U.S. Tariff Threats Rattle Global Markets as Trade Talks Stall
U.S. threatens tariffs on 14 countries, sparking global trade tensions and market volatility as negotiations face critical deadlines.
EconomicPolicy
China Unveils Plan to Boost Domestic Service Sector, Drive Rural Revitalization
China’s new plan aims to expand the domestic service sector, targeting rural revitalization and employment growth, with over 30 million professionals already in the industry.
Japan Stands Firm Against US Tariff Threats as Deadline Looms
Japanese PM Shigeru Ishiba vows not to compromise on US tariff demands as July 9 deadline approaches, highlighting economic stakes.
U.S. Passes Controversial ‘One Big Beautiful Bill’ Amid Debt Concerns
U.S. enacts divisive economic bill with global implications, sparking debates on wealth inequality and long-term debt risks.
China Waives EU Brandy Duties Under Price Agreements
China exempts 34 EU brandy producers from anti-dumping duties if price terms are met, fostering trade stability amid ongoing negotiations.
U.S. House Passes Trump’s $1 Trillion ‘One Big Beautiful Bill’
The U.S. House passes Trump’s $1 trillion ‘One Big Beautiful Bill,’ a major GOP victory with tax breaks and spending measures, set for July 4 signing.
US Senate Passes Controversial ‘One Big Beautiful Bill’ Amid Partisan Divide
US Senate passes Trump-backed ‘One Big Beautiful Bill’ with VP’s tie-breaker, sparking debates over tax cuts, spending reductions, and healthcare risks.
U.S. Senate Passes Tax and Spending Bill: Share Your Views
The U.S. Senate passed a comprehensive tax and spending bill. CGTN invites global audiences to share their views through a survey.
Trump-Musk Feud Escalates Over Subsidies and Spending Bill
Tensions rise as Trump threatens Tesla subsidies while Musk criticizes the “big, beautiful bill,” sparking debates over economic policy and EV mandates.
U.S. Senate Nears Crucial Vote on Trump’s $3 Trillion Spending Bill
U.S. senators debate Trump’s $3 trillion spending bill, facing divisions over tax cuts, military funding, and social program cuts ahead of midterms.
Canada Drops Digital Tax to Revive U.S. Trade Talks
Canada removes digital services tax to facilitate U.S. trade negotiations, aiming for a deal by July 2025 as leaders resume talks.
South Korea’s President Lee Unveils Key Cabinet Appointments
South Korean President Lee Jae-myung appoints six ministers and senior secretaries, shaping economic and social policies amid regional challenges.
China Boosts Flood Relief Funding for Guizhou with 200 Million Yuan Total
China doubles flood relief funding to 200 million yuan for Guizhou Province as torrential rains disrupt livelihoods and critical infrastructure in southwest China.
Czech Republic Aims to Boost Defense Spending to 5% of GDP: PM Fiala
Czech Prime Minister Petr Fiala announces plans to raise defense spending to 5% of GDP, pending NATO approval at this week’s summit amid rising security concerns.
U.S. Economic Targets on China Spark Debate Over Global Trade Realities
Analysts challenge U.S. claims linking China’s WTO entry to American job losses, highlighting automation and global economic shifts as key factors.
DPRK Convenes Key Party Meeting to Boost Economic Modernization
DPRK’s Workers’ Party holds key meeting to accelerate economic modernization, with leader Kim Jong Un presiding over policy reviews and future plans.
Vietnam Approves Major Provincial Merger to Streamline Governance
Vietnam’s National Assembly passes resolution to merge provinces, reducing administrative units from 63 to 34, aiming to cut costs and improve efficiency by 2026.
China’s Financial Strategy: Balancing Growth and Stability
China’s unique financial development model combines market innovation with socialist principles, offering lessons for global economic stability and growth.
China-U.S. London Talks: Navigating Economic Interdependence
China-U.S. economic talks in London highlight complex interdependence amid global supply chain challenges and growth uncertainties.
UK Economist Warns U.S. Tariff Shifts Threaten Global Markets
British economist John McLean warns U.S. tariff shifts are destabilizing global markets, urging pragmatic international cooperation to mitigate economic risks.