The trillion-dollar shock: What tariff? How Xi Jinping beat Trump in trade war

The trillion-dollar shock: What tariff? How Xi Jinping beat Trump in trade war

President Trump’s trade war strategy – featuring sweeping tariffs – has not curtailed China’s export machine. (AI image) Driving the news:Despite nearly a decade of US tariffs under President Donald Trump, China’s trade surplus has exploded, hitting $1.08 trillion through November – the highest ever recorded globally and a level China didn’t reach until year-end…

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Trump tariff shock eases? India’s exports to US rise after 4 months of slide; reach $6.3 billion in October

Trump tariff shock eases? India’s exports to US rise after 4 months of slide; reach $6.3 billion in October

US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the…

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Tariff row: GTRI's 3-step plan for India to protect its interests; key remarks on Russian oil

Tariff row: GTRI’s 3-step plan for India to protect its interests; key remarks on Russian oil

Global Trade Research Initiative (GTRI) has proposed a three-step strategy to safeguard India’s trade interests as discussions with the United States have stepped into the “advanced stage.” The agency has suggested measures like scaling back Russian oil imports, seeking trade parity and resuming talks on fair terms. ‘Very Good…’: Trump Drops Major Russian Oil Reveal…

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