EU Commission President urges China to address U.S. tariff impact
During a call with Premier Li Qiang, von der Leyen emphasizes Europe and China’s responsibility to support a fair, reformed trading system
Japan FY24-25 bankruptcies hit 10,144, highest since 2013
The number of bankruptcies grows 12% year-on-year, with most sectors up, except finance and transportation
Beijing vows to “fight to the end” over tariffs
Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or assembles...
China’s DeepRoute.ai teams up with Qualcomm for ADAS solutions
The technologies will support features such as urban autopilot navigation, highway driving assistance, and automated parking
Chinese buyers divert U.S. LNG cargoes as tariffs disrupt trade
China introduces a 15% tariff on U.S. LNG in February and announced additional levies on all U.S. goods starting April 10
U.S. senator says Trump’s TikTok divestment plan violates law
Warner says the deal would allow ByteDance to keep a major role in TikTok’s U.S. operations through a large equity stake and tech involvement
NZ says it won’t change economic plans despite US tariff concerns
We have enough resilience to withstand it and we are in a fortunate position relative to others, says Finance Minister of New Zealand
Trump says U.S. will continue imposing tariffs during negotiations
Trump threatens additional 50% tariffs on China over retaliation
EU prepares final list of U.S. goods for $28.46 billion tariff retaliation
The EU faces 25% tariffs on exports of steel, aluminum, and cars under the U.S. trade measures
Canada moves to counter U.S. auto duties at World Trade Organization
WTO confirms Canada's claim that the U.S. measures are inconsistent with Washington's obligations under multiple provisions of the GATT 1994
Goldman Sachs raises U.S. recession odds amid escalating trade war
Investment Banks Revise Economic Outlooks as Tariffs Trigger Market Turmoil and Prompt Rate Cut Expectations
Oil prices fall 2% amid trade tensions, recession fears
Brent futures fall 2.5% to $63.97 per barrel, while U.S. West Texas Intermediate crude futures decline 2.7% to $60.35
U.S. dollar drops against yen and Swiss franc amid trade war fears
The dollar drops 0.41% against the yen, continuing its 2% decline from last week, and falls 0.7% against the Swiss franc, reaching a six-month low
BYD launches premium Denza brand in Europe
BYD, which sold over 4.2 million vehicles globally last year, with more than 90% of sales in China, sees Denza as a key player in its European strategy
Global stock rout deepens amid trade war escalation, recession fears
Hang Seng suffers worst drop since 1997 as global stocks tumble