As trade tensions between the United States and China show no signs of easing under former President Donald Trump’s renewed tariff-heavy rhetoric, India is quietly positioning itself to benefit from the fallout seeking strategic trade bargains with Beijing that could bolster its own economic ambitions. Sources within India’s Ministry of Commerce confirm that backchannel discussions […]
China has called on the United States to fully eliminate tariffs imposed during the Trump administration, signaling renewed pressure on Washington to ease trade restrictions amid ongoing high-level talks between the two global powers. Speaking at a press briefing on Friday, Chinese Ministry of Commerce spokesperson Shu Jueting emphasized that the remaining tariffs “do not […]
The Hong Kong government has reaffirmed its commitment to strengthening the city’s status as a global logistics, shipping, and aviation hub, pledging targeted support and investment to navigate the mounting challenges posed by ongoing U.S.-China trade tensions. Speaking at a high-level industry forum on Friday, Secretary for Transport and Logistics Lam Sai-hung said Hong Kong […]
The euro surged to a three-year high against the U.S. dollar this week, as mounting concerns over U.S. trade policy and escalating tariff tensions triggered a broad shift in investor sentiment, pushing capital away from American assets and into European markets. The rally, which saw the euro climb past $1.16 for the first time since […]
The U.S. government has confirmed that it is undertaking a comprehensive review of its tariff policy toward China, with officials stating that “all options” are on the table as they seek to revise the current framework amid ongoing trade tensions. The announcement signals a potential shift in how the U.S. handles its trade dispute with […]
In a significant show of regional solidarity, China has pledged US$137 million in humanitarian aid to Myanmar following a powerful earthquake that struck the country earlier this week, leaving hundreds dead, thousands displaced, and critical infrastructure in ruins. The announcement, made by China’s Foreign Ministry on Thursday, positions Beijing as one of the largest international […]
Former U.S. President Donald Trump’s sweeping new tariff proposal has sent shockwaves through global markets, prompting more than 50 countries to urgently seek talks with Washington amid fears of a cascading economic downturn. The announcement which includes sharp tariff hikes on a broad spectrum of imports, primarily targeting China but extending to other major trading […]
As the United States ramps up tariffs on Chinese imports amid escalating trade tensions, Indian manufacturers may find themselves in a prime position to capture a larger share of the American market, according to a new report from the Global Trade Research Initiative (GTRI). The report suggests that heightened duties on a wide range of […]
Former U.S. President Donald Trump is turning his attention to Africa, signaling a renewed focus on the continent as a strategic battleground in the ongoing competition with China. As he positions himself for a potential return to the White House, Trump is sharpening his rhetoric around countering Beijing’s growing influence across Africa a region increasingly […]
In a stark escalation of cyber tensions, China has linked a series of high-profile cyberattacks on U.S. infrastructure to American support for Taiwan, accusing Washington of provoking Beijing with its increasing military and diplomatic backing of the self-governed island. Chinese officials, in a rare public statement, warned that further American actions in support of Taiwan […]
