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Trade War

US-Canada trade war looms as President-elect Donald Trump prepares for his inauguration with no signs of backing out of proposed tariffs

Updated On: 18 Jan 2025 | 9:28 AM IST
Bs_logoCanada warns of 'Trump Tariffs Tax' as trade war looms over US tariff plans

To counter China's trade dominance and boost US manufacturing and jobs, a strategy beyond high tariffs is essential

Updated On: 16 Dec 2024 | 11:13 PM IST
Bs_logoUS needs to look beyond tariffs to counter China's factory dominance

Spending on research and development has surged, tripling in the past decade and moving China into second place after the United States

Updated On: 10 Aug 2024 | 12:46 AM IST
Bs_logoHow China built tech prowess: Chemistry classes and research labs

China's Commerce Ministry on Thursday accused the European Union of making unreasonable demands in its investigation into imports of Chinese electric vehicles before announcing it was raising tariffs by as much as 38 per cent. Ministry spokesman He Yadong said the European side had demanded excessive amounts of information from Chinese automakers and then unfairly accused the Chinese companies of failing to cooperate. The types, scope, and amount of information collected by the European side are unprecedented, far exceeding the requirements of anti-subsidy investigations, He said. He said that included requiring details on manufacturing and development, technology and product formulas, among other aspects, from Chinese electric vehicle and battery companies. "After Chinese companies did their best to cooperate with the investigation and provided information, the European Commission still unreasonably accused Chinese companies of not fully cooperating and imposed punitive high tax ..

Updated On: 21 Jun 2024 | 4:37 PM IST
Bs_logoChina accuses EU of foul play, says escalation could trigger 'trade war'

The new sanctions also target firms in India, Kazakhstan, and Uzbekistan

Updated On: 21 Jun 2024 | 9:08 AM IST
Bs_logoJapan imposes trade curbs on Chinese firms for backing Ukraine war

China has also signaled it's considering tariffs as high as 25% on imported cars with large engines

Updated On: 14 Jun 2024 | 7:41 AM IST
Bs_logoXi has few options to retaliate against Europe without sparking trade war

Trade spats could cut 1.5% from global GDP; 3% in Asia

Updated On: 19 Nov 2022 | 7:01 PM IST

The Ministry of Commerce criticized the Biden administration for saying it is developing new ways to deal with Chinese trade tactics

Updated On: 17 Feb 2022 | 6:00 PM IST

European Union leaders will threaten British Prime Minister Boris Johnson with a trade war over Northern Ireland, The Times reported on Friday, without citing sources

Updated On: 12 Jun 2021 | 7:18 AM IST

We have been witnessing an exacerbation and an amplification of existing trade tensions

Updated On: 24 Jun 2020 | 10:47 AM IST

Bilateral trade between China and India was worth $88 billion in the fiscal year ending March 2019, with a trade deficit of $53.5 billion in China's favour, the widest India has with any country

Updated On: 19 Jun 2020 | 7:26 AM IST

"The reality is they have used a process, quite fairly, around a belief that we have not been fair in our trade," agriculture minister says

Updated On: 19 May 2020 | 8:53 AM IST

For India again, the US is a major exporting destination and India's share in US imports jumped slightly from 2.2 per cent in 2018 to 2.3 per cent in 2019.

Updated On: 01 Mar 2020 | 8:30 PM IST

Products that qualify include patient monitors, blood transfusion equipment and instruments to measure blood pressure

Updated On: 18 Feb 2020 | 11:26 AM IST

The terms of the deal imply an absolutely massive increase in Chinese imports of US energy, and if this actually comes to pass, it will have serious disruptive effects across global markets

Updated On: 16 Jan 2020 | 8:27 AM IST

The US, the second-biggest overseas destination, is threatening 100 per cent tariffs on the drink in response to a French digital-services tax affecting the likes of Alphabet's Google and Amazon.com

Updated On: 30 Dec 2019 | 10:47 AM IST

The protectionist impulse behind the trade war remains as ineradicable as ever

Updated On: 26 Dec 2019 | 7:21 AM IST

The United States has now collected more than $39 billion from the tariffs placed on $360 billion worth of Chinese goods

Updated On: 15 Dec 2019 | 12:21 AM IST

"If we don't make a deal with China, I'll just raise the tariffs even higher," he told reporters at the White House

Updated On: 10 Dec 2019 | 2:26 PM IST

While Trump had dashed hoped for a preliminary agreement and triggered a sell-off in stocks on Wall Street and in Asia, the Bloomberg report caused a brutal swing that took traders by surprise

Updated On: 04 Dec 2019 | 8:16 PM IST