China's Xi JInping will attempt to use Donald Trump's penchant for transactional deal making in order to avoid new export restrictions and support for Taiwan.
US President Donald Trump has relaunched the trade war with China, by threatening to impose a 10 per cent duty on imports from Beijing, AFP reported. In his second term, Donald Trump has hinted of imposing a 10% tariff on imports of Chinese-made goods from February 1.
On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.
US President Donald Trump said he could impose 10% tariffs on Chinese goods from February 1. China's stock markets fell after Trump's comments, breaking several straight days of gains. Trump had said he could slap tariffs of 25% on Canada and Mexico from February 1.
President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.
On the campaign trail, Mr Trump promised a 10 per cent to 20 per cent charge on all imported goods and 60 per cent on Chinese products. He also vowed a 25 per cent tariff on all products from Canada and Mexico, and an additional 10 per cent duty on Chinese goods.
Markets were cautiously optimistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
President Donald Trump’s tariff plans are the great unknown in the global economy right now — and it’s partly because his team is still trying to figure out what to do.
ROGER W. FERGUSON, JR., is the Steven A. Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations.
It is now a weapon being used against us.” Trump’s skepticism about U.S. support for Ukraine and Taiwan, his eagerness to impose tariffs, and his threats to retake the Panama Canal, absorb Canada, and acquire Greenland make it clear that he envisions a return to nineteenth-century power politics and spheres of interest,
Chinese bloggers, state media and local citizens have welcomed DeepSeek's global success with pride and glee, with some saying the homegrown AI startup's meteoric rise is a sign China is beating back Washington's attempts to contain the country's tech industry.