Trump turned the tide in his trade war
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Trump hosting Philippines leader to talk tariffs and China
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President Donald Trump on Tuesday said a trip to China might be “not too distant,” raising prospects that the leaders of the world's two largest economies may meet soon to help reset relations after moving to climb down from a trade war.
If the former PM detected any hint of hypocrisy in US politicians asking for help on standing up to economic coercion, he was too polite to acknowledge it.
Logistics property owners are losing out to their rivals in India, where rents increased this year from the second half of 2024.
The GENIUS Act could be the Trump administration's attempt at countering China's de-dollarization push. President Donald Trump makes no secret of the fact that the U.S. is engaged in a geopolitical competition with China. While the U.S. is still the largest economy in the world, it is closely followed by the Asian superpower.
China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.
How, then, to explain the resilience of China’s exports in the turmoil of the global trade war? Some companies have been “front-loading”, or shipping extra goods to America, on fears that the truce will not hold and levies will increase further later.
Given trade disputes, a technological power struggle and dissension over support for Russia and sanctions, European and Chinese officials have struggled to hide their disagreements ahead of the July 24 summit.
China's commerce minister and the European Union's trade chief had a "candid and in-depth" discussion on economic and trade cooperation as well as other issues that both sides face, the Chinese ministry said on Wednesday.
The U.S. gets almost all of its fireworks from China, and the industry is warning that tariffs on Chinese imports could limit supply and send prices soaring.
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