trade wars News

China's Commerce Minister Warns: Trade Wars Damage Global Economy, Advocates for Dialogue

Chinese Commerce Minister Wang Wentao advocates against trade wars, promoting dialogue with the US to resolve disputes. Meeting with Ray Dalio, discussions emphasized global econom...

China's Commerce Minister Warns: Trade Wars Damage Global Economy, Calls for US Dialogue

Chinese Commerce Minister Wang Wentao emphasizes the negative impacts of trade wars, advocating for constructive dialogue between China and the US. During a meeting with Ray Dalio,...

China's Commerce Minister Warns: Trade Wars Harm Both Sides, Urges US Dialogue

Chinese Commerce Minister Wang Wentao emphasizes the detrimental effects of trade wars, advocating for US-China dialogue to resolve economic disputes, amid upcoming US tariff annou...

Wall Street Reacts: Premarket Losses Follow Trump's Surprise 25% Tariff on Car Imports

Wall Street faces premarket losses after President Trump announces a 25% tariff on car imports, sparking market uncertainty and warnings to Canada and the EU over potential larger ...

Wall Street Tumbles: Dow Dives Over 1,000 Points Amid Tariff Fears and Recession Warnings

US markets closed sharply lower with the Dow Jones plunging over 1,000 points amid fears of tariff policies leading to a recession. Treasury Secretary warns of medium-term economic...

Trump Announces Reciprocal Tariffs Set for April 2: A New Era in Trade Wars?

President Donald Trump announces reciprocal tariffs effective April 2, aiming to protect U.S. industries. This move has raised concerns about potential price hikes and disruptions ...

Economic Gloom Deepens: 97% of South Korean Firms Brace for Crisis Amid Global Turmoil

Facing trade wars, inflation, and political instability, 97% of South Korean firms predict an economic crisis this year, reminiscent of the 1997 financial debacle. The economic pol...

Global Trade Tensions Escalate as Trump Imposes Heavy Tariffs on Canada, Mexico, and China

President Trump's imposition of steep tariffs on Canada, Mexico, and China has triggered immediate retaliation and threatens to disrupt $2.2 trillion in annual U.S. trade. This mov...

US Auto Stocks Tumble as Trump's Tariffs Spark Fears of Escalating Trade Wars

US auto stocks, including Tesla, General Motors, and Ford, experienced significant drops following President Trump's imposition of tariffs on imports from Mexico, Canada, and China...

ECB's Knot Warns: US Tariffs to Spark Inflation, Higher Interest Rates

ECB's Klaas Knot warns that US tariffs could lead to inflation, higher interest rates, and a weaker euro, emphasizing the harmful effects of trade wars and potential economic spill...

ECB's Knot Alerts: US Tariffs to Spark Inflation and Interest Rate Hikes

ECB official Klaas Knot warns that US tariffs under President Trump will lead to inflation and higher interest rates in the US, potentially weakening the euro. Knot emphasizes the ...

Gold Prices Rise Amidst Global Economic Uncertainty

Gold prices have seen a modest increase, with the price of a gold ring rising by 0.24% to VND84.4 million per tael. Globally, gold prices have been fluctuating within a narrow rang...