tariffs on chinese goods

President Trump revealed the US seized a ship carrying "not very nice" items, calling it a "gift from China." He linked this to Iran tensions, threatening to bomb bridges and expressing no desire to extend the Iran ceasefire. Trump anticipates a "great deal" but also expects bombing, despite China denying weapon supplies to Iran.

New Delhi called the remarks “uninformed, inappropriate and in poor taste” after the US president endorsed an anti-India statement by American radio host Michael Savage, a move that has also triggered widespread backlash among Indian-Americans

America's massive AI spending is indirectly benefiting China, despite US efforts to restrict its tech access. While Taiwan and South Korea lead in advanced chips, China gains from its role in regional supply chains, exporting components like circuit boards. However, this upside is limited as US-China tech decoupling deepens, potentially reconfiguring supply chains.

President Trump claims China is pleased with his decision to permanently open the Strait of Hormuz, stating he's acting for their benefit and the world's. He asserts China has agreed to cease weapon shipments to Iran and anticipates a warm reception from President Xi during an upcoming visit, highlighting smart cooperation over conflict.

The White House denied formally requesting a ceasefire extension with Iran, despite ongoing diplomatic engagements. While cautiously optimistic about a deal, the US has made its "red lines" clear. Meanwhile, Pakistan's army chief visited Tehran with a potential new framework for talks, following previous negotiations that stalled over key issues like Iran's nuclear program.

Pakistan, Iran and the US all acknowledged China's role in enabling a last-minute US-Iran ceasefire.

The United States recently repatriated a Chinese national suspected of drug trafficking, a "first" such return in recent years, Beijing's public security ministry said on Friday. "This is the first drug-related fugitive repatriated by the United States to China in recent years, marking a new achievement in China-US cooperation on anti-drug law enforcement", Beijing's Ministry of Public Security said in a statement on social media.

Vietnam Communist Party boss To Lam was elected president by the National Assembly on Tuesday, capping his bid to centralise authority in a nation where senior cadres have traditionally governed collectively. It has "transitioned the country's leadership from a consensus-based collective model to a strongman leadership style," he told AFP. Tran Thanh Man, chairman of the National Assembly, said 100 percent of deputies who were present approved the resolution electing Lam president for the 2026-2031 term.

Chinese battery giant CATL asserts that the US cannot produce electric vehicles without China's involvement, citing its global dominance. Despite US lawmakers' efforts to block Chinese batteries, CATL and BYD remain unfazed, believing protectionist measures will hinder the American auto market. CATL's technology and low costs have propelled its leadership, with a significant portion of global EVs using its batteries.

Industry has urged the government to address supply chain disruptions impacting sectors from pharmaceuticals to plastics. Suggestions include loan relief for small businesses, a "green corridor" for goods, and restricting certain input uses. Rising freight rates and a potential container crunch are also major concerns.

Six years after locking foreign capital out of the door, India has opened it — just wide enough. The Cabinet's amendment to Press Note 3 clears the fog around who can invest from where. What it does not do is throw open the floodgates.

Following a Supreme Court setback on tariffs, the Trump administration has launched new "Section 301" investigations into alleged unfair trade practices by 16 key partners, including China and India. These probes aim to restore tariff pressure and could lead to new import taxes by summer, with officials emphasizing a commitment to protecting US manufacturing and reducing trade deficits.

India's solar panel, electronics, and garment exports face heightened US scrutiny following a new trade probe into forced labor in global supply chains. The investigation, covering 60 economies including India, examines goods made with forced labor or using inputs from such sources. This could impact Indian exporters reliant on Chinese components, demanding stricter documentation and compliance.

The US trade representative's office has launched Section 301 investigations into 60 economies, including India, for failing to address forced labor in imports. This move follows a Supreme Court ruling and aims to determine if foreign governments are sufficiently prohibiting goods made with forced labor, impacting US workers and businesses. New tariffs on several countries are possible by summer.

Lenovo and other tech companies are suing the US government for refunds on tariffs imposed by former President Trump, which the Supreme Court recently deemed unconstitutional. The companies argue the International Emergency Economic Powers Act (IEEPA) did not grant the President authority to levy these duties, seeking reimbursement for payments made.

India has significantly boosted iPhone production, now accounting for 25% of Apple's global output. For the first time, all iPhone 17 models are assembled in India, a move driven by US tariffs and Indian government incentives. This surge has positioned India as the top smartphone source for the US, surpassing China.

China is investing & producing, in huge numbers, to goose the economy. That’s leading to Chinese goods being exported, at cut-price rates, around the world, harming industry everywhere. It’s also not a good strategy for China, because it is accumulating debt

Middle Eastern shoppers face extended delivery times from e-commerce giants like Amazon and Temu. Geopolitical tensions have disrupted vital shipping routes, impacting global supply chains. Merchants are pausing shipments, fearing doubled costs and delays, especially as the region gears up for Ramadan shopping.

Working to up it to 15%: White House official

Central to the disputes is India’s production-linked incentive programme, launched by the Modi government in 2020 with the aim of strengthening domestic manufacturing.

US and China have agreed to ease trade tensions following a presidential meeting. tariffs on chinese goods will be cut by 10%, and China will suspend retaliatory tariffs on US farm products, including soybeans. Both nations are also working on a framework for TikTok's US operations and controls on fentanyl precursors.

China's strategy of balancing interests in the Middle East is challenged by US actions against Iran. This conflict reveals Beijing's inability to protect its partners and reinforces President Xi Jinping's focus on military strength. The situation impacts China's energy security and global standing. Upcoming talks with President Trump will occur amidst these strategic shifts.

Indian exporters are poised to benefit from increased US tariffs on chinese goods, potentially shifting demand towards India. Experts believe this escalation, with the US imposing a 100% additional tariff on Chinese imports, will create a level playing field and open significant export opportunities for India in the American market.

China announced tariffs of up to 100% on Canadian canola, pork, and other foods in retaliation for Canada’s steep taxes on Chinese electric vehicles, steel, and aluminum. These tariffs, set to start on March 20, also serve as a warning against cooperative actions with the U.S. regarding trade, especially under North American free trade agreements.