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13May 2025

US-China Agree to Temporary Tariff Truce Deal

US-China Agree to Temporary Tariff Truce Deal Why in the News ? The US and China have agreed to a 90-day pause in their trade war following talks in Geneva, temporarily reducing tariffs and non-tariff barriers. This truce comes amid economic strain and growing fears of recession and stagflation. Background of the Tariff War: Trade …

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06May 2025

US-China Talks, Dollar Fall, Saudi Oil Push

US-China Talks, Dollar Fall, Saudi Oil Push Why in the News ? China has expressed willingness to negotiate with the US on high tariffs, the US dollar is declining, prompting Asian central banks to adjust reserves, and Saudi Arabia has announced a significant oil supply boost, reshaping global economic and energy dynamics. US-China Tariff Thaw …

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12Apr 2025

China Raises Tariffs, Escalates Trade War with US

Why in the News ? China increased tariffs on US goods from 84% to 125% in retaliation to the US hiking tariffs to 145%. Beijing accused the US of violating international trade norms and engaging in unilateral economic coercion, worsening global trade tensions. What Happened? China’s finance ministry has announced a sharp increase in tariffs …

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