Beyond U.S. tariffs, the deeper economic drag in China is domestic: weak demand, a deflationary price war, debt laden local governments mortgaging assets, and collapsing trust between private business and the state.
Tag: tariff
Sales are falling, rivals are surging, and China no longer craves the four rings. CEO Gernot Döllner is cutting bureaucracy, betting on speed, and trying to steer the brand through a maze of tariffs, scandals, and shifting markets.
Trump’s approach to U.S.-EU trade relations prioritizes dominance and loyalty over partnership, leaving Europe with little choice but to comply to avoid severe economic fallout. Breaking free from U.S. leverage would require Europe to build a new global alliance, effectively acknowledging the end of the traditional transatlantic trade partnership.
European Commission President Ursula von der Leyen’s controversial trade deal may look like a surrender to U.S. President Donald Trump, but it could be a calculated play in a surreal game of bluff, designed to keep Europe afloat — and Trump distracted.
Donald Trump says he will hike tariffs on Brazil unless it halts prosecution of the country’s former right-wing leader Jair Bolsonaro. Only, Brazil exports relatively little to the U.S. and Trump’s meddling could be boosting his socialist nemesis, President Lula da Silva.
No matter how he spins it, the U.S. president has been revealed as vulnerable — and the U.S. lost something it may never get back.
It’s no secret that Brazil’s ultra-conservative leader and the incoming president of Argentina have deeply divergent political leanings.
President Donald Trump’s threat to raise tariffs against Mexico over immigration is political blackmail, and potentially makes nonsense of any trading deal with the U.S.
-Analysis- NEW YORK — Investors are ignoring Donald Trump’s trade rhetoric at their own peril. That’s the warning coming from a rising cohort of erstwhile Trump bulls who’ve gone weak in the knees as the president turns his sights on allies from Mexico to Japan and Australia. It isn’t enough, they say, that the post-election rally that added more than $3.5 trillion to global equities and sent high-yield debt to the best start to a year since 2012 has stalled. According to them, the administration’s pledges to protect U.S. industry and redefine currency relationships could ignite a trade war with […]