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Keywords: Trade tensions


Xi and Macron commit to deepening China–France cooperation

Chinese President Xi Jinping and French President Emmanuel Macron reaffirmed their intention to strengthen bilateral cooperation during high-level talks held Thursday in Beijing. The two leaders met at the Great Hall of the People for a private discussion following an official welcome ceremony, where......

EU warns US against expanding steel and aluminum tariff scope amid trade tensions

European Union officials are preparing to confront U.S. Commerce Secretary Howard Lutnick over Washington's efforts to expand the list of EU products subject to elevated steel and aluminum tariffs. This expansion threatens to undermine a trade agreement reached just months ago designed to cap tariffs......

United States and India sign 10-year defense pact amid trade tensions

The United States and India have solidified their strategic partnership by signing a 10-year defense framework agreement during the expanded ASEAN Defense Ministers’ Meeting in Kuala Lumpur. The agreement, announced on Friday, underscores that military cooperation can endure even amidst significant......

EU threatens trade sanctions over China's rare earth export restrictions

The President of the European Commission, Ursula von der Leyen, has issued a stern warning to China, signaling that the European Union may deploy its most powerful trade weapon in response to Beijing’s tightening control over rare earth exports. The move, which has disrupted European supply chains,......

Canada slashes tariff-free car imports for GM and Stellantis over production cuts

Canada announced on Thursday it will cut duty-free import quotas for General Motors (GM) and Stellantis by up to 50%, escalating tensions in the North American automotive trade dispute triggered by former President Donald Trump’s tariffs. The decision is a response to both automakers scaling back......

Beijing accuses Washington of “Double Standards” over new tariffs

China has accused the United States of applying “double standards” after President Donald Trump announced an additional 100% tariff on Chinese goods, set to be added to existing duties. Trump justified this move as a response to what he described as China’s “extraordinarily aggressive......

88 Countries suspend postal services with the United States

A total of 88 countries have either fully or partially suspended their postal services to the United States, causing a drop of over 80% in mail traffic to the country following the imposition of new tariffs by Washington, the United Nations postal agency announced on Saturday. The Universal Postal Union......

EU advances Mercosur trade deal as French resistance eases

The European Commission has formally submitted the EU-Mercosur trade agreement for ratification, signaling a critical step in the world's largest proposed free trade pact. This development comes amidst signs of softening opposition from France, traditionally one of the deal’s most vocal critics.......

Gold hits record $3,516 as stocks tumble amid trade fears

The price of gold surged to an unprecedented $3,516 per ounce on Tuesday, propelled by mounting economic uncertainty that drove investors away from equities. The precious metal briefly hit $3,516.31 during Asian trading before settling near $3,508.50, marking a significant milestone in its continued......