China’s Economy Grows Despite Tariffs
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Toyota and Hyundai may have a beef with U.S. protectionism, but they have one thing in common with Trump: when it comes to global markets, it's America first for Asia's legacy automakers.
On the institutional activity front, foreign institutional investors (FIIs) net bought shares worth ₹104.49 crore. Similarly, domestic institutional investors (DIIs) net bought shares worth ₹1,477.58 crore on July 15. | NSE (Photo: Reuters)
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.
China has reported its exports accelerated in June as a reprieve on U.S. tariffs prompted a rush of orders by companies and consumers.
Secretary of State Marco Rubio wants to bolster ties with Asia to counter Beijing’s power, but President Trump’s tariff threats have nations asking why they should align with Washington.
2hon MSN
WASHINGTON (AP) — President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean. “We’ll probably set one tariff for all of them,” Trump said, adding that it could be “a little over 10% tariff” on goods from at least 100 nations.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.
European natural gas paused its rally, with traders watching key buyers in Asia where extreme heat is boosting demand for cooling, and US President Donald Trump’s rhetoric over Russia. Benchmark futures settled marginally lower after five days of gains.