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China, Donald Trump and Trade Surplus
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.
China Trade Surplus Soars to $1 Trillion Ahead of Trump Return
Good morning. China’s trade surplus hits a record ahead of Donald Trump’s return to the White House. UK Chancellor Rachel Reeves returns from Beijing with deals and investments. And Europe’s largest pension fund sells its entire stake in Tesla.
China reports record global trade surplus as threat of Trump tariffs looms
Trump has vowed to impose tariffs of as high as 60% on China, as well as lesser ones with the US’ biggest trade partners, threats that could upend global trade and economic growth.
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.
China hits record $1T trade surplus: Chart of the Day
China has reached a record-breaking trade surplus of $1 trillion, with exports outpacing imports by 21% compared to last year. In today's Chart of the Day, host Madison Mills analyzes what this reveals about the Chinese economy and how it will impact the proposed tariff policy under Trump.
China-Russia 2024 trade value hits record high - Chinese customs
The value of China's imports and exports with Russia reached 1.74 trillion yuan ($237 billion) in 2024, a record high, Chinese customs data showed on Monday, as the two countries' leaders hailed bilateral relations.
World Business Report - China posts record annual trade surplus of nearly $1tn amid looming US tariff threats - BBC Sounds
China's trade surplus surged to an unprecedented $992 billion in 2024
China’s record trade surplus: could this spark a trade war with the US?
China’s trade surplus hit almost a trillion dollars in 2024, driven by record exports of $3.6 trillion, according to official data. The surplus, which is equivalent to 992.2 billion in US dollars, has sparked concerns about a new wave of global trade tensions,
China’s trade surplus hits record $1T as 23 countries apply to join BRICS amid US tensions
China just dropped a $1 trillion bombshell on the global economy. That’s the size of its trade surplus last year, a jaw-dropping number that has everyone from Washington to Jakarta clutching their spreadsheets.
China's trade surplus beats expectations, helped by exports
China's trade surplus jumped to $104.84B in December 2024, from $75.31B a year prior, surpassing expectations of $99.80B.
China, India seek new supplies
China, India seek new supplies as US sanctions tighten grip on Russian oil
Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.
India will reject Russian oil tankers under US sanctions, Bloomberg reports
India intends to abandon oil tankers that have been sanctioned by the United States because of their role in transporting goods for Russia, which is another example of the impact of Washington's measures on the global oil market.
India shuts ports to Russian oil tankers under US sanctions
Bloomberg reported that India will not allow tankers carrying Russian oil subject to American sanctions to enter its ports. This is a significant blow to Vladimir Putin's policy. The Indian market became one of the key markets for Russia after the EU decided to abandon Russian raw materials following the invasion of Ukraine.
1h
on MSN
Xi calls China-EU economic relations 'symbiotic' amid trade tensions with US
China and the European Union have a robust "symbiotic" economic relationship and Beijing hopes the bloc can become "a ...
scmp.com
1d
China posts record trade surplus as export wave finds shores outside US
Buttressed by a massive spike in exports, all-time highs in car and computer chip shipments and its largest-ever share of ...
Global Times
25m
China, Grenada agree to promote multi-faceted economic and trade cooperation: Grenada prime minister
Grenada looks forward to continuously strengthening multi-faceted cooperation with
China
, Grenadian officials said on ...
1d
China exports accelerate amid trade tensions, imports surprise
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
7h
China trade surplus near $1 tn: takeaways from export surge, how trade situation could play out as Trump takes office
Domestic demand recovery remains weak, and Beijing, which has already launched two stimulus packages, could consider more ...
1d
China does not pursue trade surplus; current GDP ratio of trade surplus remains within reasonable range: senior customs official
China does not deliberately seek a trade surplus, with current GDP ratio of trade surplus remaining within reasonable range, ...
17h
on MSN
Exclusive-Trump eyes Washington trade lawyer for key China post at Commerce Dept
President-elect Donald Trump is considering Washington trade lawyer Jeffrey Kessler to lead the U.S. Commerce Department's ...
1d
on MSN
On front lines of Trump’s impending trade war, an ‘unflappable’ Latter-day Saint
The responsibility of carrying out those promises will likely fall to a soft-spoken Latter-day Saint. Jamieson Greer, Trump’s ...
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