'Complete risk-off' for Asian equities if Trump imposes 60% tariffs on China: Nomura Chetan Seth of Nomura says there will probably be a knee-jerk reaction in the markets when Trump announces his tariff plans and it's likely that the tariffs would be implemented "quicker...
It’s unclear what prompted such a rapid change in Trump’s tariff policy, although he had promised as much as a 60% tariff on all goods imported from China during his campaign. Trump said Tuesday that too much fentanyl is coming into the United States from China via Mexico and Canada an...
The Washington Post first reported the Trump campaign was weighing a theoretical 60% Chinese tariff plan. On Sunday, the former president said he might even go higher: "Maybe it's going to be more than that." Beyond China, the former president has said he would impose a blanket 10% tarif...
"The GOP frontrunner confirmed in an interview broadcast on Sunday that he is considering a plan to impose tariffs of 60% or higher on Chinese goods in his potential second term," Picciotto reported. "Beyond China, the former president has said he would impose a blanket 10% tariff on all...
Trump has proposed tariff policies that he said would help bring manufacturing back to the U.S. and suggested tariffs previously of as high as 60% on goods made in China. China's trade surplus is set to reach a new record high this year, increasing the risk that the Asian na...
For China, an additional 10% tariff will be charged on goods coming from China, on top of any other tariffs until cracks down on fentanyl being smuggled out the country. 10% is lower than Trump threatened before. As a candidate, he has had vowed to slap 60% tariffs on all goods coming...
US Importers Rush in Goods From China as Trump Tariff Threat Looms More Reuters FILE PHOTO: Shipping containers are shown at the Terminal 1 Container Terminal at the Port of Los Angeles in Wilmington, California, U.S., October 17, 2024. REUTERS/Mike Blake/File Photo B...
For China, an additional 10% tariff will be charged on goods coming from China, on top of any other tariffs until cracks down on fentanyl being smuggled out the country. 10% is lower than Trump threatened before. As a candidate, he has had pledged to slap 60% tariffs on all goods comi...
A 60% tariff would have a severe impact on Chinese exports to the U.S., said Tu Xinquan, director of the China Institute for WTO Studies at the University of International Business and Economics in Beijing.“Many companies will completely halt their trade with the U.S.,” he predicted. ...