Algoma Steel to Cut 1,000 Jobs Amid US 50% Tariff Shock
Ontario-based Algoma Steel will lay off 1,000 workers in March 2026 as 50% US tariffs squeeze its competitiveness, despite CA$500M in government support.
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Japanese Industries Fear Losing Chinese Mainland Market
Japanese industries raise alarms over trade with the Chinese mainland after PM Takaichi’s remarks, as exporters seek to diversify amid slowed orders in goods and services.
Takaichi’s Remarks Threaten Japan’s GDP, Expert Warns
Expert warns that Takaichi’s recent statements could shave 0.8-1.5% off Japan’s GDP within a year if economic tensions with the Chinese mainland intensify.
The Chinese mainland sees no market for Japanese seafood amid rising tensions
The Chinese mainland says there’s no market for Japanese seafood amid import suspension, citing Japan’s failure to provide technical materials. PM Takaichi’s Taiwan remarks draw public backlash.
China Urges Germany to Help Settle Nexperia Dispute
Chinese Commerce Minister Wang Wentao has urged Germany to press the Netherlands to resolve the Nexperia chip dispute, citing disruptions to the global semiconductor supply chain.
The U.S. and Chinese Mainland Agree on Steps to Ease Trade Tensions
The U.S. and the Chinese mainland reached consensus in Kuala Lumpur on tariffs, export controls, fentanyl and agricultural cooperation to ease trade tensions.
When Capital Loses Faith: US Power Tested by Trade Controls
Amid US-China tariff standoffs, investors pivot as trade controls reshape supply chains and question America’s market primacy.
China Imposes Countermeasures on 5 U.S.-Linked Firms
China’s commerce ministry bans transactions with five U.S.-linked firms in response to U.S. Section 301 measures targeting its maritime and shipbuilding sectors.
China defends special port fees in response to US measures
China’s Ministry of Commerce defends new port service fees on U.S.-linked vessels as a lawful countermeasure to Washington’s Section 301 port charges, calling for dialogue to resolve trade disputes.
China to Levy Special Port Fees on U.S. Vessels Starting October
China to charge special port fees on U.S. vessels from Oct. 14 in response to U.S. tariffs, impacting ships with U.S. stakes and signaling heightened maritime trade tensions.