China’s Economy Grows Despite Tariffs
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Toyota and Hyundai may have a beef with U.S. protectionism, but they have one thing in common with Trump: when it comes to global markets, it's America first for Asia's legacy automakers.
Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year campaign to crush Ukraine.
China has reported its exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers.
China has been a fierce critic of sweeping U.S. tariffs that Trump announced on April 2. He later delayed the implementation of most but China, which has said it will respond with its own tariffs on U.S. imports, now faces a deadline next month to negotiate a deal.
Secretary of State Marco Rubio wants to bolster ties with Asia to counter Beijing’s power, but President Trump’s tariff threats have nations asking why they should align with Washington.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.
European natural gas paused its rally, with traders watching key buyers in Asia where extreme heat is boosting demand for cooling, and US President Donald Trump’s rhetoric over Russia. Benchmark futures settled marginally lower after five days of gains.
MILAN (Reuters) -Producers of Italy's renowned Chianti wine have demanded a new export strategy backed by the EU targeting markets such as South America, Asia and Africa following U.S. President Donald Trump's threat of additional tariffs on European imports.