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Trump goads China after Beijing retaliates in global trade war
Trump goads China after Beijing retaliates in global trade war
by  AFP

President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich." "Let Donald Trump run the global economy.

US hiring beats expectations in March as tariff uncertainty brews
US hiring beats expectations in March as tariff uncertainty brews
by  AFP

Hiring in the United States was stronger than expected in March, government data showed Friday, even as uncertainty brewed over the wider effects of President Donald Trump's tariffs and other policies. The hiring number showed that the jobs market remained robust for now, and it was notably above the 130,000 figure that analysts expected, according to Briefing.com.

Automakers shift gears after Trump tariffs
Automakers shift gears after Trump tariffs
by  AFP

Automakers have already started to adapt to the 25-percent tariff imposed on car imports by US President Donald Trump, from pausing production to raising prices or halting certain models. - Canada-Mexican chaos - US automakers -- Ford, GM and Jeep-maker Stellantis -- have all called on Trump to ease the tariffs.

Where things stand in the US-China trade war
Where things stand in the US-China trade war
by  AFP

China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. - Trump's new tariffs slap 10 percent levies on imports from around the world.

Taiwan earmarks $2.7 bn to help industries hit by US tariffs
Taiwan earmarks $2.7 bn to help industries hit by US tariffs
by  AFP

Taiwan has earmarked $2.7 billion to help industries affected by US President Donald Trump's new tariffs, the government said Friday. Announcing the NT$88 billion ($2.7 billion) assistance package, Premier Cho Jung-tai said the plan was to "address various needs of industries and society in the future."

BP chairman to step down after energy strategy reset
BP chairman to step down after energy strategy reset
by  AFP

BP on Friday said chairman Helge Lund will step down after a major reset at the British energy giant that saw it recently shelve carbon-reduction targets to focus on fossil fuel output. BP in February launched a major pivot back to its more profitable oil and gas business, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.