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Trump, who has threatened to slap tariffs of 10% to 60% on goods from China, takes office on Jan. 20. During his first term, Trump mainly targeted Chinese parts and components.
Domestic reporting on the trade war is censored in China. While news outlets are permitted to report on the conflict, their coverage is subject to restrictions; the South China Morning Post said that employees for Chinese media were told not to "over-report" the trade war [335] while an article in The New York Times said that state news outlets ...
The Trump tariffs, along with the impacts of COVID-19, were a major factor in declining trade between China and the U.S. in 2019 and 2020. [ 234 ] : 142 Trade between the two countries subsequently rebounded significantly, and as of 2021 merchandise trade was down only marginally from its record high in 2018.
A number of conservative commentators also abruptly made statements in support of vaccination, including Fox News hosts Steve Doocy and Sean Hannity during broadcasts of Fox & Friends and Hannity respectively, Newsmax CEO and Trump confidant Christopher Ruddy (who praised Biden in an op-ed for "making a huge dent" in the pandemic by embracing ...
Figures from China showed retail sales rose just 3.0% in November, compared with a year earlier, well below market forecasts of 4.6% and evidence of the need for much more aggressive stimulus.
Trump's proposed policies of tariffs, tax cuts and big spending are part of the reason the Fed has turned cautious about policy easing next year. Markets now see fewer than two rate cuts next year.
Trump also implemented trade protectionism via tariffs, primarily on imports from China. [1] During Trump's first three years in office, the number of Americans without health insurance increased by 4.6 million (16%), [8] [9] while his tax cuts favored the top earners, and failed to deliver on its promises [10] worsened income inequality and ...
By August 2021, China had donated 700 million vaccine doses abroad, an amount more than all other countries had combined. [18]: 199 In 2022, infection rates increased, and on 3 April 2022, China reported 13,146 new cases of COVID-19 in the past 24 hours, which was the highest single-day total of new cases since the height of the 2020 outbreak.