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European markets drop after Trump's latest tariff warning
Hong Kong (AFP) July 14, 2025 European markets mostly fell Monday while Asia was mixed as investors digested Donald Trump's latest trade war salvos that saw him threaten to hit the European Union and Mexico with 30 percent tariffs. The US president's outburst came after a series of announcements last week including warnings of 50 percent levies on copper and Brazilian goods, 35 percent on Canadian goods, and a possible 200 percent charge on pharmaceuticals. While observers warn the measures could deal a hefty blow to the glo ... read more |
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EU and Indonesia announce 'political agreement' on trade dealBrussels, Belgium (AFP) July 13, 2025 EU chief Ursula von der Leyen and Indonesian President Prabowo Subianto on Sunday announced a "political agreement" to conclude a long-awaited free trade deal, as US leader Donald Trump upends global commerce. ... more 
China exports beat forecasts in June after US tariff truceBeijing (AFP) July 14, 2025 China's exports rose more than expected in June, official data showed Monday, after Washington and Beijing agreed a tentative deal to lower swingeing tariffs on each other. ... more 
Trump's tariff threats and delays: state of playWashington (AFP) July 11, 2025 US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as President Donald Trump delayed them again until August - but unveiled new copper duties and increased levies on Canada and Brazil. ... more 
Defence, joint debt and farmers: EU draws budget battle linesBrussels, Belgium (AFP) July 11, 2025 When the European Union unveils its long-term spending proposals next week, it will kick off the bloc's biggest budget battle in recent history. ... more |
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Markets rise as Trump sends tariff letters, delays deadline Hong Kong (AFP) July 8, 2025 Stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains. ... more 
Australian PM Albanese to visit China this weekBeijing (AFP) July 8, 2025 Australian Prime Minister Anthony Albanese will begin a six-day visit to China on Saturday, as Canberra hailed a return to free-flowing trade after a tense tariff dispute came to an end last year. ... more
Stock markets struggle as Trump's tariff deadline loomsHong Kong (AFP) July 7, 2025 Equities struggled Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, with the US president saying he would begin sending letters to some capitals outlining the rates he had decided upon. ... more 
China says BRICS not seeking 'confrontation' after Trump tariff threatBeijing (AFP) July 7, 2025 China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after US President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. ... more 
BRICS nations to denounce Trump tariffsRio De Janeiro, Brazil (AFP) July 5, 2025 BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry Donald Trump's hardline trade policies, but are struggling to bridge divides over crises roiling the Middle East. ... more |
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China says US lifted some export curbs, warns against 'blackmail'
Beijing (AFP) July 4, 2025 China said Friday that the United States has eased certain export restrictions in line with a "hard-won" framework reached at talks last month, warning against "blackmail and coercion" as the countries attempt to de-escalate a ruinous trade war. "Currently, both teams are working quickly to implement the results outlined in the London framework", China's commerce ministry said in a statement, referring to the June meetings. Beijing is now "reviewing applications for export licences of controlled ... read more 
Most Asian stocks rise as investors eye US trade talksHong Kong (AFP) June 30, 2025 Equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries' efforts to strike trade deals with the United States before a key deadline next week. ... more |
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China manufacturing shrinks in June despite trade war respite Beijing (AFP) June 30, 2025 China's manufacturing activity ticked up in June but remained in contraction territory, official data showed on Monday, as the truce in its trade war with the United States held. ... more 
China's top diplomat visits Europe pitching closer ties in 'volatile' worldBeijing (AFP) June 30, 2025 China's top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an "anchor of stability" in a world in turmoil. ... more 
China to keep anti-dumping steel duties on EU, UK, S. Korea and IndonesiaBeijing (AFP) June 30, 2025 China will maintain duties on certain steel products from the European Union, the United Kingdom, South Korea and Indonesia, its commerce ministry said Monday, as overcapacity concerns drive global trade turbulence. ... more 
China's top diplomat to visit EU, Germany, France next weekBeijing (AFP) June 27, 2025 China's top diplomat Wang Yi will head to Europe next week for talks with counterparts from the European Union, Germany and France, Beijing said on Friday as it seeks to shore up fraught ties with the bloc. ... more 
Trump ends trade talks with Canada over tax on US tech firmsWashington (AFP) June 27, 2025 President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting US tech firms, adding that Ottawa will learn of their new tariff rate within a week. ... more |
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