The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.
Category: Protectionism (Trade)
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Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.
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Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity
Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
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From Inflation to Bitcoin, 9 Charts That Explain 2024
Rate cuts, stock surges, and Trump’s tariff threats are among the biggest forces shaping business and the economy.
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Trump Tariffs? Europe Braces but Has No Clear Strategy
The incoming president promised “tariffs all the way” unless Europe bought more U.S. oil and gas. European officials have no clear strategy for avoiding a trade war.
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Starbucks’ China Problem: Coffee Drinkers Want More for Less
For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.
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Global Central Banks Gird Themselves for Another Trump Term
Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.
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American Kitchens Face an Uncertain Mix: Olive Oil and Tariffs
Trump hasn’t said whether he’ll move against imported foods, but the effects on oil producers and consumers are already being debated.
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The Economy Is Finally Stable. Is That About to Change?
President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and contradictory effects, adding uncertainty to forecasts.
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High on Hope, Wall St. Hears What It Wants From Trump
Investors and executives are often emphasizing what they like in the president-elect’s agenda, while dismissing what they don’t as mere posturing.
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Biden Prepares to Target Chinese Legacy Chips With Trade Investigation
The investigation could result in tariffs on older types of chips from China, though the decision would ultimately fall to Trump.
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Are Trump’s Tariffs Inevitable?
World leaders and C.E.O.s are struggling to convince President-elect Donald Trump to shift his position on imposing new levies against America’s trade partners and its rivals.