China, Donald Trump and U.S. tariffs
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China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts warn that weak demand at home and rising global trade risks will ramp up pressure on Beijing to roll out more stimulus.
External demand continues to support Chinese economic growth, as the first-half trade surplus surged to a new high of $586bn.
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ABP News on MSNNATO Chief Warns India, China And Brazil With '100% 'Secondary Tariff' Over Russia LinksHe urged India, China, and Brazil to pressure Putin for peace talks, as these tariffs could severely impact their economies.
China’s economy slowed in the second quarter even as it topped market forecast in a show of resilience against U.S. tariffs, though analysts warn of underlying weakness and rising risks that will ramp up pressure on Beijing to roll out more stimulus.
Two historic events that challenged the viability of many businesses have vaulted an Amish-powered Lancaster County manufacturer into contention for the title of market leader, and has it moving on
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China has reported its exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers.
Tariffs on Chinese goods have taken effect, and the impact is already noticeable in ports, as cargo volumes are down, leading to supply chain disruptions.
Australia is now less sensitive to China, but Chinese growth is likely to be enough to keep the iron ore price elevated.