Kenyan FM Optimistic About China-Africa Partnership Growth
Kenyan Foreign Minister Musalia Mudavadi expresses hope for the continued expansion of China-Africa relations, emphasizing trade and Africa’s role in the global agenda.
Trade
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U.S. Tariffs Surge: Rising Costs and Shrinking Trade Impact Americans
New U.S. tariffs on Canada, Mexico, and China are set to increase construction costs and consumer prices, disproportionately affecting lower-income households and fueling inflation fears.
China Pushes Back Against US’s New 10% Tariff Threat
China strongly opposes the US’s new 10% tariff threat on imports, citing World Trade Organization rules and vows to take necessary countermeasures.
Bangladesh and Pakistan Rekindle Direct Trade Relations to Boost Regional Economy
Bangladesh and Pakistan have resumed direct trade ties, marking a significant step towards enhanced economic cooperation and regional growth.
China Urges US to Reevaluate Tariffs in Letter to New Trade Representative
China’s Commerce Minister Wang Wentao urges the U.S. to reconsider tariff policies, seeking enhanced economic cooperation and better trade relations in a letter to the new Trade Representative.
New Study Shows US Tariffs on China May Harm Economy More Than Expected
A Federal Reserve Bank of New York study warns that recent US tariffs on Chinese imports could negatively impact the economy more than official data suggests.
China and Turkey Pledge Enhanced Bilateral Cooperation at G20 Summit
Chinese and Turkish Foreign Ministers commit to expanding bilateral cooperation at the G20 Summit, focusing on trade, technology, and regional security.
China’s Private Sector Drives 5% Economic Growth Amid Global Challenges
China’s private sector boosts the economy to 5% growth despite global challenges, positioning the nation as a key driver of global prosperity.
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.
Trump Slaps 25% Tariffs on Steel, Aluminum in Trade Escalation
US to impose 25% tariffs on steel and aluminum imports, with reciprocal measures targeting major trade partners. Impact on global markets expected.