For China, Trump might initiate a 60% tariff, potentially exempting specific product categories to use as a bargaining chip in negotiations. This maneuver would fulfill campaign promises while …
Tagged By business
China vice president meets with Elon Musk ahead of Trump inauguration
China’s Vice President Han Zheng met on Sunday with Tesla CEO Elon Musk and other members of the U.S. business community in Washington D.C., the official Xinhua news agency reported on Monday.
“We need to save TikTok…don’t want to give our business to China”: Trump at MAGA Victory Rally
Hours before his inauguration, President-elect Donald Trump said that he agreed to “approve” TikTok on the condition that the USA will own 50 per cent of the Chinese app to “save” American jobs and …
China’s oil demand fading faster than expected, posing risks for producers
Combine domestic refinery processing with net exports of gasoline, diesel and the like, and the consumption of petroleum is about 300,000 daily barrels lower than in 2023 …
China faces Trump’s return just as its reliance on exports increases
China’s record trade surplus of nearly $1 trillion last year was equivalent to more than 5 per cent of its gross domestic product, the highest level since 2015 …
Chinese car brands set to dominate 2025 as third of Brits vow to buy one
The Chinese automotive industry could have an even larger impact on the UK car market during 2025, with a motoring expert predicting more brands launching.
‘We Need to Save Tiktok…Don’t Want to Give Our Business to China’: Trump
Hours before his inauguration, President-elect Donald Trump said that he agreed to “approve” TikTok on the condition that the USA will own 50 per cent of the Chinese app to “save” American jobs and prevent…
China Faces Trump’s Return Just as Reliance on Exports Soars
China is facing a repeat of the tensions and uncertainty from the first presidency of Donald Trump, only with a weaker economy that’s even more reliant on exports than it was during the first trade…
China’s grandiose plot to take on Rolls-Royce
one senior business figure adds. Faith in Beijing’s vision has prompted several major Western companies to seek deeper commercial ties with China. After a major streamlining exercise, FTSE 100 aerospace engineer Melrose has reduced its…
Citadel Securities applies for securities licence in China
Citadel Securities, one of the world’s largest market makers, on Friday filed an application for a securities licence in China, about a year after its global CEO expressed interest in entering the market.
China’s EV sales stumble off the line in 2025, raising profit concerns for carmakers
China’s electric vehicle (EV) sales hit a speed bump at the start of 2025, heightening concerns about the profitability outlook for carmakers amid fierce price competition. Deliveries of pure electric …
Trump sees new auto threat on Mexican border; it’s called China
Saltillo, Mexico – Over the years, a “mini-Detroit” blossomed in these desert highlands 200 miles south of the Texas border. General Motors, Stellantis and Daimler Trucks set up sprawling plants to …
Explainer: Huawei’s pivotal role in the US-China tech war, from 5G to chips
Washington officials are now exploring additional sanctions on Huawei and its Chinese partners. Read more at straitstimes.com.
