By Alek Buttermann Mexico’s President, Claudia Sheinbaum, has unveiled a bold economic plan aimed at reducing imports from China, a move widely seen as a response to US President-elect Donald Trump's accusations that the country serves as a backdoor for Chinese goods entering the US market.
US President Donald Trump has relaunched the trade war with China, by threatening to impose a 10 per cent duty on imports from Beijing, AFP reported. In his second term, Donald Trump has hinted of imposing a 10% tariff on imports of Chinese-made goods from February 1.
President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.
Many Latin American countries are trying to distance themselves from Beijing. But in response to President Trump’s sweeping deportation plans, Honduras is doing the opposite.
President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.
Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.
China has strengthened trade with Latin America at the expense of the U.S. But Donald Trump, who threatens to raise tariffs on Mexico, could upend those ties.
Trump underscored his intention to use tariffs, a tax on foreign goods, as a tool of international economic policy and an increasingly vital source of government revenue.
Donald Trump will issue a broad trade memo on Monday that stops short of immediately imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China,
A government memo instructs federal agencies to put diversity, equity, inclusion, and accessibility (DEIA) staff on paid leave by 17:00 local time on Wednesday.
President Trump said on Tuesday that he intended to impose a 10 percent tariff on Chinese imports into the United States on Feb. 1, a decision that is sure to escalate trade tensions between the world’s largest economies.