A series of tit-for-tat moves this week by the two superpowers has thrust trade hostilities back in the global spotlight, roiling markets and raising alarms of what might come next.
Trade tensions between China and the US have resurfaced with tit-for-tat moves, including new tariffs and export limits on rare earth minerals. These actions have roiled global markets, raising concerns about further escalation. Experts suggest these moves could be either a genuine breakdown in talks or a negotiating tactic ahead of planned discussions.
China has imposed new export controls on critical materials. President Trump responded with threats of massive tariff increases on Chinese goods. This sudden escalation has sent major US stock markets into a sharp decline. The actions come just weeks before a planned meeting between Trump and Chinese President Xi Jinping. The situation highlights the risks of Trump's bilateral negotiation style.
Federal immigration officials targeted a parking lot near OHare International Airport where rideshare drivers wait between trips on Friday. 18 people were arrested.
India's economy shows strong resilience amid global uncertainty. Robust domestic demand and sound policies are driving significant growth. India is set to contribute a substantial portion to global GDP expansion. The nation is actively pursuing fair trade agreements, securing its interests. Structural reforms and strategic positioning underpin this economic strength, navigating a changing world order.
India's economy shows strong resilience amid global uncertainty. Robust domestic demand and sound policies are driving significant growth. India is set to contribute a substantial portion to global GDP expansion. The nation is actively pursuing fair trade agreements, securing its interests. Structural reforms and strategic positioning underpin this economic strength, navigating a changing world order.
