Latest in China Tariff Increase
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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 -
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Trade war has no winners, China's vice premier warns, as Trump threatens tariffs
Chinese Vice Premier Ding Xuexiang warned of "no winners" in a trade war during a speech Tuesday during the World Economic Forum in Davos, Switzerland.CNBC - Jan. 21 -
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 -
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 -
Cancer rates have increased for young women since 2002, research shows
While a new report from the American Cancer Society showed an overall drop in U.S. cancer deaths, it also highlighted an uptick in the number of young women being diagnosed with the disease. Dr. ...CBS News - Jan. 16 -
Cancer in women and young people is increasing, study finds
New data from the American Cancer Society shows overall cancer deaths are down but the number of women and young adults with cancer is up, according to a new study. CBS News' Michael George reports.CBS News - Jan. 16 -
Scott Bessent believes federal minimum wage should not be increased
Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should ...NBC News - Jan. 16 -
Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - Jan. 16 -
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...The Hill - Jan. 16 -
Cancer cases are increasing in women while declining in men, report finds
Cancer cases are shifting from men to women in the U.S., and from older to younger adults, according to a new report from the American Cancer Society.NBC News - Jan. 16 -
How wildfires increase financial risk for utility companies
As extreme blazes happen more frequently, the sector faces costly litigation and damages to infrastructureFinancial 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 -
Climate ‘whiplash’ events increasing exponentially around world
Global heating means atmosphere can drive both extreme droughts and floods with rapid switches. Climate “whiplash” between extremely wet and dry conditions, which spurred catastrophic fires in Los ...The Guardian - Jan. 15 -
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 -
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China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - Jan. 13 -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - Jan. 12 -
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 -
UK manufacturers increase pressure on government over industrial strategy
Despite gloomy outlook on business costs, executives report ‘heightened optimism’ about investmentFinancial Times - Jan. 13 -
UK pledges huge increase in computing capacity to build AI industry
Labour to expand sovereign computing power in response to report by British venture capitalistFinancial Times - Jan. 12 -
Los Angeles Fire Department budget sustained cuts but saw overall increase
Los Angeles Fire Department budget sustained cuts but saw an overall increase.ABC News - Jan. 11 -
California fires weather forecast: Strong winds expected to increase fire danger
There has been a reprieve from the strongest winds in southern California, but winds are expected to pick up later into tonight, raising the fire danger.ABC News - Jan. 11 -
Reward for capture of Venezuela's Maduro increased to $25 million
The increase to $25 million reflects "the gravity of his crimes and the continued threat he poses," a senior official said.CBS News - Jan. 10 -
Park City Strike Ends With Increase in Wages for Ski Patrollers
The nearly two-week strike hobbled the largest U.S. ski resort during a busy holiday period and sparked online fury about deepening economic inequality in rural mountain areas.The New York Times - Jan. 9 -
Tesco and M&S warn of rising costs but pledge to minimise price increases
Shares in retailers fall despite positive Christmas tradingFinancial Times - Jan. 9 -
Infinite Reality raises $3B to increase its immersive tech portfolio
Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.VentureBeat - Jan. 8 -
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 -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - Jan. 7
