China, Australia talk free trade, more dialogue
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China exports pick up
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Since US President Donald Trump – just days into his second term – began imposing tariffs on China for its role in the flow of deadly opioids like fentanyl into the United States, Beijing’s message has been clear.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.
Prime Minister Anthony Albanese is trying to deepen ties with China, his country’s biggest trading partner, while being under pressure from the United States.
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India and China must resolve friction along their border, pull back troops and avoid "restrictive trade measures" to normalise their relationship, India's foreign minister told his Chinese counterpart in Beijing on Monday.
In a sign of improving U.S.-China trade relations, Boeing (NYSE:BA) delivered three 737-8 Max aircraft to Chinese carriers on Sunday, a rare same-day event that highlights a thaw in geopolitical friction.
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But in recent weeks, some cities have started to cut back on the subsidies.
China has reported its exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers.