
China’s Decreasing Dependence on U.S. Trade May Soften Impact of New Tariffs
China’s decreasing reliance on U.S. trade may lessen the impact of new 10% tariffs on Chinese exports, according to the Council on Foreign Relations.
News & Insights Across Asia
China’s decreasing reliance on U.S. trade may lessen the impact of new 10% tariffs on Chinese exports, according to the Council on Foreign Relations.
A 30-day pause on tariffs between the U.S., Canada, and Mexico opens the door for negotiations to resolve trade disputes and enhance border security.
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China urges the EU to reconsider provisional tariffs of up to 37.6% on Chinese electric vehicles, calling for dialogue to resolve the dispute and prevent harm to the global automotive industry.
China warns that the EU’s proposed tariffs on Chinese electric vehicles could harm global efforts to combat climate change and disrupt the automotive industry, urging the EU to reconsider its plans.
China will lift its tariffs on Australian wine starting Friday, a move welcomed by Australian Prime Minister Anthony Albanese as it signals improved trade relations and benefits for both countries.