The Chinese Minister of Commerce, Wang Wentao had discussions with his Saudi Arabian and South African counterparts to exchange views on responding to the United States’ “reciprocal tariffs”. The ministry said of Friday that the conversations took place over separate… China speaks with Saudi Arabia, South Africa about response to US tariffs …C0NTINUE READING HERE … Read more
Australia on Thursday turned down Beijing’s proposal to work together to counter US tariffs. This was as it said it would instead continue to diversify its trade and lower its reliance on China, its largest trading partner. Deputy Prime Minister Richard Marles stated this… Australia declines China’s offer to ‘join hands’ to fight US tariffs … Read more
Madagascar is at the verge of losing around 60,000 textile sector jobs due to the US President Donald Trump’s 47% tariff on the country. According to the formula used to calculate the latest US tariffs, low-income countries like Madagascar which import small quantities of US… US tariffs: Madagascar risks losing 60,000 textile jobs …C0NTINUE READING … Read more
European Union countries will, on Wednesday, approve the bloc’s first countermeasures against U.S. President Donald Trump’s tariffs, joining China and Canada in retaliating and escalating a conflict that could become a global trade war. This will come on the day that… EU countries set to approve first retaliation against US tariffs …C0NTINUE READING HERE >>>>
American billionaire businessman, Elon Musk made repeated attempts to try to stop his principal, President Donald Trump from continuing with the wave of global tariffs, according to Washington Post. The tariffs imposed on countries globally have created turmoil in… US tariffs: Rift between Trump, Elon Musk grows as President rejects advice to reverse decision …C0NTINUE … Read more
Singapore on Tuesday said US President Donald Trump’s tariffs are not actions one does to a friend, stating that the government will likely downgrade this year’s economic growth forecast. Prime Minister Lawrence Wong, in an address to Parliament, warned that the likelihood… Singapore condemns US tariffs …C0NTINUE READING HERE >>>>
China has vowed to fight President Donald Trump of the United States’ tariffs ‘to the end.’ China’s commerce ministry stated this following President Trump’s threat to hand fresh levies of 50% on imports from the world’s second-largest economy. “The US threat to… US tariffs: ‘We’ll fight to the end’ – China warns Trump over threat … Read more
The European Union on Monday said it would start collecting retaliatory duties on some imported U.S. goods next week as EU trade ministers agreed they preferred negotiations to remove tariffs imposed by President Donald Trump over retaliation. The 27-nation bloc faces 25%… US tariffs: EU to start collecting duties in one week …C0NTINUE READING HERE … Read more
The European Union has expressed its readiness to negotiate with the United States of America with an offer of zero tariffs on industrial goods. The EU, however, said it was planning on how to defend interests. The European Commission president Ursula von der Leyen, said this… US tariffs: We’re ready for negotiation – EU declares … Read more
A Chinese foreign ministry spokesperson, Lin Jian, said on Monday that threats and pressure are not the right way to deal with China, describing US President Donald Trump’s “reciprocal tariffs” as bullying. Lin, who stated this while speaking at a press conference,… China calls US tariffs ‘bullying’, seeks consultations …C0NTINUE READING HERE >>>>