Tag: tariffs

Mexico appears to be ramping up its efforts to significantly reduce imports from China in a bid to stave off any retaliation from the incoming Trump administration in Washington.  Less than a week after President Claudia Sheinbaum unveiled a plan to curb ...

On the eve of Donald Trump's inauguration, the Des Moines Register, the leading newspaper in the U.S. farm state of Iowa, published a story about how the state's farmers are anxious over the repercussions of yet another trade war with China ...

By Peter Catterall China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms. Overseas shipments represented ...

Mexico on Thursday announced temporary tariffs on a range of clothing and textile products in an effort to protect its industry and jobs. The measures -- which do not apply to Mexico's free trade partners, including the United States and Canada, ...

By Archanun Kohpaiboon & Prasert Vijithnopparat The surge of imports from China has alarmed many local firms in Thailand. While local businesses have called on the government to impose tariffs on imports, it is more expedient to consider more reasonable measures ...

Donald Trump's threat to retaliate against BRICS countries if the bloc moves forward with a plan to introduce a new currency prompted a lot of head-scratching over the weekend among analysts, who said the president-elect's announcement was baffling. President-elect Trump was ...

China saw an uptick in industrial output for the second straight month in November, government data showed Saturday, an encouraging sign for officials as they battle stagnant activity. Beijing has, in recent weeks, announced a slew of the most aggressive measures ...

U.S. President-elect Donald Trump’s proposal to introduce sweeping tariffs poses significant economic challenges for economies in Southeast Asia. The region could become a battleground for redirected Chinese exports, flooding local markets and disrupting industries. At the same time, trade imbalances, protectionist measures, and deficits add to the ...

U.S. President-elect Donald Trump promised to impose 25% tariffs on all goods imported from Mexico and Canada and an “additional” 10% on Chinese imports as a response to irregular border crossings and drug trafficking. He said the measures would be implemented on “day 1” of his term. ...

By Paulina Abramovich Isidora Olave opens a package containing a T-shirt, a skirt, and a handful of glitter stickers shipped to her front door in Santiago, Chile, all the way from China, almost 20,000 kilometers away.

Mexico is reportedly considering imposing retaliatory tariffs against the United States, if the incoming Trump administration follows through on his threat of 25% levies on Mexican imports. Mexico surpassed China as the biggest source of U.S. imports in 2023, partly due to rapid offshoring by Chinese companies.

China, Russia, and Iran’s ongoing disagreements with Western power provided the frame for this year’s heads of government meeting of the Shanghai Cooperation Organization. The ten-state Eurasian security grouping met in Islamabad, Pakistan, this week. The joint statement released at the end ...