A study by The Budget Lab at Yale found that in the short term, tariffs raised consumer prices by 2.3 percent, effectively reducing each household's purchasing power by about 3,800 dollars a year.

BEIJING, July 3 (Xinhua) -- China firmly opposes any country making trade deals at the expense of Chinese interests, a spokesperson for the Ministry of Commerce said on Thursday.

BEIJING, July 3 (Xinhua) -- More than 1,200 guests from 86 countries and regions have gathered in Beijing to exchange views on maintaining global peace and addressing conflicts at the ongoing 13th ...

BEIJING, July 3 (Xinhua) -- The Ministry of Water Resources on Thursday activated a Level-IV emergency response to flooding in northwest China's Qinghai Province amid a new round of heavy rainfall.

OSLO, July 3 (Xinhua) -- Closer green cooperation between China and Europe is crucial for tackling global climate challenges and driving economic recovery, Norwegian business leaders and analysts have ...

TOKYO, July 3 (Xinhua) -- An earthquake with a preliminary magnitude of 5.5 struck Akusekijima in Toshima village of Japan's Kagoshima prefecture on Thursday, the country's weather agency said. The ...

Tunisian President Kais Saied (R) meets with visiting Omani Foreign Minister Sayyid Badr bin Hamad bin Hamood Albusaidi in ...

MADRID, July 2 (Xinhua) -- Liverpool's Portuguese international forward Diogo Jota and his brother Andre died in the early hours of Thursday morning in a car accident close to the city of Zamora ...

JAKARTA, July 3 (Xinhua) -- The Indonesian government plans to simplify bureaucracy and regulations to reduce logistics costs and enhance competitiveness of its products in international markets, ...

BEIJING, July 3 (Xinhua) -- The following is the full text of Xi Jinping's congratulatory letter to a session of the All-China Youth Federation and a congress of the All-China Students' Federation.

The Nasdaq Composite in the U.S. hit a record high, fueled by expectations of interest rate cuts and strong buying in tech giants like Nvidia. The trend carried over to Tokyo, where heavyweight ...