(Bloomberg) — Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from Bloomberg President Donald Trump called on China to reach out to him in order to kick off negotiations aimed at resolving the escalating trade fight between the world’s two largest economies. “The ball is in China’s court….
Prime Minister Keir Starmer said on Monday Britain would fight to secure a trade deal with the United States while working with key partners around the world to lower trade barriers. Starmer, who has avoided some of the more angry responses of world leaders to U.S. President Donald Trump’s tariff plan, said the levies were…
TAIPEI (Reuters) -Taiwan’s President Lai Ching-te said on Sunday that Taiwan will not impose reciprocal trade tariffs against the United States, but will remove trade barriers, and that Taiwanese companies will gradually increase their investments in the country. President Donald Trump announced across-the-board import tariffs on Wednesday, with much higher duties for dozens of trading…
Published: March 6, 2025 at 6:00 a.m. ET Investors got what they wanted on Wednesday — temporary tariff relief from the Trump administration that finally halted a two-day selloff that sent the stock market into a tailspin earlier this week. However, so-called reciprocal tariffs on foreign imports from all major U.S. trading partners are still coming in…
Stagflation has entered the chat. President Trump’s decision to dramatically raise tariffs on imports threatens the U.S. with an uncomfortable combination of weaker or even stagnant growth and higher prices—sometimes called “stagflation.” Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link
The U.S. economy entered a new era at 12:01 a.m. Tuesday, as President Trump’s tariffs on imports from Mexico and Canada took effect. The new tariffs on imported goods ended decades of free trade among the three countries, and stood to disrupt entire industries. The 25% tariffs will be levied on imports from Mexico and…
The China Association of Automobile Manufacturers (CAAM) hosted its first automotive industry supply chain summit in Hong Kong on Wednesday, which attracted dozens of EV makers and government officials to discuss how Hong Kong can help carmakers from the mainland expand overseas. Chinese carmakers face a series of challenges when developing their businesses overseas, including…