Articles for Trade War

Trade War Widened US Trade Deficit, Increased Chinese Global Exports
1 week, 1 day ago

Trade War Widened US Trade Deficit, Increased Chinese Global Exports

Deccan Chronicle  

The US-China trade war initiated by President Donald Trump under his previous government failed to achieve its goals as the trade deficit of the US further widened while China’s global exports increased between 2017 and 2023. The US-China trade war, which began in March 2018 by imposing 25 per cent tariffs on steel and 10 per cent on aluminium, escalated …

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Dutch economic growth will pick up in coming years, inflation to stay higher than EU
1 week, 3 days ago

Dutch economic growth will pick up in coming years, inflation to stay higher than EU

NL Times  

Economic growth in the Netherlands will pick up in the coming years growing 0.9 percent this year and 1.5 percent each in 2025 and 2026, despite an increasing threat from geopolitical uncertainty. The growth is mainly driven by household consumption and government spending, but the DNB also expects world trade to pick up and exports to contribute more to economic …

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Abhijit Bhattacharyya | Will Trump’s tariff threats trigger a wider trade war?
1 week, 5 days ago

Abhijit Bhattacharyya | Will Trump’s tariff threats trigger a wider trade war?

Deccan Chronicle  

Long before he enters the White House on January 20, 2025, US President-elect Donald Trump has already created global tremors over his plans to implement a “Universal Baseline Tariff” on imports after assuming office. In legal terms, it’s “a schedule or system of duties imposed by a government on imported or exported goods”; but in the United States, tariffs are …

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China's Xi warns 'no winners' in trade war with U.S.
1 week, 6 days ago

China's Xi warns 'no winners' in trade war with U.S.

Raw Story  

by Peter CATTERALL Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year. Former US president Donald Trump -- who returns to the White House next month -- unleashed a grueling trade war with China during his first …

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Trump discusses border, energy with Canada's Trudeau as trade war looms large
3 weeks, 1 day ago

Trump discusses border, energy with Canada's Trudeau as trade war looms large

India Today  

US President-elect Donald Trump said on Saturday he discussed the border, trade and energy in a "very productive" meeting with Canadian Prime Minister Justin Trudeau amid fears of a trade war. "We discussed many important topics that will require both Countries to work together to address, like the Fentanyl and Drug Crisis that has decimated so many lives as a …

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'Easily bamboozled' Trump could get owned by Mexico in trade war: Paul Krugman
3 weeks, 3 days ago

'Easily bamboozled' Trump could get owned by Mexico in trade war: Paul Krugman

Raw Story  

Nobel Prize-winning economist and New York Times columnist Paul Krugman is seeing signs that President-elect Donald Trump may have already bitten off more than he can chew when it comes to his threats to launch trade wars with Mexico and Canada. Writing on BlueSky, Krugman makes the case that Mexican President Claudia Sheinbaum appears to be ready to call Trump's …

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Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?
3 weeks, 6 days ago

Trump’s latest tariff plan aims at multiple countries. What does it mean for the US?

Associated Press  

WASHINGTON — President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. “Imposing tariffs on trade flows into the United States without first preparing alternative sources for the goods and services affected will raise the price of imported items at once,” Weinberg and …

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China warns ‘no one will win’ if Donald Trump starts trade war
3 weeks, 6 days ago

China warns ‘no one will win’ if Donald Trump starts trade war

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China shot back at Donald …

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Amid Trump's trade war, Chinese outbound mergers & acquisitions to rise, say analysts
4 weeks ago

Amid Trump's trade war, Chinese outbound mergers & acquisitions to rise, say analysts

Firstpost  

While Chinese companies’ outbound mergers and acquisitions are expected to rise under the incoming Trump administration in the United States, the inbound M&A outlook is expected to be bleak, according to analysts US President-elect Donald Trump waves next to Chinese President Xi Jinping after attending a business event at the Great Hall of the People in Beijing on November 9, …

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Trump can do a business deal with China
4 weeks ago

Trump can do a business deal with China

China Daily  

Editor's note: In recent years, China has made significant strides in pursuit of high-quality economic and cultural development. How can China achieve a breakthrough deal with the next US administration after Donald Trump assumes office on Jan 20 despite the wide expectation he would implement highly disruptive domestic and foreign policies? The worst-case scenario is the US intensifying the tariff …

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China is armed and ready for trade war 2.0 with Donald Trump
1 month ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

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China is armed and ready for trade war 2.0 with Donald Trump
1 month ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

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China reveals new 9-point plan to Trump-proof exports that may see up to 60% higher taxes
1 month ago

China reveals new 9-point plan to Trump-proof exports that may see up to 60% higher taxes

Firstpost  

Trump is set to take office in January, renewing fears of an intensified trade war that could further strain the already fraught relationship between China and the US China on Thursday unveiled new policies to support its export sector as it braces for potential tariff increases by US President-elect Donald Trump, who has threatened to raise duties on Chinese goods …

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Imposing tariffs on India ’really bad’, will lead to trade war, US Congressman-elect Subramanyam on immigration & more
1 month ago

Imposing tariffs on India ’really bad’, will lead to trade war, US Congressman-elect Subramanyam on immigration & more

Live Mint  

US Congressman-elect Suhas Subramanyam has expressed strong opposition to imposing tariffs on Indian imports, warning that such a move could trigger a trade war between the two countries. As Trump prepares to assume office, there is growing concern that his administration may impose higher tariffs on Indian exports, potentially straining trade relations between the two nations. Suhas Subramanyam, 38, has …

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China coped with Trump’s first trade war. A second one will be tougher.
Trending News
1 month, 1 week ago

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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EU ambassador says don't want trade war with China even as frustration over Beijing's market practices grows
1 month, 2 weeks ago

EU ambassador says don't want trade war with China even as frustration over Beijing's market practices grows

Firstpost  

Trade frictions between EU and China have intensified over the past year after the bloc launched an investigation into Chinese-made imports of EVs that prompted Beijing to launch probes into Europe’s pork and dairy industries and curb brandy imports Flags of European Union and China are pictured during the China-EU summit at the Great Hall of the People in Beijing, …

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China anxious as Trump victory may intensify trade wars
Trending News
1 month, 2 weeks ago

China anxious as Trump victory may intensify trade wars

Firstpost  

China’s ambassador to the US, Xie Feng said that the differences between the two nations should be the driving force for exchanges and mutual learning rather than ‘an excuse for rejection and confrontation’, and that the successes of each were opportunities for the other There are no winners in tariff or trade wars, nor in wars over science and technology …

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What will a Trump White House mean for Britain’s global trade ambitions?
Trending News
1 month, 2 weeks ago

What will a Trump White House mean for Britain’s global trade ambitions?

The Independent  

Though few voice it so crudely, one of the great worries on the minds of British policymakers is whether the soon-to-be-reincarnated President Trump will slap tariffs on UK exports to the United States. The more romantically inclined, preferring to ignore Donald Trump’s record and harsh anti-trade rhetoric, might still wonder if that ever-so-elusive UK-US free trade agreement might even, maybe, …

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EU puts trade war with China on the cards
1 month, 2 weeks ago

EU puts trade war with China on the cards

China Daily  

By Li Yang | China Daily | Updated: 2024-11-07 07:34 JIN DING/CHINA DAILY At a parliamentary confirmation hearing on Monday, EU trade chief-in-waiting Maros Sefcovic clearly showed his tough stance on the European Union's trade issues with China. Regarding the ongoing negotiations between China and the EU over the "anti-subsidy" tariffs the latter slapped on Chinese-made electric vehicles from Oct …

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EU puts trade war with China on the cards
Top News
1 month, 2 weeks ago

EU puts trade war with China on the cards

China Daily  

JIN DING/CHINA DAILY At a parliamentary confirmation hearing on Monday, EU trade chief-in-waiting Maros Sefcovic clearly showed his tough stance on the European Union's trade issues with China. Regarding the ongoing negotiations between China and the EU over the "anti-subsidy" tariffs the latter slapped on Chinese-made electric vehicles from Oct 30, Sefcovic seemed to miss the point, saying that the …

China Trade Washington Chinese Sefcovic Trade War
EU puts trade war with China on the cards
Top News
1 month, 2 weeks ago

EU puts trade war with China on the cards

China Daily  

JIN DING/CHINA DAILY At a parliamentary confirmation hearing on Monday, EU trade chief-in-waiting Maros Sefcovic clearly showed his tough stance on the European Union's trade issues with China. Regarding the ongoing negotiations between China and the EU over the "anti-subsidy" tariffs the latter slapped on Chinese-made electric vehicles from Oct 30, Sefcovic seemed to miss the point, saying that the …

China Trade Washington Chinese Sefcovic Trade War
UK could attempt to talk Trump out of tariff war, Reeves tells MPs
Trending News
1 month, 2 weeks ago

UK could attempt to talk Trump out of tariff war, Reeves tells MPs

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK will make “strong …

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US Election Results: FPI outflows to China trade war—how will Trump’s victory impact global markets? Experts weigh in
1 month, 2 weeks ago

US Election Results: FPI outflows to China trade war—how will Trump’s victory impact global markets? Experts weigh in

Live Mint  

US Election Results 2024: In a remarkable turnaround after losing the 2020 elections, Republican US President Donald Trump secured a record-breaking historic victory in the US Presidential Elections 2024, defeating Democratic Vice President Kamala Harris with over 270 electoral votes to become President-elect officially. Follow Live Updates: US Election Results 2024 LIVE- Donald Trump becomes 47th US President Trump's top …

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Spain to find remedy to avoid trade war over EVs
3 months, 1 week ago

Spain to find remedy to avoid trade war over EVs

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. Wrapping up a four-day visit to China, Spanish Prime Minister Pedro Sanchez emphasized on Wednesday that his country will be constructive and try to find a solution between China and the European Commission to avoid a potential trade war over electric vehicles and other issues. "I have emphasized …

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