Tag #Trade War

news.sky.com
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Tesla's China Success Hinges on Musk-China Ties Amidst US Tensions

Tesla's Shanghai Gigafactory, producing almost a million cars yearly, thrives due to strong ties between Elon Musk and high-ranking Chinese officials, including Premier Li Qiang, despite potential US-China trade conflicts under the incoming Trump administration.

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44% Bias Score

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theglobeandmail.com
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US Stock Futures Rise on New Year's Trading Day

US stock index futures rose in premarket trading on January 2, 2025, driven by hopes for economic growth under a new administration and further interest rate cuts, despite concerns about inflation and potential trade wars.

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40% Bias Score

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theglobeandmail.com
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Trump's Trade Policies Pose Existential Threat to Canada

A group of Canadian experts warns that Donald Trump's trade policies represent the most serious threat to Canada's sovereignty and economic prosperity since World War II, urging increased export diversification, faster approval of resource projects, and a significant increase in defense spending to ...

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spanish.china.org.cn
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Xinjiang Cotton Production Reaches Record High Despite Western Sanctions

Xinjiang's 2024 cotton production hit a record 5.69 million tons, a 574,000-ton increase, comprising 92.2% of China's total; this growth occurred despite Western sanctions based on unsubstantiated claims of forced labor, with China's cotton exports surging 167.3% year-on-year in the first half of 20...

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aljazeera.com
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Canada Seeks to Avert Trump's Tariff Threat in Florida Talks

Canadian Finance Minister Dominic LeBlanc and Foreign Affairs Minister Melanie Joly met with Donald Trump's aides in Florida to discuss the US president-elect's threat to impose 25% tariffs on Canadian goods due to concerns about illegal immigration and drug trafficking; the ministers highlighted th...

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europe.chinadaily.com.cn
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US Solar Tariffs to Hike Prices, Disrupt Supply Chains

New US tariffs on solar cells from several Asian countries, including a doubled tariff on Chinese imports, are predicted to increase inflation, disrupt supply chains, and potentially slow down the US solar market's growth, despite incentives from the Inflation Reduction Act.

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Affordable and Clean Energy
forbes.com
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Trump's 1980s Trade Policies Pose Risk to Japan

President-elect Trump's 1980s-style trade policies could negatively impact Japan due to a potentially weakening yen and insufficient trade concessions, potentially escalating into a trade war.

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44% Bias Score

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cnbc.com
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Euro and Pound Hit Multi-Month Lows Against Dollar Amidst Trump's Return

The euro and British pound reached multi-month lows against the U.S. dollar on Thursday, dropping to \$1.031 and \$1.239 respectively, due to optimism surrounding the U.S. economy and anticipation of Trump's return to the White House, along with downbeat forecasts for Europe.

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lexpress.fr
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Trump's Return Threatens to Plunge France into Recession

France's economic situation has worsened due to political instability and increased public spending, with the return of Donald Trump posing a major threat through potential trade conflicts that could reduce French GDP growth by 0.5% in 2025 and trigger a recession.

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theglobeandmail.com
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China's Manufacturing Growth Stalls Despite Stimulus, Trade Risks Loom

China's official December PMI edged up to 50.1, indicating slight manufacturing growth but below forecasts, while services and construction sectors recovered; however, negative export orders and employment persist amid concerns over US tariffs and the property crisis.

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44% Bias Score

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africa.chinadaily.com.cn
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China's Strategic Response to U.S. Semiconductor Crackdown

China is prepared to counter the U.S.'s tightening semiconductor export controls with its own measures, prioritizing a long-term strategic approach focused on technological advancement and international cooperation, rather than immediate retaliation.

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german.china.org.cn
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Chinese EVs Thrive in Europe Despite High Tariffs

Despite 35.3% EU tariffs, Chinese EV maker Xpeng delivered its 10,000th vehicle in Europe in November 2024, while Chinese EV sales nearly matched Tesla's, indicating strong market penetration and competitiveness.

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48% Bias Score

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