News & Insights Across Asia
U.S. farmers are preparing for potential tariffs as President-elect Donald Trump threatens a 60% tariff on Chinese goods in 2025, raising fears of a renewed trade dispute impacting agriculture.
The U.S. economy in 2024 has outperformed expectations with robust growth, but analysts warn that inflation and tariffs could pose significant risks heading into 2025, impacting Asian economies.
U.S. President Joe Biden criticized President-elect Donald Trump’s tariff approach, calling it ‘a major mistake’ and warning of negative impacts on the American economy.
Experts warn that Trump’s threat to impose 100% tariffs on BRICS nations moving away from the U.S. dollar could backfire, accelerating de-dollarization efforts.
China responds to U.S. President-elect Trump’s tariff threats, emphasizing that BRICS nations advocate openness and cooperation without targeting any third party, aiming for shared development and prosperity.
Economist Richard Wolff warns that President-elect Trump’s proposed tariffs on the Chinese mainland could backfire by causing a surge in US inflation, impacting American consumers and businesses.
Trump’s recent tariff threats against key trading partners aim to address complex issues like drug trafficking and illegal migration but risk causing economic fallout without solving underlying problems.
President Joe Biden urges President-elect Donald Trump to reconsider tariffs on Mexico and Canada, warning of strained relations with key allies.
Mexico warns that proposed tariffs by U.S. President-elect Donald Trump could lead to 400,000 U.S. job losses and higher consumer prices, pledging retaliation if tariffs are implemented.
China and Mexico have refuted tariff threats made by former U.S. President Donald Trump over fentanyl concerns, emphasizing cooperation and mutual understanding instead of punitive measures.
China warns that ‘no one will win in a trade war’ after President-elect Donald Trump announces plans to impose new tariffs on Chinese imports, raising concerns over global economic impacts.
American businesses and consumers are shouldering the costs of tariffs, leading to higher expenses and economic challenges. Tariff relief could boost growth and competitiveness in the U.S. economy.
An analysis of how the US counter-multilateralism trade policy poses significant risks to global trade dynamics, regardless of the upcoming 2024 presidential election outcome.
China has filed a lawsuit against the EU’s decision to impose steep new tariffs on Chinese-made electric vehicles, following an anti-subsidy investigation by the European Commission.
The Chinese mainland rejects the EU’s imposition of anti-subsidy duties on China-made electric vehicles, calling it a ‘protectionist’ move, and files a lawsuit with the WTO.
China has expressed disapproval of the European Commission’s decision to impose extra tariffs on Chinese-made electric vehicles, calling it irrational and protectionist.
China is considering increasing tariffs on imported fuel-powered vehicles with large engines to protect domestic industries, the Ministry of Commerce announced.
The U.S. has imposed increased tariffs on Chinese electric vehicles, but with minimal exports to the U.S., China’s booming EV industry remains largely unaffected and continues its rapid global expansion.
NIO President Qin Lihong discusses the impact of tariffs on the automotive industry at the WNEVC 2024, emphasizing that while tariffs won’t last forever, companies must adapt to current trade challenges.
The EU’s decision to impose tariffs on electric vehicle imports from the Chinese mainland has strained trade relations, raising concerns about a potential trade war affecting both economies and industries.
