American Companies Are Stocking Up to Get Ahead of Trump’s China Tariffs
He thinks Trump is serious about his campaign promise to impose tariffs of 60% on all Chinese goods. American businesses are dusting off a playbook they used during Trump’s first term: stocking up on imported goods before tariffs are enacted.
Mexico Warns About Trump Tariff Impact on U.S. Companies
Trump campaigned on a pledge to roll out a slew of tariffs, including for firms that had moved operations to Mexico, in a bid to restore jobs in the U.S. Economists have warned that such tariffs would amount to a serious blow to Mexico's export-dependent economy and have warned of a lesser hit to the U.
Companies Blame Donald Trump for Why They May Raise Prices
During his campaign, Trump made his tariff plans known, calling for a 10 percent to 20 percent tax on all imports.
Pictet Chief Asia Strategist: Chinese companies are 'much better prepared' for Trump 2.0 tariffs
Dong Chen of Pictet argues that Chinese companies are better prepared to circumvent potential Trump 2.0 tariffs. Trump's win also strengthens the USD, resulting in postponed rate cuts by southeast Asian central banks.
Walmart, Other US Companies Raise Concerns Over Proposed Trump Tariffs
Numerous major U.S. corporations addressed tariffs at recent investor events and on conference calls, including some after the Nov. 5 election, when Trump edged out sitting Vice President Kamala Harris.
Trump’s win boosts US stock markets
Donald Trump’s victory in the 2024 US presidential election sent shockwaves through the financial markets. US stocks surged to record highs, with the Dow Jones Industrial Average gaining more than 1,000 points in a single day for the first time since November 2022.
Mass casualty attacks in China put focus on mental health as economy slows
Two high-profile mass killings and a car crash at a primary school in just over a week are raising questions about how ...
China Showcases World's Most Advanced High-Speed Trains
China will demonstrate its high-speed rail capacity and show international advancements in high-speed rail at a 2025 ...
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China’s ultra-short dramas will enjoy long-term success
The market is growing. Micro-drama apps have cumulatively amassed nearly 55m downloads and $170m in revenue overseas, ...
China's Xpeng says no impact from US curbs on its Turing AI chip output
(Reuters) -Chinese electric vehicle maker Xpeng said mass production of its Turing self-designed artificial intelligence chip ...
U.S. Issues Warning to Beijing Over South China Sea
U.S. Defense Secretary Lloyd Austin has issued a warning to China over the South China Sea, emphasizing that the U.S. would ...
Argentina’s Milei pivots to pragmatism in first talks with China’s Xi after playing spoiler at G20
The final moments of the high-profile summit revealed Milei’s more pragmatic streak, coming as a surprise after the irascible ...
China leaves lending benchmark LPRs unchanged, as expected
China left benchmark lending rates unchanged at the monthly fixing on Wednesday, after lenders slashed the rates by ...
Congressional committee advises revoking China’s trade status
Bipartisan group recommends end to Beijing’s decades-long permanent normal trade status and calls for “Manhattan Project-type ...
Southeast Asian defense chiefs meet in Laos as maritime disputes with China are flaring
Southeast Asian defense chiefs and representatives are meeting in the Laotian capital on Wednesday for security talks at a ...
Can Trump’s Hardball Tactics on China Ease America’s Fentanyl Crisis?
The president-elect says he will punish China if it doesn’t choke off the flow of ingredients, but Beijing could balk if ...
Numerous children injured by a vehicle outside an elementary school in central China
The incident follows a series of recent killings or attacks in China by people in vehicles or wielding knives.
US admiral says sending Israel and Ukraine weapons like Patriot missiles is eating into what's needed for countering China
The US Navy's top commander in the Indo-Pacific raised concerns on Tuesday that the Pentagon's advanced weapons shipments to ...