Trump’s Tariff Talk Sends UBS Lowering China’s Growth Outlook to 4%UBS lowers China's GDP growth forecast for 2025 from 4.5% to 4% due to potential U.S. tariffs under President-elect Trump.
5 Ways a Trump Presidency Could Shake Up the Economy—Here’s What to WatchTrump claims victory in the election, but analysts warn of economic risks including tariffs, inflation, and global trade tensions.
From Tax Cuts to China Tariffs: Mnuchin on Trump’s Economic Revival PlanFormer Treasury Secretary Steven Mnuchin predicts a return to tax cuts and tariffs under a Trump administration, emphasizing GOP agendas.
Trump's Fiery Speech: 1000% Tariff Threat to Save Michigan from Chinese CarsIf elected, Trump vows to renegotiate USMCA, citing concerns over Chinese factories in Mexico impacting U.S. auto workers.
Shockwaves in EV Market: EU Eyes Up to 45% Tariff on Chinese ImportsThe EU plans to vote on tariffs up to 45% on Chinese electric vehicles, with member states negotiating to avoid them.
Canada vs. China: Trade War Heats Up with New Chinese Investigation into Tariff PoliciesThe Chinese government has retaliated against Canada's decision to impose new tariffs on Chinese-made EVs, aluminum, and steel.
Trump and Harris Clash Over Economy and Inflation—Who Came Out on Top?In their first debate, Trump and Harris sparred over economic policies and tariffs, intensifying the presidential race.
Biden Targets Mexico in Chinese Steel CrackdownThe Biden administration has imposed high tariffs on Chinese steel and aluminum products imported through Mexico. This follows a decision to more than triple tariffs on Chinese steel, essentially blocking the “transshipment” of Chinese products. Analysts suggest this move is a strategic play to win over voters in the Rust Belt, a region with a […]
Trump Eyes 10% Tariff Comeback: What It Means for Your WalletTrump is considering implementing a 10% tariff on all imported goods if he wins the November election and returns to the White House.
China's EV Exports to Europe Hit by New Tariffs Starting JulyThe impact of European tariffs on Chinese electric vehicle (EV) companies will be implemented in July. According to the China Passenger Car Association (CPCA), retail sales of EVs increased 38.6% from the last year reaching 804,000 units. Cumulative sales in May were 3.249 million units with a 34.2% increase compared to the previous year’s performance. […]
Pork Politics: China's Latest Trade Move Against the EUChina announced on June 17 that it has launched an anti-dumping investigation into pork and pork by-products from the European Union (EU). The Chinese Ministry of Commerce has hinted at retaliatory measures, including countermeasures after the EU announced provisional measures to impose a tariff bomb on Chinese electric vehicles. The Chinese Ministry of Commerce announced […]
Will Trump's Controversial Trade-Off Lead to No More Income Tax?Janet Yellen, the U.S. Secretary of the Treasury, criticized former President Donald Trump’s proposal to abolish income tax and replace it with tariffs on imported goods, stating it would significantly exacerbate the hardship of Americans. In an interview with ABC, Yellen discussed Trump’s tax cut idea, stating, “A tariff well over 100% would be necessary,” […]
China Warns of Long-Term Impact on EU Economy from New EV TariffsIn response to the European Union’s (EU) announcement of imposing additional tariffs on Chinese-made electric vehicles (EVs), China has hinted at a strong countermeasure, stating that “this action will harm the interests of the EU.” According to Chinese media outlets on the 16th, the National Development and Reform Commission (NDRC), the department overseeing China’s economic […]
BYD Stock Surges Despite New EU TariffsAP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
Trade War Escalates As EU Slaps Hefty Tariffs on Chinese EVsAmid the European Union (EU) threatening to impose a tariff bomb of up to 48% on Chinese electric vehicles (EVs), China has embarked on the countdown for retaliatory measures. There are suggestions that retaliatory tariffs might be imposed on products including dairy and pork from the EU. On the 13th, the Spokesperson for the Ministry […]
Musk Opposes U.S. Government's Recent Tariff Increase on EV ImportsElon Musk, CEO of Tesla, expressed his opposition on the 23rd (local time) to the U.S. government’s decision to significantly increase tariffs on Chinese-made electric vehicles (EV). According to Reuters and other sources, Musk participated in a video conference at the Viva Technology event in Paris, France, stating, “Tesla and I did not request these […]
U.S. Tariff Hike on Chinese Goods Could Reshape Medical Industry in South KoreaImage Today With the Biden administration pushing for a tariff increase on Chinese medical devices such as syringes, needles, rubber gloves, and face masks, South Korean companies, which have struggled to secure market share due to low-cost competition, are expected to benefit from the situation. However, the pharmaceutical and biotech industries remain nervous, warning that […]
China Makes Strategic Move That Worries Western CompaniesAccording to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
South Korea Preps New Strategy After U.S. Takes Bold Step Against Chinese ImportsDeputy Prime Minister and Minister of Strategy and Finance, Choi Sang Mok, emphasized the need to prepare for the increasing uncertainty in the global economic and trade environment as the United States announced tariff increases on strategic items worth $18 billion imported from China. According to the Ministry of Strategy and Finance, on the 21st, […]
Trade Tensions Escalate: China Hits Back with Tariffs on U.S. SoybeansChina is escalating its countermeasures against Western sanctions, particularly those imposed by the United States. It is considering imposing retaliatory tariffs against the high tariffs set by the U.S. and is exploring alternative trade partners such as Russia and Brazil. China has also hinted at retaliation against the European Union (EU) for initiating investigations into […]
Trump’s Tariff Talk Sends UBS Lowering China’s Growth Outlook to 4% UBS lowers China's GDP growth forecast for 2025 from 4.5% to 4% due to potential U.S. tariffs under President-elect Trump.
5 Ways a Trump Presidency Could Shake Up the Economy—Here’s What to Watch Trump claims victory in the election, but analysts warn of economic risks including tariffs, inflation, and global trade tensions.
From Tax Cuts to China Tariffs: Mnuchin on Trump’s Economic Revival Plan Former Treasury Secretary Steven Mnuchin predicts a return to tax cuts and tariffs under a Trump administration, emphasizing GOP agendas.
Trump's Fiery Speech: 1000% Tariff Threat to Save Michigan from Chinese Cars If elected, Trump vows to renegotiate USMCA, citing concerns over Chinese factories in Mexico impacting U.S. auto workers.
Shockwaves in EV Market: EU Eyes Up to 45% Tariff on Chinese Imports The EU plans to vote on tariffs up to 45% on Chinese electric vehicles, with member states negotiating to avoid them.
Canada vs. China: Trade War Heats Up with New Chinese Investigation into Tariff Policies The Chinese government has retaliated against Canada's decision to impose new tariffs on Chinese-made EVs, aluminum, and steel.
Trump and Harris Clash Over Economy and Inflation—Who Came Out on Top? In their first debate, Trump and Harris sparred over economic policies and tariffs, intensifying the presidential race.
Biden Targets Mexico in Chinese Steel Crackdown The Biden administration has imposed high tariffs on Chinese steel and aluminum products imported through Mexico. This follows a decision to more than triple tariffs on Chinese steel, essentially blocking the “transshipment” of Chinese products. Analysts suggest this move is a strategic play to win over voters in the Rust Belt, a region with a […]
Trump Eyes 10% Tariff Comeback: What It Means for Your Wallet Trump is considering implementing a 10% tariff on all imported goods if he wins the November election and returns to the White House.
China's EV Exports to Europe Hit by New Tariffs Starting July The impact of European tariffs on Chinese electric vehicle (EV) companies will be implemented in July. According to the China Passenger Car Association (CPCA), retail sales of EVs increased 38.6% from the last year reaching 804,000 units. Cumulative sales in May were 3.249 million units with a 34.2% increase compared to the previous year’s performance. […]
Pork Politics: China's Latest Trade Move Against the EU China announced on June 17 that it has launched an anti-dumping investigation into pork and pork by-products from the European Union (EU). The Chinese Ministry of Commerce has hinted at retaliatory measures, including countermeasures after the EU announced provisional measures to impose a tariff bomb on Chinese electric vehicles. The Chinese Ministry of Commerce announced […]
Will Trump's Controversial Trade-Off Lead to No More Income Tax? Janet Yellen, the U.S. Secretary of the Treasury, criticized former President Donald Trump’s proposal to abolish income tax and replace it with tariffs on imported goods, stating it would significantly exacerbate the hardship of Americans. In an interview with ABC, Yellen discussed Trump’s tax cut idea, stating, “A tariff well over 100% would be necessary,” […]
China Warns of Long-Term Impact on EU Economy from New EV Tariffs In response to the European Union’s (EU) announcement of imposing additional tariffs on Chinese-made electric vehicles (EVs), China has hinted at a strong countermeasure, stating that “this action will harm the interests of the EU.” According to Chinese media outlets on the 16th, the National Development and Reform Commission (NDRC), the department overseeing China’s economic […]
BYD Stock Surges Despite New EU Tariffs AP Newsis NH Investment & Securities stated on the 14th that the stock price of BYD has surged despite Europe imposing additional tariffs on Chinese electric vehicles (EVs). The firm analyzed that the impact of these measures on earnings is projected to be limited, and attention should be paid to the company’s competitiveness. The European […]
Trade War Escalates As EU Slaps Hefty Tariffs on Chinese EVs Amid the European Union (EU) threatening to impose a tariff bomb of up to 48% on Chinese electric vehicles (EVs), China has embarked on the countdown for retaliatory measures. There are suggestions that retaliatory tariffs might be imposed on products including dairy and pork from the EU. On the 13th, the Spokesperson for the Ministry […]
Musk Opposes U.S. Government's Recent Tariff Increase on EV Imports Elon Musk, CEO of Tesla, expressed his opposition on the 23rd (local time) to the U.S. government’s decision to significantly increase tariffs on Chinese-made electric vehicles (EV). According to Reuters and other sources, Musk participated in a video conference at the Viva Technology event in Paris, France, stating, “Tesla and I did not request these […]
U.S. Tariff Hike on Chinese Goods Could Reshape Medical Industry in South Korea Image Today With the Biden administration pushing for a tariff increase on Chinese medical devices such as syringes, needles, rubber gloves, and face masks, South Korean companies, which have struggled to secure market share due to low-cost competition, are expected to benefit from the situation. However, the pharmaceutical and biotech industries remain nervous, warning that […]
China Makes Strategic Move That Worries Western Companies According to recent assessments, Chinese companies are expanding their dominance in the mineral market despite years of sanctions. The Wall Street Journal (WSJ) reported on the 20th (local time) that China is winning the mineral war, with Chinese companies aggressively expanding their businesses, over-supplying, and driving down prices to push out competitors. According to raw […]
South Korea Preps New Strategy After U.S. Takes Bold Step Against Chinese Imports Deputy Prime Minister and Minister of Strategy and Finance, Choi Sang Mok, emphasized the need to prepare for the increasing uncertainty in the global economic and trade environment as the United States announced tariff increases on strategic items worth $18 billion imported from China. According to the Ministry of Strategy and Finance, on the 21st, […]
Trade Tensions Escalate: China Hits Back with Tariffs on U.S. Soybeans China is escalating its countermeasures against Western sanctions, particularly those imposed by the United States. It is considering imposing retaliatory tariffs against the high tariffs set by the U.S. and is exploring alternative trade partners such as Russia and Brazil. China has also hinted at retaliation against the European Union (EU) for initiating investigations into […]
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