US Tariffs Boomerang as American Consumers Brace for Rising Costs
The US’s latest tariff policies are set to backfire, leading to rising consumer costs and escalating inflation, which could undermine economic growth.
News & Insights Across Asia
The US’s latest tariff policies are set to backfire, leading to rising consumer costs and escalating inflation, which could undermine economic growth.
Thai Prime Minister Paetongtarn Shinawatra will visit China from February 5 to 8 at the invitation of Chinese Premier Li Qiang, signaling a strengthening of bilateral ties.
China’s film industry shattered records during the 2025 Spring Festival, achieving a box office revenue of 7 billion yuan, surpassing all previous milestones and solidifying China’s global cinema leadership.
U.S. stocks closed lower on Monday as investors reacted to the Trump administration’s planned tariffs on Canada, Mexico, and China, fueling uncertainty in the markets.
Iran and Iraq have pledged to strengthen their bilateral cooperation to enhance security and stability in the West Asia region, following a meeting between their parliamentary leaders in Tehran.
China’s PLA asserts that its naval fleet’s passage through the Basilan Strait was lawful and routine, responding to Philippine criticism.
Chris Wright, CEO of Liberty Energy since 2011, has been confirmed by the U.S. Senate as President Donald Trump’s new energy secretary, signaling potential shifts in U.S. energy policy and global markets.
President Trump announced a 30-day pause on tariffs imposed on Canada and Mexico, opening the door for negotiations to address trade and security concerns among the North American neighbors.
A 30-day pause on tariffs between the U.S., Canada, and Mexico opens the door for negotiations to resolve trade disputes and enhance border security.
President Trump pauses tariffs on Canada as PM Trudeau pledges to strengthen border security and combat fentanyl trafficking, aiming for a new economic agreement within 30 days.
President Donald Trump advances his vision to make the U.S. the crypto capital by signing an executive order promoting cryptocurrency, marking a potential turning point for alternative currencies worldwide.
Canada reacts with concern to new tariffs imposed by the U.S., as both countries face escalating trade tensions that threaten their long-standing economic partnership.
Thousands of migrants hoping to seek asylum in the United States are now stranded in Mexico as U.S. deportation efforts intensify, leaving them in limbo and facing an uncertain future.
The World Economic Forum is expanding its impact beyond Davos by launching the Global Collaboration Village, a virtual world leveraging AR and VR to foster global dialogue and collaboration.
“China’s Wonders,” an 8K documentary co-produced by CMG and The Explorers, has debuted in France, showcasing China’s landmarks in unprecedented visual clarity.
Residents of Dingri County in Xizang celebrated Chinese New Year with traditional gutu soup and heartfelt family gatherings, finding hope and unity through cultural traditions.
The Palestinian presidency accuses Israel of ethnic cleansing in the West Bank as military operations intensify, leading to significant casualties and mass displacement.
Sansha City at the southernmost tip of the Chinese mainland embraced the Spring Festival with vibrant family gatherings, showcasing traditional dishes and bringing together people from all over China.
U.S. President Donald Trump’s imposition of tariffs on Mexico, Canada, and China has drawn global criticism. Nations worldwide, including South Korea, the EU, Mexico, Canada, and China, express concern over rising trade tensions.
Global officials and economists warn that US President Donald Trump’s new tariffs on major trade partners like Canada, Mexico, and China could increase living costs in the US and strain international trade relations.