The US has "dropped the ball" on chip manufacturing over the years, allowing China and other Asian hubs to steam ahead. So said Gina Raimondo, who at the time was the US Commerce Secretary, in an interview with me back in 2021.
Four years on, chips (...)
Less than a year into Donald Trump's first trade war with China, Chinese leader Xi Jinping made a high-profile visit to an unassuming factory in Ganzhou, an industrial city nestled among rolling hills in the country's southeast.
Touring its (...)
The Trump administration is looking at closing nearly 30 overseas embassies and consulates as it eyes significant changes to its diplomatic presence abroad, according to an internal State Department document obtained by CNN.
The document also (...)
Talks between Iran and the United States over Tehran's rapidly developing nuclear program seemed set to depart the Middle East on Monday, as diplomatic sources announced that the Italian government had given the go-ahead to hold the next round of (...)
OSAKA — Saudi Minister of Culture Prince Badr bin Abdullah, who is also chairman of the Steering Committee for Saudi Arabia's Participation in International Expos, inaugurated on Sunday the Kingdom's Pavilion at Expo 2025 Osaka. The Saudi pavilion, (...)
Japanese Prime Minister Shigeru Ishiba on Saturday expressed hope that Expo 2025 in Osaka will serve as a platform for global unity in a world increasingly fractured by war, trade disputes, and political division.
Speaking at the event's opening (...)
China will raise tariffs on all US goods to 125%, up from 84%, effective from Saturday.
The new tariff now matches the so-called "reciprocal" levy the US imposes on Chinese imports, although Beijing said it won't go any higher.
If we count tariffs (...)
Australia has swiftly turned down China's offer to "join hands" against Donald Trump's tariffs, as Washington escalates its trade war with Beijing.
The White House recently imposed an import tax of 10% on Australian goods, but for China — (...)
OSAKA — Saudi Ambassador to Japan and Commissioner General of the Kingdom's Pavilion at Expo 2025 Osaka Dr. Ghazi Binzagr visited the Saudi pavilion ahead of the official opening of the exhibition, scheduled for next Sunday, April 13.
Binzagr (...)
US President Donald Trump on Wednesday paused his controversial tariff plan for most nations for 90 days while significantly increasing tariffs on Chinese imports to 125%.
The abrupt shift comes amid a growing backlash from business leaders, allies, (...)
China has called for the world to unite against Trump's tariffs as the country's exporters reel from crippling new US levies that have risen to 104%.
"Global unity can triumph over trade tyranny," declared an editorial in the state-run newspaper (...)
China's finance ministry has announced an 84% tariff on goods imported from the US as it retaliates against new levies imposed by the White House.
The hike in tariffs, from 34%, came as US President Donald Trump's 104% tariff on Chinese goods came (...)
Donald Trump has threatened China with an extra 50% tariff on goods imported into the US if it does not withdraw its 34% counter-tariff, as global markets continue to fall.
Beijing retaliated on Sunday, following last week's decision by Trump to (...)
China declared it would "fight to the end" after US President Donald Trump threatened to impose an additional 50% in tariffs on all Chinese imports. The trade war between the world's two largest economies intensified, with both sides showing little (...)
Asian markets plunged on Monday, deepening a global stocks rout triggered by US President Donald Trump's trade war and China's forceful response to unexpectedly high tariffs.
Japan's benchmark Nikkei fell by more than 8% shortly after opening, while (...)
RIYADH — The Saudi stock market lost more than half a trillion riyals in market value during trading on Sunday amid the losses of other Gulf states following the outbreak of a trade war caused by imposition of tariffs by US and China's retaliatory (...)
Global stocks have sunk, a day after President Donald Trump announced sweeping new tariffs that are forecast to raise prices and weigh on growth in the US and abroad.
Stock markets in the Asia-Pacific region fell for a second day, hot on the heels (...)
Italy's Giorgia Meloni and Australia's Anthony Albanese are among the world leaders who have come out in criticism of US President Donald Trump, after he announced far-reaching import taxes on products from across the globe.
Meloni called a 20% (...)
US Defense Secretary Pete Hegseth on Saturday joined Japanese leaders at a memorial ceremony on Iwoto Island to commemorate the 80th anniversary of the Battle of Iwo Jima, a pivotal World War II clash between American and Japanese forces.
The (...)
RIYADH — Saudi Arabia's non-oil exports, including re-exports, recorded an increase of 10.7 percent in January 2025 compared to the same month last year. The increase in the non-oil exports, with the exclusion of re-exports, stood at 13.1 percent (...)
Canadian Prime Minister Mark Carney declared that the era of deep economic and military integration with the United States is over, following sweeping new tariffs announced by US President Donald Trump.
Speaking after a cabinet meeting in Ottawa on (...)
President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States, a significant escalation in a global trade war.
The tariffs, set to take effect on April 3 at 12:01 am ET, are aimed at expanding America's auto (...)
This is the gravest crisis for Western security since the end of World War Two, and a lasting one. As one expert puts it, "Trumpism will outlast his presidency". But which nations are equipped to step to the fore as the US stands back?
At 09.00 one (...)
A court in Japan has ordered the disbandment of the controversial Unification Church, which came under scrutiny after the shock killing of former prime minister Shinzo Abe in 2022.
The alleged assassin had confessed that he held a grievance against (...)
Saudi Arabia secured a valuable point in their push for 2026 FIFA World Cup qualification, holding off a dominant Japan side to earn a 0-0 draw at Saitama Stadium on Tuesday in Group C of the AFC Asian Qualifiers – Road to 26.
The result lifts Hervé (...)
