Tag - trade-war

 
 

TRADE WAR

A production line at Mazda's plant in Salamanca, Guanajuato state, Mexico
BUSINESS / Companies
Dec 12, 2024
Mazda’s Mexico investment to hinge on Trump’s tariff decisions
Mazda joins a growing number of auto firms that have either paused or signaled they may reconsider plans in the country.
Izumi Kobayashi, director of Mizuho Financial, Omron and ANA, speaks during the Reuters Next conference in New York on Tuesday.
BUSINESS
Dec 11, 2024
Mizuho director says companies should not overreact to Trump's tariff threats
It would be difficult for companies to withdraw from China given its mammoth size, said Izumi Kobayashi.
The Internet Society of China has urged domestic companies to think carefully before procuring chips from the U.S.
WORLD / Politics
Dec 4, 2024
U.S. chips 'no longer safe,' Chinese industry bodies say in latest salvo
Their advice could affect U.S. chipmaking giants like Nvidia, AMD and Intel, which have managed to keep selling products in China despite export controls.
Beijing has banned the export of gallium, germanium and antimony to the U.S.
WORLD / Politics
Dec 4, 2024
China dials up U.S. trade tension with tit-for-tat metals export ban
The targeted metals are used in everything from semiconductors to satellites and night-vision goggles.
Teck Resources signage during the Prospectors & Developers Association of Canada conference in Toronto, Canada, on March 2, 2020
WORLD / Politics
Dec 4, 2024
Canada mining group uses China ban to push back on Trump's tariffs
Trade tensions with the U.S. are escalating after President-elect Donald Trump threatened to slap 25% tariffs on all goods coming from Canada and Mexico.
Mexican President Claudia Sheinbaum delivers a speech during the inauguration of a family medicine unit in San Nicolas de los Garza, Nuevo Leon State, Mexico, on Saturday.
WORLD / Politics / FOCUS
Dec 1, 2024
Trump’s demand that Mexico stop migrants and drugs may never be met
Mexico's new leader must find ways to appease Trump while avoiding the perception that she easily bends to U.S. demands.
Canadian Prime Minister Justin Trudeau leaves the Delta Hotel on his way to meet U.S. President-elect Donald Trump at Mar-a-Lago, in West Palm Beach, Florida, on Friday.
WORLD / Politics
Nov 30, 2024
Canada’s Justin Trudeau holds crucial meeting with Trump in Florida
Trudeau was the first Group of Seven leader to have a face-to-face meeting with Trump since the U.S. election.
Then-U.S. President Donald Trump attends the Group of 20 summit in Osaka in June 2019.
EDITORIALS
Nov 29, 2024
Japan should prepare for tariff-loving Trump
U.S. President-elect Donald Trump's focus on tariffs as a core economic strategy could disrupt global trade.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19.
BUSINESS / Economy
Nov 27, 2024
Trump names trade envoy and top economic advisor to fill policy team
The U.S. president-elect named Jamieson Greer his trade representative and picked Kevin Hassett as his top economic adviser.
U.S. President Donald Trump holds a bilateral meeting with then-Prime Minister Shinzo Abe on the sidelines of the United Nations General Assembly in New York in September 2019. Tokyo may be forced to balance its priorities in the U.S. alliance with its economic reliance on China.
COMMENTARY / Japan
Nov 27, 2024
Trump's return heralds a new era of trade tensions for Japan
Tokyo faces a balancing act: aligning with Washington's priorities while maintaining its critical economic ties to China.
Beijing’s long-standing line has been a commitment to keep the yuan "basically stable.” But U.S. President-elect Donald Trump’s return — and his threat of tariffs — may test that.
COMMENTARY
Nov 27, 2024
China will send a weaker yuan to the Trump front
Beijing’s long-standing line has been a commitment to keep the yuan "basically stable.” But Trump’s return with his tariff threats may test that.
Trucks wait near the Zaragoza-Ysleta border crossing bridge to cross into the U.S., in Ciudad Juarez, Mexico, on Monday.
WORLD / Politics
Nov 27, 2024
Trump tariffs would harm all involved, U.S. trade partners say
Officials warn a trade war could erupt and damage economies, and seek talks with Trump after his surprise announcement of hefty tariffs on Mexico, Canada and China.
U.S. President-elect Donald Trump attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, on Nov. 19. Trump on Monday threatened to slap China, Mexico and Canada with hefty tariffs upon his return to the White House.
BUSINESS / Economy
Nov 26, 2024
Trump pledges 25% tariffs on Canada and Mexico, and more levies on China
The president-elect says he will sign executive orders to enforce the measures when he returns to the White House on Jan. 20.
China is on track for a record trade surplus that could reach almost $1 trillion this year.
BUSINESS / Economy
Nov 25, 2024
Chinese exports to hit record this year before second Trump term
Exports already started off this quarter with the fastest growth since July 2022.
Owning dollars has been a winning strategy for Chinese companies. The currency has been kept strong by high U.S. rates and falling Chinese ones.
BUSINESS / Markets / ANALYSIS
Nov 22, 2024
Corporate China seeks dollars as trade tensions rise
Chinese firms are squirreling away dollars, pricing contracts in yuan and opening import lines to mitigate currency risks,
President Xi Jinping of China and President Donald Trump during a state visit in Beijing, Nov. 9, 2017
WORLD
Nov 21, 2024
Bracing for Trump tariffs, China's Xi makes diplomatic push at global summits
While better prepared for another Trump White House, China is also more vulnerable after its economy was hit by a huge property crisis.
Chinese President Xi Jinping arrives for a bilateral meeting Peruvian President Dina Boluarte at the Government Palace in Lima on Nov. 14.
WORLD / Politics
Nov 20, 2024
Xi’s push for stable world of low tariffs undone by Trump and Putin
U.S. President-elect Donald Trump is threatening to put 60% tariffs on Chinese goods while China walks a tightrope regarding Russia’s invasion of Ukraine.
A screen displays trading information about the shares of Truth Social and Trump Media & Technology Group, outside the Nasdaq Market site in New York on March 26.
BUSINESS / Markets
Nov 18, 2024
Truth Social and late calls take over economists’ lives under Trump
The end goal for economists is to produce accurate forecasts to help traders, businesses and governments navigate the new chaotic world.
Chinese leader Xi Jinping reviews an honor guard upon his arrival for the Asia-Pacific Economic Cooperation forum in Callao, Peru, on Thursday.
BUSINESS / Economy
Nov 16, 2024
Xi seizes role as global defender of free trade against Trump
China’s leader warned on Friday that the global economy was fracturing as protectionism spreads, leading to "severe challenges.”

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.