The trade war between the United States and China continues to intensify, with both countries ramping up tariffs and retaliatory actions. On April 4, 2025, China announced a series of countermeasures in response to President Donald Trump‘s imposition of 34% tariffs on all Chinese imports, according to AP. These measures include additional export controls on rare earth minerals, a lawsuit …
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Trump’s tariff gambit: How it’s reshaping India, China, and the global economy – The Times of India
Chinese President Xi Jinping. (File photo) US President Donald Trump is escalating his global trade war, targeting not just China but also allies like India. As part of his “America First” economic strategy, Trump announced that India will face reciprocal tariffs starting April 2, claiming that the country imposes some of the highest duties on US goods. Meanwhile, his crackdown …
Read More »Trump Has Hinted at a Xi Visit. China Is Still Wondering What He Wants.
President Trump fueled new speculation this week about a meeting with China’s top leader, Xi Jinping, when he told reporters that Washington needed to be cleaned up to prepare for a summit between the two leaders in the “not too distant future.” Mr. Trump provided no details, and China has said nothing publicly about any such meeting. The stakes of …
Read More »Trump Turns Up Trade Pressure on China After Beijing Fails to Come Running
When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders. Canada created a “fentanyl czar” and committed fresh resources to combating …
Read More »Trump’s New Crackdown on China Is Just Beginning
President Trump’s tough talk on China typically centers on tariffs. But a closer look at the decisions he has made since taking office shows that the president is considering a far wider set of economic restrictions on Beijing, ones that could hasten America’s split from a critical trading partner. The Trump administration has so far proposed expanding restrictions on investments …
Read More »Trump Eyes a Bigger, Better Trade Deal With China
During the Biden administration, Donald J. Trump would sit in his mirrored and gold-trimmed salon at Mar-a-Lago where he had once hosted China’s leader, Xi Jinping, brooding to visitors about the outcome of the trade agreement he signed with China in 2020. Mr. Trump would castigate “stupid people” in the White House for failing to honor “my trade agreement,” and …
Read More »China Strikes Back After Trump Imposes 10% Tariff on Goods
Beijing responded swiftly on Tuesday to the tariffs President Trump had promised, announcing a fusillade of countermeasures targeting American companies and imports of critical products. Mr. Trump’s 10 percent tariff on all Chinese products went into effect at 12:01 a.m. Tuesday, the result of an executive order issued over the weekend aimed at pressuring Beijing to crack down on fentanyl …
Read More »Xi Jinping: China’s 2024 GDP growth set to hit target of around 5% – Times of India
Xi signaled that support for the economy will continue into 2025. China’s gross domestic product is expected to expand around 5% for the full year of 2024, President Xi Jinping said, signaling the world’s second-largest economy is on track to meet its official target.China’s economy was “overall stable and progressing amid stability,” Xi said at a new year event on …
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