China has filed a case at the World Trade Organization against India’s tariffs on tech products and solar subsidies. Beijing said these measures give Indian industries an unfair advantage and harm Chinese business interests. The move comes amid growing trade tensions between the two Asian powers. The Chinese Commerce Ministry stated that India’s tariffs and […]
trade tensions
Trump hints at new tariffs on India over rice imports
US President Donald Trump has signaled new tariffs on India, citing concerns over rice imports. He questioned why India is allowed to dump rice in the US. Trump emphasized that India must pay duties like other countries. During a White House meeting, Trump asked Treasury Secretary Scott Besant about India’s trade practices. He raised concerns […]
IMF warns of slow growth for G20 economies by 2030
WASHINGTON – The International Monetary Fund (IMF) has projected that the world’s 20 largest economies will grow by just 2.9% by 2030, marking their weakest medium-term outlook since the 2009 global financial crisis. The IMF cited protectionism, policy uncertainty, and fiscal pressures as key factors constraining growth. Read More: IMF warns corruption threatens Pakistan’s economic stability […]
EU, China agree to continue export control talks
BRUSSELS – The European Union and China agreed on Saturday to continue discussions on export control policies. EU Trade Commissioner Maros Sefcovic spoke after the meeting. Officials met in Brussels to ease trade tensions, particularly over China’s rare earth export restrictions, which are crucial for technology industries worldwide. The talks focused on China’s recent controls […]
Dollar Weakens as U.S. Economic Worries and Trade Tensions Boost Yen and Euro
TOKYO – The U.S. dollar weakened on Friday as concerns about the economy and global trade tensions encouraged expectations of more interest rate cuts by the Federal Reserve. The dollar index, which tracks the greenback against a basket of currencies, was little changed at 98.23, but is set for its biggest weekly drop in almost […]
China Calls Restrictions “Consistent with Global Practice”
BEIJING, October 17, 2025 — China on Thursday issued a seven-point rebuttal to US accusations that its new rare earth export controls amount to a “global supply-chain power grab,” as trade tensions between the two largest economies continue to escalate ahead of an expected meeting between Presidents Xi Jinping and Donald Trump. Read More: China […]
Trump Doubles Tariffs on China
WASHINGTON – US President Donald Trump has reignited the trade war with China, announcing an additional 100% tariff on Chinese goods and threatening to cancel his upcoming meeting with President Xi Jinping. Trump said the move comes in retaliation for what he described as Beijing’s “extraordinarily aggressive” decision to impose export restrictions on rare earth […]
Trump, Xi hold talks on TikTok deal and trade tensions
US President Donald Trump and Chinese President Xi Jinping spoke by phone on Friday, discussing the future of TikTok and ongoing trade tensions between the two countries. The conversation marks the second time the two leaders have spoken since Trump began his second term in January 2025. Both sides signaled that major decisions on TikTok […]
Trump threatens 35% tariff on Canadian exports starting August 1
In a new escalation of trade tensions, US President Donald Trump has sent a formal letter to Canadian Prime Minister Mark Carney, warning of a 35% import tax on Canadian exports beginning August 1. The warning marks a renewed push in Trump’s aggressive trade policy, with similar letters reportedly sent to over 20 countries this […]
China urges U.S. to eliminate tariffs amid trade tensions
China is urging the United States to completely eliminate its reciprocal tariffs. This call comes after the U.S. hinted that exemptions for certain electronic goods may not last long. A spokesperson from China’s commerce ministry emphasized the need for the U.S. to correct its mistakes and show mutual respect. The ongoing tariff war continues to […]