US Doubles Tariffs on Steel and Aluminum Imports, Raising Industry Concerns
The US is doubling tariffs on steel and aluminum imports to 50% by June 2025, raising concerns for key industries like automotive and construction.
Business
Business news and videos about economies, companies, markets and more. We provide exclusive interviews and in-depth business analysis to help you understand Chinese and global economic trends.
Read More
Global Backlash as U.S. Doubles Metal Tariffs to 50%
The U.S. decision to double tariffs on steel and aluminum imports to 50% has sparked a global backlash, with trading partners announcing potential countermeasures and experts warning of rising consumer costs.
Elon Musk and Conservative Senators Push Back on Trump’s Spending Bill
Elon Musk and conservative senators oppose President Trump’s spending bill, citing concerns over increasing national debt.
Formula E Electrifies Shanghai: Racing Toward the Future of Mobility
Formula E returned to Shanghai, electrifying fans with high-speed racing and showcasing cutting-edge electric vehicle technology that’s shaping the future of mobility.
Standard Chartered Supports Rising Chinese Investments in Indonesia
Standard Chartered Indonesia’s CEO discusses the bank’s role in supporting rising Chinese investments in Indonesia and the ASEAN region, signaling a boost in trade and finance partnerships.
China and Kazakhstan Forge Path to Shared Future at Tsinghua Global Finance Forum
At the 2025 Tsinghua Global Finance Forum, experts discuss how China and Kazakhstan are boosting cooperation for a shared future.
EU Poised to Counter US Tariffs Amid Trade Tensions
The European Commission warns of countermeasures after the US doubles steel import tariffs, escalating trade tensions between the EU and the US.
OECD Economist Warns: US Tariffs Hit Record Highs, Shaking Global Confidence
US tariffs have reached their highest levels since 1936, warns OECD Chief Economist Alvaro S. Pereira, leading to global economic uncertainty and declining confidence.
China Sets New Record with Over 78 Million Railway Trips During Dragon Boat Festival
China’s railways set a new holiday record with over 78 million passenger trips during the Dragon Boat Festival, marking a 3.5% increase from last year.
Trump’s Tariff Hike Upsets Allies Canada and EU
President Trump announces doubling of tariffs on steel and aluminum imports, sparking backlash from key allies Canada and the EU.