04:51 PM @ 17/04/2025
Reacting to the White House's statement claiming China now faces up to 245 per cent tariffs on imports to the US, Chinese Foreign Ministry spokesperson Lin Jian said they should ask the US side for the "specific tax rate figures."SEE MORE04:30 PM @ 17/04/2025
China's retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States, according to a fact sheet released by the White House. Prior to the latest revision, a 145 per cent tariff was being levied on Chinese exports to the United States.SEE MORE04:26 PM @ 17/04/2025
The Ministry of Industry and Trade (MoIT) will develop and operate an early warning system for trade defence lawsuits.SEE MORE04:29 PM @ 16/04/2025
President Trump has tasked the Department of Commerce with studying the potential for imposing tariffs on critical minerals as part of a trade offensive against China, which is the dominant player in all things critical minerals.SEE MORE04:25 PM @ 16/04/2025
As the U.S. and China move further apart as a result of their burgeoning trade war, they are laying the groundwork for a new system of global trade. However, with the world’s two largest economies distancing themselves, the U.S. may find it's more reliant on China than the other way around, according to Goldman Sachs.SEE MORE