Tag Archives: China

As President Trump puts new tariffs on goods from China and threatens a trade war with allies like Mexico and Canada, one global company is likely to suffer less than most of its competitors: Tesla. But the electric car maker led by Elon Musk, which accounts for a third of the billionaire’s wealth, is also vulnerable if relations with China …

Meltdown The markets have spoken. The S&P 500 is on track for its worst weekly loss since the collapse of the Silicon Valley Bank crisis two years ago. And investors have wiped out post-Election Day gains as President Trump’s dizzying start-stop tariff policy fuels volatility on trading floors and in boardrooms. Another test comes this morning with the jobs report …

Sweeping tariffs imposed by President Trump threatened economic upheaval for consumers and businesses in the United States on Tuesday as the country’s biggest trading partners struck back, raising fears of a burgeoning trade war. Canada and China swiftly condemned the U.S. tariffs and announced retaliatory tariffs against American exports. President Claudia Sheinbaum of Mexico said that if the U.S. tariffs …

President Trump made one of the biggest gambles of his presidency Tuesday by initiating sweeping tariffs with no clear rationale on imports from Canada, Mexico and China, triggering a trade war that risks undermining the United States economy. His actions have upended diplomatic relations with America’s largest trading partners, sent markets tumbling, and provoked retaliation on U.S. products — leaving …

Sweeping tariffs on imports from Canada, Mexico and China went into effect just after midnight on Tuesday, raising U.S. tariffs to levels not seen in decades and rattling foreign governments and businesses that depend on international trade. As of 12:01 a.m. Tuesday, the Trump administration added a 25 percent tariff on all imports from Canada and Mexico. The administration also …

When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders. Canada created a “fentanyl czar” and committed fresh resources to combating …

President Trump has issued an unremitting stream of tariff threats in his first month in office, accompanied by nearly as many reasons for why they should go into effect. Tariffs on Canada, Mexico and China are a cudgel to force those countries, America’s largest trading partners, to crack down on the flow of drugs and migrants into the United States. …

President Trump’s tough talk on China typically centers on tariffs. But a closer look at the decisions he has made since taking office shows that the president is considering a far wider set of economic restrictions on Beijing, ones that could hasten America’s split from a critical trading partner. The Trump administration has so far proposed expanding restrictions on investments …

A company based in China’s Shandong province caught the attention of government officials after it threatened to fire its single and divorced employees if they remained single by the end of September. According to a report in South China Morning Post, Shandong Shuntian Chemical Group Co. Ltd., issued a notice to its 1,200-odd employees, emphasising that they work well and …

China will always be Latin America’s “trustworthy” friend and partner, its foreign minister told his Bolivian counterpart, as Beijing looks to improve its foothold in a region historically under the US sphere of influence. “Latin America is the home of the Latin American people, and is not any country’s ‘backyard’,” Chinese Foreign Minister Wang Yi said during a meeting at …