Trump's sharp tariff hikes could speed up China's shift to new markets, offshore factories
4 months, 1 week ago

Trump's sharp tariff hikes could speed up China's shift to new markets, offshore factories

New Indian Express  

CHINA: Visitors who bought fridge magnets at Times Square or other tourist hotspots around New York in recent years most likely were purchasing the work of Du Jing or one of her fellow exporters in a small Chinese city that supplies the U.S. and the world with tons of small commodities. Du and her husband run Yiwu Xianchuang Handicraft Manufacturing in the eastern city of Yiwu, home to the world's largest wholesale market. For years, the United States has been a major destination for Chinese goods, but exporters like those in Yiwu have been reducing their reliance on the world's largest consumer market as Beijing and Washington feud over trade. Those trends look to accelerate under President-elect Donald Trump, who has threatened to sharply raise tariffs on all Chinese imports and close some loopholes exporters currently use to sell their products more cheaply in the U.S.

History of this topic

China To EU & India: Key US Trade Partners Worst Hit By Trump’s ‘Liberation Day’ Tariffs
36 minutes ago
Trump’s Tariffs Could Reshape the US Tech Industry
55 years, 3 months ago
Trump's Liberation Day tariffs push levies on Chinese imports to US to 54%
9 hours, 53 minutes ago
Trump's new tariffs shake up markets, raise recession fears
10 hours, 7 minutes ago
Which countries are hit hardest? Your cheat sheet on Trump tariffs
10 hours, 7 minutes ago
Trump confirms 25% auto tariff; introduces 34% tariff on Chinese imports, 26% on India, and 20% on EU
13 hours, 19 minutes ago
Trump imposes sweeping Liberation Day reciprocal tariffs
13 hours, 46 minutes ago
Trump tariffs announcement live: 26% ‘discounted reciprocal tariff’ imposed on India, 34% on Chinese imports
Top News
22 hours, 20 minutes ago
Trump’s ‘Liberation Day’ tariff push sees firms rushing to West Asia with manufacturing units
1 day, 2 hours ago
Trump considers 20% tariffs on most imports, plans to raise $6 tn in revenue: Report
1 day, 4 hours ago
How Trump’s 'Liberation Day' tariffs could raise your grocery bill: THESE products will cost more
1 day, 6 hours ago
It's been a wild rollout of Trump's tariffs. Here's how we got here
1 day, 10 hours ago
World economies brace for Trump tariffs deadline
1 day, 19 hours ago
China ready to buy more Indian products, says Beijing’s envoy ahead of Trump tariffs
1 day, 20 hours ago
While world braces for reciprocal tariffs, China awaits Trump report for trade deal
1 day, 21 hours ago
Trump teases new tariffs, promises to be ‘very kind’ to trading partners
Trending News
2 days, 9 hours ago
Trump's reciprocal tariffs: Punjab, Haryana exporters are a worried lot
2 days, 10 hours ago
What U.S. tariffs look like from a Chinese trade city
2 days, 10 hours ago
For China and U.S. Inc., Trump's trade war feels much worse this time
3 days ago
Trump says he 'couldn't care less' if auto prices rise as several nations push reciprocal tariffs
4 days, 8 hours ago
Trump eyes for major escalation in global trade war, presses advisers for tariff escalation ahead of April 2: Report
4 days, 23 hours ago
Trump announces 25% tariffs on foreign-built vehicles
6 days, 23 hours ago
Will Donald Trump cut tariffs on China to facilitate TikTok sale bid? What the US President says
Trending News
1 week ago
A new global economic order, if it can be built
Trending News
1 week, 1 day ago
A new global economic order, if it can be built
Trending News
1 week, 1 day ago
Trump has begun another trade war. Here’s a timeline of how we got here
1 week, 1 day ago
Chinese investment in ASEAN expands to benefit both sides
1 week, 2 days ago
China calls on nations to open markets amid looming Trump tariffs
1 week, 3 days ago
‘There will be flexibility:’ Trump tones down his reciprocal tariff threat in major shift
1 week, 5 days ago
Nvidia chief confident chip maker can weather US tariffs
2 weeks ago
Stay vigilant: China’s economic woes could spill over
2 weeks, 1 day ago
Stay vigilant: China’s economic woes could spill over
2 weeks, 1 day ago
Slowdown imminent? Trump's trade policies threaten inflation, warns OECD
Trending News
2 weeks, 2 days ago
Donald Trump adamant on April 2 reciprocal tariff plan, vows ‘liberating day for US’
2 weeks, 3 days ago
Tesla Tells Trump Administration It’s Worried About Tariff Trade Wars
2 weeks, 5 days ago
The trajectory of the US-China competition under Trump 2.0
2 weeks, 6 days ago
As global tariff tensions rise, here's the latest on U.S. trade with top partners
3 weeks ago
Trump has begun another trade war. Here’s a timeline of how we got here
3 weeks, 1 day ago
Why China isn’t as worried about Trump’s trade war as in 2018
3 weeks, 2 days ago
Trump has begun another trade war. Here’s a timeline of how we got here
3 weeks, 2 days ago
China’s retaliatory tariffs on US to come into effect today as trade war takes shape
3 weeks, 3 days ago
China strikes back at Trump tariffs with 15 per cent levies targeting US farmers
3 weeks, 3 days ago
China strikes back at Trump tariffs with 15% levies targeting US farmers
3 weeks, 3 days ago
Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
3 weeks, 3 days ago
Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
Top News
3 weeks, 3 days ago
China learned from Trump’s first trade war and changed its tactics when tariffs came again
3 weeks, 4 days ago
Trump downplays business concerns about uncertainty from his tariffs, prospect of higher prices
3 weeks, 4 days ago
Trump tariffs: How the White House is killing hobbies like vinyl collecting, arts and crafts, and tabletop gaming.
3 weeks, 4 days ago
Global Trade War: China Slaps Fresh Tariffs On Agricultural And Food Products From Canada
Trending News
3 weeks, 5 days ago
China tariffs aimed at Trump fan base but leaves wiggle room
Trending News
3 weeks, 6 days ago

Discover Related