China, Trump and 84 tariffs
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The latest measures follow an earlier 25% tariff on steel and aluminum, imposed last month, which will hit South Korea hard as the fourth-largest exporter of steel to the US.
From CNN
China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump earlier in the day and further inflaming a trade war bet...
From CNN
The showdown sets up an historic rupture that will not only cause pain for both of these deeply intertwined economies – but add tremendous friction to geopolitical rivalry.
From CNN
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China is seeking to coordinate its response to U.S. tariffs with Japan and South Korea, Chinese state media said.
The China National Offshore Oil Corporation has discovered an oilfield with over 100 million tons of proven reserves adding to similar recent finds.
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
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The Chosun Ilbo on MSNChina’s BYD steps into South Korea, says it’s in for the long haulChina’s BYD, the world’s top-selling electric vehicle (EV) maker, including plug-in hybrids, is set to enter South Korea with its Atto 3 compact SUV, aiming to challenge established players in a market known for strong brand loyalty.
Defense Secretary Pete Hegseth has pledged to bolster Manila’s capacity to push back against Beijing’s growing assertiveness in the South China Sea.