Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.
Category: Economic Conditions and Trends
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Trump’s Pick of E.J. Antoni as BLS Leader Criticized by the Right and the Left
Economists on the left and right criticized E.J. Antoni for misunderstanding the data he would now oversee.
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Taiwan Strained by 20% Tariffs, No Trade Deal and Political Uncertainty
Taiwan’s export manufacturers are facing steeper U.S. tariffs than their neighbors got and getting squeezed by an appreciating currency.
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Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.
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China’s Exports Surged in July as Companies Raced to Beat Trump Tariffs
China is shipping more goods to Southeast Asia and other regions that often re-export them to the United States. China still sells three times as much to the United States as it buys.
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What Happened to India Becoming the Next China?
With threats of tariffs up to 50 percent, President Trump seems to be scrapping America’s plan to turn India into a counterweight to China, declaring instead that it was a “dead economy.”
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Chinese People Are Known to Be Big Savers. Many Are Drowning in Debt.
As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals.
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Trump Fired America’s Economic Data Collector. History Shows the Perils.
Economists say unbiased data is essential for policymaking, and for democracy.
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China’s Small Workshops Are Hurting. Trump’s Tariffs Are Only One Reason.
The U.S.-Chinese cease-fire left exporters with crippling tariffs, worsening a slowdown for light-industry factories caused by China’s shift to advanced manufacturing.
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Mercedes and Porsche Squeezed by U.S. Tariffs and Slowdown in China
Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year.
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U.S. and China Meet as Trade Truce Nears Expiration
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.
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U.S. and China Meet as Trade Truce Nears Expiration
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.