In Foshan, southern China, many factories are quiet where workers should be assembling high-end air fryers for the US market.
Derek Wang, a factory owner, says his American customers stopped production when tariffs, which reached 145%, were imposed under Donald Trump's "Liberation Day" policies.
Wang tried to stay positive for his 40 workers, but the tariffs hit hard. "I tried to keep smiling through my anxiety," he said. But after a recent deal to ease the trade war, Wang says his US clients have started reaching out again.
Although tariffs are still in place, with 30% on Chinese goods going to the US and a 10% tax from China on US goods, the new agreement gives factories some relief. Wang’s clients are now willing to pay for the tariffs, although they asked for lower costs.
However, many factories in China are still struggling. In Shunde, the “home appliances capital,” some US-linked factories have stopped hiring or shut down parts of their production lines. Workers, after long shifts, spend their free time in parks, enjoying activities like basketball and line dancing.
Even with the tariff relief, China’s manufacturing sector continues to face challenges.
Argentina’s President Javier Milei met Pope Leo at the Vatican, confirming the pontiff’s upcoming visit to Argentina.
Azerbaijan’s Foreign Minister Jeyhun Bayramov and Pakistan’s Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar held a phone call to discuss strengthening bilateral and multilateral cooperation.
Azerbaijani President Ilham Aliyev and Pakistani Prime Minister Shehbaz Sharif exchanged Eid al-Adha greetings in a phone call that also highlighted deepening ties and regional cooperation.
Azerbaijan is set to enhance its air combat capabilities with a $4.2 billion deal for 40 advanced JF-17C Block III fighter jets from Pakistan. The purchase marks one of the largest defense acquisitions in the region.
Chinese Vice Premier He Lifeng will visit the UK from June 8–13 for the first round of China-U.S. economic and trade consultations. Talks will include U.S. Treasury and Commerce Secretaries and Trade Representative Jamieson Greer.
U.S. President Donald Trump has warned that there could be “serious consequences” if Elon Musk provides financial support to Democratic candidates challenging Republicans who back Trump’s tax-cut bill, signalling a sharp turn in their previously cordial relationship.
The Development Bank of Latin America and the Caribbean (CAF) announced Saturday a significant boost to its commitment to ocean health, pledging an additional $2.5 billion in investments aimed at protecting marine ecosystems and fostering sustainable blue economic activities.
Argentina’s President Javier Milei met Pope Leo at the Vatican, confirming the pontiff’s upcoming visit to Argentina.
Negotiations between China and the European Union regarding electric vehicle price commitments are in their final stages, although both sides acknowledge that further efforts are required to reach a resolution.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak this week to discuss recent trade tensions, White House press secretary Karoline Leavitt said.
Peace talks between Russia and Ukraine ended abruptly in Istanbul on Monday, lasting just over an hour amid mounting tensions following a major Ukrainian drone strike on Russian strategic bombers and renewed pressure from the U.S. for a breakthrough.
Chinese Vice Premier He Lifeng will visit the UK from June 8–13 for the first round of China-U.S. economic and trade consultations. Talks will include U.S. Treasury and Commerce Secretaries and Trade Representative Jamieson Greer.
U.S. President Donald Trump has warned that there could be “serious consequences” if Elon Musk provides financial support to Democratic candidates challenging Republicans who back Trump’s tax-cut bill, signalling a sharp turn in their previously cordial relationship.
Argentina’s President Javier Milei met Pope Leo at the Vatican, confirming the pontiff’s upcoming visit to Argentina.
Negotiations between China and the European Union regarding electric vehicle price commitments are in their final stages, although both sides acknowledge that further efforts are required to reach a resolution.
Azerbaijan’s Foreign Minister Jeyhun Bayramov and Pakistan’s Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar held a phone call to discuss strengthening bilateral and multilateral cooperation.
Chinese Vice Premier He Lifeng will visit the UK from June 8–13 for the first round of China-U.S. economic and trade consultations. Talks will include U.S. Treasury and Commerce Secretaries and Trade Representative Jamieson Greer.
U.S. President Donald Trump has warned that there could be “serious consequences” if Elon Musk provides financial support to Democratic candidates challenging Republicans who back Trump’s tax-cut bill, signalling a sharp turn in their previously cordial relationship.
The Development Bank of Latin America and the Caribbean (CAF) announced Saturday a significant boost to its commitment to ocean health, pledging an additional $2.5 billion in investments aimed at protecting marine ecosystems and fostering sustainable blue economic activities.
Argentina’s President Javier Milei met Pope Leo at the Vatican, confirming the pontiff’s upcoming visit to Argentina.
Negotiations between China and the European Union regarding electric vehicle price commitments are in their final stages, although both sides acknowledge that further efforts are required to reach a resolution.
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