With Trump’s Tariffs, Europe Fears a Flood of Cheap Goods From China
President Trump’s tariffs on China could lead to a hazardous scenario for European countries: the dumping of artificially cheap products that could undermine local industries.
President Trump’s tariffs on China could lead to a hazardous scenario for European countries: the dumping of artificially cheap products that could undermine local industries.
Xi Jinping is in Southeast Asia to build bonds with countries that also face U.S. tariffs and have come under pressure from Washington to curb the transshipment of Chinese goods.
Britain’s decision to leave the European Union in 2016 was sold to voters as a magic bullet that would revitalize the country’s economy. Its impact is still reverberating.
China’s leader is on a charm offensive in the region, but some of Beijing’s neighbors are wary of being caught in the crossfire of a superpower rivalry.
The island’s many small factories have thrived by being frugal — and flexible. But President Trump’s unpredictability is testing their limits.
Xi Jinping, who rules with absolute authority, has shown he is willing to let the Chinese people endure hardship. President Trump revealed he has limits.
Ursula von der Leyen is trying to ensure that if the international trading system is remade, the E.U. is at the center of what comes next.
Southeast Asian leaders, their export-driven economies in peril, are trying to placate the president. “We may have to comply,” Thailand’s finance minister said.
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The lower revenues, a result in part of President Trump’s trade war, could prove more damaging to the Russian economy than the penalties the United States and its allies have…