Asia Business

Trump unveils sweeping US tariffs on Canada, Mexico, 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 Canada will have …

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China shrugs off new Trump tariffs but bruising trade war looms

Donald Trump’s new tariffs will probably not have a major impact on China’s economy but may herald the opening salvo of another bruising trade war with Beijing, analysts said Sunday.The US President on Saturday announced sweeping measures against major trade partners, with goods from China facing an additional 10 percent tariff on top of the …

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US unveils sweeping tariffs on Canada, Mexico, China

President Donald Trump is imposing broad tariffs on major US trading partners Canada, Mexico and China, the White House said Saturday, citing an “extraordinary threat” from illegal immigration and drugs.Canadian and Mexican exports to the United States will face a 25 percent tariff, although energy resources from Canada will have a lower 10 percent levy. …

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Trump tariff deadline looms, Canada told levies coming Tuesday

President Donald Trump is due to unleash fresh tariffs Saturday on major US trading partners Canada, Mexico and China — with Ottawa informed that levies will begin within days.The US government has told Ottawa to expect 25 percent across-the-board tariffs on its exports starting Tuesday, with the exception of energy products like oil, a Canadian …

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Trump tariff deadline looms over Canada, Mexico, China trade

President Donald Trump is due to unleash fresh tariffs Saturday on major US trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to automobiles.Trump promises 25 percent tariffs on Canada and Mexico, pointing to what he said was their failure to halt illegal immigration and the flow of fentanyl across US …

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Tradition and technology sync at China ‘AI temple fair’

A humanoid robot gyrates to pulsing music at a shopping mall in Beijing, part of an exhibition harnessing artificial intelligence to enhance the flavour of China’s biggest annual festival.The country is celebrating the eight-day Lunar New Year holiday that typically sees people return home to eat, drink and make merry with family and friends.From dragon …

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Taliban govt-run corporation takes over luxury Kabul Serena hotel

Afghanistan’s Taliban government took over management of Kabul’s famed Serena hotel on Saturday, a hotel statement said, a luxury property targeted by Taliban attacks during their insurgency. The Kabul Serena Hotel was run for nearly 20 years by the Aga Khan Fund for Economic Development in the Afghan capital and was popular with business travellers and …

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Trump to hit Canada, Mexico, China with tariffs, raising price fears

US President Donald Trump is set to unveil fresh tariffs Saturday on major trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos and raising inflation concerns.Trump has promised to impose 25 percent tariffs on immediate neighbors Canada and Mexico, pointing to their failure to stop illegal immigration and the …

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Trump to impose Canada, Mexico, China tariffs at weekend

President Donald Trump will implement tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — saying there was nothing they could do to forestall him while vowing further levies on various industries.Trump has reiterated his plans for 25 percent tariffs on imports from neighboring Canada and Mexico, saying they have …

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