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Trump might be right about foreign firms shouldering tariff costs
Following the launch of President Donald Trump’s trade war, it now has an “effective” tariff of over 16%, the highest since the 1930s (see chart 1). And rates could go even higher. Mr Trump has written strongly worded letters to many of America’s biggest trading partners threatening further levies on August 1st.
The hope, and the expectation, is that when U.S. officials meet their Chinese counterparts in Stockholm to talk economics and ...
China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts to shore up ...
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The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be ...
For the third time in as many months, US and Chinese officials will meet in Europe for trade talks — and this time, Beijing is arriving at the negotiating table more emboldened than ever.
On April 9, with the stock market enduring a mini-crash, Donald Trump placed a 90-day pause on reciprocal tariffs for all ...
French spirits maker Remy Cointreau reported its first quarter of sales growth since early 2023 and raised its full-year ...
President Donald Trump is set to meet with European Commission chief Ursula von der Leyen in Scotland to discuss trade. Both ...
Over the first half of 2025, China's exports to the world grew nearly 6% from a year earlier, defying expectations of a broad ...
U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade ...
China and Vietnam plan to hold their first joint army training exercise this month, a sign of deepening military ties as the ...
Industrial profits dropped 4.3% last month from a year earlier, after a contraction of 9.1% in May, according to data ...
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