Advertising

Keywords: Trade war


European stock markets stumble amid new US tariffs

European stock markets opened mostly lower on Monday after former US President Donald Trump announced over the weekend a new wave of tariffs — 30% duties on goods imported from the European Union and Mexico — triggering fears of escalating trade tensions. In early trading, Paris lost 0.58%,......

Chinese exporters race to meet looming U.S. tariff deadline amid trade uncertainty

China's export sector saw renewed momentum in June as businesses accelerated shipments ahead of a major U.S. tariff deadline set for August. The spike in activity comes amid growing uncertainty over whether Washington and Beijing can establish a lasting trade agreement. According to Chinese customs......

US and China resume talks in London to prevent trade war

Top officials from the United States and China are set to meet in London in a renewed effort to preserve a delicate agreement on tariffs and prevent a full-scale trade war that has unsettled global markets and raised concerns of a worldwide recession. This high-stakes meeting, scheduled for Monday,......

Us and China agree to reduce tariffs, signaling trade war pause

The United States and China have reached a historic agreement to significantly reduce tariffs on each other’s goods for a period of 90 days, marking a pivotal moment in their ongoing trade relations. This accord, announced by US Treasury Secretary Scott Bessent, emerged from negotiations held over......

Canada’s Liberal Party Wins Election Dominated by Trump’s Trade War

Canada’s Liberal Party has secured a fourth consecutive term in an election shaped by escalating trade tensions with the United States under President Donald Trump. Prime Minister Mark Carney, a former economist and banker who assumed office in March, positioned himself as a defender of Canadian......

Trump states lower tariffs depend on China amid lawsuit over trade war

US President Donald Trump reaffirmed his intention to reduce the high tariffs imposed on China but emphasized that the timeline for any potential relief hinges on the actions of Beijing. Speaking to the press at the White House, Trump mentioned that he could announce new tariff rates on US trade partners,......

Trump Softens Stance on Fed Chair Powell amid Market Rally

President Donald Trump has stepped back from his previous threats to remove Jerome Powell as Chair of the Federal Reserve. His earlier criticism of Powell, particularly regarding interest rate decisions, had caused significant turbulence in financial markets. However, Trump clarified to reporters at......

Gold soars past 3500 dollars amid trade turmoil and Fed tensions

For the first time in history, the price of gold surged above $3,500 per ounce on Tuesday, driven by escalating trade tensions and growing friction between former President Donald Trump and the Federal Reserve's chair, which also led to a sharp decline on Wall Street. At 7:30 GMT, the precious metal......

China Calls for Trade Peace but Stands Ready to Respond

China’s ambassador to the United States, Xie Feng, has called on Washington to seek cooperation and mutual understanding amid growing trade tensions, while making it clear that Beijing will defend its interests if provoked. During a public appearance in Washington, as shared on the Chinese embassy’s......