Still Historically High as Trump Touts New Trade Deal  CNET

Economics

39 h. ago U.S. tariffs on China won't change again, Lutnick says after trade talks

U.S. tariffs on China won't change again, Lutnick says after trade talks  CNBC

Economics

40 h. ago Live updates: Trump announces finalized trade deal with China, says tariffs on Chinese goods go to 55%

Live updates: Trump announces finalized trade deal with China, says tariffs on Chinese goods go to 55%  AP News

Politics

40 h. ago Trump says China will face 55% tariffs as he endorses trade deal

Trump says China will face 55% tariffs as he endorses trade deal  The Guardian

Politics

40 h. ago Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%

Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%  AP News

Politics

41 h. ago Trump Says Trade ‘Deal With China Is Done.’ Tariffs Are Still On.

Trump Says Trade ‘Deal With China Is Done.’ Tariffs Are Still On.  Barron's

Politics

41 h. ago Trump says China deal 'done', Beijing to supply rare earths; tariffs on Chinese goods go to 55 per cent

Trump says China deal 'done', Beijing to supply rare earths; tariffs on Chinese goods go to 55 per cent  The New Indian Express

Politics

41 h. ago Trump says China tariffs will stay high after two days of talks

Trump says China tariffs will stay high after two days of talks  NBC News

Politics

42 h. ago Trump says US gets rare earth minerals from China in trade deal, tariffs on Chinese goods go to 55%

Trump says US gets rare earth minerals from China in trade deal, tariffs on Chinese goods go to 55%  AP News

Politics

42 h. ago Trump declares 'deal with China done'; tariffs to stand at 55%

Trump declares 'deal with China done'; tariffs to stand at 55%  www.israelhayom.com

Politics

42 h. ago Trump announces US, China have reached trade deal with 55% tariff

Trump announces US, China have reached trade deal with 55% tariff  Yahoo Finance

Politics