China Eyes Yuan Devaluation To Counter Trump's Tariffs: Will It Work?
China may be playing its biggest economic card yet. According to sources cited by Reuters this week, Chinese policymakers are considering allowing the yuan to weaken significantly in 2025 to counter the economic impact of a potential 60% tariff on Chinese imports by the United States.
China pledges more borrowing and interest rate cuts to counter Trump’s tariff threats
The Politburo said China would switch to an “appropriately loose” monetary policy stance and “more proactive” fiscal levers, as well as stepping up “unconventional counter-cyclical ... Leaders also vowed to reduce bank reserve requirements ...
China ready to go deeper into debt to counter Trump's tariffs
In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected U.S. trade tariffs on next year's economic growth.
China may let yuan fall to counter Trump's increased tariffs
China is mulling a strategic move to let its currency, the yuan, weaken in 2025. The move comes as the country prepares for increased US trade tariffs with Donald Trump 's return to the White House on January 20, 2025. Analysts expect the yuan could fall to 7.37 per dollar by year-end, depending on Trump's tariff moves.
Trump Invites China's Xi to His Inauguration Even as He Threatens Massive Tariffs on Beijing
President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month — extending a diplomatic olive branch even as Trump threatens to levy massive tariffs on Chinese goods.
Trump Invites Xi to Inauguration Despite China Tariff Threats
Donald Trump has invited Chinese President Xi Jinping to attend his inauguration in January despite ongoing trade tensions.
Trump’s invitation to Xi for inauguration could mean a ‘grace period’ before China faces tariffs
U.S. President-elect Donald Trump’s decision to invite Chinese President Xi Jinping to his inauguration next month could be a sign that Beijing won’t immediately get hit with tariffs as Trump’s second term starts,
Tariffs looming, Trump invites Chinese President Xi Jinping to inauguration
Karoline Leavitt, Trump’s incoming White House press secretary, confirmed the invitation on Fox and Friends on Thursday morning.
Countering China: Foreign aid in America’s national interest
Like Japan, the United Kingdom and France, the United States must have a more direct alignment between its foreign aid and ...
China vows to ramp up policy stimulus to spur growth in 2025
European countries put asylum applications from Syrians on hold until further notice on Monday after rebels seized the Syrian ...
Digi Times7d
China counters US by proposing 20% price reduction on domestic products
China has unveiled countermeasures following Trump's recent announcement of a 10% tariff on Chinese imports. On December 5, the Ministry of Finance of the People's Republic of China (MOF) ...
China Comes Out Swinging as Trump Trade War Looms
Beijing is brandishing an expanded arsenal of countermeasures as President-elect Donald Trump threatens across-the-board ...