I’m Malcolm Scott, international economics enterprise editor in Sydney. Today we’re looking at China’s options if Trump delivers on his tariff threats. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. One of…
With Donald Trump’s decisive victory in Tuesday’s presidential contest, the U.S.-China trade war is set to further escalate. The ongoing trade conflict between the world’s two largest economies began in 2018 when Trump launched a series of tariffs targeting hundreds of billions of dollars in Chinese goods, citing what he called unfair trade policies and…
Donald Trump’s return to the White House could present a chance for China and Europe to mend trade ties, the EU ambassador to Beijing has said, while warning of geopolitical “choppy waters ahead”. “What happened a couple of days or three days ago in the US may change … the global landscape but it can…
ECONOMIST SOMETIMES say that China suffers from the three Ds: debt, deflation and poor demographics. America’s presidential election added a fourth: Donald Trump, who has threatened to slap high tariffs on Chinese exports when he returns to the White House. To counter these dangers, investors had hoped China would announce a decisive fiscal rescue package…
China and the United States could face a communication breakdown and risk “fierce confrontation” if Donald Trump ushers in a hawkish team of advisers to oversee the country’s China policy. According to analysts, China does not fear the possibility of an increasingly hardline policy from the new Trump administration and is awaiting the US president-elect’s…
China wants a deal with US President-elect Donald Trump but doesn’t expect the path to an agreement will be easy, according to an adviser to the Foreign Ministry in Beijing. “For the Chinese side a deal is desirable,” said Wu Xinbo, director at Fudan University’s Center for American Studies in Shanghai, who led a group…
NERVILLE, Illinois, – Uncertainty increased for U.S. soybean exporters this week with Donald Trump’s election win, since shipments to top customer China were severely curbed when a trade war began during Trump’s first presidency. However, U.S. soybean trade to China was already going poorly prior to Tuesday’s election, and some of the latest statistics are…
When Donald Trump ran for president back in 2016, one of the chief targets of his ire was China and what he considered its unfair trade practices—practices he said were coming at the expense of the American economy. After defeating Hillary Clinton, Trump’s adjutants set about putting his plan for tariffs into place, and executed…
An expanded US-China trade war during President-elect Donald Trump’s second term could slash the Asian nation’s economic growth by two percentage points and prompt Beijing to stimulate domestic demand, according to Macquarie Group Ltd. Trump’s campaign vow to raise tariffs on Chinese goods to 60% could cause the nation’s exports to decline by about 8%…
Donald Trump is back. With him comes renewed vows to take on China and reclaim America’s position atop the global word order. And he’s vowing to pick up where he left off on his trade war with China. In this week’s podcast, Rebecca Jones asks Bloomberg senior editor Malcolm Scott about the big implications that…