China, Trump and tariff war
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Export-reliant Vietnam is hoping to get the duties reduced to a range of 22% to 28%, if not lower, according to three people with knowledge of the matter.
From Reuters
The tariffs come at a difficult time for China's sluggish economy: domestic consumption remains weak and exports are still a major driver of growth.
From BBC
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China hikes tariffs on U.S. goods
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The steep China tariffs could ripple through the U.S. economy: Many of the consumer electronics and much of the discounted clothing that Americans buy are shipped from China, and higher tariffs could...
From The New York Times
Oil prices fell for a fifth day on Wednesday to their lowest since February 2021 after U.S. President Donald Trump's "reciprocal" tariffs took effect, including a 104% duty on Chinese goods, intensify...
From Reuters
In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending glob...
From Reuters
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China, Japan and South Korea finance and central bank officials met and discussed the impact of U.S. tariffs on the global and regional macroeconomic situation, China's central bank said on Friday.
Xi Jinping is playing hardball. The Chinese president wants to show his people that the country can withstand the economic pain from President Donald Trump's tariffs and stand up to what Beijing is calling America's "bullying,
The stock market appeared poised for a reversal of the previous day’s blistering stock market rally as attention shifted to a potential U.S.-China trade war.
China's Commerce Minister Wang Wentao had discussions with his Saudi Arabian and South African counterparts to exchange views on responding to the United States' "reciprocal tariffs", the Chinese ministry said on Friday.
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Trump's tariffs are poised to raise prices on Amazon and devastate small businesses that source products from China, sellers told CNBC.
"Shark Tank" Investor Kevin O’Leary argued in favor of new tariffs against China, arguing the status quo has destroyed American businesses both large and small.
With the dust now settled on the euphoric market rebound following President Donald Trump's trade war climb-down, investors are realizing that the global economy still faces the most punishing U.S. tariffs in nearly 100 years.