EU threatens countermeasures over US tariffs
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Expectations for widespread price hikes following a wave of new tariffs this year have largely fallen short, surprising economists and fueling claims from tariff defenders that the levies are having no impact on inflation.
Batteries Plus CEO Scott Williams said the chain has reduced its reliance on Chinese suppliers for car batteries in order to minimize tariff costs.
What are the latest tariffs announced by the US President? How do things stand presently, and why has China been spared in the latest round of levies?
The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs.
Q3: How will the reciprocal tariffs impact China’s economy? A3:Estimates of the impact of future U.S. tariffs on the Chinese economy have varied widely. Analyses conducted in the country last year concluded that 60 percent tariffs imposed by the United States would knock less than 1 percent off of China’s GDP growth, as long as the United States acted alone.
China’s export growth defies tariffs, but new US levies on transshipments raise fresh risks. Hang Seng and AUD/USD respond as traders weigh China’s export gains against US crackdowns.
Canadian PM Carney has announced new steps to limit the flow of cheap foreign steel into Canada, aiming to protect local producers hit by US tariffs, emphasising that stricter import quotas and higher
JPMorgan Chase, Wells Fargo and Citigroup are among heavyweights reporting second-quarter results today. Profits for S&P 500 companies in the second quarter are expected to rise 5.8%, according to LSEG data, down from a forecast of 10.2% on April 1, before U.S. President Donald Trump launched his trade war.
GREENSBORO, N.C. — It's a war of words between the United States and China as the countries threaten each other with new tariffs. The U.S. will impose a 104% tariff on China, White House press ...
This week’s chart comes from Morningstar’s China Economic Outlook report. The report takes a deep look into the current health of an economy that Australia’s prosperity is heavily reliant on. Source: China Market Outlook report,