China sees room to avert trade war with Trump despite tariff threat

Trump threatens Russia with sanctions, tariffs if Putin doesn't end Ukraine war

The war in Ukraine began with an invasion by Russia in February 2022. There have been more than 240,000 soldiers killed on both sides, according to Ukraine.

CNBC - 13m

Trumps Threatens Tariffs on Canada, Mexico and China

The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, which together account for more than a third of U.S. trade

The New York Times - 43m

Taking Trump’s Tariffs Threats Seriously and Literally

Some analysts increasingly believe the president sees levies as more than a negotiating ploy. To him, they’re a potential source of revenue.

The New York Times - 3h

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 - 4h

Trump’s Hint at Deal Making Gives China a Little Breathing Room

Whether it is over TikTok, fentanyl or trade, Beijing might welcome a compromise to buy time to address its ailing economy and bolster its position globally.

The New York Times - 4h

At Davos, Banks Describe Trump ‘War Rooms’ to Prepare for Upheavals

The president’s freewheeling, off-the-cuff proclivities will likely have big effects on markets, and top bankers are getting ready for potential volatility.

Inc. - 21h

Why Trump Sees a Chinese Threat at the Panama Canal, and Locals Don't

The new administration sees Chinese-owned infrastructure as leverage over the waterway. Panama and some former U.S. military officials say concerns are overblown.

The Wall Street Journal - 1d

China stocks and renminbi hit by Trump’s 10% tariff threat

Benchmark Hong Kong share index down 1.8% after trade shot at Beijing

Financial Times - 9h

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 - 14h

Trump’s first day: tariff threats and a flurry of executive orders

Also in today’s newsletter, the competing factions of the Republican party

Financial Times - 1d

Markets swing over Trump’s trade threat

Exporting currencies sell off as US president dashes brief hopes of more measured approach

Financial Times - 1d

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 - 1d

FirstFT: Trump renews tariff threats sending shockwaves through global markets

Also in today’s newsletter, Panama responds to Trump’s threat to take back the Panama Canal and Ray Dalio on UK’s ‘debt death spiral’

Financial Times - 1d

Trump not expected to carry through on Day 1 tariff threats

President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead to higher prices ...

NBC News - 1d

Dollar slides as Trump shies away from immediate trade tariffs

Euro, sterling and Canadian currencies rally sharply against greenback

Financial Times - 1d

Trump unlikely to impose trade tariffs on UK, says Treasury minister

Darren Jones says Britain should not look at the incoming US president ‘as a risk’

Financial Times - 2d

China can outfox Trump’s tariffs

Beijing is agile enough to swerve US protectionism

Financial Times - 3d

Trump's Tariff Threats Push Europe to Gear Up for Trade Fight

U.S. duties could nudge the European Union toward protectionist measures and away from free trade.

The Wall Street Journal - 3d

Canada Prepares for Trump Tariff Threat With Three-Stage Plan

Canadian officials are preparing retaliatory measures if the new U.S. administration imposes tariffs on Canadian imports.

The New York Times - 4d

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 - 5d

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 - 6d

‘TARIFFS all the way!!!’: EU mulls carrots and sticks to counter Trump on trade

Bloc may ward off incoming president’s threats by buying more US goods, or impose its own tariffs in retaliation. If there is one thing the EU knows about Donald Trump, it is that he loves tariffs. ...

The Guardian - 6d

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

Trump's Canada and Greenland Threats Imperil China Fight, Says Departing Envoy

Nicholas Burns, the U.S. ambassador to China, also said he was leaving his post with deep concerns about the future of relations with China.

The Wall Street Journal - Jan. 15

Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats

Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.

Inc. - 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 Trump

ABC News - Jan. 12

Threat of Trump tariffs adds to global economic uncertainty, IMF warns

Kristalina Georgieva says unpredictability of US trade policy is driving up borrowing costs around the world

Financial Times - 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

Mexico president addresses fentanyl production after Trump's tariff threat

President Claudia Sheinbaum's statement on Mexico's anti-drug campaign follows President-elect Donald Trump's threats to impose tariffs over drug trafficking.

CBS News - Jan. 8

Trump’s tariff plans could devolve into hostile trading blocs, this expert says

President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...

MarketWatch - Jan. 6

Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity

Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.

The New York Times - Jan. 2

China sees room to avert trade war with Trump despite tariff threat

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