What will the unravelling of US-China trade mean for the economy?

Bilateral trade was worth $582 billion in 2024. The US imports $41 billion worth of smartphones a year from China, or 73% of imports in the category. With laptops, it’s $32 billion at 66%. Read More

China shrugs off threat of US tariffs to economy, says it has tools to protect jobs

China's leaders have shrugged off the potential impact from U.S. President Donald Trump's trade war, saying they have the tools needed to protect jobs and limit damage from higher tariffs on Chinese ... Read More

Global economy already feeling drag from Trump tariffs

Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of job cuts and reviewed their business plans, while major economies revised down growth prospects ... Read More

US and global economic outlook deteriorates in Trump trade war, IMF says

The International Monetary Fund says the US and global economies will likely slow significantly in the wake of President Donald Trump’s tariffs and the uncertainty they have created. Read More

IMF's Georgieva says IMF has been vocal about China's need to change economic model

International Monetary Fund Managing Director Kristalina Georgieva on Monday said the IMF has been vocal about its policy prescriptions for China to move away from an export-led growth model. Read More

Treasury Secretary Bessent signals US advantage in tariff battle as China's economy crumbles

U.S. Treasury Secretary ... U.S. toward a manufacturing economy, taking us back to the strength that's been sapped over the past several decades. Everyone knows that China needs to re-balance ... Read More

US Tariffs Will Weaken Global Economy and Trigger Inflation but Not a Global Recession, IMF Says

US Tariffs Will Weaken Global Economy and Trigger Inflation but Not a Global Recession, IMF Says Surging U.S. tariffs ... the U.S.'s biggest trade partner, China. Trump has paused or pulled ... Read More

China made ‘big mistake’ and will face 104% tariff at midnight, US says — as Beijing vows ‘fight till the end’

“It was a big mistake, this Chinese escalation,” Treasury ... says 16.5% of US imports are from China, meaning potentially significant pass-through costs on consumers. Trump’s new global ... Read More

China's trade war weapons: Rare earth ban and US debt dump could cripple American economy and defense

TRUMP SAYS HE'LL 'TAKE A LOOK' AT EXEMPTING SOME LARGER US COMPANIES ... of the economy. They don't have free market forces moving things," she said. Nikakhtar also warned that China could ... Read More

"It's about bad actors": US Treasury Secy on tariffs hike on China, says India 'front' in trade negotiations

Washington DC [US], April 10 (ANI): US Secretary of the Treasury Scott ... focuses on countries like China, which have been contributing to imbalances in the global economy. Read More

US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says

Surging U.S. tariffs will weaken the global ... on China, Beijing has retaliated with tariffs on U.S. imports. The IMF is a 191-nation lending organization that works to promote economic growth ... Read More