Trade

Beijing Just Issued a Bold Ultimatum, Will the U.S. Back Down?

China’s Ministry of Commerce confirmed Thursday that it continues to maintain working-level communication with U.S. trade officials, but renewed demands for Washington to abandon its current pressure tactics. Spokesperson He Yongqian reiterated Beijing’s position during a press conference, stating that while China remains open to economic and trade consultations, the onus is on the U.S. to undo the damage caused by its unilateral tariff policies.

Trump Holds the Line as Japan Pushes to Ease Tariffs

President Donald Trump met with a Japanese trade delegation in Washington, D.C., on April 16, marking a pivotal moment in escalating trade tensions between the United States and Japan.

Hong Kong Halts U.S. Mail After Trump’s Trade Crackdown

Hong Kong has suspended mail services to the United States for any items containing goods, calling U.S. trade policies "unreasonable" and "bullying."

Modi’s Bold Trade Move Could Shake Up U.S. Tariffs

India has officially committed to pursuing trade liberalization with the United States, with high-level talks set to begin this month and continue in person by May. Indian Trade Secretary Sunil Barthwal confirmed the move on Tuesday, marking a key step in negotiations that began during President Donald Trump's 2020 meeting with Indian Prime Minister Narendra Modi.

Trump Announces Reciprocal Tariffs for ‘Fair’ Trading

President Donald Trump signed a memo directing Commerce Secretary Howard Lutnick and global trade representative Jamieson Greer to assess "fair and reciprocal" tariffs.

S&P 500 Hits Record High Amid AI Optimism and Netflix Surge

The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.

FTC Issues $5 Million in Refunds for Credit Card Debt Relief Scam

The Federal Trade Commission (FTC) is distributing over $5 million in refunds to victims of a fraudulent credit card debt relief scheme run by ACRO Services. The company and its operators were accused of deceptive practices that misled consumers about their ability to reduce or eliminate credit card debt.

Houthi Terrorists Pledge to Target Only Israeli Ships, Threaten Broader Red Sea Escalation

Yemen’s Iran-backed Houthi insurgents announced Sunday they will limit attacks on civilian ships in the Red Sea to Israeli vessels, citing the Gaza ceasefire agreement. However, they warned that broader assaults could resume if the ceasefire fails to hold.

Trump Confirms ‘Very Good’ Phone Call With Chinese Leader Xi Jinping

President-elect Donald Trump confirmed on Friday that he had a phone call with Chinese leader Xi Jinping, describing it as "very good" and optimistic about addressing pressing issues between the two nations.

House Democrats Oppose Trump’s Sweeping Tariff Plans

House Democrats are opposing President-elect Donald Trump's proposed tariff increases. Representatives Suzan DelBene (D-WA) and Don Beyer (D-VA), joined by 11 other Democrats, introduced...

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