Trade War
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X @The Wall Street Journal
The Wall Street Journal· 2025-07-21 19:41
From @WSJopinion: Canada is the best friend America’s got. We should be working together to counter China, not trapped in a harmful trade war, writes @HonEdFast. https://t.co/OKC3LciuWc ...
US Consumers Defy Trade War Gloom | Presented by CME Group
Bloomberg Television· 2025-07-21 18:02
July is a major month for consumer deals, but are the discounts sufficient to lift retail sales and consumer confidence. Well, if current retail sales report is any indication, then consumers are still spending and are a bit less concerned than they were a month or two ago. Consumers ramped up spending more than economists anticipated.A sign of resiliency among American shoppers despite concerns that President Trump's tariffs are weighing on the economy. Retail sales rose by6 month overmonth, reversing a.9% ...
A Look Inside the August Edition of Businessweek
Bloomberg Television· 2025-07-21 17:52
Elon Musk kicked off the second Trump term at the top of the world. Investors dreamed about how his proximity to power might help Tesla, SpaceX, and X, the company formerly known as Twitter. But 6 months later, Elon is feuding with Donald Trump.Tesla stock is down 30% since the election. SpaceX is in danger of losing government contracts, and X often feels overrun with toxic content. I'm Brad Stone, editor of Bloomberg Business Week.In our August edition, we ask, does Elon Musk threaten Elon Inc.. Is the wo ...
X @The Economist
The Economist· 2025-07-19 09:00
Thanks to previous rounds of tariffs, many Chinese goods face levies of over 50% if they are shipped to America. How, then, to explain the resilience of China’s exports in the turmoil of the global trade war? https://t.co/fe3ZWH8R5L ...
X @Bloomberg
Bloomberg· 2025-07-18 10:58
Global equity flows into the US have plunged in 2025, BofA says, as the trade war fuels doubts about American exceptionalism https://t.co/5FJtGumo05 ...
How China's Factories Are Being Rocked by Trump
Bloomberg Originals· 2025-07-18 08:00
Trade War Impact on Chinese Manufacturers - US-China trade tensions, driven by tariff increases, create uncertainty for Chinese manufacturers, forcing them to focus on short-term survival rather than long-term strategies [1][2][4] - The trade war has led to reduced revenue for some Chinese manufacturers, with one example showing a 20% decrease in revenue [5] - Tit-for-tat tariff hikes between the US and China have raised tariffs up to 145% for Chinese goods going to the US and 125% for US goods coming to China [6] - Despite trade tensions, China's GDP expanded by 52% in the second quarter, but exports to the US fell by 24% during the same period [11] - The US imported approximately 439 billion USD worth of goods from China, while US exports to China totaled approximately 143 billion USD, resulting in a trade deficit of approximately 295 billion USD [7][8] Strategies and Adaptations - Chinese manufacturers are exploring the "China-plus-one" model, shifting production to countries like Cambodia, India, and Southeast Asia to avoid tariffs and take advantage of lower labor costs [19][20] - Some companies are considering shifting focus to other markets like Europe, but find it difficult to replace the US consumer market due to its size and openness to new trends [21][22][23] - The uncertainty in US trade policy, including on-again, off-again tariffs and the closure of the de minimis tariff loophole, has disrupted manufacturers' planning and order cycles [15][18] Economic Concerns - Concerns exist that reduced access to the US market could lead to price cuts, job losses, and lower wages in China, potentially dampening consumer sentiment [9] - China faces persistent deflation, which reduces company earnings and discourages investment and hiring [11][12] - The loss of jobs, lower wages, and potential price cuts due to trade tensions could lead to a deflationary spiral in China [13] Market Dynamics - The US consumer market is considered essential and difficult to replace due to its size and spending power [3][23][25] - Despite tariffs, Chinese companies are not entirely deterred from the US market, but are focused on managing the uncertain relationship and planning for potential decoupling [25]
X @Bloomberg
Bloomberg· 2025-07-18 07:46
Sweden’s industrial companies are demonstrating resilience in the face of Donald Trump’s trade war, though currency headwinds are darkening their outlook https://t.co/C3GDZGcmks ...
X @Bloomberg
Bloomberg· 2025-07-18 01:37
Economic Overview - China's economy remained stable despite tariffs imposed by the Trump administration [1] Trade War Impact - Manufacturers are actively adjusting to the trade war, which poses a threat to global supply chains [1] Future Outlook - The report seeks to explore the future implications of the trade war [1]
X @Bloomberg
Bloomberg· 2025-07-18 00:28
🎙️China’s economy held steady despite Trump’s tariffs. But manufacturers are still racing to adapt as the trade war threatens global supply chains.What’s next? Join our reporters for a Live Q&A on July 17 at 9:30 p.m. EDT / July 18 at 9:30 a.m. HKT https://t.co/QyaitSMSXB https://t.co/Dsltny8Dtt ...
X @Bloomberg
Bloomberg· 2025-07-17 21:20
A kitchenware company contemplates layoffs. A pet products maker seeks new markets. A toymaker ships molds to Vietnam — then ships them right back. Here’s how Trump’s trade war is upending China’s factories https://t.co/lVH4L7FFg8 ...