President touted plan during speech on Wednesday in Pennsylvania, where union support could prove crucialJoe Biden announced plans to triple tariffs on Chinese steel and aluminum and promised to block the acquisition of US Steel by a Japanese company during a speech to steelworkers on Wednesday in the battleground state of Pennsylvania, where union support could prove crucial in the November general election.Biden touted the plan during a visit to the United Steelworkers union headquarters in...
Vietnamese enterprises have poured trillions of Vietnamese dong into data center projects
Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.
Chinese FX Outflows Soar, Priming The Next Bitcoin Surge Last October, when we pointed out that China's FX outflows had just hit a whopping $75BN - the single biggest monthly outflow since the 2015 currency devaluation - we concluded that the "unfavorable interest rate spread between China and the US will "likely imply persistent depreciation and outflow pressures in coming months", or in other words, September's biggest FX outflow in years is just the beginning, and very soon - in...
The number of migrants from China has soared from under 1,000 a few years ago to more than 37,000 last year. NBC News' David Noriega reports on what's behind the increase and how the U.S. says it's addressing the issue.
As the Biden administration proposes tripling duties, experts recall how previous tariffs mainly hit American consumers and industries.
President Biden on Wednesday called for tripling the tariff rate on steel and aluminum imported from China, a move aimed at preventing American manufacturers from being undercut by lower-cost imports.
President Joe Biden will call on the U.S. Trade Representative to triple
The comments from ByteDance come after reports it was exploring the potential sale of the platform.
The number of Chinese citizens coming across the southern border from Mexico has skyrocketed to the fastest-growing demographic of illegal immigrants in recent months, triggering serious concerns among lawmakers in Washington. Tens of thousands of Chinese immigrants have been arrested by Border Patrol agents over the past year, far beyond the hundreds to a couple […]
The White House says China uses subsidies and government programs to undercut U.S. steel. President Biden wants to hike tariffs on the imports and take other new steps to curb imports.
President Biden has now formally signed the bill that means TikTok owner ByteDance must sell the platform, or face being banned in the US from 2025. TikTok could be banned in the US from 2025 As expected following the Senate's passing of the combination bill regarding funding for Ukraine and the potential ban of TikTok, President Biden has now signed the measure into law. From today, ByteDance has nine months in which to sell or divest itself of TikTok, although there may be a further...