TRADE WARS
Most markets down as Fed holds and Trump announces fresh tariffs
Hong Kong (AFP) July 31, 2025
Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong tech earnings and Donald Trump's tariffs on key economies South Korea and India. ... more
China manufacturing sinks again in July as US trade talks stall
Beijing (AFP) July 31, 2025
China's factory output shrank more than expected in July, official data showed on Thursday, logging its fourth straight month of contraction as Beijing battles to hammer out a trade deal with the United States. ... more
US says Trump has 'final call' on China trade truce
Stockholm (AFP) July 29, 2025
China and the United States agreed Tuesday to hold further talks on extending their tariff truce, but a top US trade official stressed that President Donald Trump would make any "final call." ... more