China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports.
Category: International Trade and World Market
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Bessent Says He Divested From Soybean Farms After Ethics Office Warning
The Treasury Secretary said on Sunday he recently shed his holdings to comply with his federal ethics agreement.
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Have Trump’s Tariffs Gone as High as They Can Go? Businesses Hope So
A wave of companies are petitioning for exemptions from the Trump administration’s high levies on foreign-made goods, saying they are hurting business and raising prices.
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Scott Bessent on Tariffs, the Fed and the Economy
The U.S. treasury secretary spoke with Andrew Ross Sorkin at the DealBook Summit on Wednesday.
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‘WTO/99’ Review: The ‘Battle in Seattle’ as Seen by the Participants
To tell the story of the demonstrations surrounding a World Trade Organization meeting, “WTO/99” assembled scenes shot by the participants themselves.
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U.S. Pushes U.K. to Spend More on Medicines in Deal to Avoid Tariffs
President Trump has complained that wealthy countries like Britain pay too little for drugs, leading America to bear much of the burden of the costs of medicines.
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It’s Your Duty to Pay the Duty: Buyers Hit With Extra Charges on Packages
The end of a tariff exemption on goods worth $800 or less has left some U.S. shoppers with an extra shipping bill that must be paid before delivery.
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For These Businesses, U.S. Tariffs Are a Price Worth Paying
Some British business owners are determined to keep their access to American consumers, but they are facing trade-offs.
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Two Retail Chiefs Take Stock of a Make-or-Break Holiday Shopping Season
The leaders of Nordstrom and Selfridges are dealing with tariffs, a tough economy and a fight for relevance.
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Tariffs and Strike Drive ‘Once-in-a-Lifetime’ Boost for Canadian Wine
The trade war with the United States, bans on U.S. wine and liquor imports and a recent distributor strike in British Columbia have Canadians giving their homegrown wines another look.