America’s mass manufacturing revolution more than a century ago – embodied in the Ford Model T – changed everything. China is doing the same now.
Tagged By finance
Trump’s China tariffs are shutting the big loophole that make Shein and Temu so cheap
When President Trump pushed ahead with a 10% tariff on all Chinese merchandise, he also closed the century-old de minimis exemption, which allows packages worth under $800 to be shipped into the country duty-free.
Gold Rises to a New Record as Trump Embarks on China Trade War
Gold rose to a new all-time high after US President Donald Trump’s 10% tariffs on China prompted swift retaliation from Beijing, buoying haven demand.
Trump has less leverage over China than during prior trade war – Wells Fargo
Investing.com – U.S. President Donald Trump may have “less leverage” in his recent trade spat with China than during a similar conflict in his prior administration, according to analysts at Wells …
China Moves to Bolster Currency Despite Trump Tariffs
Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a weaker currency to offset new U.S. tariffs. The People’s Bank of C
China’s markets return from holiday to US trade war, DeepSeek rally
China’s stocks and currency came under pressure as markets returning from a week-long break were greeted by a new trade dispute with the United States and ructions in the global artificial …
China’s speedy tariffs show it’s better prepared for Trump this time around — and much more measured
Experts told Business Insider that the targeted and calibrated nature of the response doesn’t mean Beijing is backing down.
China keeps yuan stable against US dollar: what it means for the trade war
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined to do so.
Trump in no hurry to talk to Xi amid new tariff war
The Aga Khan, known for his triumphs in horse racing, dazzling wealth and development work around the world, has died in Lisbon at the age of 88, according to the Aga Khan Development Network on…
China stocks suffer brutal reversal as traders return from holiday
China’s sharemarket erased a near 1 per cent opening gain as traders returned from a week-long holiday to simmering tensions with the US.
China markets return from holiday facing trade war and AI rally
China’s markets return from a week’s break on Wednesday to a fresh trade dispute with the United States and ructions in the global artificial intelligence sector. Investors said they are watching for …
China Maintains Yuan Support Via Daily Fixing Amid Trade War
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the…
China considers antitrust investigation of Intel, Financial Times reports
Intel could be collateral damage in the Trump administration’s nascent trade war, with the Financial Times reporting that China is contemplating an antitrust investigation of the chipmaker.
