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.

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 ...

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.

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 ...