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US President Trump Says He's Willing To Lower China Tariffs For This Reason
President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies are so high that the two of the world's largest economies have essentially stopped doing business with each other
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iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India
A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said.
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Meta Opens Threads to Advertisers Globally
Meta Platforms said on Wednesday it is expanding advertising on its social network Threads to all eligible advertisers globally. A growing user base on Threads—exceeding 320 million monthly users—and uncertainty surrounding a potential TikTok ban in the US could bolster Meta's ability to attract advertisers.
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International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
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US Slaps Tariffs Up To 3,521% On Solar Imports From These Asian Nations
In its latest tariff salvo, the Trump administration in the United States has imposed new duties-- as high as 3,521%-- on solar imports from Southeast Asian countries.
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US Unveils New Port Fees For Chinese-Linked Ships
The United States unveiled new port fees on Chinese built and operated ships, in a bid to boost the domestic shipbuilding industry and curb China's dominance in the sector.
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Chinese Economy Grew 5.4% In First Quarter Amid New US Tariffs
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.
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Trump Sets Stage For New Tariffs With Probe Into Pharma, Chip Imports
Amid US President Donald Trump's fresh tariff threats, the federal government in America has opened an investigation into the effects of importing certain pharmaceuticals and semiconductors on national security.
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"Tax On Americans": China's Message To US Citizens Amid Trump's Tariff War
Amid the escalating trade war between the United States and China, Beijing seems to have altered its strategy of dealing with Washington by aiming its message directly at the American public instead of the Trump administration.
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Opinion | More Factories, More Deals: How China Plans To Trump Trump
China is gearing up for the future. It's now developing new industrial capabilities and opening new manufacturing units to boost its exports. This poses a threat to manufacturing in the United States.
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Donald Trump Raises Tariffs On China To 104%, Effective Today: White House
Donald Trump has followed through on his threat of "additional 50 per cent tariffs" on China starting Wednesday. The White House announced that this will make America's new tariff on China an unprecedented 104 per cent.
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Apple Reportedly Plans to Redirect iPhone Units From India to the US Amidst Ongoing Tariff Troubles
Apple plans to ship more iPhone units manufactured in India to the US, aiming to reduce the impact of new US tariffs on Chinese goods, according to a report. The iPhone maker is also said to be seeking a tariff exemption, as it continues to diversify its supply chain away from China, a key manufacturing hub for its flagship iPhone model.
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China Responds To US With 34% Retaliatory Tariff As Trade War Escalates
China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products.
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Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
-
Donald Trump Announces 26% "Discounted Reciprocal Tariff" On India
President Donald Trump on Wednesday announced huge new tariffs of 34 percent on imports from China and 20 percent on imports from the European Union -- two of the main US trade partners.
-
US President Trump Says He's Willing To Lower China Tariffs For This Reason
President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies are so high that the two of the world's largest economies have essentially stopped doing business with each other
-
iPhone Production Said to Have Started at New Tata Plant, Foxconn Close Behind as Apple Looks to India
A new plant making iPhones in southern India has started production and another will begin shipments in May, as Apple looks to boost manufacturing beyond its tariff-hit main manufacturing hub, China, sources said.
-
Meta Opens Threads to Advertisers Globally
Meta Platforms said on Wednesday it is expanding advertising on its social network Threads to all eligible advertisers globally. A growing user base on Threads—exceeding 320 million monthly users—and uncertainty surrounding a potential TikTok ban in the US could bolster Meta's ability to attract advertisers.
-
International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
-
US Slaps Tariffs Up To 3,521% On Solar Imports From These Asian Nations
In its latest tariff salvo, the Trump administration in the United States has imposed new duties-- as high as 3,521%-- on solar imports from Southeast Asian countries.
-
US Unveils New Port Fees For Chinese-Linked Ships
The United States unveiled new port fees on Chinese built and operated ships, in a bid to boost the domestic shipbuilding industry and curb China's dominance in the sector.
-
Chinese Economy Grew 5.4% In First Quarter Amid New US Tariffs
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.
-
Trump Sets Stage For New Tariffs With Probe Into Pharma, Chip Imports
Amid US President Donald Trump's fresh tariff threats, the federal government in America has opened an investigation into the effects of importing certain pharmaceuticals and semiconductors on national security.
-
"Tax On Americans": China's Message To US Citizens Amid Trump's Tariff War
Amid the escalating trade war between the United States and China, Beijing seems to have altered its strategy of dealing with Washington by aiming its message directly at the American public instead of the Trump administration.
-
Opinion | More Factories, More Deals: How China Plans To Trump Trump
China is gearing up for the future. It's now developing new industrial capabilities and opening new manufacturing units to boost its exports. This poses a threat to manufacturing in the United States.
-
Donald Trump Raises Tariffs On China To 104%, Effective Today: White House
Donald Trump has followed through on his threat of "additional 50 per cent tariffs" on China starting Wednesday. The White House announced that this will make America's new tariff on China an unprecedented 104 per cent.
-
Apple Reportedly Plans to Redirect iPhone Units From India to the US Amidst Ongoing Tariff Troubles
Apple plans to ship more iPhone units manufactured in India to the US, aiming to reduce the impact of new US tariffs on Chinese goods, according to a report. The iPhone maker is also said to be seeking a tariff exemption, as it continues to diversify its supply chain away from China, a key manufacturing hub for its flagship iPhone model.
-
China Responds To US With 34% Retaliatory Tariff As Trade War Escalates
China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products.
-
Apple Production Hubs Hit by Tariffs, Sending Shares Plummeting
Apple is finding itself squarely in the crosshairs of President Donald Trump’s new tariffs. The tariffs cover many Apple manufacturing centers, undercutting efforts to shift away from China. India, where Apple is increasingly building iPhones and AirPods for instance, is getting a 26 percent reciprocal tariff.
-
Donald Trump Announces 26% "Discounted Reciprocal Tariff" On India
President Donald Trump on Wednesday announced huge new tariffs of 34 percent on imports from China and 20 percent on imports from the European Union -- two of the main US trade partners.
