Chinese leader Xi Jinping has said his nation is “not afraid,” in his first public comment on the escalating trade war with the United States that has tanked international markets and fueled fears of a global recession.“There are no winners in a trade war, and going against the world will only lead ...

US shares have rocketed after US President Donald Trump said he would suspend steep tariffs on goods from most countries, and instead impose a 10% import tax rate. The White House said it was backing off on higher levies for trade partners that had agreed to negotiate, although Trump said he wo...

China has pushed back once again to U.S. President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%.China’s Office of the Tariff Commission of the State Council said that tariffs on U.S. goods will rise to 84% from 34% starting on April 10, according to a translat...

(NPR) China said on Tuesday (8) that it will not back down in the face of President Trump's fresh threat to impose an additional 50% tariff on Chinese imports, as the trade war between the world's top two economies looked set to worsen.Trump said on Truth Social he would impose the new tariffs on Ch...

COLOMBO (News 1st); Sri Lanka's Central Bank Governor expressed confidence in the progress of the International Monetary Fund (IMF) program and the ongoing debt restructuring efforts.When asked about the upcoming IMF review, Dr. P. Nandala Weerasinghe highlighted the positive feedback received from ...