Tag #Global Economy

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us.cnn.com

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Apr 17, 04:12

US-China Trade War: Over 80% Trade Drop Imminent

Strained US-China trade relations threaten a more than 80% drop in trade volume, impacting global markets and potentially leading to a prolonged economic slowdown, with China employing increasingly sophisticated retaliatory tactics.

US-China Trade War: Over 80% Trade Drop Imminent

Strained US-China trade relations threaten a more than 80% drop in trade volume, impacting global markets and potentially leading to a prolonged economic slowdown, with China employing increasingly sophisticated retaliatory tactics.

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How has China's response to the trade conflict evolved, and what are the implications of its new strategic approach?

The Trump administration's approach, potentially aiming to economically weaken China, is escalating the conflict beyond tit-for-tat tariffs. China's retaliatory actions, such as restricting Boeing deliveries and rare-earth exports, demonstrate a more strategic and economically potent response.

edition.cnn.com

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Apr 17, 16:15

China Uses TikTok to Undermine Trump Tariffs

Chinese suppliers are using TikTok to encourage Americans to bypass President Trump's 145% tariffs by ordering directly from their factories, raising concerns about authenticity and highlighting the extent of US reliance on Chinese goods.

China Uses TikTok to Undermine Trump Tariffs

Chinese suppliers are using TikTok to encourage Americans to bypass President Trump's 145% tariffs by ordering directly from their factories, raising concerns about authenticity and highlighting the extent of US reliance on Chinese goods.

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How are Chinese suppliers using TikTok to mitigate the impact of President Trump's tariffs on American consumers?

Chinese suppliers are aggressively marketing on TikTok, urging American consumers to circumvent President Trump's 145% tariffs by purchasing directly from their factories. Experts doubt the authenticity of these suppliers, suggesting the videos highlight consumer anxieties about tariffs and dependence on Chinese goods. TikTok has yet to comment.

german.china.org.cn

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Apr 17, 16:15

China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025

During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.

China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025

During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.

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How effectively did China's economic diversification and innovation offset the negative impacts of increased US tariffs in the first quarter of 2025?

In the first quarter of 2025, China's high-tech manufacturing sector saw a 9.7% increase in value added, exceeding the national average for large industrial firms by 3.2 percentage points. Domestic demand contributed over 80% to economic growth over the past five years, showcasing a shift away from export reliance.", A2="China's diversified economy, driven by domestic demand and innovation, mitigated the impact of increased US tariffs. High-tech investment growth signals a long-term strategy for sustained economic development, demonstrating resilience against external pressures.", A3="While short-term pressure from US tariffs is acknowledged, China's robust domestic market and focus on innovation position it for continued growth. The country's comprehensive industrial system and macroeconomic policies provide a strong foundation for achieving its developmental goals despite global uncertainties.", Q1="How effectively did China's economic diversification and innovation offset the negative impacts of increased US tariffs in the first quarter of 2025?", Q2="What specific role did domestic demand and high-tech investment play in China's economic performance during this period of heightened global trade tensions?", Q3="Considering the escalating global trade protectionism, what are the long-term implications of China's current economic strategy and its capacity to withstand future external shocks?", ShortDescription="During the first quarter of 2025, despite increased US tariffs, China's economy showed resilience, driven by domestic demand (contributing over 80% to growth in the last five years) and a 9.7% increase in high-tech manufacturing value added, exceeding the national average by 3.2 percentage points.", ShortTitle="China's Economy Shows Resilience Amidst Rising US Tariffs in Q1 2025"))

theglobeandmail.com

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Apr 17, 16:15

Trump Announces Progress in Japan Tariff Talks

President Trump declared "big progress" in tariff talks with Japan on Wednesday, including discussions on U.S. troop costs, despite Japan initially expecting preliminary talks. A second meeting is planned for this month.

Trump Announces Progress in Japan Tariff Talks

President Trump declared "big progress" in tariff talks with Japan on Wednesday, including discussions on U.S. troop costs, despite Japan initially expecting preliminary talks. A second meeting is planned for this month.

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What immediate economic or political impacts resulted from President Trump's involvement in the Japan tariff talks?

President Trump announced "big progress" in tariff talks with Japan, focusing on issues like U.S. troop hosting costs. A second meeting is scheduled for later this month, indicating a potential expedited negotiation process. The dollar strengthened against the yen following the talks.

zeit.de

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Apr 17, 19:19

IMF Warns of Growing Global Economic Strain Amidst Trade Conflicts

IMF chief Kristalina Georgieva warned of downward revisions in global growth forecasts due to escalating trade conflicts and eroding trust in multilateralism, urging international cooperation and specific policy adjustments for the US and Europe to mitigate the risks.

IMF Warns of Growing Global Economic Strain Amidst Trade Conflicts

IMF chief Kristalina Georgieva warned of downward revisions in global growth forecasts due to escalating trade conflicts and eroding trust in multilateralism, urging international cooperation and specific policy adjustments for the US and Europe to mitigate the risks.

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How do the escalating trade tensions disproportionately affect smaller economies, and what are the underlying causes of this vulnerability?

Georgieva highlighted the erosion of trust in multilateralism and the international trade system as a root cause of the economic slowdown. Increased tariffs and trade barriers are hindering global exchange and fueling a sense of economic disadvantage, impacting smaller economies disproportionately due to their reliance on open trade.

zeit.de

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Apr 17, 16:15

ECB Cuts Interest Rate Amidst Trump's Trade Uncertainty

The European Central Bank lowered the Eurozone's key interest rate by 0.25 percentage points to 2.25 percent on [Date], its seventh cut since June 2024, in response to disinflation and uncertainty fueled by US President Trump's trade policies, despite a current inflation rate of 2.2 percent.

ECB Cuts Interest Rate Amidst Trump's Trade Uncertainty

The European Central Bank lowered the Eurozone's key interest rate by 0.25 percentage points to 2.25 percent on [Date], its seventh cut since June 2024, in response to disinflation and uncertainty fueled by US President Trump's trade policies, despite a current inflation rate of 2.2 percent.

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How do the US tariffs contribute to the ECB's decision, and what are the projected consequences for Eurozone growth?

The ECB's rate cut reflects a disinflationary trend and heightened uncertainty stemming from Trump's tariffs. While the 2.2 percent inflation rate is near the ECB's two percent target, the trade war risks significantly impacting Eurozone growth, projected at a mere 0.9 percent in 2025.

smh.com.au

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Apr 17, 22:11

US-China Trade War: Echoes of the Korean War

The article analyzes the US-China relationship, highlighting the miscalculation of China's strength during the Korean War as a parallel to current trade tensions. It explores the potential for economic conflict due to China's control over critical minerals and its historical resolve.

US-China Trade War: Echoes of the Korean War

The article analyzes the US-China relationship, highlighting the miscalculation of China's strength during the Korean War as a parallel to current trade tensions. It explores the potential for economic conflict due to China's control over critical minerals and its historical resolve.

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What are the potential long-term consequences of an economic decoupling between the US and China, and what strategies could mitigate these risks?

The future of US-China relations hinges on a realistic assessment of China's capabilities and intentions. While China faces internal economic challenges, its strategic positioning in critical minerals and technology gives it significant leverage. Failure to acknowledge this reality could lead to further escalations and economic disruptions for both nations.

dailymail.co.uk

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Apr 17, 04:12

US-UK Trade Deal Expected Within Three Weeks

White House officials expect a US-UK trade deal within three weeks, part of a broader US strategy to counter China's economic influence; while the UK faces some tariffs, optimism for a comprehensive deal exists due to the strong bilateral relationship; Chancellor Reeves will continue negotiations in...

US-UK Trade Deal Expected Within Three Weeks

White House officials expect a US-UK trade deal within three weeks, part of a broader US strategy to counter China's economic influence; while the UK faces some tariffs, optimism for a comprehensive deal exists due to the strong bilateral relationship; Chancellor Reeves will continue negotiations in...

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What are the immediate implications of a rapid US-UK trade deal, given the ongoing trade war with China?

White House officials anticipate finalizing a trade deal with the UK within three weeks, following similar agreements with Japan, India, and South Korea, all aimed at countering China's influence. Britain's relative immunity from recent US tariffs, due to a balanced trade relationship, has contributed to optimism.

elmundo.es

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Apr 17, 16:15

ECB Cuts Interest Rates Amid US Tariff Concerns

The European Central Bank (ECB) cut interest rates by 0.25% to 2.25% on Thursday, its seventh cut since June 2024, citing negative impacts from US tariffs on Eurozone growth; inflation fell to 2.2% in March.

ECB Cuts Interest Rates Amid US Tariff Concerns

The European Central Bank (ECB) cut interest rates by 0.25% to 2.25% on Thursday, its seventh cut since June 2024, citing negative impacts from US tariffs on Eurozone growth; inflation fell to 2.2% in March.

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What immediate impact will the ECB's interest rate cut have on the Eurozone economy, considering the ongoing US trade conflict?

The European Central Bank (ECB) lowered interest rates by 0.25 percentage points to 2.25%, its seventh cut since June 2024, in response to US tariffs negatively impacting Eurozone growth. This sets the deposit facility rate at 2.25%, the main refinancing operations rate at 2.40%, and the marginal lending facility rate at 2.65%. The ECB acknowledges that trade tensions will negatively affect economic forecasts for the Eurozone.

theglobeandmail.com

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Apr 17, 16:15

TSX Rises on Energy Stocks Despite Dow's Fall Amid Trade Uncertainties

Thursday's opening bell saw Canada's TSX composite index rise 0.31% due to energy stocks, while the Dow fell 1.17% following UnitedHealth's 18% share drop and lowered profit forecast; positive sentiment stemmed from U.S.-Japan trade talks, despite ongoing tariff uncertainties and Federal Reserve Cha...

TSX Rises on Energy Stocks Despite Dow's Fall Amid Trade Uncertainties

Thursday's opening bell saw Canada's TSX composite index rise 0.31% due to energy stocks, while the Dow fell 1.17% following UnitedHealth's 18% share drop and lowered profit forecast; positive sentiment stemmed from U.S.-Japan trade talks, despite ongoing tariff uncertainties and Federal Reserve Cha...

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Affordable and Clean Energy

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What were the immediate impacts of the U.S.-Japan trade talks and UnitedHealth's financial news on major stock market indices?

Energy stocks boosted Canada's TSX composite index by 0.31% to 24,182.37 points at 9:31 a.m. ET, while the Dow Jones Industrial Average fell 1.17% to 39,206.67 points due to UnitedHealth's 18% share drop after a lowered profit forecast. The S&P 500 and Nasdaq saw gains of 0.56% and 0.57%, respectively.

cnn.com

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Apr 17, 16:15

TikTok Becomes Battleground in US-China Trade War

Chinese suppliers are using TikTok to encourage US consumers to buy directly from their factories to avoid President Trump's tariffs, highlighting the extent of US reliance on Chinese goods and the impact of trade policies on consumer behavior.

TikTok Becomes Battleground in US-China Trade War

Chinese suppliers are using TikTok to encourage US consumers to buy directly from their factories to avoid President Trump's tariffs, highlighting the extent of US reliance on Chinese goods and the impact of trade policies on consumer behavior.

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How does the TikTok campaign reveal the depth of US consumer reliance on Chinese goods?

The influx of Chinese suppliers on TikTok underscores the economic consequences of President Trump's tariffs. Consumers are actively seeking ways to avoid higher prices, revealing a deep dependence on Chinese manufacturing. This strategy, while potentially risky for consumers due to product authenticity concerns, reflects the far-reaching implications of trade policy decisions.

usa.chinadaily.com.cn

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Apr 17, 16:15

Record Attendance at Canton Fair Highlights China's Resilient Foreign Trade

The 137th Canton Fair, held in April 2024, attracted a record 64,530 overseas buyers, showcasing China's resilient foreign trade; the fair featured 31,000 companies across 1.55 million square meters, highlighting China's production capacity and global trade influence.

Record Attendance at Canton Fair Highlights China's Resilient Foreign Trade

The 137th Canton Fair, held in April 2024, attracted a record 64,530 overseas buyers, showcasing China's resilient foreign trade; the fair featured 31,000 companies across 1.55 million square meters, highlighting China's production capacity and global trade influence.

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What is the significance of the record-high attendance at the 137th Canton Fair for China's global economic standing?

The 137th Canton Fair saw a record 64,530 overseas buyers, an 8.9% increase year-on-year, demonstrating strong resilience in Chinese foreign trade. This signifies China's continued economic strength and its ability to attract international business despite global uncertainties. The fair's total exhibition area reached 1.55 million square meters, with 31,000 participating companies.

Showing 25 to 36 of 1,559 results