Trade War

It was just over two weeks ago when the predominant sentiment in the cryptocurrency market was whether the bull run had ended prematurely, as BTC’s price had tumbled to a five-month low of under $75,000. Now, the asset is pushing above $95,000. A big portion of those gains came in…

4m China is on the frontline of the tariff war, but the reality of Donald Trump’s 10 per cent duty is sinking in for exporters here too. We’ve been to Sheffield to see how businesses there are figuring out how to balance their books. Read More

The United States and China remain in a standoff in their tariff war. Neither side appears willing to budge. After US President Donald Trump imposed massive 145% tariffs on Chinese imports in early April, China retaliated with its own tariffs of 125% on US goods. US Treasury Secretary Scott Bessent…

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Loblaw Cos. Ltd. says it's still working to stock its grocery store shelves with more Canadian products as shoppers look for local alternatives during the Canada-U.S. trade war, but the company's chief executive admits the shift may not last. "We recognize that Canadians care deeply about the region of the…

Exports to the US from Chinese online shops such as Temu and Shein have plunged in the face of Donald Trump’s trade war, as shipping from China to the EU has increased. Official Chinese data showed its total e-commerce shipping to the US dropped 65% by volume in the first…

Reuters FILE PHOTO: A worker walks past cars made by South Korea's automaker Kia Motors which is a sister company of South Korea’s biggest automaker company Hyundai Motors at the company's shipping yard at a port in Pyeongtaek, South Korea, April 2, 2025. REUTERS/Kim Hong-Ji/File Photo By Nick Carey LONDON…

Key topics Trump's trade war with China has escalated but is unlikely to succeed. The US is alienating allies and weakening its global influence under Trump. China holds strong trade leverage and can endure more economic pain. Sign up for your early morning brew of the BizNews Insider to keep…

Chinese factory activity contracted in April at its fastest pace since July 2023. Photo: STR / AFP Source: AFP Stocks started limply Wednesday as investors struggled to match Wall Street's rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly two years as Donald…

China's manufacturing activity shrank in April after growing at its highest rate in a year the previous month. Photo: STR / AFP Source: AFP China's manufacturing activity shrank in April after growing at its highest rate in a year the previous month, official data showed Wednesday, as Beijing fights an…