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Trump Signals Tariffs on China Will Drop, But Not to Zero Amid Trade War Concerns
08
May

Trump Signals Tariffs on China Will Drop, But Not to Zero Amid Trade War Concerns

  • LN24 / 7 months
  • 0
  • 2 min read

President Donald Trump stated during a White House news conference on Tuesday that tariffs on Chinese imports “will come down substantially, but it won’t be zero,” signaling a potential shift in trade policy amid ongoing economic and political pressure. Trump’s comments came hours after U.S. Treasury Secretary Scott Bessent called current tariff levels “unsustainable” and […]

China Confirms High-Level Tariff Talks With U.S. in Switzerland
08
May

China Confirms High-Level Tariff Talks With U.S. in Switzerland

  • LN24 / 7 months
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  • 2 min read

China has officially confirmed that Vice Premier He Lifeng will travel to Switzerland for a new round of high-level tariff discussions with senior U.S. officials, signaling a cautious diplomatic engagement amid rising trade tensions. The talks, requested by Washington, aim to address escalating tariff measures and growing friction between the world’s two largest economies. The […]

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds
08
May

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds

  • LN24 / 7 months
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  • 2 min read

Toyota Motor Corporation has projected a 20% drop in its annual profit, citing the effects of U.S. trade tariffs and a weakening dollar, which have significantly impacted its North American operations. The world’s largest automaker by volume expects its operating income to fall to 3.8 trillion yen ($25.2 billion) in the fiscal year ending March […]

China Threatens U.S. Allies Over Trade Cooperation
21
Apr

China Threatens U.S. Allies Over Trade Cooperation

  • LN24 / 7 months
  • 0
  • 2 min read

Beijing — April 21, 2025 — China has issued a stern warning to nations aligning with the United States on trade policy, vowing retaliation against any country that, in Beijing’s view, compromises Chinese interests. The warning comes amid a sharp escalation in the U.S.-China trade war, now spilling over into alliances and global economic blocs. […]