Us Trade War News - Latest Updates & Headlines
Goldman Sachs cuts China stock market targets again amid US trade tensions
Mumbai, April 14: Goldman Sachs has once again lowered its targets for major Chinese stock indexes, citing growing trade tensions between the US and China.
US tariff war with China is of significant strategic imperative, unlikely to wane off soon: Prabhudas Lilladher
New Delhi, April 13: Financial advisory firm Prabhudas Lilladher asserted that US tariff war with China is of significant strategic imperative and is unlikely to wane off soon, even if the US enters into bilateral trade agreements with various countries. According to the financial advisory firm, the current tariff stand-off will impact supply chains, global growth and money flow through first half of 2026 which could shave off 0.5 per cent from global GDP and result in increased volatility in commodities and currencies.
Other countries are rising to the challenge: Rosa Balfour on impact of US trade war
New Delhi, April 13: Speaking about how various global groupings will step up to meet the challenges arising from the US trade tariffs, Carnegie Europe Director Rosa Balfour said that countries and large blocs are coming together to ensure they have a "web of relationships" that can preserve global trade.
Yuan sinks to 19-month low as China loosens currency grip
Shanghai, April 10: China's currency slumped to its lowest level against the US dollar in over a year and a half on Tuesday, after the central bank set a weaker-than-expected reference rate amid intensifying trade tensions with Washington, Nikkei Asia reported.
China issues travel warning for citizens heading to US amid strained economic relations
Beijing, April 9: China's Ministry of Culture and Tourism on Wednesday issued a risk alert for Chinese citizens planning to visit the United States, citing the recent decline in China-US economic and trade ties, as well as concerns over domestic security in the US, according to a report by Global Times.
Tariff war: China releases white paper on trade relations with US
Beijing, April 9: China's State Council Information Office on Wednesday released a white paper titled “China's Position on Some Issues Concerning China-U.S. Economic and Trade Relations.”
Some nations like China may devaluate their currencies: Neelkanth Mishra on US tariffs
New Delhi, April 7: As the US reciprocal tariffs hit global markets, Neelkanth Mishra, chief economist at Axis Bank, said on Monday that some countries like China will have no option but to devalue their currencies in the current scenario.
Gold touching new heights amid US reciprocal tariffs, uncertainty in global trade order
New Delhi, April 4: The uncertainties around Trump's reciprocal tariffs plan and its subsequent announcement this week have come as a jab in the arm for international gold prices, which have been moving northwards for a considerable period.
Canada announces 25% tariff on US vehicle imports in retaliation to Trump's move
Ontario, April 4: Following US President Donald Trump's announcement of reciprocal tariffs, Canada Prime Minister Mark Carmey said that the country will impose a 25 per cent tariff on all US vehicle imports that do not comply with the free trade agreement.
China criticises US' 34% tariff hike, calls it violation of WTO rules
Beijing, April 4: In response to the US' decision to impose a 34 per cent tariff on imports from China, the country strongly criticised the move, calling it a violation of World Trade Organization (WTO) rules and a threat to the multilateral trading system.
Canadian, US leaders to have phone call 'in next day or two'
Ottawa, March 28: Canadian Prime Minister Mark Carney has said that he will have a phone call with US President Donald Trump to discuss the trade disputes in the next day or two.
Business leaders predict sharp decline in Chinese exports due to US tariff dispute
Beijing, March 14: Business leaders and economists have warned that China's exports are likely to suffer significantly due to the intensifying tariff conflict with the United States, as reported by Radio Free Asia (RFA).
China targets 7.2 percent defence budget hike, 5 percent growth despite trade war with US
Beijing, March 6: Even as China faces a potential Trade War over tariffs with the United States, Beijing has pledged to make domestic demand its main economic driver. It has its annual growth targets to about 5 percent, and along with that, it has called for a 7.2 defence budget hike due to rising regional tensions.
If you charge us, we charge them: Trump announces 25% tariffs on steel, aluminium imports to US
Washington, DC, February 10: United States President Donald announced that new tariffs on all steel and aluminium imports into the country will be revealed on Monday.
Chinese economy much weaker now to withstand tariffs: Moody's
New Delhi, February 3: China's economy is in a much weaker position "this time around" and it will be "substantially harder" for it to withstand a barrage of the US tariffs, Moody's Analytics said.
China firmly deplores and opposes US tariff move, vows to take countermeasures
Beijing, February 2: The Chinese Ministry of Foreign Affairs has said that it "firmly deplores and opposes" the US imposition of 10 per cent tariffs on Chinese goods and vowed to take necessary countermeasures to defend its legitimate rights and interests.