80 tariff on china

All eyes in Beijing from tomorrow as Xi, Trump navigate trade, tech and geopolitical whirlpools

President Trump's late-night social media activity, characterized by numerous posts on his Truth Social platform, is raising concerns about his focus and stamina. Critics and even some Republicans privately express unease, comparing his behavior to an "aggrieved influencer" rather than a commander-in-chief, especially as the nation faces international and domestic challenges.

The State Now Houses One In Five Of India’s Marine Fish Processing Units. Behind That Share Lies A Fishing Economy Of 4 Lakh People, Seafood That Travels From Veraval To Foreign Markets, And A Warming Arabian Sea That Is Pushing Kerala’s Mackerel Into Nets That Never Used To Hold It

RBI is not alone in repatriating its gold reserves. Several central banks like France’s Banque de France, Germany’s Deutsche Bundesbank, Serbia’s National Bank have done the same - buy why?

China is considering restricting exports of advanced solar panel manufacturing equipment to the US, targeting high-efficiency technologies like HJT. This move could significantly impact US efforts to localize solar production and space-based computing ambitions, including those of Tesla, amid escalating tech rivalry.

Donald Trump suggested potentially reducing tariffs on China to 80% before a weekend meeting, signaling a possible easing of trade war tensions. This proposal comes ahead of discussions in Switzerland focused on de-escalation, not a comprehensive agreement. Trump also highlighted a new trade deal with Britain and urged China to open its markets to the USA.

Asian markets tumbled Thursday, mirroring Wall Street's decline as soaring oil prices above $110 and persistent inflation fears rattled investors. Tensions in the Middle East escalated with Iran threatening retaliation against regional energy infrastructure, further fueling concerns about supply disruptions and their impact on global economic growth and interest rate outlooks.

Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.

As the Iran war stretches on, Trump’s ambitions beyond the Middle East raise larger questions about US power. Are these moves a projection of strength — or signs of a superpower grappling with decline?

US-China trade talks in Geneva entered their second day with no significant breakthrough, despite initial optimism. President Trump hailed the talks as a “total reset,” but mounting tariffs remain unresolved. Both sides are cautious, with China demanding tariff reductions and the US pushing for concessions. Analysts remain skeptical about a major breakthrough or meaningful resolution.

US Customs and Border Protection has issued new guidelines exempting specific technology devices and components from reciprocal tariffs initiated by President Trump. This decision offers relief to tech companies like Apple, which manufactures a significant portion of its products in China. The exemptions include laptops, semiconductors, and data storage devices, potentially mitigating the impact of previous tariff threats.

Acer's CEO Jason Chen has announced a 10% price hike on laptops in the US due to tariffs on Chinese-made goods imposed by President Trump.

United States and China engaged in direct trade negotiations in Geneva, aiming to de-escalate tensions marked by significant tariff increases. US treasury secretary Scott Bessent and trade representative Jamieson Greer met with Chinese vice premier He Lifeng. Despite lengthy discussions, no immediate breakthroughs were achieved.

Civil unrest is erupting across China due to the severe impact of US tariffs imposed by President Trump. Factory closures and unpaid wages have triggered large-scale worker demonstrations from Shanghai to Inner Mongolia.

China is open to trade talks with the US if high tariffs are removed, while also prepared to retaliate if necessary. US tariffs on Chinese goods are causing price increases for consumers and impacting businesses like Apple, which anticipates a $900 million hit. The Port of Los Angeles is experiencing a significant drop in cargo volume, but global stock markets rose on hopes of trade negotiations.

Apple is significantly increasing iPhone production in India, aiming for 70-80 million units by late 2026, potentially making India the primary supplier to the US. This shift, driven by diversification and geopolitical factors, could see India manufacturing nearly 40% of global iPhones.

Kamala Harris is slightly ahead of Donald Trump in most polls, and Asian diplomats are leaning towards supporting her in the upcoming US presidential elections. Analysts suggest that import tariffs might be lower under Harris compared to Trump. However, uncertainty looms for businesses managing supply chains in Asean economies due to unclear foreign policies towards Asia.

India and China are set to discuss a trade package focusing on essential commodities like rare earth magnets, fertilizers, and pharmaceuticals, coinciding with PM Modi's SCO summit attendance. This move signals improving relations amid US trade tensions and India's need for Chinese imports.

China criticizes the United States' 50% tariffs on Indian imports. China calls the move unfair and unreasonable. Ambassador Xu Feihong emphasizes strong India-China ties for global development. The US imposed additional levies linked to India's Russian crude purchases. President Trump defends the measures and warns of further action. He claims India offered a no-tariff deal.

High-stakes tariff negotiations have commenced in Geneva between US and Chinese officials, aiming to de-escalate the escalating trade war. These talks mark the first direct engagement since the US increased tariffs on China, prompting retaliatory measures.

President Donald Trump has announced a new tariff regime, imposing a 10% baseline tax on imports from all nations and higher levies on countries with a trade surplus with the US. This action, justified as correcting trade imbalances, has significantly affected India with a 26% tariff on all its exports, leading to a negative market reaction.

The US-China trade agreement, temporarily reducing tariffs, poses challenges for India's trade negotiations with the US. Securing a favorable bilateral trade agreement with the US and leveraging domestic strengths are crucial for India to remain competitive in the global supply chain.

President Trump announced "great progress" in US-China trade talks in Geneva, hinting at a potential "total reset" in relations. Discussions, led by US and Chinese officials, aimed to ease trade tensions following tariff hikes. While expectations remain modest, the resumption of dialogue is viewed positively, with potential tariff de-escalation on the horizon.

The newly announced US tariffs could reshape Apple's global supply chain, potentially benefitting India with its relatively lower 26% rate while complicating efforts in countries like China and Vietnam. Apple is ramping up production in India, which may become a key manufacturing hub for the company.