BEIJING/WASHINGTON/LONDON, April 12 — Beijing increased its tariffs on United States (US) imports to 125 per cent on Friday, hitting back against President Donald Trump's decision to raise duties on Chinese goods and upping the stakes in a trade war that threatens to upend global supply chains.
KUALA LUMPUR, April 12 — The ringgit is expected to extend its gains against the US dollar next week, potentially trading between 4.41 and 4.42, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, April 9 — The ringgit closed weaker against the United States (US) dollar today, weighed down by cautious market sentiment following reports of a 104 per cent tariff imposed on China, indicating the likelihood of a prolonged trade war.
BEIJING, April 9 — With firm will and abundant means, China will resolutely take countermeasures and fight till the end if the United States (US) insists on further escalating economic and trade restrictive measures, its Ministry of Commerce said on Wednesday.
KUALA LUMPUR, April 9 — The ongoing United States (US)-China trade war, which erupted in 2018 under President Donald Trump’s 'America First' policy, continues to impact global trade dynamics, with far-reaching consequences for Asean economies, including Malaysia.
HOUSTON, April 8 — Oil prices ticked higher on Tuesday but remained near four-year lows as recession fears exacerbated by trade conflict between the United States (US) and China, the world's two biggest economies, offset a recovery in equity markets.
WASHINGTON, March 27 — United States President Donald Trump said on Wednesday he would be willing to reduce tariffs on China to get a deal done with TikTok’s Chinese parent ByteDance to sell the short video app used by 170 million Americans.
BEIJING, March 23 — Chinese Premier Li Qiang urged countries to open up their markets to combat “rising instability and uncertainty” at a business forum in Beijing today, as China braces for further United States tariff headwinds.
BEIJING/CHICAGO, March 18 — Beijing has renewed registrations that allow hundreds of US pork and poultry facilities to export to China, industry groups said yesterday, after lapses threatened shipments to the world’s largest meat importer.
BEIJING, March 4 — China’s Commerce Ministry today vowed to retaliate against fresh United States import tariffs set to take effect later in the day, reiterating its stance that the Trump administration was trying to “shift the blame” and “bully” Beijing over fentanyl flows.
WASHINGTON, Dec 18 — A bipartisan group of United States lawmakers yesterday proposed three bills aimed at cracking down China’s role in the US fentanyl crisis, with measures that would set up a US task force to disrupt narcotics trafficking and pave the way for sanctions on China entities.
BEIJING, Dec 3 — China has banned exports to the United States of items related to the minerals gallium, germanium and antimony that have potential military applications, it said today, a day after Washington’s latest crackdown on China’s chip sector.
BEIJING, Nov 29 — China attacked United States president-elect Donald Trump’s pledge to slap additional tariffs on Chinese goods over fentanyl flows, saying his incoming administration was pushing the blame for America’s opioid crisis onto China.
WASHINGTON, Nov 26 — Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said yesterday, after US president-elect Donald Trump threatened to slap an additional 10 per cent tariff on all Chinese imports when he takes office on January 20.
WASHINGTON, Nov 26 — United States president-elect Donald Trump yesterday pledged a 25 per cent tariff on all products from Mexico and Canada from his first day in office, and an additional 10 per cent tariff on goods from China, citing illegal immigration and the trade of illicit drugs.
BENGALURU/BEIJING, Nov 20 — The United States could impose nearly 40 per cent tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world’s second-biggest economy by up to one percentage point.
CEBU, Nov 19 — The International Monetary Fund (IMF) warned today that “tit-for-tat” tariffs could undermine Asia’s economic prospects, raise costs and disrupt supply chains even as it expects the region to remain a key engine of growth for the global economy.
KUALA LUMPUR, Nov 18 — The leadership change in the United States is set to affect the global trade landscape, particularly in trade relations between the United States and China.
KUALA LUMPUR, Nov 2 — Growth for countries in Asean is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said yesterday.
WASHINGTON, Oct 2 — The United States' (US) Commerce Department announced anti-subsidy countervailing duties on solar cells on Tuesday, which are imported by companies in Vietnam, Cambodia, Malaysia, and Thailand that were lower than some expected for several major Chinese producers.
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