Trade War

Swaminathan Aiyar , Consulting Editor, ET Now , says Trump is a believer that tariffs are good for America. If that is the case, then India is going to be hit. Trump called India a tariff king and pointed out that it had very high tariffs on motorcycles. He is…

In recent years, there has been a dramatic transformation in the economic philosophy guiding the world’s rich countries. After the supply chain shocks brought on by the Covid-19 pandemic and the Russian invasion of Ukraine — and forced by political movements on the left and right to recognize the community-level…

PUBLISHED : 19 Dec 2024 at 08:25 Listen to this article Mr Komsorn, left, and Mr Methas say increasing investment and the tourism boom should drive Thai growth in 2025. Tisco Economic Strategy Unit (ESU) predicts Thai GDP growth of 3% next year as the global economy expands 3.2%, amid…

Letter writes question the real Impact of U.S. President-election Donald Trump's tariff and what Trump's style of leadership is doing to democracy. Published Dec 17, 2024  •  Last updated Dec 17, 2024  •  3 minute read Former exporter and letter writer Brian Olsen questions whether the threat of U.S. President-elect…

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President-elect Trump took China by surprise when he invited President Xi Jinping to his upcoming inauguration, a friendly gesture ahead of a widely expected trade war.  The move left everyone wondering what Trump was up to — a Chinese head of state has not attended a U.S. inauguration in all…

New Delhi, Dec 15 (PTI) Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. It said that India has to strengthen its local supply chains and produce critical intermediates to reduce reliance on China,…

TAIPEI, Taiwan —  President-elect Donald Trump has threatened to impose new tariffs on Chinese imports when he takes office, a move that would deepen a trade war he started six years ago. He has not offered many specifics, but China is already arming itself for economic battle. “Six years of really…

TAIPEI, Taiwan —  The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars. So far, the U.S. is losing. Last year, China became the world’s foremost auto exporter, according to the China Passenger Car Assn., surpassing Japan with more than 5 million sales overseas. New energy…

US President Joe Biden on Wednesday called for tripling the existing tariff rate on Chinese steel and aluminium , just as the US Trade Representative’s (USTR) office announced the launch of yet another Section 301 investigation into China’s maritime, logistics, and shipbuilding sectors. Biden told the USTR to raise the…