China’s economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump’s trade war could cause a sharp slowdown in the final six months.The world’s second-largest economy is fighting a multi-front battle to sustain growth, a challenge made more difficult by …
China’s economy likely grew 5.2% in Q2 despite trade war: AFP poll Read More »
Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald Trump’s latest tariff salvos amid optimism that most countries will strike a deal to avoid the worst of his levies.The US president has ramped up his trade war in the past week by firing off more …
Traders brush off new Trump threats to extend stocks rally Read More »
Fri, 11 Jul 2025 03:07:47 GMT
US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country’s leftist leadership of orchestrating a “witch hunt” against his right-wing ally, former leader Jair Bolsonaro.In a letter Wednesday to counterpart Luiz Inacio Lula da Silva, Trump insisted that Bolsonaro’s trial — for allegedly plotting a coup to …
As President Donald Trump ramps up tariff threats on US trading partners, his administration is taking aim at a tactic said to be used by Chinese companies to dodge the levies by moving goods through third countries.The issue is “transshipping,” or having products pass through a country to avoid harsher trade barriers elsewhere, a practice …
US targets attempts to dodge Trump tariffs with China in crosshairs Read More »
Stocks largely rose on Thursday, with London striking a record high and US indices also edging to fresh new peaks, as investors looked past US President Donald Trump’s plethora of tariff threats.Both the S&P 500 and Nasdaq shrugged off early weakness to eke out gains that left them at all-time highs.US airline shares enjoyed a …
Global stocks mostly rise, shrugging off US tariff threats Read More »
E-commerce giant Shein faces a possible 150-million-euro ($175-million) fine in France for failing to properly get consent to track users on the internet.The regulator, the CNIL, faulted the fast-fashion retailer for using trackers called cookies that enable for targeted advertising to users without their approval as required in Europe, or for using a confusing method …
President Donald Trump announced a 50-percent tariff Wednesday targeting Brazil as he blasted the trial of the country’s ex-leader, and said a US “national security” levy on copper would begin in August.In a letter addressed to Brazilian President Luiz Inacio Lula da Silva, Trump criticized the treatment of his right-wing ally Jair Bolsonaro as an …
Trump hits Brazil with 50% tariff, sets date for copper levy Read More »
In the basement of a Jakarta housing complex, surrounded by the silver piping of the air-conditioning system, Indonesian technician Ari Sobaruddin is doing his part to tackle climate change.Ari and his colleagues will spend 12 hours capturing AC refrigerant to stop this “super-pollutant” — thousands of times more potent than carbon dioxide — from leaking …
In Indonesia, a start-up captures coolants to stop global warming Read More »
Donald Trump’s insistence that “spoiled” Japan imports more US rice is adding to Prime Minister Shigeru Ishiba’s problems ahead of elections that could sink his premiership after less than a year in office.Japan is one of more than 20 countries receiving letters this week from the US president warning of “reciprocal” tariffs from August 1 …
Japan’s sticky problem with Trump, tariffs and rice Read More »
