china tariffs

Bill Ackman, a Donald Trump supporter, suggests pausing china tariffs. He proposes a 90-day suspension. Ackman believes this helps US businesses adjust. He wants tariffs reduced to 10% temporarily. This encourages supply chain relocation, he says. Ackman thinks China will negotiate. A deal benefits both nations. Trump can reimpose tariffs if needed. This approach minimizes economic disruption.

Equity markets are bracing for a volatile, holiday-shortened week, influenced by US-China trade war developments and key Q4 earnings from Indian giants like Wipro and Infosys. Investors will closely monitor global cues, foreign investor activity, and inflation data. Market sentiment will also be affected by rupee-dollar movements and Brent crude oil prices amid significant global economic data releases.

Donald Trump said that he's backing down on most nations' tariffs for 90 days amid market meltdown, but he's raising china tariffs. Market participants have been urging Trump to reduce tariffs, as economists warn that these measures could trigger a worldwide economic downturn and push prices higher.

US and China trade war continues. In the latest salvo, the US has added 12 American companies to its banned export list. This means that the export of dual-use items to these 12 US companies is prohibited. Ans in case, if export is really necessary under special circumstances, the export operator needs to apply to the China's Ministry of Commerce.

"At present, China's exports are facing a complex and severe external situation, but 'the sky will not fall'," the spokesperson said, news agency Reuters. He also stated that China is "actively building a diversified market, deepening cooperation with all parties in the supply chain," and added, "Importantly, China's domestic demand market is broad."

China retaliated against the US tariff hikes by increasing its own levies on American imports to 125%, while simultaneously expressing a willingness to engage in dialogue with Washington to resolve the trade dispute. Despite the tariff increase, China asserted that further US tariffs would be economically illogical and vowed to take firm countermeasures to protect its interests. Beijing emphasized that any negotiations must be based on equality and mutual respect.

Technology stocks surged following a temporary pause in tariffs on phones, computers, and consumer electronics, announced by the Trump administration. Apple shares notably climbed, and Asian tech stocks experienced a boost. Despite the positive market reaction, officials cautioned that tech tariffs are still anticipated in the near future, creating uncertainty about ongoing trade negotiations with China.

President Trump reaffirmed his tough stance on trade, asserting that no country, particularly China, would escape tariffs. He dismissed claims of exemptions for tech products, clarifying they were reclassifications subject to existing tariffs. Trump vowed to investigate the electronics supply chain, aiming to end perceived trade abuses and restore America's economic strength through new policies.

India has a big chance to become a major toy exporter. The US-China tariff war creates an opening for India. The US increased tariffs on Chinese toys. Indian toy exports are already growing. Local manufacturers are scaling up production. West Bengal is urged to develop a toy manufacturing hub. This could create jobs and investment.

Despite US tariff exemptions on some tech, Chinese-made gaming consoles like the upcoming Nintendo Switch 2 may face hefty import duties. A key Apple and Nintendo supplier indicates a potential 145% US tariff under Trump's trade policy. Other Chinese products, including smart speakers and TVs, also face steep tariffs, impacting the gaming and electronics industries.

The US-China tariff war escalated sharply, with the US imposing 104% tariffs and China retaliating with 34%. Amid rising tensions, China released a White Paper condemning US protectionism and unilateralism, warning of economic instability and disrupted global trade. It calls for equal dialogue and multilateral cooperation to resolve differences and maintain global economic order and stability.

Amidst US-China trade tensions, India's telecom department has directed operators like Airtel and Jio to detail Chinese equipment in their networks, raising security concerns. While Chinese firms maintain existing 4G infrastructure, they're barred from 5G rollouts and new contracts.