The President-elect is demanding the so-called BRICS countries pledge fealty to the greenback, or risk a new wave of tariffs.
Category: China
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Biden Targets China’s Chip Industry With Wider Trade Bans
New rules prohibit the sale of certain types of chips and equipment to China, in an effort to close loopholes and cement the Biden administration’s legacy in countering the U.S. rival.
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Will the Markets Check Trump’s Power?
The president-elect cares about financial markets, our columnist says. That gives investors a restraint on his decisions, even if it’s a tenuous one.
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BYD and Rivals in China Tell Suppliers to Cut Costs Amid Price War
China’s electric vehicle market is the world’s largest — and also its most cutthroat, with dozens of brands jostling for position.
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Volkswagen Says It Is Exiting China’s Xinjiang Region After 12 Years
VW and its joint venture partner, SAIC Motor, are transferring an assembly plant and test tracks after years of criticism from human rights activists.
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Tariff Threats Show Trump’s Commitment to Upending Global Trade
The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.
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Trump’s Tariff Threat Roils Global Markets
The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.
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After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
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Huawei Targets Apple with Advanced Chip Innovation in China
Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market. Now it is rolling out its newest phone, the Mate 70 series.
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China’s Police Are Preying on Small Firms in Search of Cash
With localities facing budget holes, the police are crossing provincial borders to collect fines and draining company treasuries. Businesses call it a shakedown.
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Trump Threatens 25% Tariff on Canada and Mexico, Potentially Crippling Trade
The president-elect said that he would impose the tariff on Day 1 and that it would stay in place until Canada and Mexico halted the flow of drugs and migrants across U.S. borders.