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China warns UK against 'politicising' steel furnaces rescue
Scunthorpe, United Kingdom (AFP) April 14, 2025 Beijing on Monday warned against "politicising" the rescue of Chinese-owned British Steel, as the UK government raced to secure raw materials to keep the country's remaining steelmaking blast furnaces running. Prime Minister Keir Starmer's government has swooped in to prevent the closure of British Steel's main plant in Scunthorpe, northern England, after its owner, the Chinese group Jingye, halted orders of coking coal and iron ore. The Labour government, which stopped short of nationalising B ... read more |
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'Ghost town' fears haunt threatened UK steel communityScunthorpe, United Kingdom (AFP) April 15, 2025 "This is the best three weeks I've ever had," steelworker Kian Hopkins told AFP of his new job at a Scunthorpe plant, even though locals fear it may be closed turning their home into a "ghost town". ... more 
Iraqi markets a haven for pedlars escaping Iran's economic woesBasra, Iraq (AFP) April 12, 2025 Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a haven for Iranians grappling with economic sanctions. ... more 
China says 'not afraid to fight' trade war with USBeijing (AFP) April 16, 2025 China warned Wednesday it was "not afraid" to fight a trade war with the United States and reiterated calls for dialogue, after US President Donald Trump said it was up to Beijing to come to the negotiating table. ... more
China says appoints new trade envoy as tariff war bitesBeijing (AFP) April 16, 2025 China said Wednesday that it had appointed a new trade envoy, as the world's second-largest economy pushes back against US President Donald Trump's swingeing tariffs on imports that sent global markets tumbling. ... more |
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Chinese exports soared in March ahead of Trump's 'Liberation Day'Beijing (AFP) April 14, 2025 Chinese exports soared more than 12 percent last month, according to data Monday, beating expectations as businesses rushed to get ahead of swingeing tariffs imposed by US President Donald Trump on his so-called "Liberation Day". ... more 
China's economy likely grew 5.1% in Q1 on export surge: AFP pollBeijing (AFP) April 15, 2025 China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say. ... more
US Treasury chief says big deal to be done at some point; Xi warns protectionism leads nowhereBuenos Aires (AFP) April 14, 2025 Treasury Secretary Scott Bessent on Monday said there was no reason that the US and Chinese economies had to cleave apart, saying a deal could be done even as the two economic powerhouses trade tariff threats. ... more 
Xi warns protectionism 'leads nowhere' as starts SE Asia tourBeijing (AFP) April 14, 2025 Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam. ... more 
Trump warns no country 'off the hook' on tariffsWashington (AFP) April 14, 2025 US President Donald Trump warned Sunday that no country would be "getting off the hook" on tariffs, as his administration suggested exemptions seen as favoring China would be short-lived. ... more |
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China calls on US to 'completely cancel' reciprocal tariffs
Beijing (AFP) April 13, 2025 China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. "We urge the US to... take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect," a commerce ministry spokesperson said in a statement. The world's two largest economies have been engaged in a tit-for-tat tariff war since US P ... read more 
'Naive' to trust Chinese firm with British Steel, UK minister saysLondon (AFP) April 13, 2025 The UK was "naive" to allow its sensitive steel industry to fall into the hands of a Chinese company, Britain's business secretary said on Sunday after the government took control of British Steel. ... more |
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US exempts tech imports in tariff step backWashington (AFP) April 12, 2025 The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs - offering relief to US tech firms and partially dialling down a trade war with China. ... more 
UK government to take control of British Steel under emergency lawLondon (AFP) April 12, 2025 The UK government said it was taking control of Chinese-owned British Steel on Saturday after rushing an emergency law through parliament to avert the shutdown of the country's last factory that can make steel from scratch. ... more 
China tells WTO head US tariffs will 'inflict serious harm on developing countries': commerce ministryBeijing (AFP) April 12, 2025 China's Commerce Minister Wang Wentao told the head of the World Trade Organization that US tariffs will "inflict serious harm" on poor nations, according to a ministry statement released Saturday. ... more 
Chinese manufacturers in fighting spirits despite scrapped US ordersJinhua, China (AFP) April 12, 2025 On a sweltering spring day, workers at a Christmas tree factory in eastern China rhythmically assembled piles of branches, wiping away sweat as they daubed white-paint snow onto plastic pine needles. ... more 
China's Xi meets Spanish PM Sanchez in BeijingBeijing (AFP) April 11, 2025 Chinese President Xi Jinping met Spanish Prime Minister Pedro Sanchez on Friday, Beijing's state news agency Xinhua said. ... more |
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