tariff increase News

Bessent Warns China Against Currency Devaluation Amid Escalating Trade Tensions

US Treasury Secretary Scott Bessent warns China against devaluing its currency amid trade tensions, urging diplomatic talks and action on fentanyl exports.

Bessent Warns China Against Currency Devaluation Amid Escalating Trade Tensions

US Treasury Secretary Scott Bessent reacts to China's tariff increases, warning against currency devaluation and urging for diplomatic solutions to trade disputes, while also addre...

Taiwan Challenges US Over 'Unjustifiable' 32% Tariff Hike, Plans Formal Protest

Taiwan opposes the US's 32% tariff increase on its imports, calling it unreasonable and planning a formal complaint. The move is criticized for distorting trade relations and lacki...