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Costco pushes for price cuts from Chinese suppliers amid US tariffs - FT
The Trump administration imposed an extra 10% tariff on Chinese goods in February 2024, which was later increased to 20% this month. This has led US companies, including Costco, which heavily relies ...
Costco is pressuring suppliers in mainland China to cut prices, FT reports
Costco Wholesale is pressuring suppliers in mainland China to cut prices in response to U.S. tariffs, The Financial Times reported on Tuesday, citing two suppliers.
China’s Onshore Markets See Record Inflows Despite Trade Angst
Foreign investments into China’s onshore markets rose to a record high in February as DeepSeek’s technology breakthrough and ...
ASX seesaws as CBA falls; gold hits fresh record
ASX shudders; environment watchdog blocks Contact wind project; spot gold tops $US3000; Woolworths upgraded; New Hope rallies ...
ASX lifts, Goodman up 1pc; Macquarie upbeat on Woolworths
ASX higher; $A tops US64¢, retreats; Endeavour downgraded; New Hope lifts dividend, unveils buyback; Macquarie upgrades ...
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U.S. wants Chinese consumers to spend more and shrink the trade gap. That won’t be easy.
The U.S. buys far more from China than the other way around. But rebalancing trade between the two nations is easier said ...
China vows to ‘vigorously boost consumption’ to revive weak economy
China has unveiled a 30-point plan to boost consumer spending — a task that has become ever more urgent since President Donald Trump ignited a trade war.
OECD Report: Trump’s Trade War Will Slow U.S. Economic Growth, Increase Inflation
The Organisation for Economic Co-operation and Development (OECD) updated its economic growth outlook due to the ongoing ...
China retail sales pick up as Beijing turns to consumers to ease US trade pressure
China's retail sales growth quickened in January-February in a welcome sign for policymakers' efforts to boost domestic ...