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U.S. Treasury Secretary Scott Bessent said on Sunday (August 30, 2026) he will encourage G20 members to re-examine terms of trade with China to shrink global imbalances and press Beijing to rebalance its economy away from exports and toward domestic consumption. Mr. Bessent said in an interview ahead of a G20 finance leaders meeting that…
(1) Madagascar military coup The military has seized power in a coup in the Indian Ocean island of Madagascar and ousted President Andry Rajoelina, who has fled the country. Col. Michael Randrianirina, who seized power in a military coup, was sworn in as Madagascar’s new leader on Friday (October 17, 2025) in a lightning-fast power…
Treasury Secretary Scott Bessent listens as President Donald Trump meets with Argentina’s President Javier Milei in the Cabinet Room of the White House, Tuesday, Oct. 14, 2025, in Washington. | Photo Credit: AP Amid escalating trade tensions with China over its export restrictions on rare earth minerals, U.S. Treasury Secretary Scott Bessent has said that…
Wall Street, New York Stock Exchange (NYSE) in New York City, U.S.. File | Photo Credit: Reuters Investor worries that Wall Street’s record stock rally would soon fizzle loomed large on Friday (October 10, 2025) after tariffs re-emerged as a market risk. U.S. equity markets, fresh off midweek record highs, performed an about-face during the…
Read More “Trump’s tariff threats drive down Wall Street, raising worries of market downturn” »
Workers use machinery to dig at a rare earth mine in Ganxian county in central China’s Jiangxi Province. | Photo Credit: AP China outlined new curbs on exports of rare earths and related technologies on Thursday (October 9, 2025), extending controls over the use of the elements critical for many products ahead of a meeting…
Read More “China outlines more controls on exports of rare earths, technology” »
Donald Trump has followed through on his promise to wield the United States’s vast economic weight to hit back at China for its alleged unfair trade practices and role in America’s deadly fentanyl crisis. The president said Saturday that Chinese exports to the United States would be subject to an additional 10 percent tariff in…
New Delhi: India’s manufacturing industry is bearing the brunt of a fallout between the United States and China over threats of a trade and tariff war by the incoming Trump administration, and its retaliatory measures imposed by Beijing. In recent years, under its flagship ‘Make in India’ programme, India has seen exponential growth in key…
Read More “How Trump vs China Trade War Fallout Has Dealt A Blow To ‘Make In India’” »
New Delhi: India’s manufacturing industry is bearing the brunt of a fallout between the United States and China over threats of a trade and tariff war by the incoming Trump administration, and its retaliatory measures imposed by Beijing. In recent years, under its flagship ‘Make in India’ programme, India has seen exponential growth in key…
Read More “How Trump vs China Trade War Fallout Has Dealt A Blow To ‘Make In India’” »
Washington: The United States finalized a rule Tuesday effectively barring Chinese technology from cars in the American market, taking aim at software and hardware from the world’s second-biggest economy on national security risks. The announcement comes as outgoing President Joe Biden wraps up efforts to step up curbs on Chinese-made technology, and after a months-long…
Read More “US To Ban Smart Cars Containing Chinese, Russian Technology” »
Beijing: China warned on Tuesday that “no one will win a trade war” after US President-elect Donald Trump vowed to impose sweeping tariffs on goods from China and elsewhere in response to illegal drug trade and immigration. “China believes that China-US economic and trade cooperation is mutually beneficial in nature,” Liu Pengyu, a spokesman for…
Read More “After Donald Trump Vows Big Tariffs, A Warning From China Over Trade War” »