Investors cheered the temporary US tariff suspension on most countries: Japan’s Nikkei soared over 9 per cent, Germany’s DAX rose 7.5 per cent, and the FTSE 100 in London surged 5.4 per cent. Chinese ...

WASHINGTON — (TNS) President Donald Trump said his tariffs may cause “transition problems” but expressed confidence in his plan, after the White House clarified U.S. tariffs on China rose to 145%.

Concern grew that an escalation of the trade war between the two biggest economies will bring lasting damage to global growth after the White House said US tariffs on China rose to 145%.

US President Donald Trump on Wednesday announced that he would raise the tariff on Chinese imports to 125 per cent from 104 per cent. The newer range of tariffs will come into effect at midnight.

China’s auto sales rose sharply in March, thanks to ongoing government subsidies and relatively muted price competition. Retail sales of passenger cars rose 14.4% in March from a year earlier to ...

In the latest back-and-forth between the U.S. and China, White House Press Secretary Karoline Leavitt confirmed the level of tariffs the Trump administration will impose on China at midnight ...

While Singapore will not impose retaliatory tariffs, other countries may. China has already announced countermeasures and the European Union is evaluating its response. Mr Wong said there is “a ...

Gold held by the People’s Bank of China rose by 0.09 million troy ounces last month. We believe central banks will continue to buy gold as geopolitical tensions and economic uncertainty push ...

The gap with China rose slightly last year to $263 billion, government statistics show. The U.S. imported $462 billion in goods such as iPhones, TVs, clothes and chemicals from China in 2024 ...

except China, on which tariffs rose sharply to 125%. Trump, speaking at the White House today, downplayed bond market volatility, describing it as “beautiful," denying direct ties between the ...

By Keith Bradsher Keith Bradsher, who has covered the Chinese economy since 2002, reported from Beijing, Shanghai and Ningbo, China. For decades, the world’s largest car factory was Volkswagen ...