News Muncher - category china tariffs

1 week, 3 days ago

ECB’s Knot Says Trade War Could Export China Deflation to Europe

-- China may start selling its products to Europe at discounted rates if the US starts a trade war by imposing new tariffs, according to European Central Bank Governing Council member Klaas Knot. “In this way, China is, as it were, exporting its deflation to us.” Policymakers around the world are watching the US for potential trade levies when Donald …

Europe China War Trade Ecb Knot Trade War

4 weeks ago

Inflation increases against backdrop of higher tariffs

China Daily

Inflation in the US crept up in November, posing a challenge for the Federal Reserve in its efforts to continue trimming interest rates, while President-elect Donald Trump floated expanded tariffs. "The possibility the incoming US administration will impose new tariffs on Canadian exports to the United States has increased uncertainty and clouded the economic outlook," the bank's statement said. US …

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Trump says 'can't guarantee' tariffs won't raise prices

China Daily

US President-elect Donald Trump said in an interview aired on Sunday that he could not "guarantee" consumer prices would not rise under his proposed tariffs, while US economists and companies have called for no more increased tariffs. Although he said he disagrees with economists' contention that consumer prices would rise with increased tariffs, he said in an interview on NBC's …

Trump Chinese Tariffs Raise Prices Goods China Increased Tariffs

Trump tariffs to harm growth: Experts

China Daily

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Global China Trade Trump Tariffs Tariff

Trump’s tariffs in his first term did little to alter the economy, but this time could be different

Associated Press

WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Trump’s first term tariffs had a modest impact on economy Trump imposed tariffs on …

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1 month, 1 week ago

Why is Donald Trump blaming China for US opioid crisis?

Firstpost

Donald Trump has long blamed China for drugs, particularly fentanyl, flowing into the United States. Until such time as they stop, we will be charging China an additional 10 per cent tariff.” Trump has long accused Beijing of being complicit in the flow of fentanyl to the United States. Reuters The White House calls the epidemic “a scourge that has …

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1 month, 2 weeks ago

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for American shoppers?

The Independent

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Trump is a fan of tariffs, but economists say they …

China Canada Trump Prices Mexico American Tariffs

1 month, 2 weeks ago

China Open to 'Dialogue' with US After Trump Tariff Threats

Deccan Chronicle

Chinese Foreign Ministry spokesperson, Wang Wenbin, said that China was open to "constructive dialogue" with the U.S., emphasizing the importance of cooperation to ensure global economic stability. Trump’s comments have reignited fears of a new trade war between the two nations, following the trade disputes and tariffs that defined much of his administration's policies. The Chinese government has also expressed …

China Chinese

1 month, 2 weeks ago

Trump's tariff pledge for China drives dollar up, pushes most Asian markets down

Firstpost

US President-elect Donald Trump has warned that he would impose huge new tariffs on China, Mexico and Canada on his first day in office Asian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a …

China War Canada Trump Mexico Cent Dollar

1 month, 2 weeks ago

Trump promises 25% tariff on Mexico and Canada, extra 10% tariff on China

Al Jazeera

US president-elect says measures will remain until countries stamp out irregular border crossings and drug trafficking. “We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!” Trump said in a subsequent post that he would also impose a 10 percent tariff on China, “above …

China Trade Canada Border Trump Mexico Tariffs

1 month, 2 weeks ago

What are Trump’s plans for tariffs on China, Canada and Mexico?

Al Jazeera

US president-elect has promised to impose tariffs for as long as drugs and undocumented migrants flow into the country. United States President-elect Donald Trump has threatened to impose sweeping tariffs on the United States’s three largest trading partners – Canada, Mexico and China – as soon as he takes office on January 20. “About the issue of US tariffs on …

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Donald Trump likely to impose 40% tariff on China imports in 2025, risking growth by 0.5-1% point: Report

Live Mint

The US could impose nearly 40 per cent tariffs on imports from China early next year, potentially slicing growth in the world's second-biggest economy by up to one percentage point. However, most economists also said they do not expect blanket 60 per cent tariffs on Chinese goods in early 2025 as this could accelerate inflation within the US. "We expect …

Economy China Trump Stimulus Cent Tariffs Tariff

1 month, 3 weeks ago

Not just China, these US allies too could suffer the most by Donald Trump's tariffs

Hindustan Times

President-elect Donald Trump has pledged to levy tariffs on imported goods as part of his second-term economic strategy. During his election campaign, Trump promised to employ tariffs to promote American companies, imposing up to 60 percent levies on Chinese goods and up to 20 percent on imports from other nations. Europe would be severely affected if… Speaking to Newsweek Dr. …

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China coped with Trump’s first trade war. A second one will be tougher.

Live Mint

SINGAPORE—The last thing Xi Jinping needs right now is another showdown with Donald Trump over trade. If the U.S. cuts back on some of the $430 billion in goods it imports from China each year, Chinese companies could try sending them to other countries, a strategy Beijing followed successfully after Trump first hit Chinese goods with tariffs in 2018. Some …

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1 month, 4 weeks ago

Will India be a winner or loser when Trump unleashes trade war?

New Indian Express

One need not even look that far to determine who actually benefits from trade wars. As for India, the incoming US administration under Trump may choose to intensify trade frictions and if the proposed 10%-20% tariff hikes are indeed imposed, it'll adversely affect us, potentially altering the balance of trade, which remains in India’s favour with a surplus of $35.3 …

India China Trump Tariffs Trade Wars

1 month, 4 weeks ago

The world faces its worst trade wars since the 1930s

Hindustan Times

THE WORLD stands on the brink of multiple trade wars. The same hawks then predict that new tariffs will raise “artificially low prices” for Chinese goods, thereby creating economic incentives large enough to alter trade flows, helping domestic firms to employ more Americans. When it comes to strategic goods and technologies from China, Mr Trump can raise some tariffs on …

China Trade Trump European Tariffs Mr Trump Trade Hawks

2 months ago

USDA's Hafemeister on US-China Trade

Bloomberg

00:00 Yeah, I think that's the general consensus. And that could potentially, you know, throw China's plans into a mess, of course, because they're trying to stumble out of a climb out of a slowing economy right now. We talked to a number of American ag support suppliers to China, including the acting undersecretary for trade, for foreign trade and …

India China Markets

2 months ago

How China Might Respond to Trump's Tariffs

Bloomberg

00:00 Let's bring in Bonnie Glazer, managing director at the German Marshall Fund of the United States in the Pacific program. I mean, if there's a threat of tariffs here, do you think, you know, there's a people talk about there's a difference between the candidate Trump and what he will be as President Trump. We know he's talked about …

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2 months, 1 week ago

Finland Warns of Escalation as North Korea Sends Troops to Russia

Associated Press

Finnish President Alexander Stubb expresses concern over North Korea's dispatch of troops to Russia, considering it an escalation of the Russia-Ukraine war. Stubb highlights China's stated position against escalation and calls for continued efforts to promote peace in Ukraine. He also expresses concerns about China's support for Russia and its impact on Europe's security.

Helsinki

4 months, 1 week ago

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs

The Telegraph

An electric vehicle brand owned by Volkswagen would be “wiped out” by proposed European Union tariffs aimed at China, according to a top executive at the car giant. Models in Volkswagen’s Cupra brand are designed in Spain but include cars made in China, which would face tariffs of 21.3pc under proposals from the European Commission. Raising the price of the …

Brussels China Car European Tariffs Griffiths Volkswagen

4 months, 2 weeks ago

Dairy imports from EU face probe

China Daily

China's decision to launch an anti-subsidy probe into certain dairy products imported from the European Union fully aligns with domestic laws and World Trade Organization rules, said a commerce official on Thursday. In a statement released by the Brussels-based China Chamber of Commerce to the EU earlier this week, the chamber said that the development of the European EV industry, …

China Auto Chinese Beijing Evs European High Tariffs

4 months, 2 weeks ago

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial

China Daily

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA The Chinese Commerce Ministry has denounced the European Commission for engaging in "unfair competition" under the guise of "fair competition", saying that it will take all necessary measures to defend the legitimate rights and interests of Chinese enterprises after the commission announced additional tariffs on Chinese …

China Tesla Commission Chinese Tariffs

6 months ago

Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know

Associated Press

FRANKFURT, Germany — The European Union is imposing sharply higher customs duties on electric vehicles imported from China. After an eight-month investigation, the European Commission, the EU’s executive arm, found that companies making electric cars in China benefit from massive government help that means they can undercut rivals in the EU on prices, take a big market share and threaten …

Europe China Cars Market Share Electric Vehicles Commission Chinese

6 months, 1 week ago

Talks critical to resolving EU tariff spat

China Daily

Hundreds of vehicles line up at a port of Wuhu, Anhui province, on March 10, 2024, awaiting export. As the Ministry of Commerce said in late June that China and the EU have expedited consultations on this issue, Lyu Yue, a professor at the Academy of China Open Economy Studies, part of the University of International Business and Economics in …

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Articles for China Tariffs

ECB’s Knot Says Trade War Could Export China Deflation to Europe

Inflation increases against backdrop of higher tariffs

Trump says 'can't guarantee' tariffs won't raise prices

Trump tariffs to harm growth: Experts

Trump’s tariffs in his first term did little to alter the economy, but this time could be different

Why is Donald Trump blaming China for US opioid crisis?

Trump threatens China, Mexico and Canada with new tariffs. But what does this actually mean for American shoppers?

China Open to 'Dialogue' with US After Trump Tariff Threats

Trump's tariff pledge for China drives dollar up, pushes most Asian markets down

Trump promises 25% tariff on Mexico and Canada, extra 10% tariff on China

What are Trump’s plans for tariffs on China, Canada and Mexico?

Donald Trump likely to impose 40% tariff on China imports in 2025, risking growth by 0.5-1% point: Report

Not just China, these US allies too could suffer the most by Donald Trump's tariffs

China coped with Trump’s first trade war. A second one will be tougher.

Will India be a winner or loser when Trump unleashes trade war?

The world faces its worst trade wars since the 1930s

USDA's Hafemeister on US-China Trade

How China Might Respond to Trump's Tariffs

Finland Warns of Escalation as North Korea Sends Troops to Russia

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs

Dairy imports from EU face probe

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial

Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know

Talks critical to resolving EU tariff spat