U.S. tariffs

2 months ago

China Plans Record Fiscal Deficit to Boost 2025 Growth

Chinese leaders have agreed to raise the budget deficit to 4% of gross domestic product (GDP) in 2025, marking the highest level on record. The move reflects a more proactive fiscal policy

Economy

3 months ago

China’s Economy Demonstrates Resilience Amid Trade Tensions

China remains steadfast in its ability to withstand external economic shocks and maintain robust economic growth, according to Vice Commerce Minister Wang Shouwen. Speaking at a press conference on Friday, Wang emphasized

temu-shifts-strategy-after-u.s.-ends-tax-loophole

Business

2 weeks ago

Temu Shifts Strategy After U.S. Ends Tax Loophole

Chinese online retailer Temu is promoting more products from U.S. warehouses after former President Donald Trump revoked the long-standing de minimis tax exemption. The move, part of a broader tariff increase on

Britain Publishes Steel Industry Plan Amid U.S. Tariff Threat

Britain has accelerated the release of its major steel industry consultation, the “Plan for Steel,” in response to U.S. President Donald Trump’s announcement of fresh tariffs on all steel imports into the

4 days ago

Economy

Thailand’s Economic Growth Slows Amid U.S. Tariff Concerns

Thailand’s economy expanded less than expected in the final quarter of 2024, raising concerns over its outlook for 2025 as potential U.S. tariffs threaten the country’s key export sector. Slower-Than-Expected Growth Data

4 days ago

Economy

Bank of Canada Warns U.S. Tariffs Could Permanently Hit GDP

BoC Flags Trade War Risks as it Cuts Rates Again The Bank of Canada (BoC) warned that a prolonged trade dispute with the United States could lead to a permanent reduction in

1 week ago

Economy

Germany’s Economy Contracts 0.2% in Q4, Raising Recession Fears

The German economy shrank by 0.2% quarter-on-quarter in the final three months of 2024, according to preliminary data from Germany’s statistics office Destatis on Thursday. This decline was sharper than analysts’ expectations,

3 weeks ago

Economy

Canada’s Manufacturing Sector Sees Growth Amid Global Slowdown

The Canadian manufacturing sector ended 2024 on a positive note, with the S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) rising to 52.2 in December, its highest reading since February 2023. This

2 months ago

Economy

World Bank Raises China’s Growth Forecast but Warns of Persistent Challenges

The World Bank has revised its economic growth forecasts for China for 2024 and 2025, projecting modest improvements but cautioning about lingering issues that could dampen recovery. While policy easing and strong

2 months ago

Economy

U.S. tariffs

China Plans Record Fiscal Deficit to Boost 2025 Growth

China’s Economy Demonstrates Resilience Amid Trade Tensions

Temu Shifts Strategy After U.S. Ends Tax Loophole

Britain Publishes Steel Industry Plan Amid U.S. Tariff Threat

Thailand’s Economic Growth Slows Amid U.S. Tariff Concerns

Bank of Canada Warns U.S. Tariffs Could Permanently Hit GDP

Germany’s Economy Contracts 0.2% in Q4, Raising Recession Fears

Canada’s Manufacturing Sector Sees Growth Amid Global Slowdown

World Bank Raises China’s Growth Forecast but Warns of Persistent Challenges

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