The Canadian government is also considering an export tax on high-demand exports such as oil, uranium, and potash. On Thursday, Ontario Premier Doug Ford reiterated that his province could cut off electricity to the United States if President-elect Donald Trump imposes steep tariffs on Canadian goods. RELATED: Mexican President Sheinbaum Responds to Trump’s ‘Annexation’ Suggestion […]

Its agricultural exports could decline by as much as 25 percent, resulting in annual losses of up to US$6 billion. Economists have warned that U.S. President-elect Donald Trump’s proposed tariffs could trigger retaliatory measures, leading to significant losses for California’s agriculture industry. RELATED: Trump to Pardon MAGA Rioters Once in Office A recent analysis, published […]

Chinese authorities banned the export of metals such as gallium, germanium, antimony, and graphites. On Tuesday, China announced that it will ban the export of key metals to the United States with potential military applications in response to the latest restrictions imposed by Washington to curb the Asian giant’s ability to develop advanced microchips. RELATED: […]

This policy contradicts Washington’s claimed stance of not seeking to decouple from China. On Monday, the U.S. government placed 136 Chinese semiconductor-related firms on its export blacklist, effectively barring American companies from engaging in one of the world’s most promising markets. RELATED: The U.S. Uses Taiwan to Increase Military Deployments: China This action undermines established […]

The Washington-led campaign to restrict high-tech equipment exports, particularly to China, has disrupted ASML’s operations. Dutch semiconductor equipment maker ASML lost up to US$65 after its shares plummeted over 20 percent in just two days this week, primarily due to lower-than-expected 2025 sales and bookings. RELATED: China Files Complaint at WTO Over Canada’s Trade Protectionism […]

The imposition of US sanctions on Xinjiang companies amounts to political manipulation and economic intimidation. A resolution opposing a series of U.S. sanctions related to northwest China’s Xinjiang Uygur Autonomous Region and providing support for affected companies was unveiled and took effect on Monday. RELATED: Wang and Sullivan Hold New Round of China-US Strategic Communication […]

Western attempts to slow down the Chinese economy are wrong, the Russian president pointed out. On Wednesday, during a media event organized by on the sidelines of the 2024 St. Petersburg International Economic Forum (SPIEF), President Vladimir Putin said that the development of Russia-China relations is conducive to world stability. RELATED: St. Petersburg Receives Venezuelan […]

On Thursday, The New York Times published an opinion piece stating that the United States’ new protectionist stance in the international trade will only raise prices, limit consumer choices and risk growth. RELATED:  Chinese Military Drills Around Taiwan Are Legitimate: Wang The U.S. tariffs on Chinese electric vehicles and other products are mainly aimed at […]

German Chancellor Olaf Scholz and Swedish Prime Minister Ulf Kristersson have cautioned against tariffs on Chinese electric vehicles (EVs) following Washington’s announcement of hefty levies. RELATED:  High Tariffs on Chinese Electric Vehicles Hurt US Consumers Scholz and Kristersson expressed reservations about possible European tariffs on Chinese EVs when asked at a press conference whether they […]

Some Western media believe that the White House’s decision on Tuesday to increase the tariffs on Chinese electric vehicles (EVs) imports from some 25 percent to 100 percent will hurt U.S. climate goals, industrial competitiveness, and consumer interests. RELATED:  The US Aims Its Trade War Towards Chinese Electric Vehicles “U.S. consumers mostly haven’t realized how […]