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January 21, 2025 at 12:45 PM [Getty Images] A top Chinese official has warned against protectionism, speaking out as Donald Trump's return to the White House renews the threat of a trade war.
Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the ...
Gradually increasing tariffs by 2% to 5% a month (Bloomberg, Jan. 13, 2025) Implementing additional 25% tariffs on imports from Mexico and Canada and an extra 10% on goods from China (Truth Social ...
The Chinese economy, No. 2 in the world, is forecast to decelerate – from 4.8% last year to 4.6% in 2025 and 4.5% in 2026. A collapse in the Chinese housing market has undermined consumer ...
On January 23, 2018, news outlets announced that Trump had imposed tariffs on solar panels produced outside the United States. The tariffs initially start at 30% and will gradually fall to 15% in four years. [57] [58] The first 2.5 gigawatts of solar cells imported each year will be exempted from the tariff. [59]
A clash between Donald Trump and the Fed could develop in 2025 if the Fed pulls back on any expected interest rate cuts due to elevated inflation. Some economists expect Trump's policies to make ...
Trump, who takes office later in the day, has previously pledged tariffs of 10% on global imports, 60% on Chinese goods and a 25% import surcharge on Canadian and Mexican products, duties that may ...
Trump's second term is bringing back some concerns from his first term, adding pressure to the health sector. Tariff threats, drug pricing will be 2 key pharma issues during Trump's first year [Video]