
Trump’s Tariffs May Drive Up Costs for US Consumers, Experts Warn
China’s countermeasures to new US tariffs could raise costs for American consumers, warns Beijing economist, as trade tensions reshape global supply chains.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
China’s countermeasures to new US tariffs could raise costs for American consumers, warns Beijing economist, as trade tensions reshape global supply chains.
Hong Kong’s HKSAR government plans to challenge US tariffs at the WTO, asserting their status as a separate customs territory under international trade rules. #GlobalEconomy
The HKSAR government is set to file a complaint with the WTO against the U.S. for imposing an additional 10% tariff on Hong Kong products, citing violations of WTO rules.
U.S. tariff policies under the Trump administration may inadvertently boost trade among BRICS nations, fostering stronger economic ties and reshaping global trade dynamics.
In response to US tariff threats, Mexico is expanding and modernizing its trade agreements with the European Union, diversifying its global economic partnerships.
U.S. tariff threats loom over Canada’s maple syrup industry, sparking trade diversification talks ahead of Trudeau’s key economic meeting.
China pledges to safeguard its interests against US tariffs, criticizing unilateral measures and advocating for dialogue to resolve trade disputes.
China’s UN envoy Fu Cong opposes the US tariff increase, citing violations of WTO rules and emphasizing that trade wars yield no winners.
The Chinese mainland is reducing its dependence on U.S. trade, minimizing the impact of a new 10% tariff, according to the Council on Foreign Relations.
US imposes significant tariffs on Mexico, Canada, and the Chinese mainland, raising fears of global trade tensions and economic instability.