News

Trade War Exposes China’s Dependence on U.S. for Auto Chips
Certain American chips are essential for cars and other industrial goods made in China—a vulnerability revealed in tariff ...
Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations
Treasury Secretary Bessent said the Trump administration will weigh China's lack of compliance with the "phase one" trade ...
Gold slips to 2-week low on trade talk hopes, China holiday
Gold dropped to a two-week low on Thursday, pressured by signals of softening trade tensions and a holiday in top consumer ...
China looks set to turn to a tariff-proof sector as U.S. trade war bites — K-pop
K-pop group Epex will be performing in Fuzhou, Fujian, province on May 31 — the first time an all-Korean idol group has held ...
Billionaire Bill Ackman sends hard-nosed message on China, U.S. trade war
The U.S. and China have locked horns over trade, and neither country will likely escape unscathed. The decision to impose ...
Apple Reports Increased iPhone Demand Ahead Of Tariffs—But Stock Slips On Services And Lower China Sales
The company announced it upped its quarterly cash dividend to $0.26 per share and its board approved a $100 billion share ...
Trump Loses First Round of Trade War as US Economy Shrinks, China's Grows
As President Trump sought to celebrate 100 days in office, he got a week focused on economic losses—while a rival showed ...
Treasury Secretary Bessent signals US advantage in tariff battle as China's economy crumbles
Treasury Secretary Scott Bessent is "confident" that China wants to reach a trade deal as the U.S. adversary's economy shows signs of slowing down to "devastating" lows.