What China is 'signaling' by restricting US investments
There are national security concerns about Chinese investment in the United States. China is the biggest market for the US and exports are the key driver of their economic health. There are reasons to believe that there are going to be a lot of mistakes made as they implement the policy.
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Taiwan says US tariffs ‘highly unreasonable’
Taiwan's trade surplus with the United States is the seventh highest of any country, reaching US$73.9 billion in 2024. Trump's new tariffs included a hefty 32 percent tax on Taiwanese imports, which Taipei described as "unfair" and "highly unreasonable". Taiwan will start negotiations with Washington.
Firms are worried about the impact of the new global tariffs. China has been hit hard by the new tariffs, as well as struggling nations in South-east Asia, including war-torn and earthquake-hit Myanmar. Canada and Mexico have been spared from the latest round of tariffs, but 25% tariffs on Canadian steel and aluminum came into effect hours after the announcement.
Trump tariff global reaction – country by country
Donald Trump announced sweeping tariffs on major trade partners and struggling countries. China has been hit particularly hard by the new tariffs, which take the total levy on Chinese imports to over 50%. South Korea's acting president, Han Duck-soo, has vowed an "all-out" response.
Donald Trump’s latest tariffs affect every country in the world, but some worse than others. New tariffs of 34 percent on China, 26 percent on India, and 46 percent on Vietnam will have a heavy impact on Apple's supply chain. They're due to start on April 9th.
As Donald Trump’s trade war heats up, China is surprisingly confident
America raised the average levy on Chinese goods above 60% on April 2nd. It's the second time in less than a decade that the world’s biggest importer is pummelling the world's biggest exporter with tariffs. The mood in Beijing is not one of panic.
On Wednesday, the Trump administration detailed the thinking behind its plan to undermine the global trading system and the economic order the United States helped build over the past 80 years. Donald Trump’s “Liberation Day’ is about wielding power, the economy be damned. There is one thread of sense behind Trump's beef with world trade, and it has to do …