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China’s semiconductor industry is readying itself for four more combative years under Donald Trump as US president by ramping up purchases of foreign chipmaking equipment and looking out for opportunities to hire overseas talent and forge new alliances. Among the strategies being considered are the pursuit of closer ties with countries and firms that may […]
(NewsNation) — Grover Norquist, the Republican founder and president of Americans for Tax Reform, tells “NewsNation Prime” he believes President-elect Donald Trump’s tariffs and tax cut plans will help America’s deficit decline. Trump has pledged to implement several economic initiatives, including a plan to eliminate personal income taxes in exchange for at least a 10% […]
Ever since the US dollar cemented its role as the backbone of the global financial system following the second world war, it has been a weapon of choice for American presidents waging economic warfare. But as the United States’ use of sanctions has proliferated in recent years, concerns have grown in China and elsewhere over […]
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The Economic Regulation Authority has decided to increase gas network tariffs by 7.8 per cent over the next five years, impacting more than 800,000 homes and businesses. Source link
Jimmy Ng Eunice Lam Hong Kong will surely take a hit if Donald Trump imposes penalty tariffs on Chinese products, but the industrial sector has already been rolling out mitigation measures and adapting to the impending change, says Jimmy Ng Wing-ka. Industrial sector lawmaker Ng, also the vice president of the Chinese Manufacturers’ Association […]
President-elect Donald Trump won the US election partly on campaign pledges to tame inflation – a sore spot for voters over the past three years – but some analysts point to the trade war that he launched on China in his first term as one cause for the higher prices. Trump had vowed throughout his […]
Donald Trump has floated broad tariffs alongside high rates on autos from Mexico and levies to stop fentanyl from entering the country. Photo: Jim WATSON / AFP/FileSource: AFP US president-elect Donald Trump says “tariff” is the most beautiful word in the dictionary — and the Republican’s second term promises sweeping measures on all $3 trillion […]
Canada’s deputy prime minister highlighted her country’s tougher approach to Chinese exports, seeking to gain favour with Donald Trump and his key advisers ahead of his return to power in Washington. Chrystia Freeland said the Canadian government shares the same concerns as Trump’s team with China’s “intentional policy of overcapacity”, which is why Canada recently […]
At a rally on Monday in Raleigh, North Carolina, former U.S. President Donald Trump vowed, if elected, to impose tariffs of between 25 and 100 percent on Mexico until it curbed migration at the U.S. southern border. Later that day in Pittsburgh, Trump said he would impose a 25 percent tariff on Mexico to crack down […]