Trump’s Ban of Trade Loophole Will Cut China Growth, Nomura Says
The decision by President Donald Trump to ban Chinese companies from using a US tariff loophole will hit tens of billions of ...
Why Trump Is Closing a Trade Exemption for China
Here’s how to understand de minimis and how it turbocharged bargain platforms Shein and Temu.
China Refiners Set to Resell US Oil Cargoes After Tariff Blitz
China’s state-run refiners are expected to resell US oil cargoes and seek alternative supplies in the aftermath of Beijing’s ...
Oil down as US crude inventories swell, traders worry about China-US trade
Oil prices fell more than 2% on Wednesday as a large build in U.S. crude and gasoline stockpiles signaled weaker demand, ...
US-China trade war spurs record-breaking rally in gold
Gold prices climbed 1% on Wednesday, continuing their record rally as investors sought the safe-haven asset due to concerns ...
Oil declines amid rising US crude inventories, Sino-US tariff war
Oil prices slid on Wednesday as rising stockpiles in the U.S. and market worries about a new Sino-U.S. trade war offset ...
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Will Donald Trump’s tariffs hurt US consumers?
“Trade deficits hurt the economy very badly,” he has said. In 2016, just before Trump took office, the total goods and services deficit was $480bn, around 2.5% of US GDP. By 2020, it had grown ...