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Asian markets tumbled on Monday after US President Donald Trump escalated tensions with China, threatening last week to impose 100% tariffs on Chinese goods.Hong Kong’s HSI traded at 25,374, down 916 points or 3.49%. Shanghai and Shenzhen also dipped 1.3% and 2.56% respectively. Japan’s Nikkei also traded in red, reaching 48,088, shedding 491 points or…
Donald Trump and Xi Jinping (Images/Agencies) US PresidentDonald Trump on Sunday said he expects a positive relationship with China, while stressing the role of tariffs in managing international disputes.“I think we’ll get along just fine. I have a great relationship with China. Xi had a bad moment… but because of the tariffs, it’s much tougher…
Donald Trump (File photo) US President Donald Trump on Sunday said the plan to impose 100 per cent tariffs on Chinese imports remains in place for November 1, but hinted that the timeline could change When asked by reporters whether, “100% tariffs on China on November 1st still the plan?” Trump replied, “Yeah. Right now…
US President Donald Trump struck a markedly softer tone on China on Sunday, referring to President Xi Jinping as “highly respected” and insisting the United States wants to “help” China, not hurt it, despite escalating tensions over rare earths and looming tariffs. “Don’t worry about China, it will all be fine!” Trump wrote on his…
When two men accused of spying for Beijing walked free from a London courtroom last month, the tremors were felt far beyond Westminster. In Washington, they registered as something far more serious: a crack in the bedrock of one of the world’s most trusted intelligence partnerships. Now, the White House is warning that Britain’s failure…
Bitcoin suffered a steep 8.4% drop to $104,782 on Saturday, leading a $19 billion wipeout across the cryptocurrency market, triggered by US President Donald Trump’s escalation of the US-China trade war. Trump announced 100% tariffs on Chinese tech exports and stringent export controls on critical software, accusing Beijing of aggressive trade tactics through restrictions on…
The US-China trade war intensified on Sunday after Beijing accused Washington of “double standards” following President Donald Trump’s decision to impose an additional 100% tariff on Chinese goods. “The relevant US statement is a typical example of double standards,” China’s ministry of commerce said in a statement, according to Reuters.The ministry added that China’s stance…
The trade war between the US and China reached an alarming phase after tit-fortat export controls that rattled markets. A staggering $1.65 trillion was wiped out of the US stock market when President Trump announced retaliatory measures against Beijing’s move to squeeze supply of critical technologies, including rare earths processing, reports Chidanand Rajghatta.Hours after the…
AI image for representation The TOI correspondent from Washington: The trade war between the United States and China dramatically escalated this week, reaching a new and alarming phase after tit-for-tat export controls that rattled markets even as they were closing on Friday. Barring a pullback by both sides over the weekend, more pain is expected…
BWF World Junior Badminton Championships (PTI Photo) China secured their 15th Suhandinata Cup victory at the BWF World Junior Championships 2025, defeating defending champions Indonesia on Saturday. India and Japan earned bronze medals as semi-final runners-up.The Chinese team, featuring three Asian Junior Championships gold medalists and two silver medalists, dominated Indonesia with a score of…
