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Trump's New Tariffs on Canada, Mexico, and China
China's yuan slides to four-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China.
'Counter to facts and reality': China, Mexico, Canada respond to Trump tariff threats
The president-elect said he would sign an executive order immediately after his inauguration introducing a 25% tariff on all goods coming from Mexico and Canada and a 10% tariff on goods from China. Start the day smarter.
Trump Vows New Canada, Mexico, China Tariffs That Threaten Global Trade
President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars.
3h
on MSN
JPMorgan Sees 10-15% Chinese Yuan Slide in Response to Trade War
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
cryptonews
1d
‘China’s Digital Yuan Has Failed, and Has Weakened Xi’ – Report
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening ...
1d
Morning Bid: Trump tariff threat jolts Canadian dollar, peso, yuan
Global stocks paused on Wednesday and currencies were mixed as investors worried over the next potential target for U.S.
14h
on MSN
Chinese Firms Debt Profile Lowers Yuan Risk at Just Right Time
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan ...
Opinion
ジャパンタイムズ
6h
Opinion
China will send a weaker yuan to the Trump front
Beijing’s long-standing line has been a commitment to keep the yuan 'basically stable.” But Trump’s return with his tariff ...
2d
Yuan to catch up to China’s position in world’s economy: ex-official
Outspoken former Chongqing mayor Huang Qifan says Hong Kong can play a key role in the internationalisation of the yuan.
Global Times
7h
China's industrial profits top 5.86 trillion yuan in Jan-Oct
The combined profit of major industrial enterprises in China exceeded 5.86 trillion
yuan
(about 814 billion US dollars) in ...
2d
China’s central bank holds medium-term loan rate steady as yuan struggles
China maintained its medium-term lending rate on Monday, signaling its central bank's focus on stabilizing the yuan.
中国日报网
6h
China's 2024 box office hits 40b yuan, showcasing market resilience
BEIJING - China's 2024 box office revenue reached 40 billion yuan ($5.56 billion) as of Wednesday, according to film data platform Maoyan. While this figure marks a decline of 21 percent from the same ...
1d
on MSN
China's yuan slides to 4-month low on Trump's tariff promise
The yuan fell against the U.S. dollar to its weakest level in nearly four months after U.S. President-elect Donald Trump said ...
1d
on MSN
FX strategist: 'Remains to be seen' if the Chinese yuan will weaken past 7.3 per dollar
Jabaz Mathai of Citi sees further upside for the U.S. dollar, especially against China's weakening economy. He says further ...
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