Global Trade

Trump Confirms US Tariffs on Canada, Mexico, and China Will Proceed

After weeks of speculation, U.S. President Donald Trump has announced that 25% tariffs will be imposed on imports from Canada and Mexico, plus another 10% on China, effective Tuesday, U.S. time. US markets reacted to the news with the S&P 500 marking its worst day since December, while the Dow Jones dropped more than 600 points. Mitch McCann reports:

March 4, 2025 29

Business / Economics

China factory activity picks up, showing economy’s resilience in face of tariffs

China's manufacturing activity picked up last month, indicating economic resilience in the face of US President Donald Trump slapping more tariffs on China's exports. The latest data comes as policymakers are expected to announce that they'll push China's official budget deficit target to the highest in over three decades. Laura Westbrook reports from Hong Kong.

March 3, 2025 45

Business / Economics

China calls on United States to show ‘mutual respect’ after Trump comments

China has called for the United States to show "mutual respect" in managing trade tensions after President Donald Trump said a trade deal with Beijing was "possible". At the beginning of February, Trump imposed additional tariffs of 10 percent on all products imported from China. Laura Westbrook.

February 21, 2025 47

Business / Economics

China condemns Trump’s ‘tariff shocks’ at WTO

February 19, 2025 33

Business / Economics

US inflation hits 3% for first time since June

US President Donald Trump is pressing on with his protectionist agenda, readying reciprocal tariffs on various products from multiple nations, despite fresh inflation data showing prices are still rising in the United States. CPI increased 3% last month compared to a year ago — that's higher than economists predicted, as Benji Hyer reports.

February 13, 2025 26

Business / Economics

India’s high tariffs are a barrier to imports

US President Donald Trump's top economic advisor has said that India's high tariffs are a barrier to imports. The comments, made in an interview with CNBC, come ahead of Indian Prime Minister Narendra Modi visit to the US this week. Rebecca Bundhun has more from Mumbai.

February 11, 2025 42

Business / Economics

Countries react to new Trump tariff proposals

China is accusing Donald Trump of "weaponising trade" after he announced he'll impose 25% tariffs on steel and aluminium entering the United States. The US President also says he's planning "reciprocal tariffs" on any country currently taxing American products. Benji Hyer reports.

February 11, 2025 51

Business / Economics

India preparing more tariff reductions ahead of US visit

Indian Prime Minister Narendra Modi is working on additional tariff cuts ahead of his meeting this week with US President Donald Trump, according to reports This visit comes as President Trump has said he plans to slap reciprocal tariffs on many countries. Rebecca Bundhun has more from Mumbai.

February 10, 2025 38

Business / Economics

China imposes retaliatory tariffs on $14bn worth of US goods

China has imposed retaliatory tariffs on the US, hitting about $14bn worth of goods and dashing hopes that a trade war between the world's two largest economies could be avoided. Beijing announced the tariffs last week in response to a US decision to impose an additional 10 per cent levy on Chinese products. Laura Westbrook has more.

February 10, 2025 52