June 26, 2025
Trump threatens 25% tariff on non-US-made iPhones and says the proposed tariff on Apple would also apply to Samsung
Trade war halted $600 billion in bilateral trade, sparking stagflation fears
Investors do not expect a rapid, easy resolution on tariffs while markets recover ground after a sharp tariff-fuelled selloff
China is at the epicentre of Trump's global trade war that has roiled financial markets, upended supply chains and fuelled risks of a sharp worldwide economic downturn
Top US, China officials set for Switzerland talks as trade war drags on
"We have no fear," Vice Foreign Minister Hua Chunying, saying the Trump administration cannot sustain its trade policy
Consumption in Chinese economy has suffered amid sputtering growth and a prolonged property crisis, and the fallout from the US-China trade war is set to deepen the pain
A last-minute tariff exemption gives Apple breathing room, but risks still loom