The fresh China tariffs, in addition to the 10% tariff levied on February 4, coincide with the start of China's annual parliamentary meetings on Wednesday

Artificial intelligence will play a critical role in shaping China’s fortunes as a great power. Yet Beijing’s attempt to translate wins by today’s innovators like DeepSeek and others into wider gains for the $18 trillion economy will be challenged not just by the United States but also by the Chinese Communist Party’s own desire to maintain control.

After steel and aluminium, US President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals.

The World Trade Organization’s entire mission is overseeing global trade, but US President Donald Trump’s tariff offensive has left it adrift.

Gold prices rose to a record high on Thursday as investors turned to bullion for safety on fears US President Donald Trump’s tariff plans would stoke inflation and a global trade war.

India may get more than it bargained for when it comes to Elon Musk. The Tesla boss’ role in the White House might make it easier for him to set the terms of his entry into the world’s third-largest car market. But President Donald Trump’s aim of cutting the US trade deficit will leave India less leverage to wrangle coveted factory jobs it wants from Musk.

Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.

Stock markets diverged and the dollar dipped on Friday as traders tracked US President Donald Trump’s latest tariff announcement, economic data and earnings.

The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a “megaquake” warning nearly doubled prices over a year.

Gold prices fell over 1 percent on Friday due to profit-taking, although they remained poised for their seventh straight weekly rise, driven by fears of a global trade war in the wake of US President Donald Trump’s push for reciprocal tariffs.

President Luiz Inacio Lula da Silva said on Friday that Brazil would react to US President Donald Trump’s decision to issue tariffs on steel imports, suggesting his government could file a complaint at the World Trade Organization, or tax US products.

What are the details of his plan and what consequences could they bring?

Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump’s economic policy.

India’s Consumer Price Index (CPI) based retail inflation eased to 4.6 percent in January from 5.22 percent in December.This marks a decline of 91 basis points in headline inflation compared to the previous month, making it the lowest year-on-year inflation since August 2024.

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks announced in December, ending a tie-up that would have created the world’s third-largest automaker.

Gold gained on Thursday as markets closely tracked developments in US President Donald Trump’s tariff plans, which could further escalate a global trade war, while investors awaited crucial US data due later in the day.

Trump was elected on promises to lower prices for inflation-weary consumers

Trump stunned markets with his decision on Monday to impose tariffs on all steel and aluminum imports beginning March 12

Trump's fresh salvo could bring a broad tariff hike to emerging market economies like India and take aim at European Union

Trump sees tariffs as a way to raise revenue, remedy trade imbalances and pressure countries to act on US concerns