2024-11-10 23:55:08
Agriculture

Trade Tensions Escalate Amidst Tariff Threats

The ongoing trade tensions between the U.S. and China are intensifying as President Trump threatens to impose significant tariffs on Chinese exports. In response, China plans to retaliate with tariffs targeting U.S. agricultural goods, particularly corn and soybeans.

Despite these fears, U.S. farmers have managed to secure substantial deals at recent trade expos, alleviating some worries about a potential trade war. Meanwhile, international stakeholders, including African nations, express concerns over Trump's approach to trade and its implications for global relations.

As Europe grapples with its own negotiations regarding U.S. tariffs, the complexities of maintaining trade partnerships in a shifting geopolitical landscape are becoming increasingly evident. The interplay between tariffs, diplomacy, and economic strategy continues to shape the global trade environment.

news9live
10. November 2024 um 04:55

China prepares as Trump threatens to impose heavy tariffs on Chinese exports

Politics
Economy
China will retaliate with its own tariffs, targeting US agricultural exports like corn and soybeans, as part of its tit-for-tat response to Trump's threatened 60% tariffs on Chinese exports.
Global Economy - South China Morning Post
10. November 2024 um 22:00

US farmers sign big deals at CIIE expo, easing concerns about size of potential trade war

Economy
Environment
Politics
Finance
$711M CIIE deals for US firms; soybean, sorghum exports to grow; USDA, AmCham Shanghai pavilion for CA, ID, GA; concerns over Trump's potential 60%+ tariffs vs 7.5-25% in first term; deals signed in 2021 despite White House power transfer in January.
n-tv.de
10. November 2024 um 13:56

New tariffs coming?: Africa's countries take cover from Trump

Politics
Economy
After Trump's election victory, there is great concern in Africa about the future relationship with the USA. Import tariffs and Trump's lack of respect for democracy are major issues. Meanwhile, Russia and China are securing access to important raw materials in Africa.
bergamonews
10. November 2024 um 15:55

Visentin: "The EU must negotiate on US tariffs, Italy will not have privileged relations with Trump"

Economy
Politics
Visentin: the EU must negotiate on US tariffs, Italy will not have privileged relations with Trump. Companies are concerned about the increase in tariffs that will cause inflation and high interest rates. Germany and Italy are the first countries for trade surplus towards the USA. China aims to become economically dominant, negotiates on electric car tariffs. Italy wants Chinese factories that use 40-45% European components.
CW

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