Stories tagged “Trade War.”
9 stories
China's view of Trump's America has shifted from alarm to a shrug, with Chinese scholars now seeing his approach as a negotiating tactic rather than a crusade. This shift is due to the US's bipartisan hostility towards China, which has led to a price tag that China finds …
The United States accounts for roughly 70 per cent of Canadian exports. The Trump administration on Sunday warned that Canada would be 'foolish' to think it could win a trade war with the United States, predicting a 'devastating' impact on its northern neighbour.
Canada Prime Minister Mark Carney announced retaliatory tariffs on the United States after walking away from a 'bad deal' on trade in a deepening rift between the longtime allies.
Canada's Prime Minister Mark Carney has walked away from trade talks with the US, calling President Donald Trump's bluff. The move is a significant test for Carney, who has vowed to fight for Canada in the face of a Trump administration keen to exert economic pressure.
The US has imposed fresh tariffs on China and 50-plus economies, while the AI gap between the two nations has narrowed. Asian-American groups fear Trump's rhetoric will fuel racism in the US.
Yen surges to lower 157 versus dollar after Japan authorities step in
The Japanese yen briefly surged to the lower 157 level against the U.S. dollar in New York on Friday, with Japanese government sources confirming a yen-buying, dollar-selling intervention by currency authorities.
The Trump administration has accused Chinese start-up Moonshot AI of covertly extracting capabilities from leading US artificial intelligence models and obtaining restricted Nvidia chips abroad.
As trade tensions with China reach boiling point, EU officials are ramping up engagement with Beijing in search of an off-ramp. Europe is preparing for a trade war, with a steely determination to ensure the bloc's manufacturing heartlands are not deindustrialised by the '…
US launches Germany pharma pricing probe, raising threat of new tariffs
The US has launched an investigation into Germany's pharmaceutical pricing policies, potentially leading to new tariffs. The probe aims to determine if Germany's practices unfairly underpay for innovative medicines and burden US commerce.