What will cost you more if Trump places a 10% tariff on all Chinese goods
That’s because President Donald Trump said on Tuesday that a new 10% across-the-board tariff on Chinese goods could be enacted as soon as February 1. Unlike Mexico and Canada, which largely avoid tariffs on exports to the United States because of the current USMCA trade agreement which Trump signed in his first term,
Wendy Liu, chief Asia and China equity strategist at JPMorgan, discusses the impact of U.S. tariff threats on China.
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
The question of how far and quickly the yuan will fall depends on Beijing's resolve in countering Donald Trump's tariffs with ...
(Yicai) Jan. 21 -- As the market anticipates the impact of tariffs imposed by Donald Trump after he was sworn in as US ...
Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S. tariffs in a second Donald Trump presidency, based on a view that sharp depreciation like that seen ...
Developer China Vanke Co., which has a record amount of debt coming due, told some creditors prior to turbulence in the ...
The Legislative Yuan yesterday on third reading passed the central government budget for this year, cutting 6.6 percent from the Executive Yuan’s proposed expenditure — the largest in history.
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