Yellen blasts Trump tariff proposal
Treasury Secretary Janet Yellen criticized former President Trump after he suggested replacing some of the United States’s income taxes with higher tariffs on imports to make up for lost revenue. …
tariffs
Trump’s ‘all-tariff policy’ would hurt American consumers, companies
(NewsNation) — Eliminating income taxes and shifting to an “all-tariff policy” would leave roughly a $2.1 trillion gap in government revenue, making daily costs skyrocket in turn, according to financial experts. …
Impose tariffs on Chinese electric vehicles, ex-U.S. envoy urges Canada – National
A former U.S. ambassador to Canada is urging Ottawa to join the U.S. and the EU in placing tariffs on Chinese electric vehicles amid concerns Beijing’s government subsidies are flooding …
Opinion | How Southeast Asia’s solar industry can shine in face of US tariff threat
As Southeast Asia strives to become an “epicentrum of growth”, the green technology manufacturing sector – particularly solar photovoltaics (PVs), lithium batteries and electric vehicles (EVs) – will be key …
Chinese solar panel makers face dilemma as US plugs trade loophole in Southeast Asia
Analysts said investigations highlighted the challenges faced by Chinese manufacturers and the significance of finding alternative markets because the European Union or other Western countries could follow suit. “If they …
Opinion | As US dollar dominance persists, what if the centre cannot hold?
Where will this vicious circle end? Maybe in currency crises if major US trading partners such as Japan continue to spend their official reserves on trying to restrain their currencies …
Donald Trump suggests tariffs against countries including China over illegal immigration
Trump said if a country, such as China, does not help to curb the flow of immigrants into the US, “we have these things called tariffs”. Donald Trump at the …
Warning sign for China’s economic growth? 4 takeaways from May’s PMI data
If you would like to see more of our reporting, please consider subscribing. 1. Impact of new US tariffs already being felt? China’s official manufacturing purchasing managers’ index (PMI) fell …
Nigerian govt urges NLC, TUC to halt strike, continue negotiation
The federal government has called on the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) to return to the negotiation table following the commencement of an indefinite strike …
Opinion | Hardening US trade stance on China complicates EU’s balancing act
Secondly, driven largely by electoral concerns, the latest US moves suggest Washington is returning to decoupling from Beijing, rather than merely “de-risking”. Such a strategy reveals a bipartisan consensus, with …