Donald Trump seeks fair trade deal with China amid tariff standoff

Donald Trump seeks fair trade deal with China amid tariff standoff

US-China Tariff Deal: US President Donald Trump said his administration was actively engaging with multiple countries, including China, on trade negotiations, emphasising that his primary goal was securing a fair trade deal. Trump told reporters aboard Air Force One that he had no plans to speak directly with Chinese President Xi Jinping this week, but … Read more

Trump to announce semiconductor tariffs next week, denies tariff rollback on electronic items

Trump to announce semiconductor tariffs next week, denies tariff rollback on electronic items

US President Donald Trump has said that imported semiconductor chips will face tariffs next week, as he clarified that the exclusion of smartphones and computers from the tariffs which are imported from China will be short-lived, pledging a national security trade investigation into the semiconductor sector. Detailing about the exclusion of electronic items from China, … Read more

China may ban Hollywood movies after Trump ratchets up trade war, says report

China may ban Hollywood movies after Trump ratchets up trade war, says report

After the United States slapped punishing levies on China, with a 104 per cent tariff coming into effect on Wednesday, Beijing is considering a ban on Hollywood movies. Local authorities are planning this in response to US President Donald Trump’s reciprocal tariff levies, Bloomberg reported, quoting two influential Chinese bloggers. According to sources, “reducing or … Read more