China, Trump
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Trump announces higher tariff rates for more countries
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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.
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.
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.
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Copper demand has surged in recent years as the world transitions to cleaner energy. Read more at straitstimes.com. Read more at straitstimes.com.
Secretary of State Marco Rubio met counterparts in Southeast Asia during his first visit to the region since taking office.
The total value of goods exchanged between the US and China plunged below 2020's pandemic era low in the second month of the new tariff war between two nations.
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.