Biden Targets Unfair Chinese Trade Practices with New Tariff PolicyAs early as the 14th, Biden announced directlyIncluding electric vehicles, batteries, semiconductors ...
Chile Strikes Back: Imposes Anti-Dumping Duties on Chinese SteelThe Chilean government has decided to impose anti-dumping duties of up to 33.5% on two types of Chinese steel products that the domestic market with the prices. This comes amid a global trend of countering Chinese products, as evidenced by the U.S. government’s announcement on the 17th to raise tariffs on Chinese steel and aluminum […]
Goldman Sachs Warns: Trump's Tariff Plan Could Hit U.S. Income and SpendingGoldman analysis: greater impact on actual income and personal consumption Analysts predict that if the tariff imposition plan against China, advocated by former U.S. President Donald Trump, is implemented, it could hinder U.S. economic growth and increase inflation. According to Bloomberg on the 7th (local time), analysts at Goldman Sachs Group, Inc. projected in a […]
Yellen Flags Concerns Over China's Overproduction Amid Tariff SpeculationRemarks on China’s overproduction and mentioning of measuresYellen keeps silent on potential additional tariffs U.S. Treasury Secretary Janet Yellen disclosed that additional protective measures against China were being considered before she visited the country. According to Axios, a U.S. online media outlet, Yellen made these remarks in Anchorage before departing for China on the 3rd […]
Trump Threatens 100% Tariff on Chinese Automakers' Cars Made in MexicoAccording to a report by the Detroit News on March 17, 2024 (Local time), Donald Trump said he would impose a 100% tariff on automobiles made in Mexico by Chinese automakers, double the levy he has previously said he would impose on automobiles made south of the U.S. border. Earlier this month, Trump threatened a […]
China's Proposal to End Tariffs on Australian Wine Signals Potential Trade ResolutionBloomberg reported on the 12th that China has announced a temporary proposal related to the extermination of retaliatory tariffs on Australian wine. Treasury Wine Estates, a global wine company in Australia, announced through a stock exchange disclosure on the day that “a final decision will be made within a few weeks.” Don Farrell, Australia’s Minister […]
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