Australian PM

Australian PM: “Won’t retaliate against ‘unjustified’ US tariffs on steel and aluminum.”

In 2018, a former Australian government obtained an exception from the Trump administration on the grounds that BlueScope, an Australian steel company, employs thousands of people in the United States. Last month, US President Donald Trump announced that he was thinking about exempting Australia, a free trade partner that has had decades of negative trade…

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U.S. & China

China’s scathing response to Trump’s tariff increases: “We’re prepared to fight to the end if war is what the US wants.”

Previously imposed 10 percent taxes on Chinese imports were raised to 20 percent by US President Donald Trump on Tuesday. The Chinese embassy in the US responded sharply to the United States’ Tuesday 20 percent tax hike on Chinese imports by saying Beijing is prepared to “fight till the end” in any conflict the US…

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Xi Jinping

Xi is getting ready to reveal China’s stimulus package as the trade conflict intensifies.

The majority of economists questioned by Bloomberg predict that officials would set a bullish growth objective of about 5% during the parliamentary conclave, which will bring together thousands of delegates, including ministry chiefs and province leaders, in Beijing on Wednesday. With his economy finally regaining its momentum, President Xi Jinping enters China’s largest political summit…

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U.S. & China

China Attacks US Tech Companies Like Apple And Nvidia As The Trade Conflict Intensifies.

Nvidia is already under examination in one of its largest markets due to US export limitations on selling expensive chips to China. According to the Wall Street Journal, China is increasing its examination of US IT companies such as Nvidia, Apple, and Google, retaliating against US trade restrictions through antitrust investigations and regulatory delays. Some…

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