The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its shoes are made.
Category: China
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Another Jolt of Uncertainty for a Global Economy Mired in It
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
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U.S. Farmers Brace for New Trump Trade Wars Amid Tariff Threats
Despite their concerns, some farm operators still support the former president and prefer his overall economic plan.
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Foreclosures in China Soar, Threatening to Choke Off Bank Profits
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions.
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Why There’s Hope for U.S. Factory Towns Laid Low by the ‘China Shock’
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
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Why There Is Hope for Factory Towns Laid Low by the ‘China Shock’
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
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How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.
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Elon Musk’s SpaceX, Already a Leader in Satellites, Gets Into the Spy Game
The Pentagon needs what the company offers to compete with China even as it frets over its potential for dominance and the billionaire’s global interests.
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Europe Imposes Higher Tariffs on Electric Vehicles Made in China
The tariffs, some as high as 45 percent, are intended to to protect Europe’s automotive sector, but they could escalate a trade war with China.
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Spain Opens Its Doors to China as a European Trade War Looms
Spain is forging a path as a “connector” country, drawing Chinese investment as it abstained from taking a position on European tariffs on electric cars.