This is Beirut, 09/04 05:45 - Reading : 4 minute(s)
United States China Tariffs Economy Markets
US President Donald Trump's punishing tariffs on dozens of economies came in force Wednesday, including over 100 percent in levies against Chinese goods, dramatically ramping up a devastating global trade war. Following the imposition of sweeping 10 percent tariffs have rocked the global economy since coming into force over the weekend, rates ...
This is Beirut, 08/04 17:50 - Reading : 3 minute(s)
Ukraine China Volodymyr Zelensky
President Volodymyr Zelensky said Tuesday that Ukrainian troops had captured two Chinese citizens fighting alongside Russian forces, adding that Kyiv would demand an explanation from Beijing and a reaction from its allies. Moscow and Beijing have in recent years boasted of their "no limits" partnership and deepened political, military, and ...
This is Beirut, 08/04 09:15 - Reading : 6 minute(s)
Donald Trump China Beijing Tariffs
China vowed on Tuesday to "fight to the end" against fresh tariffs of 50 percent threatened by US President Donald Trump, further aggravating a trade war that has already wiped trillions off global markets. Trump has upended the world economy with sweeping tariffs that have raised the specter of an international recession but has ruled out any ...
This is Beirut, 07/04 10:15 - Reading : 6 minute(s)
Donald Trump United States Tariffs China Asia
Asian equities collapsed on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. Trading floors were overcome by a wave of selling as investors fled to the hills, with Hong Kong's loss of 12 percent its worst in more than 16 years, while Taipei ...
This is Beirut, 05/04 11:20 - Reading : 3 minute(s)
United States Donald Trump China Tariffs
President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy. A 10 percent "baseline" tariff came into place past midnight, hitting most US imports except goods from Mexico and Canada as Trump invoked emergency economic ...
Christiane Tager, 05/04 08:55 - Reading : 2 minute(s)
United States China Trade war Tariffs
The global stage is in full turmoil. Donald Trump, acting as the grand conductor, has introduced new tariffs that have shaken stock markets and spread panic across the world economy. But the curtain hasn’t dropped yet. China, a major player, is preparing its counterattack and will, as of April 10, impose a 34% tax on American products. The game ...
This is Beirut, 04/04 15:55 - Reading : 5 minute(s)
Donald Trump United States Tariffs China economic war
China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. AFP looks at how an escalating trade war between the United States and China is playing out—and what impact it might have. Why is China so vulnerable to tariffs? Trade between the world's two largest ...
This is Beirut, 04/04 15:20 - Reading : 1 minute(s)
Donald Trump USA China Tariffs
A nonprofit group sued US President Donald Trump and his administration on Thursday over alleged misuse of emergency powers to impose tariffs on all imports from China earlier this year. The lawsuit disputed the legality of Trump's executive order from February 1, not the broader set of tariffs announced on Wednesday that also target a number of ...
This is Beirut, 04/04 14:15 - Reading : 1 minute(s)
Donald Trump USA China Tariffs economic war
China said on Friday it would slap 34 percent tariffs on all imports of US goods from April 10 after Washington imposed steep new levies on Chinese products. "For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed," Beijing's finance ministry said. Beijing's ...
This is Beirut, 04/04 13:05 - Reading : 6 minute(s)
European Union Central Asia Summit China Moscow
The EU announced a "new era" in ties with Central Asia on Friday at a major summit in Uzbekistan, as Brussels presses its influence in the region in the face of Russian and Chinese competition. Russia's invasion of Ukraine has accelerated the region's drift from Moscow's orbit, with major powers to both the West and East sensing an opening. The ...
This is Beirut, 03/04 17:10 - Reading : 1 minute(s)
Donald Trump United States China Tariffs
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns. "The downgrade reflects our expectations of a continued weakening of China's public finances and a rapidly rising public debt trajectory during the country's economic ...
This is Beirut, 27/03 11:30 - Reading : 3 minute(s)
Ukraine European Union France China
France's Foreign Minister Jean-Noel Barrot urged Beijing on Thursday to help bring Russia to talks over ending its war in Ukraine as he met Chinese counterpart Wang Yi. France and China have sought to boost ties in recent years, but Paris has also pressed Beijing on its relations with Moscow, which have strengthened since the invasion of ...