Latest in China hits US with retaliatory tariffs
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Trump enacting 25% tariffs on Mexico and Canada, 10% tariff on China
The White House has announced that as of Saturday, 25% tariffs will be placed on goods from Mexico and Canada while goods from China will have 10% tariffs. CBS News White House digital reporter ...CBS News - 4d -
Tariff shock ahead? This is the trade to make before the weekend headlines hit.
Investors aren’t sure if President Trump will formally apply import penalties or notMarketWatch - 4d -
Gold price hits record high on looming US tariff fears
Bullion surpasses October peak as traders stockpile in New YorkFinancial Times - 5d -
With DeepSeek, China innovates and the US imitates
The start-up’s breakthrough confounds outworn prejudices about the two countriesFinancial Times - 5d -
Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing
Howard Lutnick, the financier President Trump has picked to lead the Commerce Department, said he favored “across-the-board” tariffs and was grilled about his financial ties in a nomination hearing ...The New York Times - 5d -
U.S. and China escalate economic tensions over AI and tariffs
Tensions rise as Chinese startup DeepSeek announces a breakthrough in AI technology, while President Trump considers new tariffs on Chinese imports. Anna Coren reports from Hong Kong.CBS News - 6d -
How Trump tariffs could upend car markets in Europe, the US and China
Levies threaten exporters to US market, while scrapping of subsidies will hit EV sales – and Tesla could gain. The internal combustion engine appears to hold a special place in Donald Trump’s ...The Guardian - 6d -
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Trump’s Colombia Tariff Threat Startled Companies Trying to Rely Less on China
By declaring he’d put tariffs on goods from the South American country, the president imperiled a growing influx of foreign investment there.The New York Times - Jan. 28 -
Trump Tariffs Could Hit Cars, Clothes and Food Prices Fast
The levies could go into effect within the next few days.Inc. - Jan. 27 -
Tesla sues EU over tariffs on electric vehicles from China
Decision marks latest confrontation between Elon Musk and BrusselsFinancial Times - Jan. 27 -
US pauses tariffs on Colombia after deal on deportations
Bogotá had turned back American planes carrying deported migrantsFinancial Times - Jan. 27 -
Dollar falls after Trump hints at softer stance on China tariffs
US president also says he would like to see interest rates to fall ‘a lot’Financial Times - Jan. 24 -
U.S. Firms in China Fearing Trade Turmoil Hit a 5-Year High
An American Chamber of Commerce in China Survey shows growing worries about Sino-American relations and how their businesses could be affected.Inc. - Jan. 23 -
Trumps Threatens Tariffs Feb. 1 on Canada, Mexico and China
The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.The New York Times - Jan. 23 -
Trump Keeps China Guessing on Tariff Threats
The president postponed what appeared to be a looming clash on trade and expressed a willingness to talk business, but he remains critical of Beijing.The Wall Street Journal - Jan. 22 -
China stocks and renminbi hit by Trump’s 10% tariff threat
Benchmark Hong Kong share index down 1.8% after trade shot at BeijingFinancial Times - Jan. 22 -
China sees room to avert trade war with Trump despite tariff threat
New US president hints at potential agreement linking TikTok ownership with tariffsFinancial Times - Jan. 22 -
Trump considers 10% tariff on China from February
The new president accused Beijing of sending fentanyl to Mexico and Canada which ends up in the US.BBC News - Jan. 22 -
Trump says China tariffs could hinge on TikTok deal
President signs executive order giving popular video app’s owner 75 days to find US buyerFinancial Times - Jan. 21 -
China can outfox Trump’s tariffs
Beijing is agile enough to swerve US protectionismFinancial Times - Jan. 19 -
One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has signaled the country should defend its currency.The Wall Street Journal - Jan. 18 -
Trump tariff threats fuel frontloading of trade shipments into U.S., led by China
Companies are expediting cargo shipments into the U.S. ahead of new tariffs from President-elect Trump, with Chinese trade the biggest on the move.CNBC - Jan. 17 -
China’s economy hits 5% growth target but rate among slowest in decades
Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics. Business live – latest updates China’s economy grew by 5% in 2024, in line with ...The Guardian - Jan. 17 -
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors, apparel and industrial plastic.The New York Times - Jan. 17 -
China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - Jan. 17 -
Three reasons Trump tariffs aren't China's only problem
China's economy has hit the government's 5% growth target for 2024 in the face of multiple challenges.BBC News - Jan. 17 -
Canada sends Trump 'message' with retaliatory tariff talk
Canada must send a “message” to President-elect Trump on tariffs, one of the country's provincial leaders said Wednesday alongside Prime Minister Justin Trudeau, who described the threatened levies ...The Hill - Jan. 16 -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - Jan. 16 -
US targets China’s answer to OpenAI with trade blacklisting
Beijing-based Zhipu singled out among artificial intelligence start-ups for allegedly advancing Chinese military capabilitiesFinancial Times - Jan. 16 -
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.The Wall Street Journal - Jan. 16 -
Trump's China tariff threats are helping fuel a manufacturing boom — in Mexico
The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would incentivize companies to bring production back to the U.S and give ...NBC News - Jan. 15 -
China discussing using Musk as broker in TikTok deal
Officials consider involving billionaire confidant of Donald Trump in effort to save video app from US banFinancial Times - Jan. 14 -
China’s trade surplus hits annual record of almost $1tn
Rise in exports expected to increase tensions with US and other trade partnersFinancial Times - Jan. 13 -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - Jan. 12 -
US streamlines deportation flights to China
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, the Department of ...The Hill - Jan. 10 -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - Jan. 9 -
China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - Jan. 8 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6
