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China, Beat and Trump
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Cryptopolitan on MSNWhite House says patriotism keeps Trump’s tariffs from driving inflationPatriotism is now being used as an inflation control strategy by the White House, according to economic advisor Kevin Hassett, who on Monday told CNBC’s
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
Trump’s threats of secondary tariffs are “never going to go anywhere” as long as he is unwilling to impose costs on Moscow directly, Keir Giles, a senior fellow at the London-based Chatham House think tank, told NBC News Monday.
Kazakhstan, whose close ties with Russia and China have made it a significant regional player in Central Asia, has said it is ready to reach a compromise with the Trump administration over tariffs due to take effect next month.
Since US President Donald Trump – just days into his second term – began imposing tariffs on China for its role in the flow of deadly opioids like fentanyl into the United States, Beijing’s message has been clear.
When Donald Trump threatened to impose a 50 per cent tariff on Brazilian goods last week, the reaction in Brasília was swift and vocal ( writes Bryan Harris ). This economic sanction had no financial motivation;
It shows how China has been able to keep growth on track through exports and investment even as it struggles with weak demand at home. Shuang Ding, chief economist for greater China and north Asia at Standard Chartered,