US President Donald Trump says ball is in China’s court, but analysts say Beijing is prepared to withstand trade war.
Content Feed
Trump says he is open to making deals but his disdain for trade deficits makes compromise a challenge, analysts say.
US has a trade surplus from export of services which experts say are now vulnerable to global tariffs.
Tariffs on imported cars and auto parts will sharply increase prices, hitting demand and jobs, experts say.
Even if blanket tariffs are revoked, more tailored levies are likely to persist, stoking inflation, analysts say.
The Trump administration is trying to rewrite numerous trade rules to extract concessions from allies and adversaries.
Domestic pressures and US tariff threat pose major challenges for Justin Trudeau’s successor.
Analysts expect Republican to act on threats of imposing tariffs and blocking immigrants soon in his second term.
Many households will have to wait for some time to feel the benefit of lower interest rates.
Harris’s economic views are largely unknown, but inflation is a red flag for the Democratic presidential nominee.
