Business Insider looked at what the US imports the most from Mexico, Canada, and China to determine the products most likely to increase in price if Trump’s plans come to pass. The biggest categories are…
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Chinese Courier SF Holding to Start Trading After $749 Million HK IPO
The deal came as sentiment shifted on Chinese equities following Beijing’s stimulus blitz in late September. Investor mood, however, has started souring again amid disappointment over further fiscal …
China’s been trying to ‘Trump-proof’ its economy amid his tariff threats, experts say
U.S. trading partners are better equipped now to deal with President-elect Donald’s tariff threats than they were during his first administration, according to experts.
Foreign Carmakers Risk Losing Up to USD20 Billion a Year in Profit in China, UBS Says
(Yicai) Nov. 26 — Foreign automakers could lose as much as USD20 billion a year in profit in China as competition with Chinese rivals cranks up and the market shifts to electric and smart vehicles,…
As Trump’s tariff ‘surprise’ slams China’s exporters, is de-escalation even an option?
As the first wave of US tariffs proposed by US president-elect Donald Trump gathers momentum, China is holding firm – trying to talk up domestic sentiments while rallying the confidence of foreign investors.
Trump Threatens 25% Import Tariffs on Mexico, Canada, Additional 10% on China
President-elect Donald Trump said he plans to impose 25% tariffs on all imports from Mexico and Canada and an additional 10% on goods from China, in moves likely to ramp up tensions with America’s three…
Mexico defends China actions amid scrutiny over its USMCA future
Mexican President Claudia Sheinbaum touted efforts to substitute Chinese imports with locally produced alternatives and downplayed comments from Canadian policymakers that raised questions over Mexico’s future in a North American trade pact.
Hong Kong aims to revive IPOs with speedy approvals for mainland Chinese firms
Listing approvals for China’s onshore-listed companies will be streamlined provided they meet certain criteria, HKEX CEO Bonnie Chan says.
This is the worst market correction in crypto history; here’s why
Donald Trump’s win and promises may have catapulted crypto coins to new all-time highs, but they won’t sustain the market. The crypto market is under pressure, losing about 7.69% in 24 hours, down to …
Trump’s sharp tariff hikes could speed up China’s shift to new markets and offshore factories
“We don’t know now.” A 60% tariff would have a severe impact on Chinese exports to the U.S., said Tu Xinquan, director of the China Institute for WTO Studies at the University of International Business…
What the U.S. imports from Canada, Mexico and China, as Trump vows tariffs
President-elect Donald Trump said he would impose the import tariffs — 25 percent for Canada and Mexico and 10 percent for China — as soon as he takes office.
China warns ‘no one will win a trade war’ after Trump vows new tariffs on imports
In a series of posts to his Truth Social account, Trump on Monday vowed to hit some of the United States’ largest trading partners with duties on all goods entering the country.
Foreign Carmakers Risk Losing Annual USD20 Billion in China Profits, UBS Research Chief Says
(Yicai) Nov. 26 — Foreign automakers face a potential loss of USD20 billion in annual profits in China driven by the rapid advancements of local competitors in electrification and vehicle …
