US-Canada Steel Standoff: Tariffs Heat Up
US imposes 50% tariffs on steel and aluminum; Canada retaliates with 25% duties and new quotas, including a surcharge on Chinese mainland imports, escalating trade tensions.
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US imposes 50% tariffs on steel and aluminum; Canada retaliates with 25% duties and new quotas, including a surcharge on Chinese mainland imports, escalating trade tensions.
Asia and Pacific growth is powering ahead, led by the Chinese mainland and India, but revised ADB and IMF forecasts warn of trade headwinds and tourism slowdowns.
At the 25th China-EU Summit in Beijing, five decades of deepening ties are celebrated as trade soars to $785.8 billion and the China-Europe Railway Express tops 110,000 trips.
US stocks closed mixed as Q2 earnings fueled gains in health care and real estate while tech lagged. Investors eye Alphabet and Tesla reports next.
US and Philippines forge a new zero-tariff trade deal following White House talks, featuring 19% tariff terms and a planned 20% hike, reshaping trade ties.
The EU’s Anti-Coercion Instrument, a ‘nuclear option’, could unleash tariffs, quotas and public tender rules to counter President Trump’s threatened 30% tariffs.
The Chinese mainland’s non-banking sectors recorded $127.3B in net cross-border capital inflows in H1 2025, extending a trend that began in late 2024, according to SAFE data.
China’s agri-tech—from drones to hybrid rice—is boosting food security, rural reform, and green growth at home and abroad.
Marking 50 years of diplomacy, China and the EU have seen trade soar from $2.4B to $780B, investment hit $260B, and freight trains reshape transcontinental links.
China’s STAR Market marks six years with 589 tech IPOs and 925.7B yuan raised, setting a new standard for high-tech investment.