Tag #Global Trade

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europe.chinadaily.com.cn

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Jul 21, 07:11

US Imposes Sweeping Tariffs, Raising Global Trade Tensions

The US is imposing tariffs ranging from 20% to 50% on over 20 trading partners starting August 1st, potentially expanding to 150 more, prompting concerns about global trade instability and the undermining of multilateral trade principles.

US Imposes Sweeping Tariffs, Raising Global Trade Tensions

The US is imposing tariffs ranging from 20% to 50% on over 20 trading partners starting August 1st, potentially expanding to 150 more, prompting concerns about global trade instability and the undermining of multilateral trade principles.

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What are the immediate consequences of the Trump administration's new tariff policy on global trade and economic growth?

The Trump administration is imposing tariffs ranging from 20% to 50% on over 20 trading partners, starting August 1st, with potential expansion to 150 more. This action is justified by the administration as a means to secure more favorable trade terms and address perceived trade imbalances, despite concerns about escalating trade tensions and undermining the multilateral trade order.

german.china.org.cn

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Jul 21, 13:15

China's Indispensable Role in Global Supply Chains

Apple's vice president Isabel Ge Mahe declared at the third China International Supply Chain Expo (CISCE) that global supply chains are dependent on China, as evidenced by the expo's 1200 exhibitors (a 15% increase in US exhibitors compared to the previous year) and over 6000 trade deals signed.

China's Indispensable Role in Global Supply Chains

Apple's vice president Isabel Ge Mahe declared at the third China International Supply Chain Expo (CISCE) that global supply chains are dependent on China, as evidenced by the expo's 1200 exhibitors (a 15% increase in US exhibitors compared to the previous year) and over 6000 trade deals signed.

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What is the primary global significance of China's role in international supply chains, as revealed by the recent China International Supply Chain Expo?

Supply chains cannot function without China," stated Isabel Ge Mahe, Apple's vice president, highlighting China's irreplaceable role in global supply chains during the recent China International Supply Chain Expo. The expo attracted 1200 exhibitors, with US exhibitors increasing by 15% compared to the previous year, underscoring the global reliance on China's capabilities. Over 6000 trade deals were signed.

smh.com.au

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Jul 21, 07:11

China Admits Industrial Overcapacity, Signaling Economic Shift

China's government has acknowledged overcapacity in several key industrial sectors, including electric vehicles, solar panels, and batteries, after years of denying the problem, due to a model prioritizing investment and production, leading to global trade disputes and economic imbalances.

China Admits Industrial Overcapacity, Signaling Economic Shift

China's government has acknowledged overcapacity in several key industrial sectors, including electric vehicles, solar panels, and batteries, after years of denying the problem, due to a model prioritizing investment and production, leading to global trade disputes and economic imbalances.

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Responsible Consumption and Production

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What are the immediate consequences of China's admission of overcapacity in key industrial sectors?

China's government acknowledges overcapacity in key sectors like electric vehicles (EVs), solar panels, and batteries, marked by price wars, falling factory utilization, and persistent trade surpluses despite declining domestic factory-gate prices. This admission follows years of denying the issue and prioritizing investment and production, leading to overinvestment and reliance on exports as a safety valve.

usa.chinadaily.com.cn

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Jul 20, 07:09

China's Foreign Trade Reaches $6.16 Trillion, Plans for Further Growth

China's foreign trade hit $6.16 trillion in 2024, its eighth consecutive year as the world's largest trading nation; the country plans to boost exports further through innovation and international cooperation during its next Five-Year Plan (2026-30), attracting more foreign investment with new incen...

China's Foreign Trade Reaches $6.16 Trillion, Plans for Further Growth

China's foreign trade hit $6.16 trillion in 2024, its eighth consecutive year as the world's largest trading nation; the country plans to boost exports further through innovation and international cooperation during its next Five-Year Plan (2026-30), attracting more foreign investment with new incen...

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How do China's initiatives to attract foreign investment contribute to its overall trade growth and economic development?

This growth reflects China's resilience in navigating external pressures and its commitment to high-quality trade development. The government's focus on upgrading products, expanding markets, and fostering efficient supply chains contributes to this success. Foreign investment also plays a significant role, with foreign-invested companies contributing substantially to China's trade and economic growth.

abcnews.go.com

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Jul 19, 16:13

Trump Tariffs Yield Unexpected Revenue, Spark Investment Pledges Amid Uncertainty

President Trump's tariffs, despite initial recession forecasts, have generated over \$100 billion in tax revenue in 2024 and prompted some companies to pledge increased US investment; however, concerns exist about the sustainability of these investments and the potential inflationary impact of highe...

Trump Tariffs Yield Unexpected Revenue, Spark Investment Pledges Amid Uncertainty

President Trump's tariffs, despite initial recession forecasts, have generated over \$100 billion in tax revenue in 2024 and prompted some companies to pledge increased US investment; however, concerns exist about the sustainability of these investments and the potential inflationary impact of highe...

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How have companies responded to the tariffs, and what are the potential long-term implications of their investment pledges?

While the tariffs have yielded higher-than-expected tax revenue and elicited investment pledges from companies like Apple and Hyundai, concerns remain about the long-term commitment of these firms and the potential for inflation due to increased prices on imported goods. The current effective tariff rate is 20.6%, the highest since 1910.

cnn.com

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Jul 17, 10:14

Trump Threatens Sanctions on China, India Over Russian Oil Purchases

Former US President Donald Trump threatened secondary sanctions against China and India for buying Russian oil, aiming to pressure Russia to end the war in Ukraine; this could disrupt global oil markets and trigger price increases.

Trump Threatens Sanctions on China, India Over Russian Oil Purchases

Former US President Donald Trump threatened secondary sanctions against China and India for buying Russian oil, aiming to pressure Russia to end the war in Ukraine; this could disrupt global oil markets and trigger price increases.

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No Poverty

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What are the potential long-term geopolitical implications of using secondary sanctions as a tool to influence the conflict in Ukraine?

The success of Trump's proposed sanctions hinges on the willingness of China and India to comply. Both countries have deep strategic ties with Russia and may be reluctant to change course without a compelling alternative. The potential for global economic instability from oil price shocks adds further complexity to this strategy.

usa.chinadaily.com.cn

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Jul 21, 07:11

Trump Administration Imposes Sweeping Tariffs, Reshaping Global Trade

The Trump administration imposed tariffs ranging from 20-50% on over 20 trading partners, effective August 1st, aiming to reshape global trade in favor of US interests, prompting warnings of retaliation and heightened uncertainty, while experts warn of negative long-term economic consequences and a ...

Trump Administration Imposes Sweeping Tariffs, Reshaping Global Trade

The Trump administration imposed tariffs ranging from 20-50% on over 20 trading partners, effective August 1st, aiming to reshape global trade in favor of US interests, prompting warnings of retaliation and heightened uncertainty, while experts warn of negative long-term economic consequences and a ...

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How does the targeting of developing economies in the Global South impact the broader global economic landscape?

These tariffs reflect a dissatisfaction with past trade negotiations and represent an escalation of pressure tactics to secure more favorable trade terms. The targeting of emerging and developing economies in the Global South, comprising three-fourths of the targets, risks disrupting their export-led growth and potentially pushing the global economy toward recession. This unilateral approach undermines established multilateral trade principles, such as those of the WTO.

welt.de

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Jul 21, 10:12

Red Sea Conflict Fuels 46% Surge in EU Container Ship CO2 Emissions

CO2 emissions from container ships in the EU surged by 46% in 2024, reaching 52.8 million tons, largely due to ships rerouting around the Red Sea to avoid Houthi attacks, highlighting the climate impact of geopolitical instability.

Red Sea Conflict Fuels 46% Surge in EU Container Ship CO2 Emissions

CO2 emissions from container ships in the EU surged by 46% in 2024, reaching 52.8 million tons, largely due to ships rerouting around the Red Sea to avoid Houthi attacks, highlighting the climate impact of geopolitical instability.

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Climate Action

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What is the primary cause for the substantial increase in CO2 emissions from container ships operating within the EU's jurisdiction in 2024?

EU data reveals a 46% surge in CO2 emissions from container ships in 2024, reaching 52.8 million tons—nearly equaling Greece's annual emissions. Sea-Intelligence attributes a significant portion of this increase to ships rerouting around the Red Sea due to Houthi attacks, resulting in an estimated 18 million tons of extra CO2.

africa.chinadaily.com.cn

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Jul 20, 10:09

China to Boost Exports, Deepen International Cooperation During Next Five-Year Plan

China's commerce minister announced plans to boost exports and foster an open global trading landscape during the 2026-30 Five-Year Plan, building on 2024's $6.16 trillion in foreign trade, an increase of 32.4 percent from 2020, and the introduction of 12 measures to attract foreign investment.

China to Boost Exports, Deepen International Cooperation During Next Five-Year Plan

China's commerce minister announced plans to boost exports and foster an open global trading landscape during the 2026-30 Five-Year Plan, building on 2024's $6.16 trillion in foreign trade, an increase of 32.4 percent from 2020, and the introduction of 12 measures to attract foreign investment.

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Decent Work and Economic Growth

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What are the long-term implications of China's efforts to deepen international cooperation and attract foreign investment for the global economic landscape?

China's proactive approach to attracting foreign investment, evidenced by the introduction of 12 targeted measures and the success of initiatives like the AEO program, signals a commitment to sustained economic growth and global trade leadership. The focus on high-quality development, technological advancement, and multilateral cooperation positions China for continued dominance in the global marketplace despite protectionist pressures. The success of foreign invested companies like Jiangsu Mobis highlights the effectiveness of these policies.

nbcnews.com

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Jul 19, 04:14

Global Opinion Shifts on China Economic Ties Amid Trump's Trade Policies

New Pew Research Center surveys across 25 countries reveal a shift in global opinion, with growing preference for closer economic ties with China over the U.S. in several nations, particularly Australia and Mexico, potentially impacting U.S. foreign policy and economic influence.

Global Opinion Shifts on China Economic Ties Amid Trump's Trade Policies

New Pew Research Center surveys across 25 countries reveal a shift in global opinion, with growing preference for closer economic ties with China over the U.S. in several nations, particularly Australia and Mexico, potentially impacting U.S. foreign policy and economic influence.

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How have President Trump's trade policies influenced the global perception of economic ties with the U.S. versus China?

President Trump's trade policies have significantly altered global opinions on economic ties with China, as evidenced by Pew Research Center surveys across 25 countries. The surveys reveal a growing preference for closer economic relations with China over the U.S. in several nations, notably Australia and Mexico, potentially impacting future geopolitical strategies.

bbc.com

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Jul 17, 01:10

Canada Restricts Steel Imports to Counter US Tariffs

Canadian Prime Minister Mark Carney announced new measures to restrict tariff-free imports of foreign steel by 50%, aiming to protect domestic producers from US tariffs and reduce reliance on the US market. These measures include a 50% tariff on imports exceeding 50% of 2024 volumes from countries w...

Canada Restricts Steel Imports to Counter US Tariffs

Canadian Prime Minister Mark Carney announced new measures to restrict tariff-free imports of foreign steel by 50%, aiming to protect domestic producers from US tariffs and reduce reliance on the US market. These measures include a 50% tariff on imports exceeding 50% of 2024 volumes from countries w...

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What immediate actions is the Canadian government taking to counter the negative impacts of US steel tariffs?

Canada will restrict tariff-free import of foreign steel by 50% to protect domestic manufacturers impacted by US tariffs. This follows a 30% decline in steel production since March, when the US imposed tariffs, and aims to reduce Canada's reliance on US markets.

dw.com

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Jul 17, 01:10

Brazil Protests US Tariff Threat, Proposes Negotiations Amid Trade Dispute

The Brazilian government protested a US threat to impose a 50% tariff on all Brazilian exports starting August 1st, citing a $410 billion trade deficit over 15 years and proposing negotiations despite a simultaneous US investigation into alleged unfair Brazilian trade practices.

Brazil Protests US Tariff Threat, Proposes Negotiations Amid Trade Dispute

The Brazilian government protested a US threat to impose a 50% tariff on all Brazilian exports starting August 1st, citing a $410 billion trade deficit over 15 years and proposing negotiations despite a simultaneous US investigation into alleged unfair Brazilian trade practices.

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How does Brazil's $410 billion trade deficit with the US affect the current trade dispute?

Brazil's protest highlights a $410 billion trade deficit over 15 years with the US. The Brazilian government argues the tariffs negatively impact both economies, jeopardizing a long-standing economic partnership. Despite rising tensions, Brazil seeks a mutually acceptable solution.

Showing 1 to 12 of 1,327 results