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.
Shipping experts believe implementing secondary tariffs on Russia would be highly complex due to the current geopolitical landscape
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’s economy slowed in the second quarter even as it topped market forecast in a show of resilience against U.S. tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus.
Tariffs on Chinese goods have taken effect, and the impact is already noticeable in ports, as cargo volumes are down, leading to supply chain disruptions.
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.
Imports to the busiest U.S. seaport in Los Angeles rebounded strongly in June, finishing up 10% versus a year ago and contributing to record total volume for the month, the port's executive director said on Monday.
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.