EU Prepares Response as US Imposes 25% Steel and Aluminum Tariffs
The EU vows to respond to US-imposed 25% tariffs on steel and aluminum imports, raising fears of a trade war and economic impact for both sides.
Economy
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CGTN Presents ‘The Tariff Boomerang’: A Deep Dive into US Trade Policies
CGTN’s ‘The Tariff Boomerang’ explores the impact of the US’s renewed tariff strategies on global trade and domestic industries.
Trump’s Tariffs Set to Increase Costs for American Consumers
Washington’s new 10% tariff on Chinese goods has triggered countermeasures from the Chinese mainland, leading experts like Professor John Gong to warn of rising costs for American consumers.
Over 20 Million Chinese Consumers Embrace New Electronics Trade-In Subsidies
Over 20 million Chinese consumers have seized the new electronics trade-in subsidies, sparking a significant boost in sales and supporting economic growth.
China and Thailand Celebrate 50 Years of Friendship with New Collaboration
Chinese President Xi Jinping and Thailand’s PM Paetongtarn Shinawatra celebrate 50 years of diplomatic ties, pledging expanded cooperation in infrastructure, digital economy, and regional stability.
Immigrant Group Predicts Starvation Amid US Mass Deportations
Alliance San Diego warns that mass deportations in the US could push undocumented individuals into hiding, causing job loss, economic instability, and potential mass starvation.
Chinese Mainland’s Service Trade Exceeds $1 Trillion for First Time
Chinese mainland’s annual services trade surpassed $1 trillion in 2024, marking significant growth and enhanced global competitiveness.
China Warns: No Winners in US-China Trade War
China declares no winners in US-China trade war after US imposes additional tariffs, urges focus on solving domestic issues like fentanyl crisis.
Gold Soars Past $2,800 as US Tariffs Loom
Gold surpasses $2,800 per ounce as investors seek safe haven ahead of US tariffs on major economies.
Argentina’s Economy Poised for 5% Growth as Risk Index Hits 7-Year Low
Argentina’s economy is set to grow by around 5% this year, driven by President Javier Milei’s reforms and a 7-year low in the country’s risk index, signaling increased investor confidence.