Tag

China Trade

All articles tagged with #china trade

economy4 days ago•4 min saved

US trade deficit widens to a fresh peak as imports outpace exports

Last year the US posted a record $3.4 trillion in goods imports and a goods-and-services deficit near $901.5 billion, pushing the overall goods deficit to about $1.2 trillion despite sweeping tariffs. Exports rose to new highs, and the US-China gap narrowed about 30% to $202.1 billion, while gaps widened with Mexico, Vietnam and Taiwan. Analysts say tariff effects may take time to materialize amid ongoing legal challenges to the tariffs.

via BBC|

#china-trade #economy #exports

world1 month ago•4 min saved

Canada frames Trump tariff talk as leverage ahead of USMCA review

Canada treats Trump’s 100% tariff threats as negotiating positioning ahead of the USMCA review, stressing the process will be narrow and not a renegotiation; Ottawa is pursuing a targeted China deal amid past tariff exchanges, while Carney and LeBlanc push for swift, multilateral action among middle powers.

via AP News|

#china-trade #tariffs #trade-talks

business1 month ago•4 min saved

Markets cautious as Iran risk, Powell politics cloud the horizon

Global stocks waver as Iran tensions and fears about Fed independence weigh on sentiment, despite China posting a record trade surplus and energy prices rising; Trump attacks Powell while central bankers defend him, JPMorgan slips after earnings, and Apple–Google announce a multiyear AI partnership as BP signals $4–5B impairment charges.

via CNBC|

#apple-google-ai #business #china-trade

world1 month ago•4 min saved

Trump imposes 25% tariff on any country trading with Iran

President Donald Trump announced a 25% tariff on any country doing business with Iran, effective immediately, a move that could affect large trading partners such as China and India. The White House gave few details on implementation while tensions with Tehran and Iran’s ongoing unrest provide context for the measure.

via Financial Times|

#china-trade #global-trade #trump-tariffs

economy2 months ago•3 min saved

Ohio Farmers Face 74% Drop in Chinese Sales Due to Trump Tariffs

Ohio farmers have experienced a 74% decline in Chinese exports this year, losing nearly $76 million, primarily due to tariffs imposed during Trump's administration, which have disrupted trade relations and increased costs, especially impacting soybean farmers and contributing to broader economic challenges in agriculture.

via Ohio Capital Journal|

#agriculture #china-trade #economy

world2 months ago•3 min saved

Mexico Implements 50% Tariffs on Chinese and Indian Imports Amid Trade Tensions

Mexico's decision to impose tariffs on Chinese and Asian imports marks a significant shift in global trade, aligning with Trump's trade strategy to block China's export surges and reshape the international trading system into a more balanced and fairer order, encouraging other countries like Europe to follow suit.

via Financial Times|

#china-trade #global-trade-system #mexico-tariffs

business3 months ago•0 min saved

Trump's China Trade Truce: Temporary Relief Amid Uncertain Future

President Trump and Chinese President Xi Jinping agreed to a trade truce in South Korea, avoiding escalation but not resolving underlying issues, which benefits American farmers and businesses but offers limited relief to consumers.

via The Washington Post|

#business #china-trade #economic-impact

finance4 months ago•3 min saved

Wall Street's Turbulent Ride: Key Forces and Future Outlook

The stock market experienced volatility due to concerns over private credit markets and regional banks, but optimism about a potential trade truce between the US and China, along with strong bank earnings, helped stocks recover. Key indicators like the VIX index surged, Treasury yields fell, and gold prices hit record highs amid ongoing economic uncertainties and a government shutdown.

via Barron's|

#banking-sector #china-trade #finance

world4 months ago•3 min saved

US-China Trade Tensions Rise Amid Tariff Threats and Market Volatility

US Trade Representative Greer indicated that additional tariffs on Chinese exports depend on China's actions, with ongoing staff-level talks aiming to resolve disputes over critical minerals and trade restrictions. The US is considering tariffs starting November 1, but a meeting between Trump and Xi Jinping is still scheduled, highlighting ongoing tensions and negotiations in the US-China trade war.

via Reuters|

#china-trade #economic-security #trade-war

business4 months ago•1 min saved

Asian Markets React to U.S.-China Trade Tensions and Trump’s Tariff Threats

Asian stock markets declined following President Trump's announcement of a potential 100% tariff on Chinese imports starting November 1, along with export controls on critical software, leading to investor concerns over escalating trade tensions.

via The New York Times|

#asia-markets #business #china-trade

business4 months ago•3 min saved

Markets React to Trump's Escalating China Tariffs and Diplomatic Tensions

Markets reacted negatively to Trump's announced China tariffs, with stocks falling, gold prices rising, and the dollar weakening, indicating concerns that the tariffs may backfire on the US economy and financial stability.

via Fortune|

#business #china-trade #dollar

business4 months ago•2 min saved

Stocks Plunge as Trump Threatens Escalated China Tariffs

Stock markets fell sharply following President Trump's threat to impose massive tariffs on Chinese goods, with the Dow dropping 770 points and the S&P 500 and Nasdaq also declining, amid escalating US-China trade tensions and concerns over a potential government shutdown.

via Barron's|

#business #china-trade #market-decline

business4 months ago•4 min saved

Uncertainty and Impact of Trump's Tariffs on Global Trade and Industries

Six months into Trump's tariffs, the US economy remains strong with low unemployment and high growth, but the trade war's full impact is still uncertain, with ongoing tariffs, legal challenges, and limited benefits for American manufacturing and farmers.

via Axios|

#business #china-trade #tariff-impact

politics5 months ago•4 min saved

Trump's Trade Policies Threaten U.S. Soybean Farmers Amid Global Market Collapse

The article criticizes Trump's trade policies, highlighting how his actions have devastated American soybean exports to China, leading to economic hardship for U.S. farmers, while Argentina and Brazil benefit from increased market share and government support, effectively betraying American agricultural interests.

via splinter.com|

#argentina-bailout #china-trade #politics

business8 months ago•3 min saved

Ford halts production due to critical rare earth shortages

Ford has had to temporarily shut down some factories due to a shortage of rare-earth magnets caused by China's trade restrictions, but a tentative agreement between the US and China may soon resume magnet exports, potentially alleviating the supply crisis.

via Daily Mail|

#automotive-industry #business #china-trade