Trade
U.S.-China trade war pushed global supply chain near breaking point, new data shows
A general view shows container terminal in Hong Kong, China, April 23, 2025. Tyrone Siu | Reuters The trade truce reached between the U.S. and China arrived just as President Donald Trump’s tariffs took a big bite out of North American & Asian manufacturing, with a steep retreat in April purchasing activity after the rush […]
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Trump tariffs face major legal hurdle as federal trade court hears challenge
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images A little-known federal court is set to hear arguments Tuesday in a case challenging President Donald Trump’s tariffs, putting a key […]
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Shein and Temu find temporary reprieve as U.S. relaxes tariffs
U.S. President Donald Trump’s tariff pause gives Temu and Shein a temporary window of opportunity to restock U.S.-based warehouses and re-evaluate their supply chain management, experts and insiders say. On Monday, the U.S. and China agreed to lower tariffs on most Chinese imports to 30% for 90 days. The agreement included a so-called “de minimis” […]
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India’s inflation rate slows to 3.16% in April, marking six straight months of decline
Indian shopkeepers sell summer fruit watermelons at their roadside stalls in a market area in Siliguri, India on May 2, 2025. Watermelon is a very popular fruit during the summer season. Diptendu Dutta | Afp | Getty Images India’s headline inflation eased to 3.16% in April, the sixth consecutive month of decline. The reading was […]
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New Delhi remains focused on economy despite tensions with Pakistan: India ambassador to Singapore
Motorists drive past as clouds gather over city skyline in Mumbai on September 26, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images India continues to focus on its growth despite the flare up in tensions with Pakistan, said Shilpak Ambule, the country’s […]
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Investment banks lift China growth outlook after surprise trade deal with U.S.
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China […]
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Trump China trade deal: Tariff pause means new surge in freight shipments, and higher prices
Another surge in trade from China to the U.S. should be getting underway, according to retailers and logistics executives, as the initial trade deal struck by the U.S. and China leads importers to move forward with shipments during the 90-day pause on the steepest tariffs implemented by President Donald Trump. On Monday, the U.S. and […]
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Trump says China will ‘open up’ to U.S. businesses, suspend trade barriers
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump said Monday that China would “agreed to open” after the […]
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Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China
Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S. shaking its reliance on Chinese products. Though the U.S. “decoupling” itself from its need for cheap imports from China has been discussed for years, the process has been a slow one and unlikely to ever […]
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U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer speak to the media after talks between senior US and Chinese officials on tariffs in Geneva on May 11, 2025. Valentin Flauraud | Afp | Getty Images The U.S. and China on Monday agreed to suspend most tariffs on each other’s goods in […]
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