World News

Is China better prepared for another trade row with the US? | Business and Economy

Share
Share

China has moved to support its exporters before tariff hikes, as pledged by US President-elect Donald Trump.

China is struggling with a real estate downturn, a local government debt crisis and deflation – all of which are dragging down its economic growth.

This has made many Chinese companies shift their focus to sales abroad.

But, United States President-elect Donald Trump recently announced raising tariffs by an additional 10 percent on all Chinese imports as soon as he takes office.

China has announced measures aimed at supporting its exporters in advance of the start of the second Trump administration.

Scott Bessent is Trump’s pick for US treasury secretary.

Plus, could Google Chrome be sold?

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
‘Not for you’: Israeli shelters exclude Palestinians as bombs rain down | Israel-Iran conflict News
World News

‘Not for you’: Israeli shelters exclude Palestinians as bombs rain down | Israel-Iran conflict News

When Iranian missiles began raining down on Israel, many residents scrambled for...

What could a war between Israel and Iran mean for the global economy?
World News

What could a war between Israel and Iran mean for the global economy?

As attacks escalate between Iran and Israel, fears are growing over the...

Israel-Iran conflict: List of key events, June 17, 2025 | Israel-Iran conflict News
World News

Israel-Iran conflict: List of key events, June 17, 2025 | Israel-Iran conflict News

Here’s where things stand on Monday, June 17: Fighting Several explosions rocked...