Peking

China sharply raises tariffs against the USA

China is to raise tariffs on goods from the USA to 125 percent. At the same time, Beijing says it will ignore further hikes from the American side – and wants to unite with the EU against the USA.

The stock market rallied in global customs chaos

After sinking during Friday's trading – following a new message from Beijing about a shock increase in China's tariffs on goods from the USA to 125 percent – the Stockholm stock exchange bounced back. At the close, the OMXS index landed at 0.1 percent.

Xi Jinping to Visit Vietnam, Malaysia, and Cambodia Next Week

Tokyo Stocks Dive Over 5% as Trade War Fears Resurface

The Tokyo stock exchange plummeted in early Friday trading, following yesterday's gains. Uncertainty surrounding Donald Trump's tariffs persists, with investors particularly worried about the consequences of the escalation with China.

Global Trade Tensions Rise as Trump Imposes New Tariffs

The global trade war is in full swing. Here is a selection of the developments since Donald Trump won the American presidential election last autumn.

China Seeks Stability in Trade Tensions with US, Says Expert

China's response to the USA's trade war was expected – and controlled. China is not escalating, but responding in kind. Beijing does not want unnecessary conflicts, says China expert Frédéric Cho.

Zelensky Claims 155 Chinese Nationals Fighting for Russia in Ukraine

At least 155 Chinese citizens are fighting for Russia in Ukraine. This says Volodymyr Zelenskyj hours after China called the allegations of many Chinese soldiers "completely baseless".

Trump's New Tariffs Hit 60 Countries, China Faces 104 Percent Duty

Now the tariffs that USA's President Donald Trump has introduced against almost 60 countries come into effect. China is hit by tariffs of 104 percent.