
Trump’s Second-Term Trade Wars Ignite Global Economic Concerns
Donald Trump has reignited trade wars in his second term, raising concerns about global economic growth and business impacts.
News & Insights Across Asia
Donald Trump has reignited trade wars in his second term, raising concerns about global economic growth and business impacts.
China strongly opposes the US’s additional 10% tariff on goods, stating there are no winners in the trade war. China urges the US to resolve issues through equal consultation.
Australian academic Warwick Powell argues that US tariffs alone cannot revive its decaying manufacturing industry, which has been declining for over 50 years.
Repeated use of tariffs by the U.S. may backfire, warns Professor Amitav Acharya. Overused threats lose impact, potentially triggering a global butterfly effect that harms the U.S. economy.
China’s UN Ambassador Fu Cong opposes the U.S. tariff hike, calling it a violation of WTO rules and emphasizing that there are no winners in a trade war.
He Zhiguo, professor at Stanford University, views new US tariffs on Chinese exports as symbolic, cautioning potential financial market volatility in China after the Spring Festival.
Stanford Professor He Zhiguo describes the Trump administration’s new 10% tariffs on Chinese exports as a symbolic gesture with minimal impact on prices, cautioning about potential market volatility after Spring Festival.
Economist Xing Yuqing warns that President Trump’s tariff threats against Canada and Mexico may lead to America’s isolation in the global economy.
Economist Jeffrey Sachs warns that U.S. protectionist policies against China could harm the American economy, following President Trump’s imposition of new tariffs on Chinese imports.
The Chinese mainland announced new tariffs on US imports in response to recent US tariff hikes, escalating trade tensions between the two nations.
U.S. stocks closed lower on Monday as investors reacted to the Trump administration’s planned tariffs on Canada, Mexico, and China, fueling uncertainty in the markets.
U.S. President Donald Trump has imposed a new 10% tariff on all imports from the Chinese mainland, escalating trade tensions and raising concerns over the impact on global economic relations.
Economist Jeffrey Sachs warns that U.S. protectionist policies against the Chinese mainland could harm both nations and the global economy, emphasizing the benefits the U.S. has gained from China’s rise.
Economist Jeffrey Sachs warns that U.S. tariffs on the Chinese mainland are misguided and harmful, not only to the U.S. economy but also to the global economic landscape.
Canada imposes 25% tariffs on $30 billion worth of U.S. goods in retaliation to U.S. tariffs, escalating trade tensions between the two nations.
Canada retaliates with 25% tariffs on US goods worth C$30 billion, escalating trade tensions following US tariffs on Canadian imports.
Canada announces 25% tariffs on $30B worth of U.S. goods in retaliation to U.S. tariffs, escalating trade tensions between the two nations.
Canada announces 25% tariffs on US goods worth C$30 billion, targeting products like orange juice and appliances, in direct retaliation against US tariffs on Canadian imports.
The global economy faces new challenges as the U.S. imposes a 10% tariff on imports from the Chinese mainland. This escalation in trade tensions raises concerns about international economic recovery.
U.S. President Donald Trump’s new tariffs on imports from China, Canada, and Mexico spark global concerns over escalating trade wars and their potential impact on the global economy.