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The Latest Breaking News from China

Footwear Industry Warns Of Price Hikes Due To Tariffs

Footwear industry trade group warns of higher prices for Americans due to Trump's tariffs on Canada, China, and Mexico.

Top News

Honor Magic 7 Pro launches with 200MP AI zoom and giant battery – we go hands-on

We got an early hands-on with the 200MP AI zooming Honor Magic 7 Pro in China ahead of its 2025 global launch

Digital Camera World

China Warns 'No One Will Win' After Trump Vows To Impose New Tariffs On Top Trade Partners

A spokesperson for the Chinese Embassy disputed Trump's assertion that officials reneged on pledges to execute drug dealers for sending fentanyl in the the U.S.

International Business Times

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Trump Announces Massive Tariff Hikes On Mexico, Canada, And China

Trump's tariff plan targets Mexico, Canada, and China to address immigration and drug issues, sparking concerns of trade repercussions.

Top News

Trump announces plan to "raise prices"

Despite assurances that he is merely negotiating, Trump's vow to impose tariffs on day one could be disastrous

Salon

What Trump's new tariff proposal could mean for inflation

The President-elect says he’ll implement new tariffs on China, Canada and Mexico when he gets back in office.

The Street

Dollar Rises as Trump Vows Immediate Tariffs

The dollar index (DXY00 ) today is up by +0.07%. The dollar today is slightly higher after President-elect Trump said on his first day in office he would impose an extra 10% tariff on goods from China and a 25% tariff on all products from Canada and Mexico. However, the...

Barchart

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Dow Jones, S&P 500 At New High After Fed Minutes; Dell, Workday, CrowdStrike Report (Live Coverage)

The Dow Jones Industrial Average fell after news that President-elect Trump may impose tariffs on goods from China, Mexico and Canada.

Investors Business Daily

China now producing its own blank wafers as domestic memory company ramps up 3D NAND production — YMTC consumes 500,000 homegrown wafers per month

Despite sanctions imposed by the U.S. government, YMTC is ramping up production of 3D NAND at a rapid pace.

Tom’s Hardware

Stocks Climb on Positive Corporate News

The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.48%. Stocks today are mixed, with some positive corporate news lifting the broader market. JM...

Barchart

Countries criticize Trump tariff plans, which could flout trade pacts - Roll Call

Trump’s tariff plans were criticized by Mexico, Canada and China and raised questions about potential trade pact violations.

Roll Call

Here's Where Americans Will Feel Trump's Tariffs the Most If He Makes Good on 'Day One' Threats

The U.S. president elect has vowed to impose a 25% hike to imports from Mexico and Canada, as well as a 10% to products from China

Latin Times

Eric Trump demonstrates in 30 seconds he doesn’t have a clue how tariffs work

‘You want to allow drugs to come through our southern border? We’re going to tariff you,’ son of president-elect tells major U.S. trading partner

The Independent UK

Rivian Gets $6.6 Billion Loan To Supercharge Its New Georgia Plant

It's not easy to build cars, and more importantly, it takes a ton of cash to do it. Thankfully, the U.S. government seems to be willing to shell out cash to startups that it sees potential in. The latest to receive billions of dollars of government loans is Rivian, and…

InsideEVs

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Benzinga

Mexican Peso, Canadian Dollar Slide As Ackman Says Trump Will Use Tariffs 'As A Weapon'

Trump announces plans to impose 25% tariffs on Mexican & Canadian imports & 10% on Chinese goods until drugs, illegal immigration stopped.

Top News

Trump Threatens Tariffs On Mexico, Canada, China

President-elect Trump's proposed tariffs on Mexico, Canada, and China raise concerns about trade relations and economic impacts.

The Independent UK

Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories

U.S. President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes Chinese exporters currently use to sell their products more cheaply in the U.S. If enacted, his plans would likely raise prices in America and squeeze sales and profit margins for Chinese exporters

The Conversation

China’s influence grows at COP29 climate talks as US leadership fades

The 2024 U.N. climate talks ended in Baku, Azerbaijan, on Nov. 24 after two weeks of arguments, agreements and side deals involving 106 heads of states and over 50,000 business leaders, activists and government representatives of almost every country.

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Benzinga

Amid Trump's Plans To Impose 25% Tariffs, Mexico Fears BYD New Factory In Country Would Send Wrong Message: 'Investments From China Have To Be Analyzed With Extreme Caution'

Amid rising tensions over trade policies, Mexico faces a dilemma regarding a potential investment from Chinese electric vehicle manufacturer BYD (OTC:BYDDY) (OTC:BYDDF). This comes as President-elect Donald Trump plans to impose a 25% tariff on Mexican goods, raising concerns about the implications of hosting a Chinese EV factory.

Investors Business Daily

Dow Jones Falls On Trump Tariff Threat; Nvidia Stock Hangs At Key Level

The Dow Jones dropped on the stock market today after President-elect Donald Trump's tariff threat on China, Canada and Mexico.

The Guardian - UK

First Thing: Trump’s vow of tariffs on Mexico, Canada and China attacked as ‘sales tax’ for Americans

Trump threatens 25% tax on Mexican and Canadian products and higher tariffs on Chinese. Plus, prosecutors drop Trump criminal charges for election interference

Barchart

Stock Index Futures Gain Ahead of FOMC Meeting Minutes and U.S. Economic Data

December S&P 500 E-Mini futures (ESZ24) are up +0.23%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.29% this morning as investors assessed the implications of U.S. President-elect Donald Trump’s pledge to impose additional tariffs on China, Mexico, and Canada, while also awaiting the Federal Reserve’s November meeting minutes,…

Top News

Rebel Group Seizes Key Trading Town In Myanmar

Kachin Independence Army's capture of Kanpaiti impacts Myanmar's rare earth mining and border dynamics, raising tensions with ethnic militias.

The Guardian - UK

Trump’s talk of tariffs raises fears of hit to economies worldwide

Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth

Benzinga

Asia And Europe Markets Dip, Crude Oil And Gold Gain - Global Markets Today While US Slept

US markets ended higher on Monday, boosted by drop in bond yields and rate cuts. Asian markets mixed with Japan and Australia down, China and HK up.

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