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Made in India iPhones Will Still Be Cheaper in the US, Even With Donald Trump's 25 Percent Tariff: GTRI Report
Manufacturing iPhones in India remains significantly more cost-effective than in the US, even with a potential 25 percent tariff, according to a report from the Global Trade Research Initiative (GTRI). US President Donald Trump recently threatened to impose a 25 percent tariff on Apple if it increases production in India, but GTRI suggests India's ...
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How Trump's Man In Beijing Swung From Trade Globalist To China Hawk
The new US envoy to China, Ambassador David Perdue is former champion of global trade turned China hawk who will emphasize his close ties to President Donald Trump as he seeks to restore crucial lines of communication between Washington and Beijing.
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China Slams US-UK Trade Deal, Calls It 'Poison Pills' Worse Than Tariffs
These conditions have raised concerns in Beijing, with Zhang Yansheng, a senior researcher at the China Academy of Macroeconomic Research, describing the deal's clauses as "poison pills" that are worse than tariffs.
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China, US Slash Sweeping Tariffs On Each Other, But Is The Trade War Over?
After days of high-level negotiations, the trade standoff between the United States and China temporarily paused on Wednesday, with two of the world's largest economies slashing sweeping tariffs on each others' goods for 90 days.
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China Lifts Ban On Boeing Imports After Trade Talks With US: Report
China has lifted a ban on domestic airlines accepting new Boeing aircraft, a report said Tuesday, after Beijing and Washington agreed to temporarily lower tariffs in a major de-escalation of their trade war.
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Fentanyl Is A US Issue, Says China, Calls Punitive Tariffs Unreasonable
The responsibility of tackling the fentanyl issue in the United States lies within the US itself, China's foreign ministry said on Tuesday, rejecting the punitive tariffs Washington imposed on Beijing for not stemming the inflow.
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Massive Rally In Wall Street After US, China De-Escalate Trade War
Wall Street stocks finished solidly higher Monday, cheering an announcement that the United States and China sharply de-escalated a trade war that has rattled global markets.
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Relationship With China Is Now "Very Good": Trump After Geneva Trade Talks
Following trade talks in Geneva, in which the United States and China agreed to withdraw reciprocal tariffs for an initial 90-day period, US President Donald Trump described the outcome as a "total reset" in relations with China.
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Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
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US, China Reach Deal To Slash Reciprocal Tariffs By 115%
The US and China will temporarily lower tariffs on each other's products, according to a joint statement released in Geneva, in a move to cool trade tensions and give the world's two largest economies three more months to resolve their differences.
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This US-Owned Toy Factory In China May Shutdown Due To High Tariffs
The emails started pouring in on April 9, the day President Donald Trump's 145% tariff on Chinese imports took effect. Clients were canceling orders for toys from Huntar Company Inc.'s factory in Guangdong Province, China.
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Donald Trump's "Total Reset" Remark After Marathon US-China Tariff Talks
Chinese Vice Premier He Lifeng met for about eight hours with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in their first face-to-face meeting.
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China Sales To US Drop Amid Donald Trump's Tariffs War
China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival.
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US, China To Meet For Talks On Tariff War. A Look At Where Things Currently Stand
US and Chinese officials meet this weekend in Geneva for their first formal talks aimed at resolving a gruelling tit-for-tat tariff war that threatens hundreds of billions in trade and roiled global markets and supply chains.
-
Trump's Big Teaser Before US-China Trade Talks In Switzerland This Week
US President Donald Trump has teased a "very, very big announcement" on Thursday. According to the American commander-in-chief, his upcoming announcement is a "major trade deal" with a "big, highly respected country".
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Made in India iPhones Will Still Be Cheaper in the US, Even With Donald Trump's 25 Percent Tariff: GTRI Report
Manufacturing iPhones in India remains significantly more cost-effective than in the US, even with a potential 25 percent tariff, according to a report from the Global Trade Research Initiative (GTRI). US President Donald Trump recently threatened to impose a 25 percent tariff on Apple if it increases production in India, but GTRI suggests India's ...
-
How Trump's Man In Beijing Swung From Trade Globalist To China Hawk
The new US envoy to China, Ambassador David Perdue is former champion of global trade turned China hawk who will emphasize his close ties to President Donald Trump as he seeks to restore crucial lines of communication between Washington and Beijing.
-
China Slams US-UK Trade Deal, Calls It 'Poison Pills' Worse Than Tariffs
These conditions have raised concerns in Beijing, with Zhang Yansheng, a senior researcher at the China Academy of Macroeconomic Research, describing the deal's clauses as "poison pills" that are worse than tariffs.
-
China, US Slash Sweeping Tariffs On Each Other, But Is The Trade War Over?
After days of high-level negotiations, the trade standoff between the United States and China temporarily paused on Wednesday, with two of the world's largest economies slashing sweeping tariffs on each others' goods for 90 days.
-
China Lifts Ban On Boeing Imports After Trade Talks With US: Report
China has lifted a ban on domestic airlines accepting new Boeing aircraft, a report said Tuesday, after Beijing and Washington agreed to temporarily lower tariffs in a major de-escalation of their trade war.
-
Fentanyl Is A US Issue, Says China, Calls Punitive Tariffs Unreasonable
The responsibility of tackling the fentanyl issue in the United States lies within the US itself, China's foreign ministry said on Tuesday, rejecting the punitive tariffs Washington imposed on Beijing for not stemming the inflow.
-
Massive Rally In Wall Street After US, China De-Escalate Trade War
Wall Street stocks finished solidly higher Monday, cheering an announcement that the United States and China sharply de-escalated a trade war that has rattled global markets.
-
Relationship With China Is Now "Very Good": Trump After Geneva Trade Talks
Following trade talks in Geneva, in which the United States and China agreed to withdraw reciprocal tariffs for an initial 90-day period, US President Donald Trump described the outcome as a "total reset" in relations with China.
-
Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
-
US, China Reach Deal To Slash Reciprocal Tariffs By 115%
The US and China will temporarily lower tariffs on each other's products, according to a joint statement released in Geneva, in a move to cool trade tensions and give the world's two largest economies three more months to resolve their differences.
-
This US-Owned Toy Factory In China May Shutdown Due To High Tariffs
The emails started pouring in on April 9, the day President Donald Trump's 145% tariff on Chinese imports took effect. Clients were canceling orders for toys from Huntar Company Inc.'s factory in Guangdong Province, China.
-
Donald Trump's "Total Reset" Remark After Marathon US-China Tariff Talks
Chinese Vice Premier He Lifeng met for about eight hours with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in their first face-to-face meeting.
-
China Sales To US Drop Amid Donald Trump's Tariffs War
China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival.
-
US, China To Meet For Talks On Tariff War. A Look At Where Things Currently Stand
US and Chinese officials meet this weekend in Geneva for their first formal talks aimed at resolving a gruelling tit-for-tat tariff war that threatens hundreds of billions in trade and roiled global markets and supply chains.
-
Trump's Big Teaser Before US-China Trade Talks In Switzerland This Week
US President Donald Trump has teased a "very, very big announcement" on Thursday. According to the American commander-in-chief, his upcoming announcement is a "major trade deal" with a "big, highly respected country".
