Watch: Is the US heading into a recession? Three warning signs to watch Chinese officials are calling on US President Donald Trump to “completely cancel” his so-callled reciprocal tariffs, as a trade war between the world’s two biggest economies grinds on. This week, Trump announced a 90-day pause for a host of global tariffs he…
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank…
Hundreds of flights have been cancelled and train lines were suspended as gales hit Beijing and northern China on Saturday. By 11:30 local time (03:30 GMT) on Saturday, 838 flights had been cancelled at the capital’s two major airports, according to the Reuters news agency. Wind gusts of up to 93mph (150 kph) – the…
The flags of the European Union (L) and China stand side by side at the Chancellery on June 20, 2023 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images China and the European Union are unlikely to become close allies quickly, analysts say, even as U.S. President Donald Trump’s tariffs sour relations…
Workers have been told to hurry home, classes have been suspended and outdoor events have been cancelled as northern China braces for extreme winds this weekend. Millions have been urged to stay indoors, with some state media outlets warning that people weighing less than 50kg (110lbs) may be “easily blown away”. Winds reaching 150kph (93mph)…
People shop at an Apple store in Grand Central Station in New York on April 4, 2025. Michael M. Santiago | Getty Images Though U.S. President Donald Trump’s 90-day pause on many of his “reciprocal tariffs” has given some firms and investors respite, America’s largest company, Apple, hasn’t been so lucky. The Cupertino-based tech giant…
An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China will not be able to wield a weaker yuan as a weapon in its deepening trade war with the U.S. due to concerns that such a move could trigger financial market instability, market watchers told CNBC….
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters President Donald Trump’s tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York. “It depends on how narrowly the tariff…
Liv McMahon Technology reporter Reuters The world’s most popular gadgets – phones, laptops, tablets, smartwatches – could be about to get a lot more expensive in the US. Many of them are made in China, which now faces a 125% tariff on its goods imported to the US, under President Donald Trump’s controversial trade policy….
China’s consumer prices contracted for a second straight month, while producer price deflation got further entrenched, as Chinese exporters brace for more pain amid an escalating trade war with the U.S. Consumer price index slid 0.1% year on year in March, remaining in deflationary territory after having contracted 0.7% in February, according to data released…
