China

China Eyes 5 Percent Growth Despite Trade War

China on Wednesday set an annual growth target of around five percent, vowing to make domestic demand its main economic driver as an escalating trade war with the United States hit Beijing's exports. Beijing also announced a rare hike in fiscal funding, allowing its budget deficit to reach four percent this year as it battles stuttering ...

Trump Says No Room for Canada and Mexico to Avert Tariffs, Hikes China evy

US President Donald Trump shut down hopes Monday of an eleventh hour deal with Canada and Mexico to avert sweeping tariffs, while signing an order to hike duties on China. Trump had unveiled -- and then paused -- blanket tariffs on imports from major trading partners Canada and Mexico in February, accusing them of failing to stop illegal ...

Trump to Impose New Tariffs on China, Mexico, and Canada as of Next Week

US President Donald Trump said Thursday that he would impose an added 10 percent tariff on Chinese imports while moving ahead with levies on Canada and Mexico next week, citing "unacceptable" fentanyl smuggling. Trump had announced – then halted – sweeping 25 percent levies on Canadian and Mexican imports this month over illegal immigration ...

America’s New Doctrine

There’s an old rule in business: if you keep doing favors for people, they’ll come to expect it, and stop doing the work themselves. That, in a nutshell, is what America’s foreign policy shift under President Donald Trump looks like. For decades, US allies in Europe and the Middle East have operated under a comfortable assumption: when ...

Trump Says Trade Deal with China 'Possible' 

US President Donald Trump suggested on Wednesday that a trade deal was "possible" with China – a key target in the US leader's tariffs policy. In 2020, the United States had already agreed to "a great trade deal with China" and a new deal was "possible," Trump told reporters. One month into his second term in office, Trump has threatened ...

TikTok Returns to Apple and Google App Stores in the US

TikTok has returned to Apple and Google app stores nearly a month after a new security law forced its removal, AFP journalists confirmed on Thursday. The Chinese-owned social media platform faces being banned in the United States over national security concerns about the data it gathers on users. The popular video-sharing app briefly went dark ...

Suspension of USAID: An Opportunity for China?

The Trump administration has suspended USAID, freezing billions of dollars in funding and humanitarian aid. The United States could offer China a real opportunity to expand its influence, particularly in Africa, Latin America and Asia — regions where American aid has always been essential. Since taking office on January 20, President Donald ...

Tariff Crisis: Trump Redefines Global Trade

The Trump administration has disrupted the global economy with a series of dramatic announcements and last-minute negotiations, imposing new tariffs on key trading partners – Canada, Mexico and China. While Canada and Mexico secured temporary reprieves through emergency agreements, China remains entrenched in a fierce tariff standoff. Amid ...

Where Things Stand in China-US Trade Tensions

China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts. That came just minutes after a 10 percent tariff hike on Chinese goods, announced by US President Donald Trump on Saturday, came into effect. Here's the state of play in the ...

US Threatens Panama Over Canal

US Secretary of State Marco Rubio on Sunday threatened action against Panama without immediate changes to reduce Chinese influence on the canal, but the country's leader insisted he was not afraid of a US invasion and offered talks. On his first trip overseas as the top US diplomat, Rubio took a guided tour of the canal accompanied by its ...

Trump Announces New Tariffs on Canada, Mexico and China

President Donald Trump announced broad tariffs Saturday on major US trading partners Canada, Mexico and China, claiming a "major threat" from illegal immigration and drugs -- a move that sparked promises of retaliation. Canadian and Mexican exports to the United States will face a 25 percent tariff starting Tuesday, although energy resources from ...

DeepSeek: The Start of The AI War

“Artificial intelligence will have a more profound impact on humanity than fire, electricity, and the internet” according to Sundar Pichai, the CEO of Alphabet, Google’s mother company. It is indeed safe to say that AI will fundamentally transform every major industry on the planet, meaning that nations that master AI will also master the ...