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China expected to hit 2024 GDP target
China’s economy grows more than expected. But fears of Trump tariffs loom
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.
US-China Trade Fight Starts Early, Paving Way for Trump Tariffs
Even before Donald Trump takes office on Monday, trade tensions between the world’s biggest economies are already heating up.
China expected to hit 2024 GDP target, but tariffs loom
China's economy likely rebounded in the fourth quarter as several rounds of policy stimulus kicked in, enabling the government to largely meet its 2024 growth target, though the risk of new U.S. tariffs could hold back a broader recovery.
5h
on MSN
One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has ...
1h
on MSN
Trump has several avenues for rolling out tariffs on his first day — and Americans could see prices increase soon after
It'll take time for Trump's tariffs to be implemented, but goods could still start getting more expensive in the meantime.
1d
Bessent: China Will Cut Prices In Response To Tariffs So They Can Continue To "Export Their Way Out Of Economic Malaise"
Scott Bessent told Sen. Ron Wyden, during his confirmation hearing to serve as Donald Trump's Treasury Secretary, he believes ...
1d
on MSN
China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.
4h
China Fast Out Of The Gate
There is a lot going on in China right now. Talk of punitive tariffs against the Middle Kingdom swirled through the halls of ...
3d
on MSN
Trump’s tariffs brought China and Mexico closer. Will his second term change that?
China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs ...
50m
on MSN
An industrial Chinatown near the US southern border readies its options should Trump tariffs come
The huge industrial park sprawls across the rural landscape with row upon row of warehouse-sized manufacturing units. Logos and signs plastered with red and gold — lucky colors in Chinese tradition — ...
9h
US To Tighten Trade Rules To Hit Low-cost China Shipments
The United States unveiled a new rule Friday to tighten an exemption allowing low-value imports to enter the country ...
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