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Keywords: Trade war


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......

China's new trade negotiator amid ongoing trade war

China has appointed a new lead negotiator for international trade as it faces steep tariffs imposed by U.S. President Donald Trump. On Wednesday, the Chinese Ministry of Human Resources announced that Li Chenggang has been named the country's new trade representative and vice-minister of commerce. Li......

Stocks, Dollar Slip, Bonds Pummelled Again as Trade War Roils Markets

Global markets took a hit on Friday as the intensifying trade war between major economies sparked a wave of investor anxiety. Stocks fell sharply, the U.S. dollar weakened, and bond markets suffered their worst week in decades, signaling growing fears of a global recession. The turmoil followed a series......

China to ‘Reduce’ Hollywood Movie Releases in Response to Trump’s Tariffs

China has announced plans to scale back the number of Hollywood films allowed in its theaters, a move directly tied to escalating trade tensions with the United States. The decision comes in response to the US government's imposition of steep tariffs now reaching up to 145% on Chinese goods, a policy......