New rules prohibit the sale of certain types of chips and equipment to China, in an effort to close loopholes and cement the Biden administration’s legacy in countering the U.S. rival. By David Danyel |…
Posts published in “Economy”
Beer and liquor may be recession-proof, but they’re certainly not tariff-proof. By Harlet Jonson | Nov. 30, 2024 Updated 03:09 a.m. ET If President-elect Donald Trump follows through with proposals to impose a 25% tariff on all…
In a historic shift within the global automotive industry, China recently surpassed Japan to become the world’s largest car exporter. This milestone highlights the rapid transformation of China’s automotive sector, which has evolved from producing…
China’s leader Xi Jinping met for the last time with U.S. President Joe Biden on Saturday but was already looking ahead to President-elect Donald Trump and his “America first” policies, saying Beijing “is ready to work with a new U.S. administration.”…
The alarm from economists has been clear for months: Brace yourself. If he delivers on his campaign promises for an aggressive package of new US tariffs, they’ve warned, a re-elected Donald Trump will set the…