China, Trump
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Trump delays tariff hike again. Here are new tariff rates.
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The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs. China has for years been the biggest exporter of clothes to the U.
China accused the US of using long-arm jurisdiction to detain an alleged Chinese hacker in Italy, in a dispute that threatens to turn into another point of friction in bilateral ties.
Fast Retailing - owner of Japanese fashion giant Uniqlo - is forecasting record sales but has conceded that tariffs will take a bite from profits and prompt price rises.
Copper demand has surged in recent years as the world transitions to cleaner energy. Read more at straitstimes.com. Read more at straitstimes.com.
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European Commission President Ursula von der Leyen said that there needed to be a “genuine rebalancing” in the China-Europe relationship.
Secretary of State Marco Rubio met counterparts in Southeast Asia during his first visit to the region since taking office.
Relying on Asian suppliers is no longer a safe bet for many factories in Mexico. Companies are racing to change, and they are being encouraged by the government.
China’s technology giants are set to shrug off the impact of higher US tariffs as their outlook is now far more dependent on local consumer sentiment, according to Baillie Gifford & Co.