As President Donald Trump’s tariff turmoil continues, it becomes increasingly clear that this unpredictability in the US will create economic stress for American businesses and residents. But as with other types of commercial turbulence, the people who will be hit the hardest are those with lower incomes. Trump’s tariff policyContinue Reading
American pop star Katy Perry is expected to perform in mainland China in November, years after she was denied a visa for wearing a controversial sunflower dress in Taiwan. Perry, 40, who made headlines earlier this month when she took a brief trip to space, is set to hold twoContinue Reading
While children are told stories about elves and reindeer, the truth is that hundreds of thousands of people work year-round to make sure Christmas feels magical. From factory employees in China stringing lights on artificial trees to dock workers unloading containers of toys, this vast labor force ensures Americans canContinue Reading
BEIJING: The Chinese coast guard has seized control of a disputed reef near a major Philippine military outpost in the South China Sea, according to Beijing’s state media, adding to longstanding territorial tensions with Manila. Beijing claims sovereignty over almost all of the South China Sea and has waved awayContinue Reading
TAIPEI: Taiwan’s envoy to the funeral of Pope Francis said he prayed for President Lai Ching-te to be able to attend the inauguration of the new pontiff, and that he had met Japan’s foreign minister, easing the island’s diplomatic isolation. The Vatican is one of only 12 countries to maintainContinue Reading
BEIJING: China’s foreign minister has hit out at the “extreme selfishness” of tariffs, hinting at the steep levies imposed on Beijing by US President Donald Trump. “Certain countries” resort to “pressure and coercion, and trigger unjustified trade wars … This extreme selfishness only harms their credibility”, top diplomat Wang YiContinue Reading
According to the Financial Times, which cites sources “familiar with the matter,” Apple plans to assemble in India all iPhones intended for the US by the end of 2026. The majority of Apple’s iPhones are currently made in China, but Chinese-made products have become a toxic asset for US import.Continue Reading
MIXED PROGRESS The picture appears mixed for other trading partners, with Trump unveiling – then halting – even steeper levies on many of them. A 90-day pause on these higher levels of “reciprocal tariffs” on dozens of countries is set to expire in early July. France’s Lombard told reporters thatContinue Reading
UNITED NATIONS, United States: China savaged US trade practices as “bullying” and “blackmail” on Wednesday (Apr 23) in a fiery United Nations speech, accusations rejected by Washington, which levelled its own criticism at rival Beijing’s policies. “Unilateralism is on the rise, and bullying practices run rampant … blatantly challenging the internationalContinue Reading
Zoë Schiffer: Can you talk to me about that relationship? And also, what is Tesla’s standing like in China? Is it viewed as a popular, cool car still? Zeyi Yang: It’s still sort of, because for the longest time, Chinese auto brands have been seen as inferior to foreign brands.Continue Reading
