China vows to act after US calls for tariffs on steel products
China slammed a US plan to impose new restrictions on its steel and aluminum products, saying it will take action to protect the country’s interests.
S&P 500 suffers its longest slide since January: Markets Wrap
The stock market saw its longest losing streak since January as a handful of big techs sold off — despite a slide in bond yields.
Yellen fully expects fresh sanctions on Iran in coming days
US Treasury Secretary Janet Yellen warned that the US will strengthen its sanctions on Iran within days after the nation’s recent attack on Israel.
Biden seeks higher tariffs on Chinese steel, aluminum to support US firms
President Joe Biden is calling for higher tariffs on Chinese steel and aluminum, part of a series of steps to shore up the American steel…
Cook says Apple considers making gadgets in Indonesia in pivot from China
Apple Inc. is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold…
Xi rebuffs Scholz pressure to rein in Chinese manufacturing
Chinese leader Xi Jinping told the German chancellor that a surge in clean-technology exports from the Asian nation has helped the world tackle inflation, pushing…
Swiss Parliament rejects joining Russia sanctions task force
Switzerland’s parliament rejected a proposal for the government to join a US-led sanctions task force against Russia, saying cooperation with the body as an independent…
China’s exports to Russia slump amid US threat of war sanctions
China’s exports to Russia slumped in March, the first year-on-year decline since mid-2022, amid growing US threats of reprisal against Beijing if goods aid Moscow’s…
World’s number 2 citrus exporter challenges EU on restrictions
South Africa has taken a preliminary step toward filing a complaint with the World Trade Organization against the European Union over its treatment of citrus…
Japan’s exports get boost from China aided by yen tailwind
Japan’s exports grew for a fourth consecutive month as the weak yen provided a tailwind and demand in China picked up, giving the economy a…
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