HONG KONG (AP) — China’s economy expanded at the slowest annual pace in a year in July- September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2% pace of…
HONG KONG (AP) — China’s exports to the US sink nearly 30% in September as trade truce unravels with new threats of higher tariffs. Before you make your next trade, you’ll want to hear this. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients…
BANGKOK (AP) — Shares were mixed in Asia on Monday, with markets in China gaining after surveys showed a slight improvement in Chinese factory data, suggesting manufacturing is holding up despite higher U.S. tariffs. Investors were awaiting further developments after the U.S. Court of Appeals for the Federal Circuit ruled Friday that Trump went too…
WASHINGTON (AP) — President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path. The U.S. Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies…
JAKARTA, Indonesia (AP) — Peruvian President Dina Boluarte met his Indonesian counterpart Prabowo Subianto on Monday during a visit aimed at strengthening economic ties as the two countries for new markets amid geopolitical challenges and rising trade barriers. The signing came just four days after the U.S. President Donald Trump began imposing higher import taxes…
WASHINGTON (AP) — U.S. and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the U.S. demand that China stop purchasing oil from Iran and Russia. “China will always ensure its energy supply in ways that…
Who Pays the Real Cost of Tariffs? Who Ultimately Pays the Cost of U.S. Tariffs? I recently watched an interview where Treasury Secretary Bessent downplayed the inflationary impact of President Trump’s tariffs. According to him, the burden of these import taxes will mostly fall on exporters trying to maintain U.S. market share and on…
TAIPEI, Taiwan (AP) — China imposed export controls Wednesday on eight companies tied to Taiwan’s military as the self-ruled island started annual military exercises. China’s Commerce Ministry added eight Taiwan-based firms including aerospace and shipbuilding companies, to an export control list, citing national and regional security concerns. Get stock market alerts: Sign Up The banned…
BEIJING (AP) — China’s exports rose 4.8% in May from a year earlier, a bit lower than expected as shipments to the United States fell nearly 10%, according to customs figures released Monday just hours ahead of another round of trade talks between the U.S. and China. Get analyst upgrade alerts: Sign Up Imports declined…
TAIPEI, Taiwan (AP) — China blasted the U.S. on Monday over moves it alleged harmed Chinese interests, including issuing AI chip export control guidelines, stopping the sale of chip design software to China, and planning to revoke Chinese student visas. “These practices seriously violate the consensus” reached during trade discussions in Geneva last month, the…