US-China trade war

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US-China trade war

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Business

Web Desk Karachi
6 Hours ago

Shein raises US prices by up to 337pc as e-commerce giants face price pressure

Most of the hikes in US prices came on Friday, with markups significantly higher in some categories than others. The average price for the top 100 products in the beauty and health category increased by 51 percent from Thursday, with several of the items more than doubling in price.

Business

Web Desk Karachi
7 Hours ago

As tariffs climb, US retail faces ‘de-facto embargo’ from China

Giant retailers such as Walmart Inc. and Target Corp. told Trump in a meeting last week that shoppers are likely to see empty shelves and higher prices.

Business

AFP
7 Hours ago

China says on ‘right side of history’ in trade standoff with US

Since returning to the presidency in January, US President Donald Trump has imposed 10 percent tariffs on most US trading partners and a separate 145 percent levy on many products from China.

Business

Reuters
Apr 23, 2025

Wall St rallies as worries about tariff war, Powell tenure subside

The prospect of negotiations between Washington and Beijing helped lift sentiment after a Wall St cited a senior White House official as saying that tariffs on China were likely to come down

Business

AFP
Feb 26, 2025

Hong Kong to slash public spending, build AI institute

Officials are under pressure to balance the books as Hong Kong faces its toughest fiscal test in three decades, with annual deficits exceeding US$20 billion in three of the past four years.