Tag - trade-war

 
 

TRADE WAR

Mannequins are displayed inside a lingerie showroom at WeMet Industrial Park in the Guanyun county of Lianyungang, Jiangsu province, China, on Nov. 26.
BUSINESS / Economy
Dec 16, 2024
China's 'erotic clothing' capital braces for e-commerce crackdown
The development of the lingerie industry in eastern Guanyun county in China has exploded partly due to a U.S. tariff exemption likely to soon be curtailed or scrapped.
An electric vehicle charging station in Baker, California. The Inflation Reduction Act has spurred investment in EVs and other green technologies across the U.S. and President-elect Donald Trump should continue Joe Biden's climate-related industrial policy.
COMMENTARY / World
Dec 16, 2024
Green tech and U.S.-China rivalry: Two sides of the same coin
The incoming president should improve, not undo, Biden's industrial policies, which have boosted investment in green technologies, a key economic battleground.
Containers at the Yangshan deepwater port in Shanghai earlier this year. A new trade war with the U.S. would still hurt China more as Washington can levy ever-larger import duties on its goods and further rip the Asian giant from its supply chains, analysts say.
BUSINESS / Economy
Dec 13, 2024
China eyes negotiations as Trump threatens new tariffs
Beijing is seeking to amass bargaining chips to kick off talks with a new U.S. administration on contentious aspects of its ties with Washington.
Akihisa Nagashima, national security adviser to Prime Minister Shigeru Ishiba, speaks during an interview in Tokyo on Thursday.
JAPAN / Politics
Dec 13, 2024
Japan must brace and prepare for Trump tariffs, top adviser says
"Japan must be prepared for Trump following through on his plans,” says Prime Minister Ishiba's national security adviser Akihisa Nagashima.
U.S. President-elect Donald Trump on the floor of the New York Stock Exchange as he takes part in the Wall Street bell ringing in Manhattan, on Thursday
BUSINESS / Economy
Dec 13, 2024
No winners seen in Trump’s ‘destructive’ energy tariffs
Tariffs threaten to be particularly troublesome for a North American energy industry that has been tightly integrated for decades and already favors U.S. interests.
A Toyota production line in New Jersey. The U.S. is a key market for Japanese automakers, who are closely monitoring policy changes in Washington as the incoming Trump administration is likely to change the course set by President Joe Biden.
COMMENTARY / Japan / Geoeconomic Briefing
Dec 12, 2024
Japan’s auto industry looks down the road to Trump presidency
Of the cars sold in the U.S., 40% are from Japanese makers, who are determined to hold onto this market share despite Washington's policy vagaries in the auto field.
A production line at Mazda's plant in Salamanca, Guanajuato state, Mexico
BUSINESS / Companies
Dec 12, 2024
Mazda’s Mexico investment to hinge on Trump’s tariff decisions
Mazda joins a growing number of auto firms that have either paused or signaled they may reconsider plans in the country.
Izumi Kobayashi, director of Mizuho Financial, Omron and ANA, speaks during the Reuters Next conference in New York on Tuesday.
BUSINESS
Dec 11, 2024
Mizuho director says companies should not overreact to Trump's tariff threats
It would be difficult for companies to withdraw from China given its mammoth size, said Izumi Kobayashi.
The Internet Society of China has urged domestic companies to think carefully before procuring chips from the U.S.
WORLD / Politics
Dec 4, 2024
U.S. chips 'no longer safe,' Chinese industry bodies say in latest salvo
Their advice could affect U.S. chipmaking giants like Nvidia, AMD and Intel, which have managed to keep selling products in China despite export controls.
Beijing has banned the export of gallium, germanium and antimony to the U.S.
WORLD / Politics
Dec 4, 2024
China dials up U.S. trade tension with tit-for-tat metals export ban
The targeted metals are used in everything from semiconductors to satellites and night-vision goggles.
Teck Resources signage during the Prospectors & Developers Association of Canada conference in Toronto, Canada, on March 2, 2020
WORLD / Politics
Dec 4, 2024
Canada mining group uses China ban to push back on Trump's tariffs
Trade tensions with the U.S. are escalating after President-elect Donald Trump threatened to slap 25% tariffs on all goods coming from Canada and Mexico.
Mexican President Claudia Sheinbaum delivers a speech during the inauguration of a family medicine unit in San Nicolas de los Garza, Nuevo Leon State, Mexico, on Saturday.
WORLD / Politics / FOCUS
Dec 1, 2024
Trump’s demand that Mexico stop migrants and drugs may never be met
Mexico's new leader must find ways to appease Trump while avoiding the perception that she easily bends to U.S. demands.
Canadian Prime Minister Justin Trudeau leaves the Delta Hotel on his way to meet U.S. President-elect Donald Trump at Mar-a-Lago, in West Palm Beach, Florida, on Friday.
WORLD / Politics
Nov 30, 2024
Canada’s Justin Trudeau holds crucial meeting with Trump in Florida
Trudeau was the first Group of Seven leader to have a face-to-face meeting with Trump since the U.S. election.
Then-U.S. President Donald Trump attends the Group of 20 summit in Osaka in June 2019.
EDITORIALS
Nov 29, 2024
Japan should prepare for tariff-loving Trump
U.S. President-elect Donald Trump's focus on tariffs as a core economic strategy could disrupt global trade.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19.
BUSINESS / Economy
Nov 27, 2024
Trump names trade envoy and top economic advisor to fill policy team
The U.S. president-elect named Jamieson Greer his trade representative and picked Kevin Hassett as his top economic adviser.
U.S. President Donald Trump holds a bilateral meeting with then-Prime Minister Shinzo Abe on the sidelines of the United Nations General Assembly in New York in September 2019. Tokyo may be forced to balance its priorities in the U.S. alliance with its economic reliance on China.
COMMENTARY / Japan
Nov 27, 2024
Trump's return heralds a new era of trade tensions for Japan
Tokyo faces a balancing act: aligning with Washington's priorities while maintaining its critical economic ties to China.
Beijing’s long-standing line has been a commitment to keep the yuan "basically stable.” But U.S. President-elect Donald Trump’s return — and his threat of tariffs — may test that.
COMMENTARY
Nov 27, 2024
China will send a weaker yuan to the Trump front
Beijing’s long-standing line has been a commitment to keep the yuan "basically stable.” But Trump’s return with his tariff threats may test that.
Trucks wait near the Zaragoza-Ysleta border crossing bridge to cross into the U.S., in Ciudad Juarez, Mexico, on Monday.
WORLD / Politics
Nov 27, 2024
Trump tariffs would harm all involved, U.S. trade partners say
Officials warn a trade war could erupt and damage economies, and seek talks with Trump after his surprise announcement of hefty tariffs on Mexico, Canada and China.
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
BUSINESS / Economy
Nov 26, 2024
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
The president-elect says he will sign executive orders to enforce the measures when he returns to the White House on Jan. 20.

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