US President Donald Trump has announced sweeping new tariffs on all goods imported from America’s three largest trading partners, China, Mexico and Canada. Trump said the US would impose tariffs of 25% on Canada and Mexico, and 10% on China. Canadian energy faces a lower 10% tariff. He had threatened to impose the import taxes…
Peter Hoskins Business reporter Getty Images US President Donald Trump will impose tariffs on Saturday of 25% on Mexico, 25% on Canada and 10% on China on 1 February, says the White House. But Trump said on Friday that Canadian oil would be hit with lower tariffs of 10%, which could take effect later, on…
U.S. President Donald Trump signs executive orders in the Oval Office at the White House in Washington, U.S., Jan. 30, 2025. Elizabeth Frantz | Reuters In an apparent ending to weeks of intense speculation, the White House confirmed Friday that President Donald Trump will be leveling aggressive tariffs this weekend on major U.S. trading partners….
Jaque Silva | Nurphoto | Getty Images Google‘s maps division on Monday reclassified the U.S. as a “sensitive country,” a designation it reserves for states with strict governments and border disputes, CNBC has learned. The new classification for the U.S. came after President Donald Trump said his administration would make name changes on official maps…
Workers produce garments for export to overseas markets at Sihong Guoshun Garment Co., Ltd. in Weiying town, Sihong County, Suqian city, East China’s Jiangsu province, on January 23, 2025.. Costfoto | Nurphoto | Getty Images China’s factory activity in January unexpectedly contracted, reversing the expansionary momentum in the past three months, partly due to a…
The U.S. may have led China in the artificial intelligence race for the past decade, according to Alexandr Wang, CEO of Scale AI, but on Christmas Day, everything changed. Wang, whose company provides training data to key AI players including OpenAI, Google and Meta, said Thursday at the World Economic Forum in Davos, Switzerland, that…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday. About…
Wu Qing, chairman of the China Securities Regulatory Commission, answers a question at a press conference during the second session of the 14th National People’s Congress in Beijing on March 6, 2024. Wang Zhao | AFP | Getty Images China’s financial regulators on Thursday unveiled a slew of measures to urge large state-owned mutual funds…
US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC, on Jan. 20, 2025. Jim Watson | AFP | Getty Images Donald Trump’s return to the White House is expected to usher in further hostilities between the U.S. and China. Yet, could his love of a transactional…
US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC, on Jan. 20, 2025. Jim Watson | AFP | Getty Images Donald Trump’s return to the White House is expected to usher in further hostilities between the U.S. and China. Yet, could his love of a transactional…
