China, Contract and Factory Activity
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China, Trump
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A chronic housing slowdown and high youth unemployment rate have made China more vulnerable than it was in President Trump’s first term.
U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.
1don MSN
The flurry of punitive measures taken against China by the Trump administration over the last few days was prompted by a belief among US officials that China has failed to live up to commitments it made in trade talks earlier this month,
President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
The S&P 500 rose more than 6% in May, inching closer to record highs set before Trump unveiled plans for sweeping tariffs.
US stocks end little changed after Trump says China violated tariff terms. Administration maps new curbs. Investors shrug off cooler inflation data.
President Donald Trump's trade war with China underscores the importance of a reliable supply chain for the automotive industry of rare-earth minerals and magnets made from them that are necessary for parts from electric vehicle motors to windshield wipers and anti-lock braking systems.
Economists expect deflationary pressure to get worse in China, even as they improve forecasts for growth and exports this year after a truce in the trade war with the US.