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China Feels Donald Trump Tariffs Pressure in Unexpected Exports Slump
China’s exports shrank unexpectedly in October, Beijing’s official commerce data showed, dragged down by a sharp fall in shipments to the U.S. amid the trade battle with President Donald Trump. Beijing’s grip on rare earths processing is a major problem for the U.S. and its advanced manufacturing sector. But the drop in exports highlights Trump’s […]
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Stories
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GM Ends US Vehicle Exports to China Amid Trade Tensions
General Motors (GM) has stopped shipping vehicles to China from the United States. According to Reuters, GM informed employees and dealers for its China export business of the decision late last week. The move comes amid continuing trade tensions, despite a recent 90-day pause that reduced reciprocal tariffs between the two countries. Newsweek reached out […]
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