US Postal Service has stopped receiving parcels from China and Hong Kong while it rejigs operations after President Trump closed the de minimis loophole
The lifting of the de minimis loophole will hurt the Chinese and US e-commerce firms but won't kill them, an analyst said
"These moves are warnings that China intends to harm US interests if need be, but still give China the option to back down," one analyst said
Carmakers of both EVs and Japanese firms like Toyota have had to offer big discounts as they are locked in a bruising price war, while the economy is sluggish
The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion
Two Asian giants have agreed to resume direct flights and a range of other measures as ties finally warm after their deadly border clash
At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates
The carmaker, which already has a factory in Thailand, aims to complete a $1 billion plant on Java, Indonesia's main island, by the end of this year, producing EVs for local sale and export
Trump noted on his first day in office the de minimis law, which allows over a billion products to be mailed to the US every year, is unlikely to survive for long
Trump has ordered US agencies to review US trade deficits, unfair trade practices and currency manipulation; fentanyl is also a hot topic.
Before we head into Donald Trump’s first full day in office on Tuesday, here’s a look at what his first day back as president meant for technology, climate and markets
Currency traders and stock markets have been rocked by Trump's return to the White House, which has brought joy and disappointment. Investors are still trying to envision how things will play out