China and US reach deal to ease tariffs, but manufacturing struggles continue
In Foshan, southern China, many factories are quiet where workers should be assembling high-end air fryers for the US market.
In Foshan, southern China, many factories are quiet where workers should be assembling high-end air fryers for the US market.
China initiated tariff adjustments on US imports following a mutual agreement with Washington to implement a 90-day suspension of punitive duties after talks in Geneva.
Sweden announced Tuesday it will propose that the European Union to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), aiming to create the world’s largest free trade area.
As Mother’s Day approaches, new tariffs are driving up the cost of imported flowers, putting pressure on an industry already dealing with economic strain.
High tariffs are expected to remain a core feature of Donald Trump's trade policy even after new trade agreements are reached, according to several current and former advisers who spoke with Reuters.
U.S. President Donald Trump signaled support for steep tariffs on Chinese imports, calling 80% levies “right” ahead of high-level trade talks in Geneva aimed at easing escalating tensions between Washington and Beijing.
The European Union is expected to announce new tariff counter-measures on Thursday targeting U.S. aerospace exports, including Boeing jets, in response to escalating trade tensions with Washington.
President Donald Trump's recent proposal to impose a 100% tariff on foreign-made films has sent shockwaves through the global entertainment industry.
U.S. President Trump says the American movie industry is under threat and is imposing steep tariffs on all foreign-produced films in response.
In a recent interview with Time, President Donald Trump reaffirmed his stance on high tariffs, stating that they could remain in place for the foreseeable future, even suggesting that a “total victory” would mean import taxes as high as 50% within a year.
U.S. President Donald Trump on Wednesday urged Americans to remain patient following a first-quarter economic contraction, insisting the downturn was not caused by his tariff policies.
President Donald Trump stepped back—slightly. On Tuesday, he signed a new order softening his auto tariffs just days before fresh 25% duties were set to hit imported car parts.
Donald Trump's cabinet members sent mixed signals on whether tariff talks with China are underway, despite Trump's claims, fueling confusion as market instability and recession fears grow amid ongoing tensions between the world’s two largest economies.
IMF and World Bank meetings in Washington left global finance leaders with more questions than answers on the economic impact of U.S. tariffs. Discussions on trade and debt concerns highlighted growing uncertainty, as markets worry about the broader economic fallout.
Beijing has criticized Washington's pressure tactics, warning that threats and coercion are not conducive to resolving trade tensions between the two countries.
President Trump said Sunday that the world now understands the U.S. is serious about addressing trade imbalances. Following his “Liberation Day” tariff announcement, he claimed global leaders have reached out for relief, but stressed the need for fair trade and reciprocity.
China announced retaliatory sanctions on U.S. lawmakers, government officials, and NGO leaders on Monday, denouncing what it called “egregious behaviour” concerning Hong Kong-related matters.
Japan is contemplating offering concessions in the form of increased soybean and rice imports as part of ongoing trade negotiations with the United States, according to a report by the Yomiuri daily on Saturday.
In response to President Donald Trump's sweeping new tariffs, a number of global companies are eyeing expansion into the United States to minimize the economic fallout from the trade measures.
As the US-China trade war escalates under President Donald Trump’s administration, viral TikTok videos are encouraging Americans to bypass tariffs by buying directly from Chinese factories, sparking fresh concerns over counterfeit goods and luxury brand credibility.
South Korea’s finance minister said Tuesday that Seoul will seek to delay U.S. tariffs for as long as possible, as negotiations with Washington continue amid mounting pressure on the country’s export-dependent economy.
Japanese Prime Minister Shigeru Ishiba has issued his strongest warning yet about the risks U.S. tariffs pose to the global economy, calling for mutual understanding and cooperation ahead of upcoming trade talks with Washington.
Chinese officials have called on President Trump to fully cancel tariffs on Chinese goods as tensions between the two countries persist.
Electronics imported into the U.S. will be exempt from President Donald Trump’s new reciprocal tariffs, according to a U.S. Customs and Border Protection notice posted Friday. The exemption, effective from April 5, includes smartphones, computer monitors, and various electronic components.
You can download the AnewZ application from Play Store and the App Store.