Canadians React to Trump’s 25% Tariff Plan on US Imports
Toronto residents weigh in on President-elect Trump’s proposed 25% tariff on US imports from Canada and Mexico, expressing concerns over economic repercussions.
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Friend or Foe? U.S. Blocks Japan’s $14B Nippon Steel Acquisition
U.S. President Biden blocks Japan’s Nippon Steel from acquiring U.S. Steel, citing national security concerns. The move highlights a cautious approach in safeguarding strategic industries amidst strong alliances.
China Criticizes U.S. Drone Restrictions, Cites Threat to Global Supply Chains
China’s Foreign Ministry opposes U.S. drone restrictions, warning of disruptions to global trade and supply chains.
China Adjusts Import Tariffs on 935 Goods Starting 2025
Starting January 1, 2025, China will lower import tariffs on 935 goods to boost domestic demand and support sustainable development, enhancing trade ties with 34 regions.
Chinese Ambassador Warns Against Underestimating China’s Economic Resilience at USCBC Gala
At the USCBC 2024 Gala Dinner, Chinese Ambassador Xie Feng emphasized the steady and resilient Chinese economy, warning that underestimating China is unwise and highlighting the importance of China-US collaboration for global growth.
China Confident to Remain World’s Economic Growth Engine, Says Xi Jinping
At the ‘1+10’ dialogue in Beijing, China asserts its role as the world’s leading economic growth engine, highlighting sustained GDP growth and the Belt and Road Initiative’s impact.
China’s Foreign Trade Surges 4.9% in First 11 Months of 2024
China’s foreign trade grew by 4.9% in the first 11 months of 2024, reaching a total value of 39.79 trillion yuan, driven by strong exports and strategic policy measures.
China Opposes U.S. Chip Export Controls, Urges Diversified Supply Chains
China has condemned the U.S.’ latest semiconductor export controls, urging local industries to diversify supply chains and protect trade interests amid increased restrictions.
China Strengthens Export Controls on Dual-Use Goods to the U.S.
China’s Ministry of Commerce tightens export controls on dual-use items to the U.S., citing national security and international obligations.
China Pioneers Zero Tariffs for 33 African Least Developed Countries
China becomes the first major economy to grant zero tariffs to 33 Least Developed African nations, fostering enhanced China-Africa trade relations starting December.