South Korea announced this week an increase in its support package for the country’s vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won package ...

The US took steps to impose levies on Chinese ships that dock at US ports, escalating the trade war between the world's two ...

The trade war between two world powers – China and the US – isn’t just about money; it’s about power and who calls the major ...

Since January 20, US President Trump has rolled out a wave of tariffs. Most countries now face a 10 per cent duty up to July ...

That's the sum of an initial 34% reciprocal tariff rate plus additional duty hikes tariff in response to China's pledged retaliation, and a separate 20% tariff on all Chinese products. China has ...