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Concerns about inflation from U.S. tariffs isn't over yet. Europe is bracing for a potential trade showdown with the U.S., as an American tariff on Chinese imports takes effect today.
News comes after US secretary of state visited Panama to pressure the country over its ties with Beijing
US secretary of state Marco Rubio has welcomed Panama’s decision to let its participation in China’s global infrastructure plan expire, calling the move “a great step forward” for its ties with the United States.
Any move by Panama to distance itself from Chinese President Xi Jinping’s (BRI) represents a win for Washington, which has argued that Beijing uses the scheme for “debt trap diplomacy” to cement its global influence.
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South Africa’s president Cyril Ramaphosa has rejected Donald Trump’s claim that the country is confiscating land.
AFP reports that Ramaphosa said he was ready to explain his government’s land reform policy to his US counterpart.
Satellite images reveal the construction of a massive Chinese laboratory dedicated to laser fusion. Located in Mianyang, this site could have major implications for energy production while ...
The president’s tariff measures included a big change to trade rules that could increase costs for many purchases from sites like Amazon, Shein and Temu.
Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.
"Eventually you cross that threshold of copying, and you're innovating, and then you're leading," Uber cofounder Travis Kalanick said.
Trump, tough on trade with China, may be soft on defense of America’s friends and allies, including the Philippines, South Korea, and Taiwan.
Secretary of State Marco Rubio visited the country amid US threats to retake control of the Panama Canal.
Ex-Senate majority leader is one of few party members to criticize president’s trade war with US neighbors and China
on Capitol Hill have largely fallen in line with ’s move to impose tariffs on the US’s biggest trading partners, with the notable exception of the former Senate majority leader Mitch McConnell, who called it a “bad idea”.
With even Trump admitting that the tariffs – 25% on imports from Canada and Mexico and 10% on China – might cause “some pain”, there was mostly strong support from the president’s loyalists. Jason Smith, chair of the ways and means committee of the House of Representatives, the tariffs would “send a powerful message that the United States will no longer stand by as other nations fail to halt the flow of illegal drugs and immigrants into our country”.
The White House said it would move forward with levies on America’s largest trading partners on Saturday.
With Canada, Mexico, China, Colombia and the Middle East, President Trump has wasted no time threatening to use American might to force recalcitrant countries to back down and do what he wants.