The trillion-dollar shock: What tariff? How Xi Jinping beat Trump in trade war – The Times of India

The trillion-dollar shock: What tariff? How Xi Jinping beat Trump in trade war – The Times of India

President Trump’s trade war strategy – featuring sweeping tariffs – has not curtailed China’s export machine. (AI image) Driving the news:Despite nearly a decade of US tariffs under President Donald Trump, China’s trade surplus has exploded, hitting $1.08 trillion through November – the highest ever recorded globally and a level China didn’t reach until year-end…

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Asian stocks today: Markets trade in green after US-China fears ease; Nikkei gains over 1300 points; HSI up by 2% – The Times of India

Asian stocks today: Markets trade in green after US-China fears ease; Nikkei gains over 1300 points; HSI up by 2% – The Times of India

Asian markets rose on Monday, boosted by Japan’s Nikkei, as the country moves closer to naming its first female prime minister. Investors are also watching US inflation data due this week, expected to have only a minor impact on plans for further rate cuts. Nikkei rallied 1383 points, up 2.9% to reach 48,965. Hong Kong’s…

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‘Unilateral bullying’: China slams Trump call for tariffs on countries importing Russian oil; warns of countermeasures – The Times of India

‘Unilateral bullying’: China slams Trump call for tariffs on countries importing Russian oil; warns of countermeasures – The Times of India

US President Donald Trump urged NATO nations to implement substantial tariffs ranging from 50 to 100 per cent on China. (AI image) China has reacted strongly to the Donald Trump administration’s call to G7 and NATO to impose tariffs on countries that import Russian crude oil. The world’s second largest economy has called US statements…

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