EU Counter Tariffs: $28B U.S. Goods Face New Measures
EU announces counter tariffs on over $28B of U.S. goods, matching U.S. steel and aluminium tariffs. Two-step measures start April 1.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
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Trade War Escalates Amid U.S. Steel & Aluminum Tariffs
The U.S. 25% tariffs on steel and aluminum escalate trade tensions, triggering counter moves from Europe and allies amid market turbulence.
US Reverses Extra 25% Tariffs on Canadian Metals
The US reverses its plan for extra 25% tariffs on Canadian steel and aluminum after Ontario drops its tariff on electricity exports.
China’s Tourism Rebounds with a 10% Revenue Boost in 2024
China’s tourism sector shows a 10% revenue spike in 2024, driven by increased domestic travel and inbound arrivals, marking a strong recovery.
Global Analysts Praise Chinese Mainland’s Economic Openness
Global analysts praise the Chinese mainland’s economic openness with reforms boosting private sector, trade, and green transition.
US Stock Markets Take a Dive Amid Recession Jitters
US stock markets plummet as President Trump hints at possible recession, impacting major indices and tech giants like Tesla and Nvidia.
Morocco Partners with Chinese Firms on $32.7B Green Hydrogen Projects
Morocco selects Chinese firms for major $32.7B green hydrogen projects, enhancing green energy cooperation and sustainable development.
China’s 2025 Investment Plans: Opportunities Amid Global Uncertainties
Despite global uncertainties, China’s 2025 plans open new avenues for foreign investors. Experts discuss why China remains a top investment choice.
China’s Railway Passenger Trips Soar to Record 726 Million in Early 2025
China’s railway passenger trips hit a record 726 million in the first two months of 2025, driven by the Spring Festival travel rush and enhanced services, boosting both domestic and cross-border travel.
China’s Latest Policies Inspire Economic Confidence, Says ANZ Expert
ANZ’s chief economist discusses China’s latest government work report, highlighting support for high-tech and infrastructure projects to boost economic confidence.