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China, Trump
China Responds to Trump's 'Big Power' Tariff Threat
In the run up to the election Trump, who described tariffs as "the most beautiful word in the dictionary," vowed hikes as high as 60 percent on Chinese goods, saying this would not only protect domestic industries but serve as critical tax revenue. Economists have pointed out such a move would raise costs for American consumers.
Trump's tariff card against China
Trump has announced plans for tariffs on China, Canada and Mexico since taking office, but many other countries worldwide are also bracing for similar measures. It was Trump's latest trade threat against China, the world's second-largest economy after the US, and Washington's biggest geopolitical rival, according to Al Jazeera TV channel.
Trump says he's considering a 10% tariff on China beginning as soon as Feb. 1
President Donald Trump said his team was talking about a 10% tariff on China. He said the duty could take effect as early as Feb. 1. During his campaign for president in 2024, Trump called for levies upward of 60% on China.
7h
on MSN
Domestic economic concerns outweigh tariff uncertainty for China: Strategist
Societe Generale's Asia equity strategist, Franz Benzimra, outlines China's domestic concerns that he believes will drive ...
12h
China's industrial profits fall 3.3% in 2024, third year in the red
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
13h
Japanese Yen and Aussie Dollar News: China PMIs in Focus Amid Trump’s Tariff Shifts
BoJ, Fed, and RBA policies dictate USD/JPY and AUD/USD paths. Global trade and China’s economy amplify forex market ...
3h
The Trump White House threatened tariffs on Colombia, then reversed course after striking a deal
The White House said on Sunday that it would hold off on the tariffs, saying Colombia had "agreed to all of President Trump's ...
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