US dollar makes modest weekly gain after soft inflation data

US dollar makes modest weekly gain after soft inflation data

The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index rose 0.3% last month and 3.0% in the 12 months through September. Economists … Read more

Trump downplays Taiwan risk in China talks, expects fair trade deal

Trump downplays Taiwan risk in China talks, expects fair trade deal

U.S. President Donald Trump said on Monday he expects to reach a fair trade deal with Chinese President Xi Jinping and downplayed risks of a clash over the issue of Taiwan, even as his top trade negotiator accused Beijing of engaging in “economic coercion.” Trump suggested to reporters that China had no designs on invading … Read more

China accuses US of undermining WTO with tariffs, sanctions

China accuses US of undermining WTO with tariffs, sanctions

The United States has been undermining the rules-based multilateral trading system since the new administration took office in 2025, China’s Ministry of Commerce said on Friday, citing repeated use of discriminatory policies, reciprocal tariffs, and unilateral sanctions that contravene WTO commitments. In a 2025 assessment, the ministry said it will intensify action at the WTO, … Read more

China holds the upper hand in trade standoff with US: Shaun Rein

China holds the upper hand in trade standoff with US: Shaun Rein

A new war of words is unfolding between the United States and China as fresh tariffs and sanctions ignite concerns of a full-blown trade confrontation. In an exclusive conversation with ET Now, Shaun Rein, Managing Director of the China Market Research Group, offered a candid and critical view of U.S. policy under Donald Trump, arguing … Read more

Truce fizzles as US-China trade tensions return to full boil

Truce fizzles as US-China trade tensions return to full boil

For months, bubbling trade tensions between China and the US seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust trade hostilities back in … Read more

China hits back at US ships with additional port fees

China hits back at US ships with additional port fees

Vessels owned or operated by U.S. firms and individuals – or those built in the United States or that fly the U.S. flag – will be charged additional port fees per voyage starting on October 14, China’s transport ministry said. The fees are a counter-measure against upcoming U.S. port fees on Chinese ships, the ministry … Read more

Trump’s high tariffs on several countries to hold back US economic growth: Harvard economist Kenneth Rogoff

Trump’s high tariffs on several countries to hold back US economic growth: Harvard economist Kenneth Rogoff

Harvard University economist Kenneth Rogoff on Wednesday said the high tariffs on several countries, including India, and the steep H-1B visa fee hike imposed by the Trump administration will hold back the US economic growth. US President Donald Trump’s decision to increase the application fee for H-1B visas is expected to impact Indian nationals, who … Read more

Why America is set to lose its mercantilist game

Why America is set to lose its mercantilist game

Under Donald Trump, the world has taken a sharp turn back toward the 17th century doctrine of mercantilism — the notion that trade is a zero-sum game in which countries should be self-sufficient and focus on exporting far more than they import. It worked for Louis XIV and other early European empires, and the aim … Read more

How China is weathering the trade war with Trump

How China is weathering the trade war with Trump

The trade war this year between China and the United States started with a bang, a fast-and-furious escalation of tariffs to astronomical levels. In the ensuing months, both countries showed a willingness to pull back and not shut down trade between the world’s largest economies. But they have made little discernible progress in resolving their … Read more

Stock futures rise as Trump, EU reach tariff deal

Stock futures rise as Trump, EU reach tariff deal

Stock-index futures climbed after the European Union struck a deal with President Donald Trump that will see the bloc face 15% tariffs on most exports, averting a potentially damaging trade war. S&P 500 contracts rose 0.4% and those for European stocks jumped 1%. The euro was slightly stronger against the dollar after the US-EU deal. … Read more