Tag: China-US trade
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Asia-Pacific Markets Mixed as China Port Fees Hit US Ships
Asia-Pacific markets tread water as port fee dispute escalates Asia-Pacific equities traded mixed on Tuesday, diverging from a rally in U.S. stocks after President Donald Trump signaled a softer stance on China. Investor attention shifted to the latest round of tit-for-tat trade restrictions and the looming charges that could affect maritime flows between the world’s…
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China Warns of Retaliation if US Maintains 100% Tariffs Threat as Markets Brace for Fresh Trade Turmoil
Beijing Reaffirms Stance as Tariff Threats Loom China’s commerce ministry issued a sharp warning on Sunday, signaling it would take “resolute measures” to defend its interests if President Trump proceeds with his threat to impose 100% tariffs on Chinese imports. The remarks come after Trump’s recent pledge to escalate pressure on Beijing by November 1,…