Us China Trade War News - Latest Updates & Headlines
US President Trump exempts phones, computers and other electronics from reciprocal tariffs
Washington, DC, April 13: The Trump administration in the US has exempted electronics like phones, computers and other electronics from the reciprocal tariffs imposed on other nations, including China, The Hill reported.
India to be carefully watching developments in US-China trade war, says foreign policy expert
New Delhi, April 13: As the US and China engage in a tariff war, Tanvi Madan, Senior Fellow at the Brookings Institution, said on the sidelines of the Carnegie Global Tech Summit that India is going to be carefully watching these developments. She also spoke about the increasing Indo-US partnership across areas such as security cooperation.
US exemption on electronics: India has clear tariff edge over China
New Delhi, April 13: Industry leaders and experts on Sunday welcomed the Donald Trump administration's decision to exempt smartphones, computers and other electronics imported to the country from reciprocal tariffs -- a move which has given India a definitive edge over China.
Lot of pressure from markets on US govt to change course: says Carnegie Endowment's Evan Feigenbaum
New Delhi, April 12: Evan A. Feigenbaum, Vice President for studies at the Carnegie Endowment for International Peace, believes that the financial markets are pressuring the US administration to change course.
EU has tools to respond to trade war, preparing toolbox for several months: Carnegie Europe Director Rosa Balfour
New Delhi, April 12: Carnegie Europe Director Rosa Balfour said that the European Union has the tools to respond to the trade war and has been preparing the tool box for several months. She said that Europe could reach out to other nations if there was a trade war between the US and China.
Tariffs pause to offer Indian businesses advantage where it directly competes with China: GTRI
New Delhi, April 11: The pause in reciprocal tariffs by the US adminstration offers Indian businesses a short-term advantage--especially in sectors like textiles, leather, engineering, and electronics, where India competes directly with China, said Global Trade Research Initiative (GTRI) Founder, Ajay Srivastava.
Seoul shares end lower on escalating US-China tariff row
Seoul, April 11: South Korean stocks finished lower on Friday amid an intensifying trade conflict between the United States and China stemming from Washington's reciprocal tariff scheme. The Korean won rose against the US dollar.
Trump says tariffs will be back on July 9 for no-deal countries; 26 pc for India
Washington, April 10: US President Donald Trump on Thursday said trading partner countries that are not able reach an agreement with the US by July 9, when the 90-day pause ends, goods coming to the US from there will be tariffed at the reciprocal rate announced originally.
EU President Von der Leyen backs Trump's tariff pause amid US-China trade clash
Brussels, April 10: European Commission President Ursula von der Leyen has welcomed US President Donald Trump's announcement to pause reciprocal tariffs for dozens of countries, calling it a necessary move to help stabilise the global economy amid intensifying trade tensions between the United States and China.
Asian markets rallied after Trump announce 90-day pause on tariffs, Indian markets closed for Mahavir Jayanti
New Delhi, April 10: Asian stock markets surged on Thursday after US President Donald Trump announced a 90-day pause on tariffs for 75 countries, including India. This decision brought some relief to global investors amid rising trade tensions.
China retaliates, increases tariff on US goods to 84 per cent
Beijing, April 9: In a retaliatory move, China on Wednesday announced it will increase its tariff on US goods from 34 per cent to 84 per cent starting April 10, Al Jazeera reported.
Seoul shares dip to 17-month low on Trump tariffs; won sinks to 16-year low
Seoul, April 9: South Korean stocks fell by nearly 2 percent to a 17-month low on Wednesday as the Donald Trump administration's sweeping tariffs stoked fears of an intensifying trade war between the United States and China. The local currency fell sharply against the US dollar.
Apple may export more iPhones from India amid global uncertainties: Report
New Delhi, April 8: Tech giant Apple is planning to increase its iPhone exports from India to the United States in an effort to avoid the high tariffs placed on Chinese goods.
Trump threatens additional 50 pc tariffs on China amid escalating trade tensions
Washington, DC, April 7: US President Donald Trump on Sunday warned of new and significantly higher tariffs on Chinese goods if Beijing does not withdraw a recent 34 per cent retaliatory tariff hike, threatening to end all ongoing talks with China.
US tariffs: Gold, crude oil prices tumble amid global uncertainty
New Delhi, April 7: The effect of the newly announced reciprocal tariffs by US President Donald Trump is now being felt in the global commodity markets, with sharp declines seen in the prices of key commodities like gold and crude oil.
Bloodbath at Pakistan Stock Exchange amid US-China trade war fears
Karachi, April 7: Pakistan Stock Exchange (PSX) nosedived Monday even as the trading was temporarily suspended for one hour to cool off market volatility and prevent panic selling. However, despite the one-hour gap, the market reopened only to fall further as US-imposed tariffs and China's retaliatory moves on goods triggered tensions in global markets.
Indian markets follow global sell-off amid tariff jitters, Nifty closes above 22,100
Mumbai, April 7: The Indian stock markets went through a major sell-off on Monday amid global crash, with domestic benchmark indices falling sharply – registering their biggest one-day fall since June 4 last year when the Lok Sabha election results were announced.
Why is Indian stock market crashing?
Mumbai, April 7: The Indian stock market faced a massive sell-off on Monday, as the escalating trade war between the United States (US) and China sent shockwaves through global financial markets.
China stocks on course for worst single-day crash since 2008 crisis
New Delhi, April 7: Chinese stocks nosedived sharply on Monday after Beijing slapped back at the US with retaliatory tariffs, sparking fears of a persistent trade war between two major economies.
Not going to lose a trillion dollars for the privilege of buying pencils from China, Trump takes a dig, justifies tariffs
Washington DC, April 7: US President Donald Trump made sharp remarks towards China as the US has implemented retaliatory tariffs with a goal of bridging the trade deficits with several countries. This has also impacted the stock markets.
President has been very tough on China: US Press Secy Leavitt says on tariffs
Washington DC, March 6: The White House said that US President Donald Trump has been very tough on China when it came towards the imposition of tariffs on the country.
India stocks witness bloodbath over US-China tariff threat fears; Sensex, Nifty down nearly 2%
New Delhi, February 28: Indian stock indices witnessed a bloodbath on Friday, with both Sensex and Nifty tumbling close to 2 per cent each, at the time of filing this report.
Trump to speak with Xi as China announces retaliatory tariffs
Beijing, February 5: United States President Donald Trump is set to speak with Chinese President Xi Jinping, Al Jazeera reported on Tuesday, citing Trump's top trade adviser, Peter Navarro.
US-China trade war to benefit India, say government sources
By Shailesh Yadav, New Delhi, February 4: The trade war between the US and China is going to benefit India, government sources told ANI.
China denounces US's tariffs, says they are open for talks
Beijing, February 2: China has strongly denounced US President Donald Trump's decision of imposing tariffs, while also leaving the door open for talks to avoid a deepening conflict, Al Jazeera reported on Sunday.
China proposes export controls on critical EV technology
Hong Kong, January 4: China is planning to impose new export restrictions on technologies used to extract minerals vital for the global electric vehicle (EV) industry, signalling an escalation in its ongoing tech rivalry with the United States, CNN reported.