Trade War With US Could Cost Germany $330 Billion by 2028
Berlin (Agencies): The ongoing trade war initiated by former US President Donald Trump is projected to cost Germany a staggering 290 billion euros ($330 billion) by 2028, according to a…
China Issues Wanted Notices for US Agents Accused of Cyberattacks on Asian Winter Games
Harbin, China (Agencies): Authorities in Harbin, Heilongjiang Province, have issued wanted notices with rewards for three agents from the US National Security Agency (NSA), accusing them of orchestrating cyberattacks targeting…
Trump Exempts Smartphones and Computers from New Tariffs, Easing Pressure on Tech Sector
Washington (Agencies): In a major relief to the tech industry, the Trump administration has officially exempted smartphones, computers, and a broad range of electronic components from recently imposed tariffs—including the…
China Strikes Back with 84% Tariffs on U.S. Goods in Escalating Trade War
BEIJING (Agencies): In a sharp escalation of trade tensions, China has announced a steep increase in tariffs on American goods, raising them from 34% to 84%, effective April 10. The…
Apple Stages Emergency iPhone Airlift from India Ahead of Trump Tariffs
NEW DELHI (Agencies): In a high-stakes logistical operation, Apple reportedly airlifted five planeloads of iPhones and other devices from India to the United States over a span of just three…
Audi Suspends U.S. Deliveries Amid Trump’s New 25% Car Import Tariffs
BERLIN (Agencies): German carmaker Audi has suspended deliveries of its vehicles to the United States following the implementation of new tariffs on automobile imports imposed by U.S. President Donald Trump,…
Jaguar Land Rover Suspends U.S. Shipments Amid Tariff Hike
London (Agencies): U.K. luxury automaker Jaguar Land Rover has announced a suspension of vehicle shipments to the United States following President Donald Trump’s imposition of a 25% tariff on U.K.…
Oil price hits four-year low
NEW YORK (Agencies): Oil prices tumbled over 3% on Monday, deepening last week’s losses, as escalating US-China trade tensions heightened fears of a recession that could slash crude demand. Global…
Global markets plunge: Trump’s tariff turmoil sends European and Asian stocks into tailspin
Hong Kong (Agencies): Global markets plunged on Monday, deepening a global stocks rout triggered by US President Donald Trump’s trade war and China’s forceful response to unexpectedly high tariffs. Germany’s…
China to impose additional tariffs on certain US goods
BEIJING (Agencies): In response to US government’s announced 10 percent additional tariffs on all Chinese goods to the US citing so-called issues such as fentanyl, China announced on Tuesday the…