Domestic news: 1. The United States threatens to impose 100% tariffs on China. Ministry of Commerce: Regarding the tariff war, China's position is consistent. It is unwilling to fight, but it is not afraid to fight. 2. The State Council Information Office held a press conference on the import and export situation in the first three quarters of 2025 at 10:00 am on the 13th. 3. Filed an investigation into Qualcomm. The General Administration of Market Supervision: The relevant facts are clear and ...
President Trump: Still considering tariffs on cars, chips, and pharmaceuticals.
On February 10th, US President Trump: We will announce a 25% tariff on all steel and aluminum entering the United States on Monday. A reciprocal tariff will be announced on Tuesday or Wednesday, which will take effect almost immediately.
Mr. Trump said last week that he would "absolutely" impose tariffs on the European Union. The European Union said it would "resolutely respond" if the United States imposed tariffs on the European Union, the latest sign of discontent with President Trump's trade policies, whose effects are spreading around the world. The use of tariffs is "harmful to all parties" and the European Union has expressed regret over Mr. Trump's decision to impose tariffs on Canada, Mexico and China.
On February 2, the spokesperson of the Ministry of Foreign Affairs answered a reporter's question on the US announcement of a 10% tariff on Chinese products imported to the US. The US side imposed a 10% tariff on Chinese products imported to the US on the grounds of the fentanyl issue. China is strongly dissatisfied with this and firmly opposes it. It will take necessary countermeasures to firmly safeguard its own legitimate rights and interests. The US side should view and handle its own fentan...
On February 1st, local time on January 31st, White House press secretary Carolyn Levitt said at a briefing that it was confirmed that a 25% tariff would be imposed on Mexican and Canadian goods from February 1st. On January 30th, local time, US President Trump said that he plans to fulfill his promise to impose a 25% tariff on imports from Mexico and Canada on February 1st.
Trump said he would impose tariffs on European Union goods.
According to Bloomberg, South Korea's National Assembly has approved the postponement of the crypto tax.
Trump announced that he will impose a 25% tariff on Mexican and Canadian goods. Analysts believe that this will have a major impact on the foreign exchange and crude oil markets, and investors should prepare in advance.
Goldman Sachs Group said Asian central banks would proceed cautiously with further easing given the strength of the dollar and the risk of tariffs imposed by the Trump administration. Goldman Sachs does not expect the Bank of Korea to cut interest rates further this week, according to Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs. Last week, Indonesian officials have warned that the room for lowering borrowing costs has narrowed due to political developments in the United States. ...