A deepening trade war could further weaken ties between the superpowers. The effects will reverberate everywhere.

The IMF said it had revised up both its 2024 and 2025 GDP targets by 0.4 percentage points but warned that growth in China would slow to 3.3% by 2029 due to an aging population and slower ...

In retaliation for Trump’s additional 50 per cent tariff on China, which pushed the total to a staggering 104 per cent, ...

With tariffs flying thick and fast, supply chains unravelling, and geopolitical tensions rising, India, like much of the ...

Global markets are facing their worst days since the pandemic, with Trump’s harsher-than-expected trade war stoking fears of ...

Higher tariffs on China, Canada, and Mexico may raise prices ... According to JETRO, The US would bear the brunt, with its GDP projected to drop 2.7%, the steepest decline among major economies.

Relations between Russia and China are indeed closer than at any point since the 1950s, but they are shaped more by pragmatism, economic necessity and shared opposition to Western influence than ...

Amid escalating trade tensions, China's Film Administration announced it would "moderately reduce" the import of US films. This decision follows increased tariffs imposed by both the US and China.

Here is the opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an ... tariffs on imports from China, substantial policy uncertainty ...

An additional US tariff of 50 per cent on China would reduce the country’s GDP growth by 0.9 percentage points, Goldman Sachs said in a note on Tuesday. “Continued tariff escalation between the US and ...

The United States ranked first with a nominal GDP of $27.4406 trillion, making up 25.9 percent of global GDP. China followed in second place with $17.7948 trillion, or 16.8 percent of the total.