TRADE WARS - INDO DAILY

China files complaint with WTO against US tariffs

Mar 04, 2025 (AFP)

The statement comes a day after Trump ordered additional tariffs against Chinese goods, increasing previously imposed 10 percent levies to 20 percent. "The Unit...

Markets fall on trade war fears after US, China tariffs

Mar 04, 2025 (AFP)

China said it would impose levies of 10 and 15 percent on a range of US agricultural imports in response to Trump's tariffs. The US president signed an executiv...

Trump says Canada and Mexico cannot avert tariffs, hikes China levy

Mar 04, 2025 (AFP)

Trump had unveiled -- and then paused -- blanket tariffs on imports from major trading partners Canada and Mexico in February, accusing them of failing to stop ...

Mexico says 'Plan B' ready as US tariff deadline looms

Mar 03, 2025 (AFP)

"Whatever the decision, we have a plan," she said at her morning news conference. "There is constant communication in different areas, both security and trade, ...

China manufacturing activity grows in February

Mar 01, 2025 (AFP)

The world's second-largest economy is facing sluggish internal demand and a protracted property sector crisis, as well as the possibility of a deepening trade w...

Bitcoin falls below $80,000 first time since November

Feb 28, 2025 (AFP)

The digital unit fell to as low as $79,525.88 in early Asian trade -- its lowest level since November 11 and sharply down from the record above $109,000 seen ju...

Asian markets thumped as Trump tariff salvo fans fresh fears

Feb 28, 2025 (AFP)

Disappointing earnings from chip darling Nvidia added to the sense of unease on trading floors, with investors questioning their positions after China's DeepSee...

China's leaders gather to hash out Trump tariff battle plans

Feb 28, 2025 (AFP)

The "Two Sessions" gatherings of the country's parliament and top advisory body are primarily talking shops, rubber-stamping decisions made by the Communist Par...

India and EU to finalise free trade agreement by year-end

Feb 28, 2025 (AFP)

"We have asked our teams to work out a mutually beneficial bilateral free trade agreement by the end of this year," Modi said in New Delhi. Von der Leyen, who i...

US Treasury chief pushes Canada, Mexico to match tariffs on China

Feb 28, 2025 (AFP)

A month-long pause on US tariffs of up to 25 percent hitting Canadian and Mexican imports expires next Tuesday, and negotiations to avoid their imposition are o...

China vows response to latest US tariffs also targeting Canada, Mexico

Feb 28, 2025 (AFP)

Trump's latest move will come into effect on Tuesday alongside sweeping 25 percent levies on Canadian and Mexican imports, intensifying a brewing trade war betw...

Asian markets mixed after latest Trump tariff threat

Feb 27, 2025 (AFP)

Hong Kong was again the region's standout performer as the Hang Seng Index chalked up a 20 percent year-to-date gain -- pushing it above 24,000 points for the f...

Panama AG agrees Hong Kong firm's canal concession is 'unconstitutional'

Feb 27, 2025 (AFP)

The contract held by CK Hutchison Holdings, owned by Hong Kong billionaire Li Ka-shing, has been at the root of US President Donald Trump's concerns for Chinese...

China's Xi urges 'calm' response to challenges ahead of key meeting

Feb 26, 2025 (AFP)

The world's second largest economy is facing down sluggish internal demand and a protracted property sector crisis, as well as the possibility of a deepening tr...

Hong Kong to slash public spending, civil service jobs

Feb 26, 2025 (AFP)

Annual deficits exceeded US$22 billion in four of the past five years, according to official figures -- the worst balance sheet since the former British colony ...

Bangladesh and Pakistan begin direct trade

Feb 25, 2025 (AFP)

The two countries were once one nation but split in a brutal 1971 war, with Bangladesh drawing closer to India. However, long-time Bangladeshi prime minister Sh...

Asian markets sink as Trump tariffs, China curbs stunt rally

Feb 25, 2025 (AFP)

The losses followed a broadly negative day in New York, where tech giants have hit a wall since China's DeepSeek unveiled a chatbot that upended the AI industry...

Stock markets struggle on fears over Trump's China tech curbs

Feb 25, 2025 (AFP)

London equities rose while Paris and Frankfurt struggled for direction, with defence and banking stocks faring particularly well. That followed a weak session a...

Bolivia inaugurates steel plant built with Chinese loan

Feb 25, 2025 (AFP)

The Mutun megaproject in Puerto Suarez, near Bolivia's border with Brazil, was built at a cost of $546 million, financed in large part by the Export-Import Bank...

Mexico president hopeful of deal this week to avert US tariffs

Feb 24, 2025 (AFP)

Claudia Sheinbaum said talks with Washington would continue this week in an effort to avoid the 25 percent tariffs that Trump agreed on February 3 to "pause" fo...