China Considers Tariff Exemptions on Select U.S. Goods

By BPN News Desk April 25, 2025

International

In a bid to manage rising costs and economic pressures, China is considering exempting a range of U.S. goods from its steep retaliatory tariffs of up to 125%. This reassessment comes amid escalating trade tensions with the United States and growing domestic concerns over inflation, supply chain

International

Trump Joins Japan Tariff Talks Amid Global Trade Tensions

By BPN News Desk April 17, 2025

President Donald Trump has personally entered the ongoing tariff negotiations with Japan, signaling the strategic importance the U.S. places on redefining trade partnerships amid a climate of rising global economic tensions. Flanked by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, Trump participated directly in talks held in Washington, with both

Government Policies National

Government Warns Exporters Against Diverting Third-Country Goods to U.S. Amid Intensifying Trade War

By BPN News Desk April 10, 2025

Amid rising global trade tensions and steep U.S. tariff hikes on Chinese goods, the Indian government has issued a clear warning to exporters not to reroute third-country goods through India to the United States. The move comes amid growing concerns that such diversions could draw negative scrutiny from the U.S. administration and undermine India’s standing […]

International

China Rejects U.S. Tariff Threats, Vows Firm Retaliation

By BPN News Desk April 8, 2025

In a significant escalation of trade tensions, China has strongly condemned U.S. President Donald Trump’s threat to impose an additional 50% tariff on Chinese imports, labeling the move as “a mistake on top of a mistake” and a form of “unilateral bullying.” The Chinese government has vowed to “fight to the end” and implement

International

Donald Trump Defends Sweeping Tariffs Amid Global Economic Concerns

By BPN News Desk April 7, 2025

Former U.S. President Donald Trump has firmly defended his administration’s aggressive tariff policy, calling the sweeping import duties a “beautiful thing,” even as global markets reel and recession fears intensify. His comments come in the wake of widespread criticism and economic uncertainty triggered by the escalating trade war. Speaking to reporters aboard

International

President Trump Urges Americans to ‘Hang Tough’ Amid New Tariffs

By BPN News Desk April 6, 2025

President Donald Trump has asked Americans to remain resilient as sweeping new tariffs take effect under his administration’s trade overhaul. Framing the move as part of an “economic revolution,” Trump insisted that the temporary discomfort caused by these measures would ultimately benefit the nation by restoring manufacturing strength and correcting trade imbalances. On

Trade

China Imposes Retaliatory Tariffs on Canadian Agricultural Products

By BPN News Desk March 9, 2025

In response to Canada's tariffs on Chinese goods, China announces new tariffs on Canadian agricultural products, including rapeseed oil and pork, effective March 20, 2025.

Trade

China’s Exports Hit Record $540 Billion Amid Rush to Beat U.S. Tariffs

By BPN News Desk March 7, 2025

In December 2024, China's exports surged to a record $540 billion as manufacturers accelerated shipments to avoid impending U.S. tariffs proposed by President Donald Trump.

International

Trump Accuses Trudeau of Using Tariff Dispute for Political Gain Amid Escalating Trade Tensions

By BPN News Desk March 6, 2025

President Trump alleges that Prime Minister Trudeau is leveraging the U.S.-Canada tariff dispute to maintain political power, following a phone call addressing trade and fentanyl smuggling issues.