Trump and China’s Xi will likely speak this week, White House says

Trump and China’s Xi will likely speak this week, White House says

President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House Press Secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions. Leavitt is the third top Trump aide to forecast an imminent call between the two leaders to … Read more

The US and EU are in a showdown over trade. What does Trump want and what can Europe offer?

The US and EU are in a showdown over trade. What does Trump want and what can Europe offer?

Top officials at the European Union’s executive commission says they’re pushing hard for a trade deal with the Trump administration to avoid a 50% tariff on imported goods. Trump had threatened to impose the tariffs on June 1, but has pushed back the deadline to July 9, repeating an oft-used tactic in his trade war. … Read more

China removes ban on Boeing deliveries after US trade truce: Report

China removes ban on Boeing deliveries after US trade truce: Report

China has removed a ban on airlines taking delivery of Boeing planes following a trade truce with the United States, Bloomberg News reported on Tuesday, citing sources familiar with the matter. US and China on Monday agreed to slash steep tariffs for at least 90 days, tapping the brakes on a trade war between the … Read more

‘Trade war hurting families on both sides of border’: Canada PM Carney reaches White House for Trump meet to ‘defend Canadian jobs and sovereignty’

‘Trade war hurting families on both sides of border’: Canada PM Carney reaches White House for Trump meet to ‘defend Canadian jobs and sovereignty’

Asserting that the trade war was “hurting families and businesses on both sides of the border”, Canadian Prime Minister Mark Carney arrived in Washington on Tuesday for a key meeting with US President Donald Trump. The leaders met in the Oval Office and shared lunch, marking their first face-to-face meeting since Carney took office last … Read more

Donald Trump’s reciprocal tariffs could lead to slowdown in global IT spending, warns IDC

Donald Trump’s reciprocal tariffs could lead to slowdown in global IT spending, warns IDC

US President Donald Trump’s reciprocal tariff announcement on April 2 is sending chills across the spectrum. The latest wave of tariffs by the United States administration is expected to push technology prices, cause disruption in supply chains, and overall weaken the global IT spending in 2025. The new tariffs on imported goods are expected to … Read more